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New launch properties are residential or commercial developments sold directly by the developer before or during construction. They typically offer early-bird pricing, flexible payment schemes, and modern designs.
To purchase a new launch property, you select a unit, sign a booking form and pay the booking fee, then proceed with the Sale and Purchase Agreement (SPA) within the stipulated period. IQI agents guide you through every step including loan application.
A progressive payment scheme means you pay in stages as construction milestones are completed, rather than the full amount upfront. This is the standard payment method for under-construction properties in Malaysia.
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