01.   Step to Owning a Home
02.   Private Sector Loan Application
03.   Payment Procedure
04.   Handing Over of Vacant Possession
05.   Joint Inspection
06.   Your Rights as a Purchaser

A panel of bankers have been appointed to provide loans to those who qualify, but the final decision lies with you as you are free to choose any bank/finance company of your choice. The documents required to apply a loan are:-
  • Photocopy of company directors NRIC / Passport
  • Business Registration, M&A, Form 24, Form 49, Form 44 & Form 9
  • A copy of company last 2 years Income Tax Statement, Notice of Assessment, Borang B
  • A copy of last 6 month's company current account statement
Sequence of Loan Processing
  • Submission of loan application form with the necessary documents.
  • Interview by bank/finance company.
  • Letter of Offer upon approval from bank/finance company.
  • The Letter of Offer fully signed by you as acceptance of the offer and returned to the bank/finance company with a copy to the developer.
  • Bank/finance company's letter of instruction to their solicitor to prepare the loan document which may be either:
    • Deed of Assignment and Loan Arrangement (for Strata Units); or
    • Memorandum of Transfer Form 14A and Charge Form (Landed units with individual titles).
  • Letter from bank/finance company advising you to execute loan documents at solicitor's office.
  • Loan documents forwarded to bank/finance company for execution.
  • Loan documents returned to solicitors who will forward to developer for execution of Memorandum of Transfer.
  • Executed loan documents returned to solicitor for stamping and registration. Stamped loan documents forwarded to bank/finance company for safe keeping. A copy each is given to purchaser and developer.
  • Bank/finance company will release payments to developer progressively in accordance to the Third Schedule of the Sale and Purchase Agreement upon receipt of our invoice.