The reason why i am interested in HLB is to apply and see what benefit they can give extra..Each bank offer their benefit differently

Hi all reader and forumer
I been reading this forum since the day the property launch
and being reading till now
FYI, i bought a unit, M type
I read a lot from this forum
some is confusing
some giving more vague info...
to be frank, my loan approved with -1.80% with OCBC
and I did sign S&P yesterday
the S&P did come with layout plan!@

just came back from signed s&p and loan offered.
got -1.85% with uob.
yes, s&p come with detailed layout plans.
2 car parks number is specified too.
interest payment during construction in 3 yrs time is specified. repayment after construction for 18 months is specified as well. but we must get all done (got loan approved, signed s&p, paid 10% of our property) to eligible for the mentioned promotion package.

haha... now almost the due date to sign s&p, can see a lot newbie account turn up in a sudden, most probably purposely create new account to contribute in this property and yes me too. been long in lowyat.net but purposely create this account for this property

bro.. UOB told you the MRTA can purchase separately with one of their insurance panel which you can get back some money after matured? If no, kick his/her ass.... lol...

he advised me purchase separately e.g. purchase with my life insurance agent indeed.

just came back from signed s&p and loan offered.
got -1.85% with uob.
yes, s&p come with detailed layout plans.
2 car parks number is specified too.
interest payment during construction in 3 yrs time is specified. repayment after construction for 18 months is specified as well. but we must get all done (got loan approved, signed s&p, paid 10% of our property) to eligible for the mentioned promotion package.

haha... now almost the due date to sign s&p, can see a lot newbie account turn up in a sudden, most probably purposely create new account to contribute in this property and yes me too. been long in lowyat.net but purposely create this account for this property

just came back from signed s&p and loan offered.
got -1.85% with uob.
yes, s&p come with detailed layout plans.
2 car parks number is specified too.
interest payment during construction in 3 yrs time is specified. repayment after construction for 18 months is specified as well. but we must get all done (got loan approved, signed s&p, paid 10% of our property) to eligible for the mentioned promotion package.

haha... now almost the due date to sign s&p, can see a lot newbie account turn up in a sudden, most probably purposely create new account to contribute in this property and yes me too. been long in lowyat.net but purposely create this account for this property

Hi 20yrsinsrisentosa

I have not got any offer letter yet, but tomorrow is the due date of signing S&P, can i sign the s&p and the promotion package first?

The reason why i am interested in HLB is to apply and see what benefit they can give extra..Each bank offer their benefit differently

Hi 20yrsinsrisentosa

I have not got any offer letter yet, but tomorrow is the due date of signing S&P, can i sign the s&p and the promotion package first?

Hi 20yrsinsrisentosa

I have not got any offer letter yet, but tomorrow is the due date of signing S&P, can i sign the s&p and the promotion package first?

just came back from signed s&p and loan offered.
got -1.85% with uob.
yes, s&p come with detailed layout plans.
2 car parks number is specified too.
interest payment during construction in 3 yrs time is specified. repayment after construction for 18 months is specified as well. but we must get all done (got loan approved, signed s&p, paid 10% of our property) to eligible for the mentioned promotion package.

haha... now almost the due date to sign s&p, can see a lot newbie account turn up in a sudden, most probably purposely create new account to contribute in this property and yes me too. been long in lowyat.net but purposely create this account for this property

20yrsinsrisentosa,

interest payment during construction in 3 yrs time is specified.

Meaning the developer will bear the interest paid to the bank? If yes, your loan offer letter stated whole tenure -1.85% only? or 3 years free interest?

As I know, once contruction in progress. The bank will release our loan to the developer phase by phase. Mind to tell us how is your bank loan agreement?

Thanks.

i oso jus back fr office there....signed S&P d...home loan oso settle...as wat 20yrsinsrisentosa everything stated in another document..S&P is those standard land law etc etc...

20yrsinsrisentosa, i saw a leng zai and a leng lui when i was there...they oso signing S&P...i think they bought under 2 name...is tat u???

Meaning the developer will bear the interest paid to the bank?
yes
your loan offer letter stated whole tenure -1.85% only?
yes. may i know what should have because maybe i've missed out here.
3 years free interest?
interested applied, but paid by developer instead in this 3 years.
Mind to tell us how is your bank loan agreement?
would you narrow down the question to 1 by 1 for me to answer?

for my UOB loan offer letter stated whole tenure will be -1.85%...hehehe...

i manage to 8 something jus nw...2nd phase going to be launch by march...n price diff is bout 25k...and no more promo as 7.5%/18 months free d....well, i dun think it will selling like hot cake if they take out tis promo package la...

by de way, tis is jus rumous which is unconfirm...

Ic... that's mean buyer are safe for the first 3 years interest free since the agreement stated.

I start to concern when SC told me their rate is 0% (yr 1), BLR-1.85% (yr 2 to thereafter) meaning the developer will save interest on the 1st year? 

In your case, the developer have to bear the interest from the first dispersement.

Thanks for the info.

for my UOB loan offer letter stated whole tenure will be -1.85%...hehehe...

i manage to 8 something jus nw...2nd phase going to be launch by march...n price diff is bout 25k...and no more promo as 7.5%/18 months free d....well, i dun think it will selling like hot cake if they take out tis promo package la...

by de way, tis is jus rumous which is unconfirm...

if it is truth, phase 1 has 2 towers, phase 2 has 3 towers (a tower more than phase 1), the developer no only earn back the promotion to phase 1 buyer, got additonal money in  their pocket too. but the 3 towers in phase 2 have to be all sold out la

First batch always have extra privilege and free gifts.... because we have the most risky compare to 2nd batch buyer. More risk more gain ma.... 

ya... if both 7.5% rebate and free interest taking out.... phase 2 gonna be slow... People will think not worth it although the selling price still reasonable.

---

Added on December 23, 2009, 5:11 pm
you're make sense... if so the developer should push/advice/recommend us take sc loan wat... wondering what's the logic behind...

Just confirm from HLB, they are not the project bank panel. They only give 1st year free interest.

---

Added on December 23, 2009, 2:28 pm

You can sign the S&P and the consequences will be as per Schedule H - 5.3 LOAN and 5.4.

If you don't have the S&P then let me know. I type it out here.

for my UOB loan offer letter stated whole tenure will be -1.85%...hehehe...

i manage to 8 something jus nw...2nd phase going to be launch by march...n price diff is bout 25k...and no more promo as 7.5%/18 months free d....well, i dun think it will selling like hot cake if they take out tis promo package la...

by de way, tis is jus rumous which is unconfirm...

Again i heard different answer from developer... Anyway, the Peter's daughter told me all the promotion will follow the same giving for phase-2(3 towers). except starting prices will increase 10% !!!

congrats for all the buyers...  also there are many registers for phase-2 already. i think will sell like hot cake again for the next launch.

Again i heard different answer from developer... Anyway, the Peter's daughter told me all the promotion will follow the same giving for phase-2(3 towers). except starting prices will increase 10% !!!

congrats for all the buyers...  also there are many registers for phase-2 already. i think will sell like hot cake again for the next launch.