guys.which bank offer the best deal?
OCBC ke, UOB ke, SC ke, PBB ke or CIMB?
Thanx for sharing

according to broucher i collected, UOB offer best rate is BLR-1.85

20percent appreciation?
One can compare this project with Sri Jati or Zamrud Apartments. The going rental rate there around rm850-rm950.

Was seriously thinking to go for 850sq feet. then decided against it, condos built by peter there, not going up, depreciating, bad condition.
Expected rental cant cover installment as well for this project.

This post has been edited by airline: Dec 13 2009, 09:31 PM

UOB can give -1.85, best rate amongst the other, CIMB giving -1.70 - according to them they can request more higher, SC is -1.8, the lock in period commence when you sign the offer letter, I think the rest is giving -1.8 too.
You can try apply all and see who will giving you the best package.

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Added on December 13, 2009, 11:03 pmHi,

Anyone here is still think of which bank they choose?
I'm trying to bargain with bank to see if any of them can give the best rate, but if i could get more ppl join me i will have more bargain power.
If anyone interested can PM me with your email.


This post has been edited by legolas: Dec 13 2009, 11:03 PM

Just taken some show house photo on saturday.

Show House Image

i bought it for own stay, so nt really considering on appreciation....mayb after 7-10 yrs, can sell it n look for bigger landed property if career is going smooth...

i still don't understand how 4.5 yrs get free and no need to pay installment after 3 yrs property completed on this project. Can anyine explain?

This post has been edited by trextan: Dec 14 2009, 11:06 AM

I asked my developer friend..they said without the notice board n also not yet started piling y have to pay 10%??Now i am kinda worry...

hi..

as i know the S&P need to be sign within 14days.. is that exclude weekend and public holiday ??

or, for 11th december do that booking, need to sign the S&P by 25december ?? (but 25dec is x'mas) @@

yesterday, book one unit 870sqft tower 2. what i understand is that during 3yrs construction stage, developer will serve bank on onterest incurred.

for 18 months after VP, developer will subsidise the loan payment, which total equal to 7.5% of the loan sum.

These will be made as sub-agreement as package offered by developer.

Please correct me if i am wrong. thanks

10% is for Signing of S&P. When piling works completed, you have to pay another 10%(or paid by your bank if you obtain 90% loan).

hope it helps

better you check with the developer...

i still don't understand how 4.5 yrs get free and no need to pay installment after 3 yrs property completed on this project.

this scheme never offered before in malaysia. maybe next time, all developers follow.

sunrise new launch offer something like this

I just call to one of the sales person and ask. During 3 years contruction the installment to Bank not yet start. After 3 year contruction, we start pay the installment to the bank but Developer will refund the $$ back to us.Example: (RM 220,000 * 7.5%) / 18mth as payment back to you as almost what you pay to Bank after 3 yrs.

Then your developer friend tipu you la...

Read Jadual H http://www.hba.org.my/laws/housing_reg/2002/Jadual_H.pdf page 27

1) Apabila Perjanjian ini selesai ditandatangani - 10%
2) kerja-kerja di bawah aras bumi termasuk
menanam cerucuk dan kerja -kerja asas
bagi Bangunan tersebut yang mengandungi
Petak tersebut - 10%

dont scare me la .............. i am seriously thinking ........ em

Hi I was one of the buyer for this property Type M. Was very confuse on the 7.5% of the rebate. If the monthly loan amount is lesser than the 7.5% rebate of the property price, do i get back the 7.5% or do i get the loan amount rebate instead? Please help. Thanks

They told me 14 days not working days wor..

you get back 7.5% regardless of your loan amount.

My concern however is in the event the project is delayed, does the developer pays beyond the stipulated 4.5 years. Do we still entitle to ld if the project is delayed? What happened if subsale happens within 18 months? I have ask the SA about this but they are unable to give a firm answers. My advise is make sure you read the spa and other supplemental agreements before signing it. There may a lot of clause attached to it.

yes, i called already.. 14 days means, 14 working days exclude public holiday and sat , sun

Thanks for your info. I had ask the SA about the delayed stuff and i do get to know that you will get the delay penalty reimbursment. As for the 18 months, it will be after you get the VP. So no matter how long the project delayed, the 18 months will only commenced once we get the VP. Yes, we get to extend the 4.5 years if the project is delayed but if the completion is earlier, it will shorten the 4.5 yrs. . Hope it helps