Various types of residential properties are widely being offered by property developers (small, medium and large sized) in the market for first time home buyers. In this case, a newly married couple works for a Malaysian oil and gas company. Both are petroleum engineers and senior executives, hunting for their first property.

1.Please identify an ideal residential property (landed or highrise) based on income bracket below, specifically catered for their need and lifestyle.

*Total salary of RM 10, 000 (RM5,000 each)

*Minimum 10 pages required, excluding the cover pages and reference.

Elements that need to be elaborated and justified;

Table of content

Non - financial aspects - ie location, type, title etc

Pros and cons - ie distance from office etc, facilities and amenities

Potential issues - ie legal perspectives, utility rates etc

Financial aspects - ie downpayments, cost associated, DSR, LTV etc

Loan/financing chosen - ie types, interest rate etc

Conclusion - savings for rainy days, surplus funds for investment etc

Reference

(45 marks)