Owning A Dream Home
Registration & Selecting
Visit our office to fill up the registration form and select your preferred unit. Selection of units will be base on availability and first come, first served basis.
Issuing Offer Letter
After selecting the unit, you will be issued an offer letter and receipt for initial 10% down payment. The letter contains information of the property that you have purchased.
Execution of Sales & Purchase Agreement (S&P)
Execution of the S&P must be done at our appointed solicitor’s office upon settlement of 10% down payment within 14 days from the date of confirmation of sale.
Application for Loan & EPF Withdrawal
Assistance will be given in the application for a house loan from our panel of end-financiers. Below are documents required for loan application:
A) If applicants are employed:-
- Photocopy of Identity card;
- Latest 3 months salary slip;
- Latest 3 months copy of salary crediting account statement;
- Latest EPF statement;
- Latest BE/EA form;
- Employment letter;
- Booking receipt.
B) If applicants are self-employed:-
- Photocopy of Identity card;
- Borang A & D for Sole Proprietor & partnership;
- Form 24 & 49 for private limited company;
- Borang B and Tax payment receipt;
- Latest 6 months current account statement;
- Booking receipt.
EPF members, who would like to make withdrawal from your EPF account, please obtain the necessary forms from the EPF Office or download it at http://www.kwsp.gov.my . Below is the procedure for EPF withdrawal:
1. Obtain EPF Withdrawal Form.
2. Submit the completed EPF Withdrawal Form together with a photocopy of the followings :-
- Identification Card / Mykad / Military Identification Card / Permanent Resident Identification Card / Police Identification card / Passport.
- Particulars / Statement on your bank account which is the appointed panel bank by EPF.
- Sale and Purchase Agreement (Certified True Copy).
- Letter Offer from End-Financier.
3. All original for the above mentioned must be presented to the EPF Officer for verification purpose.
You may visit this link www.kwsp.gov.my for more accurate & extensive information due to these terms & conditions are regularly updated.
Letter of Offer On Loan
Upon approval of your loan, an offer letter will be issued by end-financier of which be accepted and acknowledged by you within 14 days. Please be advised that you shall settle the difference between the purchase price in accordance with the Third Schedule of The Sale & Purchase Agreement and the loan amount.
Letter of Instruction to Execute the Loan Documents at Solicitor's Office
The solicitor will be instructed by the end-financier to prepare the loan documents for the purchaser's execution. In the issuance of a separate title the property will be charged to the end-financier as a security for the loan. If this is not the case, the property will be assigned to the end-financier by way of deed of assignment of the SPA.
Registration of Documents
In the issuance of a separate title, the end-financier's solicitor will normally present the Memorandum of Transfer in favour of the purchaser and the charge in favour of the end-financier registration at the relevant Land Office. Where a separate title has been issued, the end-financier will keep the original SPA and the original Loan Agreement and Assignment as security for the loan
Release of Progress Payment
Once the loan documents have been completed, the end-financier's solicitor will advise the end-financiers to release the outstanding progress payments to us in accordance with the Architect's Certificate issued upon completion of each stage of construction.
Billing will be done progressively either to you or the end-financier as and when the Architect's Certificates are issued upon completion of each stage of construction as per the Third Schedule of the Housing Development Act. Pay the differential sum. The bank then releases the progress payment. If you are a cash purchaser, you will be billed directly.
Final Billing and Handing Over of Vacant Possession
Upon completion, VP of the said property can be delivered to you. You have deemed to have taken delivery of the said parcel upon expiry of 14 days from the date of VP letter
Collection of Keys / Clearance Letter
We will issue a Release Letter authorising our LLC Personnel to release the keys to you upon full settlement of any outstanding payment.
A joint inspection will be arranged between you and our LLC Group Personnel / appointed Property Management so as to ensure that all specifications as per the Sale and Purchase Agreement are provided for and also to identify any defects or complaints. All complaints should be in writing and will be attended to by our Implementation Section throughout the twenty-four (24) months defects liability period. Any defects apparent during this period not arising from your own actions will be rectified by our Implementation Scheme and these written complaints will be attended to on a first come first serve basis.