selling off the apartment after 10yrs makes no difference to the lock in period as both also would not be able to lock you in. use the online calculator to check how much difference if you opt for NZEC.
then you can decide whether it is worth go for NZEC or ZEC or whether you want to cough out the funds upfront.
if you prepared to pay the monthly installment now, then go for those flexi-loan type. whatever excess fund will knock off the principal.

i think those flexi loan interest rate is higher right? i just looking for best rate...

wow~ wow~ Zest v2!
only left 5 unit at Block A!

i think by next week no more left liao

for flexi loan, the interest is not any higher, just that there is a monthly account maintenance fee. if you use it as your "salary" account, you end up paying much lesser amount of interest.

Hi All, just bought a unit in Blk A. Bank processing loan now, still dunno outcome. Is it true that if have to release back to DD... there is no refund of deposit? Very worried now... coz dunno can get loan or not.

deposit is 100% refundable, no worries.

The agent told me that the deposit is only refundable if the loan is not approved. Would not be refundable if you quit buying the unit.


One quick question, I got this offer from bank.

1) Whole tenure 30 years, 90% loan, Bi-weekly payment, lock in period 5 years, MRTA not required, NZEC BLR-2.4% or ZEC BLR-2.2%

The thing bothered me most is I can only start paying the monthly installment upon full release of the housing loan. Which meant I can only start paying the monthly installment after 2 years + , early year 2012.

Although the rate is good but I couldn't save much for the interest charges before the Zest project is completed. Anyone experienced this kind of situtation before? Mind to share about the pros and cons.

Thank you.

This post has been edited by julia82: Aug 15 2009, 10:41 AM

guad morning all zesters huhuhuhuhu

you can always save up the monthly installment where you want to start saving now. when loan is fully disburse, make a lump sum repayment to reduce your principal amount. this way, you could also save on the interest.

Hmm, it seems like the 'Korean en-bloc' is a gimmick eh??

Anyone started to pay their interest/installment to the bank already? I haven't received any letters/news from either the developer or bank yet.

Hi HI... Me reporting in as well....

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Added on August 15, 2009, 8:04 pmActually the developer already request money from bank regarding for our car park construction. However, I still haven't receive a bank statement for my first prepayment yet...

This post has been edited by ukuan: Aug 15 2009, 08:04 PM

gimmick or not, The Zest still sold out!

This post has been edited by brutus: Aug 15 2009, 08:52 PM

wah lau can greet here lagi......I think we shouldn't spam...lets stick in real content....I got my unit on end of March...this month started to pay edi.....

don scold ma la... just want to berkawan kawan nia. u got ur statement liao hor? can start paying liao? i only got the letter that the bank had released the 10% but they did not ask me to pay yet huhu.

dont worry, that will soon follow by a statement monthly informing you how much need to pay.

Means the last 5 units oledi taken up also?

Don't think so. Was there to sign my S&P yesterday and saw around 7 units left. 1 at the ground floor with private garden, 3 low floors where the sides are west facing units and around 3 units on the high floors.

This post has been edited by normaldude: Aug 16 2009, 12:12 PM

I got mine end of May and paid the 10% already. Hmm, hopefully, there won't be any delay by them, resulting in paying 'unnecessary' penalty/interest installment now.