Rumawip is a no brainer if you’re first time homebuyer. Anyway residensi serina is a nice and good place to live. Wish i can buy one more, caused already owns 1 rumawip 😂
Yes, owners of Residensi Wilayah (RUMAWIP) units can rent out their properties to local tenants under certain conditions: Tenants: The unit can only be rented to local tenants. Moratorium: There is a 10-year moratorium from the date of signing the Sale and Purchase Agreement. During this time, the property cannot be sold or transferred to a new owner without the government's permission, unless to immediate family members or heirs. Location: The government may consider allowing the unit to be rented out if the owner was forced to move to a location far from the city. Penalties: Owners who rent out their units to foreigners will face strict action.
😊😆I completely agree that the decision to buy a house can evolve depending on circumstances like location and affordability. I’d like to add a couple more points to why owning a home is a great choice: ⭕ A house is more than just a place to live; it’s also an asset for wealth preservation. Unlike investments that may fluctuate, owning a fully paid property provides financial stability and a tangible asset in your portfolio. ⭕ Another important reason for owning your home, especially in later stages of life, is the challenge of finding a landlord willing to rent to older tenants. Owning your home provides peace of mind and eliminates this uncertainty. Some landlords unfairly discriminate against older renters, denying them housing despite their ability to pay.
3.9% interest rate is crazy good
Rumawip is a no brainer if you’re first time homebuyer. Anyway residensi serina is a nice and good place to live. Wish i can buy one more, caused already owns 1 rumawip 😂
9:36 RumahWIP is not for investment purposes
Says you?
any reason not?
Yes, owners of Residensi Wilayah (RUMAWIP) units can rent out their properties to local tenants under certain conditions:
Tenants: The unit can only be rented to local tenants.
Moratorium: There is a 10-year moratorium from the date of signing the Sale and Purchase Agreement. During this time, the property cannot be sold or transferred to a new owner without the government's permission, unless to immediate family members or heirs.
Location: The government may consider allowing the unit to be rented out if the owner was forced to move to a location far from the city.
Penalties: Owners who rent out their units to foreigners will face strict action.
Agree. RumaWIP is meant for low-income families to get affordable housing. Iherng always oppose those who buy RUMAWIP for investment purposes.
😊😆I completely agree that the decision to buy a house can evolve depending on circumstances like location and affordability. I’d like to add a couple more points to why owning a home is a great choice:
⭕ A house is more than just a place to live; it’s also an asset for wealth preservation. Unlike investments that may fluctuate, owning a fully paid property provides financial stability and a tangible asset in your portfolio.
⭕ Another important reason for owning your home, especially in later stages of life, is the challenge of finding a landlord willing to rent to older tenants. Owning your home provides peace of mind and eliminates this uncertainty. Some landlords unfairly discriminate against older renters, denying them housing despite their ability to pay.
Good move 🎉
Insurance is not mandatory. It was made "mandatory" by the bank if u were to finance from them.
Yep pretty much lol
ayyyy fellow millennial, honestly i was thinking to get a house but the fear to get one is insane.
Had the same fear man. For this price I felt a lot better 😂
For Rumahwip is there a moratorium on sale & rental?
10 years for sale, rental no
Is it a completed project?
Nope, 2 years time
@@MillennialFinanceMalaysia do you need to pay progressive interest?
arent you supposed to get 100% loan for skim rumah pertamaku?
Couldn’t get it for some reason. They said quota was full lol