REALTY
For BIZ - Funding/Investment

Seats

 

Rooms

 

Sqft

 5000.0
$100K - $250K
Business type REALTY » Residential » Residential Landed
Location Malaysia » West M'sia - Klang Valley

 

Description
Here comes an opportunity! In case U are considering buying a bungalow at a little cheaper in KL, Malaysia A businessman in KL needs funds to expand his biz using his bungalow as collateral. * He needs RM700k (sgd $200k) & * shall repay in 10-15 mths Loan be secured with a property * in KL (near Tmn OUG) * Freehold, landed * Bungalow * Land/Built 5000sqft * Renovated The property valued RM3.5m * O/stdg Bank Loan RM2.0m * Current asking RM0.5m * Net Value RM2.5m Loan % to Property price * Old-Loan RM2mil 57.1% * Now Ask RM500k 14.2% New total loan will be RM2.5m at 71.4% Loan Terms • To deal legally • Both parties must be safe • Want Low Interest rate Alternate: Lender may buy the bungalow with good price discount from Borrower. Disc is up to RM200-300k All subject to both parties TnC. Pls advise your thoughts. Regards, KESH
Other details

Kesh Muthu
6590099036

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