Buying Guide

From viewing, to keys in hand.

A simple guide to understanding the new home buying process, preparing the costs required, and avoiding costly mistakes before making a decision.

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01 — The buying process

Six steps toward your home.

Buying a home doesn't start with a booking. It starts with understanding your true affordability and choosing a project that fits your life.

01
Know your numbers

Check your financial capacity

Calculate your net income, monthly commitments, and the cash you're comfortable setting aside. Don't treat your maximum loan eligibility as your maximum budget.

Net income Commitments Emergency savings
02
Check first

Check loan eligibility

Do an early check with your income documents and commitment records. This helps you focus on projects within a more realistic range.

CCRIS / CTOS DSR Financing margin
03
Don't choose for looks alone

Compare projects & locations

Compare access, density, maintenance fees, actual layout, developer reputation, and surrounding development — not just the show unit.

Location Developer Layout
04
Choose carefully

Select your unit & book

Check orientation, floor level, view, parking, net price, and booking terms. Make sure the refund policy is stated clearly in writing.

Net price Booking terms Unit selection
05
Read before signing

Loan agreement & SPA

Understand the financing rate, lock-in period, penalties, and key terms in the SPA. Ask a lawyer or bank officer if any clause is unclear.

SPA Loan agreement Legal review
06
Almost there

Waiting for completion & key handover

Monitor progressive billing, construction progress, and vacant possession notices. After receiving the keys, do a defect inspection before the liability period ends.

Progress billing Vacant possession Defect check
02 — Cost of buying

The house price isn't the only cost.

Many buyers focus on monthly installments but overlook the cash needed before and after receiving the keys.

01
🧾

Booking deposit

Amount depends on the project, payment structure, and current developer promotions.

02
⚖️

Legal fees

Includes SPA documentation, loan agreement, and related disbursements.

03
🏷️

Stamp duty

May involve transfer of ownership, financing agreements, and specific documents.

04
🛡️

Insurance / takaful

Financing protection such as MRTA or MLTA depending on your bank package.

05
🏢

Maintenance & sinking fund

Monthly or advance payments for building management and upkeep.

06
🛋️

Renovation & furnishing

Cost of cabinets, lighting, curtains, furniture, utilities, and move-in essentials.

Cashflow tipKeep an extra buffer and don't use all your savings for the purchase process. Even a new home can come with unexpected costs.
03 — Avoid these mistakes

Small mistakes, years of consequences.

Click each mistake to see the safer step before making your decision.

01

Choosing for the biggest rebate

A higher rebate doesn't always mean the best value. +
Safer step: Compare net price, price per square foot, location, specifications, and long-term ownership costs.
02

Using your maximum bank eligibility

Approval doesn't mean the installment is comfortable for your cashflow. +
Safer step: Use a budget that still leaves room for savings, emergencies, family, and financing rate changes.
03

Not checking the maintenance fee

Your real monthly commitment is more than just the bank installment. +
Safer step: Include maintenance fees, sinking funds, taxes, and insurance in your monthly commitment estimate.
04

Getting swept up by the show unit

Show units may use finishes and illusions of extra space. +
Safer step: Check the floor plan, actual dimensions, standard specifications, and the unit's position within the building.
05

Not understanding promotion terms

Some promotions have terms, dates, or eligibility conditions. +
Safer step: Get a price breakdown and all terms in writing before making payment.
06

Not preparing move-in funds

A completed home isn't always immediately livable. +
Safer step: Set aside a separate budget for basic renovation, furniture, utility deposits, defect inspection, and moving costs.
Buyer advice

Still unsure which project fits your budget?

Share your budget, preferred location, and purchase goal. We'll help check your initial eligibility and compare new projects that better suit you — with no advisory fee.

Start a WhatsApp chat →
✓ Initial check ✓ Project suggestions ✓ No advisory fee

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