Malaysia Property

i dun have cheque book.

i heard bank draft is expensive based on %

credit card limit not enuff.

cash out dangerous.

Need advice on housing loan…

Got a RM128k housing loan from EON bank at BLR-1% for 15 years. [estimated pay bank RM190k in total after 15y]

Already paid 18 months but since other banks have better offer I am thinking of refinancing but I don't know how to count. Whether I'll lose or gain considering the following extra charges.

-EON will charge me RM5000 + 3 month interest = RM6500(condition from the agreement)
-Other bank that I'm going to refinance will have all kinds of fees
-Extra lawyer fees

I asked the lawyer he advised me to refinance after 5th year to avoid penalty. Is he correct? Can anybody help me count the rough amount.

Thanks.

Hi Sifus,

I was told that during underconstruction period, we are not allowed to refinance. Is it true?

please help me..im naive in this area…could anybody who has experience in investing in properties teach me sumting…pls?

I'm starting this to gauge the public's perception and feedback on this project. Some info"

1. Developer: Sunrise
2. Type : Commercial (Shoplots, 1000 office space, abt 800 service apartment), One office bloc sold en-bloc to TM punya anak's company
3. Price : Shoplots (2.5-8M), office (55psf), Svc apt (400-500psf) – got a few developers unit left.
4. Location : Opposite Duta Nusantara and Duta Tropika.

Anyone there?