Consideration for MY property Purchase 1. Avoid mixed devt; it is difficult to demarcate Hotel, Residential & Mall for Strata Title issue. Best choice is JB (& Melaka) as more food choices & rentals. (KL & Penang are too far for me to travel, although it's property may have good return value. Need MM2H or else need to return home monthly to renew Visa extension.) 2. Before Strata Title issue, Unit has to pay State Consent every 2-year @RM5k (recently raised from RM3k) to keep unit ownership interim. When purchasing, bargain for one time payment for State Consent; no need renewal. But easily than said, Developer may not warrant it after 3-year Latent Defect Period (LDP). Not even through legal statements, unless it's first State Consent Certificate does not have expiry date. Earlier year, new property buy may have such privileges such as Deferred Interest Bearing Scheme (DIBS) loan absorption by developer during construction phrase; so one doesn't
Comments
Post a Comment