how come 6 mths interest free?
by end of yr 2013, it's already 3 yrs... no?

dec 2009 - dec 2010 1 year
dec 2010 - dec 2011 1 year
dec 2011 - dec 2012 1 year
dec 2012 - dec 2013 1 year

So construction is 4 years

so the after completion 1.5 years free interest how to count?

unless the dec 2009 - dec 2010 the construction period developer will not get the money from bank then only make sense.

fyi, uob approved my load application and give me -1.85% . mind to share u all one? thanks.

hi 20yrsinsrisentosa, When is your due date to sign s&p.

Try to apply Hong Leong bank.They called me just now and told me they already join as panel for this project.Might can get zero cost and also -2.0 BLR...dunno how true..

nobody from developer side has ever call me to sign s&p... anyone know why?

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Added on December 21, 2009, 4:05 pmjust called to 1120PA sales office at 03-77829988 and they say HLB is not their panel bank... anyone have more info?

This post has been edited by 20yrsinsrisentosa: Dec 21 2009, 04:05 PM

hi 20yrsinsrisentosa, i don't know why, may be if your loan already approve better call them to arrange for s&p signing. If you do later they might say you already disqualify for the 4.5 scheme because you are not sign within 14 days. Because in the letter mention, if not sign within 14 days, they shall deem that you are no longer interested to proceed with the said purchase and they shall have the liberty to sell the said parvel without any further reference from you.

Really crazy..suddenly HLB bank called...now say not their panel bank...

called to them again 5 min ago, been informed that around 100 ppl has signed S&P. this is what i heard from them.

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Added on December 21, 2009, 4:30 pmhave you called to 1120AP to confirm too? if not because of finding this out, i gonna sign the S&P on wednesday...

This post has been edited by 20yrsinsrisentosa: Dec 21 2009, 04:30 PM

the lawyer called me to sign s&p also today.. but my loan haven't approved yet...
just curious why they call us so early?? i made the booking on 13/12/09.. and the due date should be fall on early of january wat... cause that '14days' should excluded PH right?

no, it's better you call them to check your expiry date of signing S&P. i book on 12 dec and they told me my due date to sign it in order to eligible the 4.5 yrs free interested in on 26 dec this saturday.

Within 14days ler...

I called the developer office to ask for clarification (I received similar call from the lawyer yesterday asking me to sign by today) on the 14 days clause. Developer said 14 days is inclusive weekends and Public holiday. I told them what I understand and what I have been told is that 14 days is excluding weekends and PH.

I was angry with various answers given by the developer and raised my voice. The lady then changed her answer and said that I can exclude weekends but not public holiday.

If I signed the S&P today and later my bank loan is rejected, I have to prove to them that minimum 2 banks have rejected my loan - then only I can get 100% refund. If not, I will be penalised with 1%.

I dont know what's the hurry with asking ppl to sign the S&P and pay 10% deposit.

Now I'm seriously beginning to doubt the developer!

ask difference SA from the developer giving me difference answer. some said working days some said no exclude public holiday and weekend.

so i also very confusing now..

anyway, i get the special approval from their manager , i can sign in 14 days excluded public holiday.. ( means by 4 jan and also developer already inform my lawyer)

they didnt mention if i sign after 31dec2009, wherethere i still can get the 4.5 years promotion or not,

i will call to double confirm, my this "special approval" is that entitle to get the promotion..

This post has been edited by aliciaqsp: Dec 21 2009, 04:41 PM

juz got a call from my SA from CIMB..
she said CIMB rejected loan for all application for this project..
Issit true??
Has anybody manage to secure a loan from CIMB?

U better write a formal letter to the developer & lawyer say u need to wait for ur loan approval...at least u got black n white.If anything, ask them to give u black n white as well.

WAH! Umm.. any reason for this? CIMB is this project's panel bank wo....

CIMB knows something bad about this project? umm...

i told 1120AP SA that i would like to wait cimb, then they tell me that no need wait cimb coz they already met quota.

yaya..they accept few customers only..CIMB SA called me the other day...

hi 20yrsinsrisentosa, what do you mean met quota. IS it CIMB also worry about this project , so refuse to receive so many application. I start worry now?