? ! Y L L A E R
le Zero Hass Package!
ZERO IN ON YOUR
ZERO WAITING TIME*
ZERO PROGRESSIVE INTEREST*
LOW DOWN PAYMENT*
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DREAM HOME ZERO ENTRY COST*
ZERO RENOVATION COST*
ZERO MOVE IN COST We go beyond to ensure your moving in journey is as pleasant as possible. Enquire to find out how you can be entitled to Free Mover’s Service* and Free House Cleaning*
FREE
Mover’s Service*
FREE
House Cleaning*
ZERO % INTEREST INSTALLMENT* * Applicable for selected product only. Terms & Conditions apply.
3
N E W LY CO MP LE T E D
NEWLY COMPLETED VS SUB-SALE
A
spiring homeowners today are faced with two options – to either purchase a new property or dig deep into their pockets for a sub-sale home. While each type has its own advantages, homebuyers should give careful consideration in weighing their options before taking the plunge.
How deep is your pocket? Needless to say, one of the main factors that a homebuyer should consider is price. Although house size and location contribute to the total cost, new homes are normally more expensive than sub-sale homes. That being said, new homes are often made attractive with numerous financing options as well as rebates from developers while sub-sale homes require the buyers to seek out own loans from financial institutions.
AMPLE FINANCING OPTIONS
IMMEDIATELY AVAILABLE
BRAND NEW PROPERTY WITH DEFECT LIABILITY PERIOD
CONTEMPORARY DESIGN
4
V
S S UB-SALE
FOR SA LE
The factor of time NEED TO FIND YOUR OWN LOAN AND CAN BE TIME CONSUMING
IMMEDIATELY AVAILABLE
HIDDEN REPAIR AND MAINTENACE COSTS
Other advantages of purchasing a new home include modern design and defect liability periods as sub-sale properties are more likely to spot an outdated design with additional cost for repair works. As time, sub-sale homes & newly completed are available immediately.
Turning a profit Whichever you choose, you can opt to rent the property out or use it for your own stay. Don’t forget that the amount of rent may vary depending on location, house condition and available surrounding amenities. So which of the two options will be your choice? Need more help deciding? Talk to our friendly consultants for advice.
TRADITIONAL DESIGN
5
TEEMING WITH
FOREST FRESHNESS
6
DOUBLE STOREY TERRACE
ARTIST’S IMPRESSION
FULL HEIGHT WALL TILES* (*BATHROOMS & KITCHEN)
3 PHASE WIRING
HASSLE FREE RENOVATION*
CENGKAM KOTA SDN. BHD. ( Co. No. : 818199-X ) : NUSA 13 - 22’ x 70’ | Certificate Of Completion And Compliance.
5
5
7
LOW
DOWN PAYMENT*
Yes, selected units also require zero down payment. This means your savings are safe in your bank account.
ZERO %
INTEREST INSTALLMENT*
Looking to ease your burden on the down payment? Take advantage of our ZERO % Interest Installment Scheme for up to 36 months! • By Hong Leong Credit Card Only
* Applicable for selected product only. Terms & Conditions apply.
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PREMIUM SINGLE STOREY TERRACE HOUSE
ARTIST’S IMPRESSION
13ft HEIGHT CEILING*
EXTENDED CAR PORCH
CENGKAM KOTA SDN. BHD. ( Co. No. : 818199-X ) : NUSA 15 - 20’ x 70’ | Certificate Of Completion And Compliance.
EXTENDED BUILDING
4
2
* Only Applicable for Master Bedroom, Living Room, Bedroom 1 & 2.
DOUBLE STOREY TERRACE
ARTIST’S IMPRESSION
HOMEGROWN YARD
EASY ACCESSIBLE FROM HIGHWAY
CENGKAM KOTA SDN. BHD. ( Co. No. : 818199-X ) : NUSA 16 - 20’ x 70’ | Certificate Of Completion And Compliance.
PRIVATE BATHROOM
4
4 9
ZERO
WAITING TIME*
Pick any of our available units and be treated to zero waiting time. Your home is ready when you are.
ZERO
ENTRY COST*
Legal Fees for SPA and MOT? Not to worry, we’ve got you covered as well.
* Applicable for selected product only. Terms & Conditions apply.
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DOUBLE STOREY TERRACE
ARTIST’S IMPRESSION
300 ACRES OF DEVELOPMENT
FULLY EXTENDED CAR PORCH
CENGKAM KOTA SDN. BHD. ( Co. No. : 818199-X ) : NUSA 17 - 20’ x 60’ | Certificate Of Completion And Compliance.
FOREST RESERVED
4
4
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Trade your current house for a brand new home through Seri Pajam Development’s all-new trade program. Choose from a vast selection of developments in a host of locations for a home within any price-point*. Own the home of your dreams today with Seri Pajam Development. *Terms & conditions apply.
STEP-BY-STEP GUIDE
a
Visit our Seri Pajam gallery.
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Bring our property expert to evaluate your home.
B
CD
Choose your New Seri Pajam Property.
1 1/2 STOREY BUNGALOW
ARTIST’S IMPRESSION
5KM TO SEREMBAN TOWN
HASSLE FREE OWNERSHIP
FREE MOVING SERVICE*
SERI PAJAM DEVELOPMENT SDN BHD ( Co. No. : 291244-M ) : Topaz | 60’ x 80’ | Certificate Of Completion And Compliance. *Terms & Conditions Apply.
60’ X 80’
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ZERO
PROGRESSIVE INTEREST*
F i nanci a l planning ma de e as y. Yo u c a n n o w do a w a y wi t h prog r e ssi v e int e re st s a nd be g i n r e p a y me nt s o n yo ur pr i n c i p a l l o a n amo unt .
ZERO
RENOVATION COST*
One of our goals has always been to offer move-in ready homes that require zero renovations. Another feature that saves you money.
* Applicable for selected product only. Terms & Conditions apply.
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EXAMPLE OF PROGRESSIVE INTEREST FOR AN UNDER-CONSTRUCTION HOME Schedule of Payment of Purchase Price : RM 500,000 ESTIMATE CONSTRUCTION TIMELINE INSTALMENTS (MONTH) PAYABLE
Interest rate : 4.4%
%
AMOUNT(RM)
PROGRESSIVE INTEREST (RM)
ACCUMULATE PROGRESSIVE INTEREST (RM) FOR 24 MONTHS*
0
Upon Signing of SPA Agreement
10
50000.00
0.00
0.00
1
Foundation
10
50000.00
183.00
183.00
5
Strcutural framework
15
75000.00
458.00
1190.00
8
Walls, doors & window frames
10
50000.00
642.00
2748.00
12
Roofing/ Ceiling, electrical wiring, plumbing, internal trunking and cabling
10
50000.00
825.00
5499.00
16
Internal & external finishes
10
50000.00
1008.00
8982.00
17
Sewerage works
5
25000.00
1100.00
10082.00
20
Drains
2.5
12500.00
1146.00
13428.00
22
Roads
2.5
12500.00
1192.00
15766.00
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Vacant Possession
17.5
87500.00
1513.00
17279.00
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Memorandum of transfer to the purchaser
2.5
12500.00
1558.00
18337.00
24
Held by the Developer’s solicitor as stakeholder for payment to the developer
5
25000.00
1650.00
20487.00
100
500000.00
Purchasing a completed unit can save you from progressive interest payments. If you are renting a house at RM1,000 per month (a typical double-storey rental price), you will need to pay additional RM24,000 rental on top of the Progressive Interest of RM20,487 while waiting for your new home. This will bring your expenses to a whopping total of RM44,487.00! By purchasing a completed home, you need not worry about rental or progressive interest payments, saving you a significant amount of money. Note: * Construction timeline varies from project to project * Rental rate is an estimation * For a more accurate interest rate calculation, please consult a bank
S AVE RM UP TO FOR NEW LY COM PLE TED
HOU SE
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(EFFECTIVE 1 JANUARY 2017) BASIC SALARY + FIXED ALLOWANCE* (RM)
MAXIMUM AMOUNT ELIGIBLE (RM)
BASIC SALARY + FIXED ALLOWANCE* (RM)
MAXIMUM AMOUNT ELIGIBLE (RM)
6,500 and above 6,000 5,700 5,500 5,000 4,700 4,500
750,000 720,000 680,000 650,000 600,000 560,000 540,000
4,300 4,000 3,800 3,500 2,900 2,300 Up to 1,700
510,000 470,000 450,000 420,000 340,000 270,000 200,000
*Fixed allowance taken into account: i. Fixed Housing Allowance (ITP) / Federal Housing Allowance (EPW); ii. Fixed Public Service Allowance (ITKA) / Overtime Allowance (ITK); and iii. Fixed Special/Key Position Allowance (ITJU). Note: In line with Government’s decision as per announced in the 2017 Budget Speech, LPPSA (Lembaga Pembiayaan Perumahan Sektor Awam) eligibility will take into account both basic salary and fixed allowances as per indicated in the table above, effective 1 January 2017. For further enquiries, please contact LPPSA at 03-88801600 or via www.lppsa.gov.my Source from : https://www.lppsa.gov.my/v1/images/berita/658-0.pdf
SALARY EARNER/COMMISSIONER
NRIC Photocopy 3-6 Months Salary Slip (Latest) 3-6 Months Bank Statement Slip (Latest) Latest Whole Year EPF Statement
EA Form, BE Form with Tax Receipt (Latest) Other Additional Income with Proof (Rental Agreement, Bonus, Commission) with Bank Statement (6 Months) (Latest)
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SELF-EMPLOYED (SOLE PROPRIETOR/ SDN. BHD. / BHD.)
Identification Document of the Company Owner(s)
EMPLOYEES PROVIDENT FUND (EPF) WITHDRAWAL PROCEDURE Application Eligibility 1) Member is a Malaysian citizen or non-Malaysian. 2) Has not reached age 55 at the time the EPF receives member’s application; AND 3) Has at least RM500 in Account 2.
ACCOUNT 1
ACCOUNT 2
% of distribution from monthly contribution
70%
30%
Purpose of Account
Saving for retirement. This saving cannot withdrawn before you attain the age of 55 years old.
1. To own a house. 2. To finance you and your children’s education. 3. For medical expenses. 4. Upon attaining age of 50 years old.
Note: The original Sales and Purchase Agreement, Letter of Loan Approval from your end financier and your original Identification Card have to be sighted by the EPF officials.
Source from : https://www.seripajam.com.my/buyer-guides
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A RE YOU F U LLY ACCOUN T IN G FOR E V E RY T H IN G B E FOR E P U RC H AS I NG A HOM E ? A. DOWN PAYMENT
10% of the total purchase price OR the difference between the loan amount and purchase price for 1st and 2nd houses. Minimum of 30% of the total purchase price for 3rd house onwards.
B. COST RELATED TO SALES AND PURCHASE AGREEMENT Legal Fees + Stamp Duty
+ Disbursement
C. COST RELATED TO LOAN AGREEMENT Legal Fees + Stamp Duty
+ Disbursement
i) Legal Fees
Purchase Price
First RM500,000 Next RM500,000 Next RM2,000,000 Next RM2,000,000 Next RM2,500,000 ii) Stamp Duty
Charges
1.0% (subject to a minimum fee of RM500) 0.80% 0.70% 0.60% 0.50%
Purchase Price
RM100,001 - RM500,000 RM500,001 - RM1,000,00 RM1,000,001 and above
Charges
2% 3% 4%
i) Legal Fees Similar to the Sales and Purchase Agreement Legal Fees ii) Stamp Duty
Loan Amount
Charges
Total Loan Amount
0.500%
Starting 2019, first-time home buyers purchasing residential properties priced up to RM300,00, stamp duty will be exempted up to RM300,000 on sale and purchase agreements as well as loan agreements for two years until 31 December 2020. Full exemption will be given to those whose first homes cost between RM300,001 and RM1 million and are bought direct from developers, between 1 January 2019 and 30 June 2019.
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LOAN CALCULATION PRODUCT
:
SPA PRICE
:
RM
RM
LOAN (
:
RM
RM
DIFFERENTIAL SUM
:
RM
RM
(A) PACKAGE
:
RM
RM
DOWN PAYMENT
:
RM
RM
EPF
:
RM
RM
SAVING
:
RM
RM
EASY PAYMENT SCHEME
:
RM
RM
:
RM
RM
%)
(ACCOUNT 2)
(12 MONTHS, 0% INTEREST)
CREDIT CARD (36 MONTHS, 0% INTEREST)
YEARS
%
MONTHLY INSTALMENT
:
RM
RM
(B) MOT SAVINGS
:
RM
RM
(C) SPA (LEGAL FEE) SAVINGS
:
RM
RM
TOTAL SAVINGS ( A+B+C)
:
RM
RM
# The above calculation is estimation only. # Monthly instalment may vary according to the interest rate & mortgage package.
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CENGKAM KOTA SDN BHD (Company No. :818199-X) Sales Gallery : No. 7, Nusa Intan 2/1 Taman Nusa Intan, 70400 Seremban, N.S.D.K.
06 678 2988
The information contained herein is subject to change without notification as may be required by the relevant authorities or recommended by the Architects or Engineer and cannot form part of an offer or contract. All renderings are artist’s impression only. All measurements are approximate. Whilst every reasonable care has been taken in providing this information, the developer, owner and managers cannot be held responsible for any inaccuracy. All the above items are subject to variations, modifications and substitutions as may be required by the Authorities or recommended by the Architects or Engineer.