UNICITY, Seremban 3

 

Brand new project UNIcity @ Seremban beside UiTM ( Perfect location )
Entertainment, work, shop, food and beverage, lifestyle, relax and many others all in one. Mix development retail lot and service suite with 6% assurance rental return for 6 years. Within assurance period, electric bill, water bill, maintenance fee will be bear by developer.

- Commercial title- Freehold
- Guarantee Income (students accommodation)
- Rental Assurance 36%
- Changing population shortage of recreation in
Seremban
- High speed rail destination
- Close proximity to Kajang-Seremban Highway
- Fashion mall that cater for the university
students and the surrounding neighbor hoods.

- Famous developer

Retail:
Total lot: 450
Size: 75-1668 SF
Price starting from 118K

Package:
- Free SPA legal fee and disbursement
- 15% discount for early bird
- Free 2 years maintenance fee upon vacant possession
- 6 years rental assurance with 6% base on SPA price per annual

New launched Service Suites for sale. Located next to the largest University campus in Seremban 3, Unicity benefits from the ready catchment of a matured neighbourhood, marking this the ideal investment with steady returns. Following yearly intakes from the university, the hotel suites will be highly sought-after by students who are seeking for residence with conveniences and security. This will secure retail yields for a long run.There are multiple convenient facilities installed within Unicity to complement an integrated envirionment for learning.
Service suite:
Total lot: 250
Size: 350 and 507 SF
Price starting from 198K
Fully furnished (worth 15K)

Service suite facilities:
1) Lap Pool
2) Gym room with Boxing Ring
3) Reading room
4) Basketball Court
5) Games room
6) Futsal Court
7) Launderette Studio Type

Details please call JEFF CHIN, 012-2616 494
 

MRTA Vs MLTA: Which Do You Need?

Buying a home is a huge commitment and will take the average homeowner up to 35 years to fully repay. Providing a home for your dependent is a good thing, but if the home loan is not settled in full, it can turn into a burden for your loved ones in the event of death or total permanent disability (TPD).
It is with these unfortunate circumstances in mind that most mortgage officers offer mortgage life insurance policy to home buyers. In the event of death or TPD, the policy frees the borrower’s dependents from any debt as it is designed to pay off the remaining debt on repayment mortgages.
Just like any other life insurance policy, you need to pay a set amount of premium for a mortgage life insurance policy. If you pass away while the policy is in effect, the insurance company pays off your mortgage. Your spouse or beneficiaries can then live in the house debt-free without having to worry about making any mortgage payments.
Which mortgage life insurance do I need?

In Malaysia, there are two types of mortgage life insurance available – Mortgage Reducing Term Assurance (MRTA) or Mortgage Decreasing Term Assurance (MDTA) and Mortgage Level Term Assurance (MLTA).
However, MRTA and MLTA are often misunderstood. Which do you need as a homeowner?

Is it worth having?

Most mortgage officers recommend mortgage life insurance (either MRTA or MLTA) when buying a new home. However, before committing to an insurance policy, it helps to do as much research as you can on the product.
Mortgage life insurance is aimed at providing security to your loved ones from being burdened by home loan repayments if you pass away or are afflicted by permanent disability. However, if you do not have anyone to leave your property to and money is tight, getting a mortgage life insurance may not be your highest priority. For those with dependents however, it’s worth considering.

How much do I need to pay?

How much premium you need to pay for your MRTA or MLTA is subject to your age, loan amount and your loan tenure. The older you are and the higher the loan amount, the higher the premium you will have to pay.
Just like purchasing life or health insurance, if a person is diagnosed with a certain illness, the insurance company has the right to reject the policy or there will be extra loading in the premium. It depends on how severe the illness is and will only be determined after a medical examination by their panel doctors.

* These figures are used as reference as the interest rate will differ from insurer to insurer. 
Understanding what you are purchasing is the crucial in managing your money. If you are unable to pay the premium of MRTA, you can opt to finance the premium into the loan and thus the loan instalment will increase. You will also be paying extra interest as the bank is advancing the money to you to pay the premium.

Money-saving tip!
If your home is refinanced or sold before the loan tenure is over, you can surrender your MRTA policy and claim back the cash surrender value, provided if the evidence of sale is submitted. 

Source:
http://www.imoney.my/articles/mrta-vs-mlta-need/
 

My Seremban Property

Looking for property in Seremban?

Firstly, I am taking this opportunity to thank you for wanting to know more about me and what can I do for you.

I am Jeff Chin, a passionate, reliable and responsible Real Estate Negotiator. I am always ready to provide my professional service to all the valued customers out there whether in renting/buying/leasing/selling properties.
I believe that your property hunting will be a more enjoyable and fruitful process with professional advice and service.
Please feel free to contact me JEFF CHIN @ 012-2616 494.
Thank you. :)