1. RM2 Subscription
Bidje.com RM2 Monthly Subscription
Bidje.com currently offers a paid subscription at:
RM2.00 per month
The RM2 payment is a digital subscription fee. Depending on the property and information available, subscribers may receive access to:
- Full property addresses;
- Property locations;
- Additional property information;
- Subscriber-only listing information;
- Additional search or platform functionality; and
- Other premium features introduced by Bidje.com.
The RM2 subscription is not:
- An earnest deposit;
- A property booking deposit;
- A property purchase payment;
- Part of a property purchase price;
- A guarantee that a property is available;
- A guarantee that an Offer to Purchase will be accepted; or
- A guarantee that the subscriber will successfully purchase a property.
Subscription Renewal
Where recurring payment is enabled, the subscription may automatically renew at the end of each billing cycle until cancelled. The subscription amount will be displayed before the user completes payment.
Bidje.com may change subscription pricing in the future. Where required, material pricing changes affecting existing recurring subscriptions will be communicated before the revised pricing becomes applicable.
2. RM500 Initial Earnest Deposit
Initial RM500 Earnest Deposit
A purchaser who wishes to proceed with an eligible property may be required to pay:
RM500.00
as an Initial Earnest Deposit. The RM500 shall be paid to and initially held by:
YSBRNV Consultant & Management Sdn. Bhd.
The purchaser acknowledges that:
- The RM500 is connected to the selected property transaction.
- The RM500 is intended to form part of the purchaser's payment towards the property transaction.
- The RM500 is not an additional RM500 platform charge imposed on the purchaser.
- Its refundability depends upon the purchase method selected and applicable transaction documentation.
- Payment of RM500 does not constitute transfer of ownership.
Treatment of the RM500 as Part of Purchase Price
Where the relevant property transaction proceeds successfully, the purchaser shall receive recognition of the RM500 as part of the amount paid towards the property transaction.
- Example:
- Purchase Price: RM200,000
- RM500 Initial Earnest Deposit paid
The RM500 shall be taken into account as money already paid by the purchaser towards the transaction, subject to the applicable transaction accounting and documentation. The purchaser is therefore not charged the RM500 as an additional fee on top of the agreed purchase price.
3. Cash Purchase
Where the purchaser selects Cash Purchase, the following general payment structure shall apply:
10.1 Initial RM500
The purchaser pays RM500 to YSBRNV Consultant & Management Sdn. Bhd. as the initial earnest deposit.
10.2 Remaining Earnest Deposit
Any balance earnest deposit required for the transaction shall subsequently be paid to the appointed solicitor in accordance with the Offer to Purchase and/or SPA.
10.3 Signing of SPA
The purchaser and vendor shall enter into the applicable Sale and Purchase Agreement (“SPA”).
10.4 Balance Purchase Price
The remaining balance purchase price shall be paid to the appointed solicitor in accordance with the completion period and payment provisions specified in the SPA.
10.5 Completion
The purchaser is responsible for completing payment within:
- The completion period stated in the SPA; and
- Any extended completion period expressly provided by the SPA.
10.6 Failure to Complete
If the purchaser fails to pay the balance purchase price within the period specified in the SPA, including any agreed extension, the purchaser may be treated as being in default.
LEGAL CONTEXT: Subject to the SPA and applicable law, the RM500 and applicable earnest deposit may be forfeited and become non-refundable. The SPA shall govern any further consequences of purchaser default. Malaysian Bar guidance explains that in a typical sub-sale SPA, failure by a purchaser to pay the balance purchase price by the stipulated completion or extended date can entitle the vendor to forfeit the deposit, subject to the actual SPA terms.
4. Loan Purchase
Where the purchaser selects Loan / Bank Financing, the following general payment structure applies:
11.1 Initial RM500
The purchaser pays RM500 to YSBRNV Consultant & Management Sdn. Bhd. as the initial earnest deposit.
11.2 Remaining Earnest Deposit
The purchaser shall pay the applicable balance earnest deposit to the appointed solicitor after twenty-one (21) working days, subject to the exact payment timetable stated in the Offer to Purchase or transaction documentation.
11.3 Bank Financing
The purchaser shall apply for financing from a bank or financial institution. The balance purchase price will ordinarily be settled through:
- Approved bank financing; and
- Any purchaser's own funds required to make up the difference between financing obtained and the total purchase price.
11.4 Purchaser's Responsibility
The purchaser is responsible for:
- Assessing his or her financial eligibility;
- Applying for financing promptly;
- Providing complete and accurate documentation;
- Cooperating with the bank;
- Responding to bank requests;
- Cooperating with the appointed solicitor; and
- Taking reasonable steps to obtain financing.
11.5 No Guarantee of Loan Approval
Neither Bidje.com, YSBRNV nor Vigor Properties guarantees that financing will be approved. The financing decision is solely made by the relevant bank or financial institution.
11.6 Loan Rejection
The purchaser expressly acknowledges that the RM500 Initial Earnest Deposit is non-refundable and may be forfeited if the purchaser's loan application is unsuccessful, provided this condition has been expressly disclosed in and accepted under the applicable Offer to Purchase/payment terms. This risk must be accepted by the purchaser before payment.
11.7 Other Earnest Deposit
If the purchaser has subsequently paid additional earnest deposit to the appointed solicitor, the treatment of such amount shall be determined according to:
- The Offer to Purchase;
- SPA;
- Solicitor stakeholder terms; and
- Other applicable transaction documentation.
5. Joint Venture
Certain properties may be offered under a Joint Venture (“JV”) purchase arrangement. Available JV completion periods may include:
- 6 months
- 12 months
- 18 months
The applicable period shall be expressly stated before the purchaser enters into the JV.
Joint Venture Initial Payment
The purchaser / JV participant pays RM500 to YSBRNV Consultant & Management Sdn. Bhd. as the initial earnest deposit. The RM500 is subject to the applicable Offer to Purchase and Joint Venture Agreement.
Joint Venture Remaining Earnest Deposit
The balance earnest deposit shall be paid to the appointed solicitor according to the timetable contained in the relevant Offer to Purchase and/or Joint Venture Agreement.
Joint Venture Balance Purchase Price
The balance purchase price shall be paid to the appointed solicitor within the agreed JV transaction period of 6 months, 12 months, or 18 months. The exact completion deadline shall be specified in the Joint Venture Agreement.
6. Payment Summary
| Payment | Amount | Customer Pays To | Purpose | | :--- | :--- | :--- | :--- | | Bidje.com Subscription | RM2/month | YSBRNV / Bidje.com | Subscriber-only digital platform access | | Initial Earnest Deposit | RM500 | YSBRNV | Initial earnest deposit towards selected property transaction | | Remaining Earnest Deposit – Cash | As stated in transaction | Appointed solicitor | Additional deposit for Cash Purchase | | Remaining Earnest Deposit – Loan | As stated in transaction | Appointed solicitor | Payable after 21 working days, subject to transaction terms | | Remaining Earnest Deposit – JV | As stated in JV Agreement | Appointed solicitor | Additional deposit according to JV terms | | Balance Price – Cash | Balance amount | Appointed solicitor | Settlement according to SPA | | Balance Price – Loan | Balance amount | Appointed solicitor/vendor via financing process | Primarily settled through approved bank financing | | Balance Price – JV | Balance amount | Appointed solicitor | Settlement over agreed 6/12/18-month period |
Note on Internal Arrangements: Vigor Properties Sdn. Bhd. → RM500 per successful qualifying transaction → YSBRNV Consultant & Management Sdn. Bhd. This is a service-fee arrangement between the two companies and is not an additional RM500 charge to the purchaser.