The house must be a residential building

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The main one is that . You can refer to the other conditions on the LHDN website. real estate agent 3) You may be subject to a lock-in period penalty. Depending on your agreement with the bank, you may be subject to a penalty if you sell your house before 5 years. This penalty is usually 3-5% of the principal loan amount.


Let's say the principal loan is RM100,000 and the colombia whatsapp number database penalty is 3%, the amount you have to pay to the bank is RM3,000. Most importantly, you need to look back at the bank's letter of offer that you signed or contact the bank. The lock-in period may or may not exist. If so, what is the rate? And how long is the lock-in period? 4) Your bank loan is not much less If you want to sell a house that you bought less than five years ago, don't expect your loan balance to be much lower.


Your monthly payments for the first five years will mostly be for paying bank interest/profit. So your profit may not be very much. 5) House price increases are not significant For a newly purchased house, the increase in house price may not be much. Especially in the current sluggish market and also newly completed projects. The market now is not like it was 10 years ago.