Its true, if our unit is smaller than the size in the agreement then they have to compensate us according to the formula in the S&P which is (i cant remember how much per square feet - have to check the schedule in the S&P) and if there is any excess or extra spaces more than the size of ur unit then v dun have to pay anything for it.

There's no waaayyy carpark space is to be considered in our build-up area ......

If I can remember correctly, that's a +- of 2% of the total build up. I actually asked the lawyer, who's gonna measure and make sure that the build up is as per in SNP? The lawyer told me the government agency (dunno which one) will measure first, before they release the Certificate of Completion to the developer...

By the way, the compensation is based on our purchasing price on the unit, but not the market value by then

Congratulation all of us for moving into our beautiful "New House"

Eugene, since u are the "landlord", when are u going to belanja us the "yup fore" wine?

paul5005:... not a malay tho..indian muslim..so Indian la...

yup....seems that all are excited..its my first home ..hopefully it completes on time..n all the lrt facilities promised..these facilities plays a big role in ppl who r opt to stay in zest..esp me.. .. its fun to have good neighbors tho..anyone in block A ..holler me..

Well it will be a great place to build a nest in the zest if the developers deliver what they promise.. GAMBATE!!!!!

Hey all zesters,

Nice to meet you guys again.

I have a few questions regarding to the housing loan.

1) I got offers from bank and plan to sell off the apartment after 10 years.

i) ZEC BLR-2.2% whole tenure, 5 years lock-in
ii) NZEC BLR-2.4% whole tenure, 5 years lock in

Which one is better for my case?

2) The bank agent said that the installment can be paid once the full loan are released from bank upon the completion of Zest. So that meant I have to wait for 2 years + then only can start paying the loan although I am prepared to bear the monthly installment now. So I wonder if this is good for me? Agent said I can use the cash in somewhere else for the first 2 years until the completion of Zest.

Please advise.

Thank you.

This post has been edited by startnow11: Aug 14 2009, 03:45 PM

eugene jk

Omg...this new house already very warm..

By the way, when's the showroom launching ah? Waited for so many months....

hihi... which block is ur unit ????

Hey all zesters,

Nice to meet you guys again.

I have a few questions regarding to the housing loan.

1) I got offers from bank and plan to sell off the apartment after 10 years.

i) ZEC BLR-2.2% whole tenure, 5 years lock-in
ii) NZEC BLR-2.4% whole tenure, 5 years lock in

Which one is better for my case?


[/quote]

Option 2 will definitely much more better caused u save a lot of interest. ZEC is only ideal for those who are short of fund to pay the legal fee presently.


Most of the bank will allow u to pay the instalment amount before the full loan is released. Double check your letter of offer.

btw... i just called SA about my referral fee.. she told me the show unit is done, still got some minor patch up to do (but dunno what is that)..

However, was told by SA today block A still got 7 units.. plenty more purchasers on waiting list waiting for more desirable units to be released.. Once other units release due to loan issue, buyers from waiting list have to pay booking ASAP, agent cannot reserve for them until they pay up.. 1st come 1st serve basis... now agents are fighting each other for sales and buyers are fighting each other for release units... fuyoh..

This post has been edited by eugene jk: Aug 14 2009, 04:01 PM

Very "Keng" eh

Hi Eugene,

I booked a unit in Tower A.




Not really. I had double checked with UOB agent and specifically talk about this issue and they acknowledged that and mentioned it is not negotiable because this is the normal practice of UOB for under construction property.

This post has been edited by startnow11: Aug 14 2009, 04:46 PM

7 units left and a waiting list for last-minute give-up units?

This really sounds fuyooh to me!

This post has been edited by kimhoong: Aug 14 2009, 04:52 PM

walau, 1 day only and already 3 pages.

Hi everyone. Bought a unit on block A.

Glad to be here.

I property status Zest are project of the months

Lucky me. jus in time. i think my unit is ok. i like a lot. it facing hill.

Welcome abroad to Zest family.

anybody interested to buy my unit...block b type d 7th floor since the waiting list is so long

you can release it back to developer if you have not sign your SnP.. other wise, if you had sign ur SnP, have to wait until obtaining vacant possesion (VP), maybe 2012

hehe...I don't think he will sell it cheap =D But a few thousands more to cover his emotional loss

Also if he release it back to developer, might not be able to get back his RM 3000. Which is a big loss to him

Anyway good luck