who got ocbc detail statement
it does reflects all including 75 ringgit only cost for all legal fees

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Added on January 6, 2010, 11:42 amLets make sure our condo finished on time

1 – graneon pg 1 post 16
2 – legolas pg 1 post 19 B3-XX-XX (facing west)
3 – 0106127 pg 2 post 22
4 – ethan99’s friend pg 2 post 23
5 – ethan99 pg 2 post 26 B1-XX-XX
6 – ausmat pg 2 post 31 B1-XX-XX
7 – borebby pg 3 post 46
8 – cheraspeople pg 3 post 48
9 – limyusiong pg 3 post 54 B1-09-XX (L unit nr)
10 – gstrapinuse pg 3 post 57
11 – legolas’s friend 01 pg 3 post 58 B3-15-XX
12 – legolas’s friend 02 pg 3 post 58 B3-16-XX
13 – colt45 pg 4 post 61
14 – aliciaqsp pg 4 post 69 (assumption)
15 – klkow pg 4 post 70 B3-XX-XX (S unit nr)
16 – sk00 pg 4 post 76 (m unit nr)
17 – iceanise pg 5 post 81 (m unit nr, facing east)
18 – sarsi00 pg 5 post 87 (l unit nr)
19 – trextan pg 5 post 90 B3-XX-XX (plan to release unit)
20 – juneodue pg 6 post 107 (plan to release unit)
21 – dxt pg 6 post 118 B1-07-08 (m)
22 – brianchinh pg 7 post 123 B1-04-07 (m)
23 – limwc78 pg 7 post 133
24 – 20yrsinsrisentosa pg 7 post 135 (assumption)
25 – misnail pg 8 post 148
26 – cambede pg 8 post 152 B3-14-XX (s unit nr) released
27 – mzmz --> abangcorp pg 10 post 190 B1-15-02 (s)
28 -

i manage to collect up to page 10 of this thread
will do again once have courage

wow.. thanks alot , AbangCorp

please update my .. my unit is B1-12-06 

wow.. thanks alot , AbangCorp

please update my .. my unit is B1-12-06 

Hi All,

Finally i manage to get loan approved. do anyone know how much for the legal fees? if minus 30% from the loan amount 165k?

Thanks,

UOB girl told me is 2% * Purchase price

sorry la bro
i always reply on this thread to make it happening, so anybody else will reply also
feed info

if wrong tak pa la, i always put correct me if im wrong
i guess reply too fast
i dont take uob without signing, i took pibb instead
bfr-1.9, zero moving cost & mrtt
why i touch this matter, because it is daily rest
so very different, not all ppl are going into settle fast kind of thing

add another hundred, and then occasionally few thousand

if you get what i mean
you put gosh there, i interpret it as 'stupid'
i am a lil bit upset by that, but what to do
you have your own finger and keyboard
the second part, i think you need to compare apple with apple
20 years with 20 years, then the different will prevail

QUOTE(estherlo @ Jan 6 2010, 12:24 AM)
U have misinterpreted the clause. Full prepayment is after the bonding period. Less than 50% is allowable and could reduce the principal.
*



Agreed with estherlo. i think eva01 is confuse on the money disbursement. If the bank haven't fully paid to the developer ) as developer will progressively collect money from bank based on the building progress, yes we can't even reduce the principal since the money have not fully disburse by the bank to the developer. Then the clause C(i) will come in (AFTER full disbursement).

After the money is fully release, we can reduce the principal even during the 5 yrs bonding period but we can't reduce until less than 50% of the total loan (clause C(i)(3))

After 5 yrs, you can do whatever you want. You can either stick to the loan, settle in full with 1 month notice or remortgage your property with other bank without penalty imposed.

erm...anyone ever consider first disbursement is actually same with full disbursement?

Nah, no intend to think negative on you. Sorry if my choice of word offended you.
I just worry coz reading accross this forum, only few information provided is correct and helpful.

I am happy with the help of forumer on highlighting all the issue facing and update us on the surrounding area.
Which is good as we are pretty lack of info over that side and LYN have provide a good place to search the info.
Yup, I misinterpreted the clause, what sk00/estherlo say is correct. I reread again and it is stated like what sk00 say. I can cut my principal until <50% during the 5 year bonding period. And there is no need to write letter as well.

Sorry for the confusion.

Thanks for the feedback.

Abangcorp, you might wanna contact the original poster to change the title to include the page where contain the necessary information.

You can add me in as well.. B-XX-11

Not the same.

If developer never start doing anything for 3 years, then the full disbursement will need to wait another 3 years total of 6 years to start the bonding period.

But for first disbursement, will start BP when the developer start construction.

In this example, the developer will bear all the interest until the project completed plus penalty if any stated in S&P.

erm....i am just thinking, if really they progress like what stated in the schedule, then the bank should release the money based on the stage of construction, but since this progressive payment paid by developer, will there be any manipulation on the "release" which indirectly affecting the bonding period. It happens for sime darby project. My fren purchase a landed property from them whereby the progressive payment is paid by developer. From the date of purchase (2 years ago) till now, first disbursement is not out yet and in next two month time, she will be getting her house key (then only the disbursement will be made from the bank) - which actually first disbursement = full disbursement. Since her lock-in period is 5 years from first disbursement, now it happens to be 5 years from full disbursement. so...need to lock in 5 years lor....

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Added on January 6, 2010, 2:43 pm

All of us are 1120pa buyers and all feedback here are for the good sake of 1120PA. So any unwanted misunderstanding are forgivable.... 

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Added on January 6, 2010, 3:21 pmbonding period start from first disbursement : means, when the architect certified that the piling and underground work has been completed. Thereafter, the developer will forward the architect cert to banks to claim the 10%. Then, it's consider as 1st disbursement for bank if they release the money.

But in sime darby case maybe different quar.....they might have pre-arrangement with banks, bill last, so that purchaser still need to bond longer. tak tau lar....

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Added on January 6, 2010, 3:21 pmbonding period start from first disbursement : means, when the architect certified that the piling and underground work has been completed. Thereafter, the developer will forward the architect cert to banks to claim the 10%. Then, it's consider as 1st disbursement for bank if they release the money.

But in sime darby case maybe different quar.....they might have pre-arrangement with banks, bill last, so that purchaser still need to bond longer. tak tau lar....

Yes, possible the developer will bill later to bank for disbursement. But I think for businessman most probably they won't do that.

For 1120PA, possible because developer bear the interest.

Thank you for the information!

so, kawan-kawan, please take note of this lor....sc bonding period is 5 years from signing of letter of offer but the drawback is it's monthly rest.

whereas, for other, they quoted 1st disbursement, bonding is also 5 years - just that we dunno whether 1st disbursement is equal to full disbursement.

if it equate, might as well take pbb which offer blr - 1.9? betul tak? me also still comparing between uob and pbb.

I don't think Peter is so rich that can wait till completion then only claim for the money. Bear in mind that Peter is just a small developer. 

It is a norm that developer bear interest during under con to attract more customers. In my opinion, it is unlikely that 1st disbursement is equal to full disbursement.

so, kawan-kawan, please take note of this lor....sc bonding period is 5 years from signing of letter of offer but the drawback is it's monthly rest.

whereas, for other, they quoted 1st disbursement, bonding is also 5 years - just that we dunno whether 1st disbursement is equal to full disbursement.

if it equate, might as well take pbb which offer blr - 1.9? betul tak? me also still comparing between uob and pbb.

Agree, the most is late by 6 months to 1 year only.

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Added on January 6, 2010, 4:34 pm

SC blr minus how many %? I heard is -1.8 only.

PBB is the best for own stay buyers. Thus, you can save a lot of interest on the flexi plan.

hi all,
i get a offer from HLB , BLR-2%
the details package i not sure yet.

and i just get the confirmation from my lawyer, confirm that HLB is our 1120 Avenue Park panel bank.