har....PBB offer BLR - 1.9%? i better check with them tomorrow, i am still waiting for PBB.

Example:

30 years = 3k MRTA fees.

If cancel after 5 years, will refund 2.5k.

Of course the real calculation may vary. It's just a simple one.

MLTA better because you can get back ALL you paid after matured plus earn interest from the insurance company. You can also opt for montly/yearly repayment for MLTA.

MRTA cannot transfer from 1 perperty to another.

MLTA can transfer as long as the property have your name.

i think there's a discussion on MRTA and MLTA in this forum. All i can say is it really depend on individual needs.

I just called up banker and per them the calculation is very complex and they have no standard calculation can share with me. Per them the surrender value back to me will not be high.

Do agree with that but when i go around that area, i don't see any opportunity for Peter to develop anymore on that area since there is no more land to do so. What i hope is that the shophouse will get more occupancy after 1120PA and the hypermarket build as promise and i believe that is the only method that can push up PJS value. Welcome more comment on this since i am quite noob on PJS area.

Yes. MLTA is something like life insurance which most of us already have one or two.

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Added on January 4, 2010, 5:32 pmwhich hypermarket?

This post has been edited by cheraspeople: Jan 4 2010, 05:32 PM

Is just opposite 1120PA as what the SA told me. I have double confirm and look around that area as well and i saw the notice board stating on the proposal to build a hypermarket over there. I assume this hypermarket is belong to Peter as well.

My insurance agent told me can get back 100% plus interest. AIA.

This post has been edited by king4891: Jan 4 2010, 05:46 PM

i dont think so belong to peter...they might lease it to someone guar

Hopefully able to attract Tesco Extra... If not, Giant also not bad....

Wondering what will happen to Bintang, Checkers and chinese herbal supermarkets there then...

Maybe The Store... But most probably is Tesco Extra and Giant.... but the area size might not good for those 2. Location are good.

This post has been edited by king4891: Jan 4 2010, 05:54 PM

That land quite small for hypermarket like Tesco and Giant isnt?

Yes, the cost will be very high if build more levels. Giant always surprise people which open 2 hyper within 10-15KM.

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Added on January 4, 2010, 6:14 pmBut not really open on the land la... maybe some other place between midvalley and sunway.

Anyone know midvalley and sunway got Giant and Tesco?

This post has been edited by king4891: Jan 4 2010, 06:14 PM

MV got carefour ma....sunway got giant rite???

after bz for whole day, nw onli got time follow back on this thread...

i did apply for PBB as well...PBB SA told will submit for me -1.9%...but end up only approve for -1.8%...WTH...all the bank i apply including PBB, SC, UOB get back to me within 4 working days...consider quit fast d la...

when phase 2 launching???price wise le???today i went TBK to sign de loan aggrement..paid 3k++ for lawyer fee n etc etc...nw waiitng for my EPF withdrawal...jus check kwsp website, still dalam process...

U pay by cash to the lawyer?Did u ask for 30% discount?

i guess you dont take zmc aren't you?

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Added on January 4, 2010, 7:34 pmyup2 how long till the offer letter came out

This post has been edited by AbangCorp: Jan 4 2010, 07:34 PM

can get 30% discount meh if pay legal fees ourselves?

i heard from ocbc
seems they give quite good rate

legal fees for loan agreement can got 20% off for new property
that is for some bank, need to check urself
tell me if this is true

but i believe we need to negotiate with lawyer and has nothing to do with which banks that we intend to secure the loan rite?