hie, xiaopygu
i do not mean bankers will provide the incorrect info in order to close the sales. but the banker himself are not well verse. so he will advise his client the way he have understand it. but that is not always the case, he will need to study some law too.

for the drawdown, its easy.

the developer have financiers as well.
so it just finance 90% of the property by the same panel of bank. and the deal is made so that the 1st draw down is the full drawdown on the 36 month. since the money is there.

its just a merry go round process and the bank are happy to collect penalties from purchaser who will sell their property within 5 years after completion.

we purchaser will lose coz, we have to pay for the loan agreement and penalties. that is good profit for the bank.
better than earning interest rates.

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Added on January 11, 2010, 12:57 ambanker? inexperience or with few year experience?

ask them a few more question about drawdown , they wont be able to answer. haha

word of advice, when it comes agreement, dont ask the banker a.k.a. salesmen.ask the lawyer instead.

This post has been edited by 106127: Jan 11 2010, 12:57 AM

i asked my lawyer

something to share....lawyer is by profession, does not mean they know all....no offence.

Last saturday, i went to sign my SPA. Lawyer attending is Natasha from Tee Bee Kim. When i notice that the SPA did not state the tiles given for bedrooms, i ask Ms. Choo why the 2 x 2 porcelin tiles was not mentioned. She's telling me that the specification is previous approved specification, as such, the porcelin tiles was not mentioned. I told her that if they are offering it to purchaser, they should indicate it, cos if later on, the only supply ceramic tiles, we as a customer will be in losing end. She kept quiet. Then i ask her about the access card (each unit have 2 access card at lift area). I want to purchase more as i foreseen that my children might carry one. She said she don't know how much it cost. Whatever questions that i throw that day, it remains unanswered....if ever, only by the words, i don't know, it's like that one wor.....etc.

Then in front of Ms. Choo, i ask the lawyer, if ever they didnt give the porcelin tiles, can she be the witness that Ms. Choo, from the developer confirmed that the tiles given is porcelin tiles. Ms. Natasha kept silent and saying that she's from the lawyer side and she only attending to the signing......hey, at the end of the day, when something happens, you think the lawyer will act on behalf of the purchaser or the developer????? this all happens because there's manipulation!!!! we can only get free spa legal fees provided that we use their "suggested" lawyer. The developer is not wrong cos, we indeed sign a letter to declare that we are appointing this lawyer....u get what i mean????

if you want to purchase, you sign, if not, NEXT CUSTOMER PLEASE......

i myself is from developer firm....manipulation did happen....but see whether the want to do it or not....always, customer is in their losing end....cos who can ever fight the develoepr...u can go to tribunal...provided you have the time to ulang-alik to KPKT.

i guess, the question on first disbursement=full disbursement should stop here because there might be possibility that first disbursement is really first disbursement and not full disbursement, however, i guess 106127 and i just want to share that the possibility of first disbursement = full disbursement can happen.

it's the arrangement between developer and end-financier that matter....

that is so true

i also saw the 2x2 porcelain tile not stated
it only have tile

yes as you said, you want it or not
many more people waiting


at the end, we might having an apartment
same like what happen talam project casa riana condo

when abandoned, delayed and completed
it looks exactly like my father's flat in kerinchi
the only difference is it uses tiles, cheap one all over

it put out there casa riana apartment

ok...if they put apartment still sounds nice....u know what happen in kota kemuning? the english name as stated in brochure is so nice....Lake Condominium....ended up when vacant possesion....they change it to "Pangsapuri Tasik" hahahaha....imagine.....

Thats b'coz town council (shah alam, for kk) only allow building name in malay...

The Same apply to DBKL project. As for MBPJ, i am not too sure...

1120 park avenue

i wonder what malay name should it be

This post has been edited by AbangCorp: Jan 11 2010, 01:27 PM

Park = Taman
Avenue = Jalan yg teduh dgn pepohon di sebelah menyebelahnya lebuh raya.

How?

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Added on January 11, 2010, 3:43 pmJust came back from the developer office. SA ask me to come over on this friday to see whether GOT OR NOT phase 2 launching....

I think most probably launch on this friday. There have 900 registered. The most important for phase 1 buyer is how much increase.... So have a visit this weekend to 88.

I'm having lunch on one of the chinese coffee shop who live there almost 20 years. The boss said it's a mining land but only 10 meters deep. He gossip about Peter's who delay the development on the land waiting for the land value to increase. He said waited for 20 years now only build 1120PA. He feel happy now because will bringing more business.

Another thing is the SA there really act like gangster style... Maybe they use to sell low cost flat. I'm wonder the Papilion also have the same sales team or not. But I don't think so....

This post has been edited by king4891: Jan 11 2010, 03:43 PM

one of the girl called me and inform that the launches for phase 2 is on 15/01/10.

Pangsapuri Taman Avenue

i went and survey the neighborhood last month...
1120 park avenue is really close to NPE, pretty convenient, but have to pay toll sometimes, or else you have to detour a big round depends where you are going....
one thing i don't really like is, the neighborhood really is KAMPUNG....
met rempit really does exist at the long strecth next to NPR... which is pretty close to the condo (this info is actually provided by the residence nearby, i personally went down and ask a few mak cik and pak cik)....

second thing i don't like is the land is lease hold, that's why it is slightly cheaper....

Third thing, not much food stalls around, unless you go to kuchai lama...


I noticed that there is a new supermarket (small one) going to be constructed just opposite the condo.....

My conclusion, I won't buy this......!!! Just my feeling....

I visit their sales office and they say next 2 week launch. Dunno who is telling the right story.

aiya, just go there walk walk lor if you are free :-)

Do everyone apply the loan from the list of branch the developer gives? Or some of you apply at different branches?

Yes. You please do not buy.

Ur opinion can b good info,but sometime giving too much of opinion is not so good.it may hurt the purchaser of 1120.i`m not showing any offence here.hehe

So we just hope that the completed property does not look cheap skate, with sub quality material.

We pray and pray

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Added on January 11, 2010, 5:28 pmThis post has been edited by 106127: Jan 11 2010, 05:30 PM

So anyone else get called by the SA for phase 2 launch?

Yeah, it might be true.
However, as according to those previously mentioned, they don't sound professional at all.
Of course, nothings is perfect in this world, sure they must be pros and cons for everything, but I hope the company will not intentionally or unintentionally try to cheat the buyer. They can use their selling point (If they got one).... to sell....
I believe all of us paling hate people said, i don't know le.... oh .... it's like that one la....
That's why in Malaysia ethical seller (or any other profession) is pretty hard to find......
sad case...!!

yala
i also lost, but dare not to say anything

got stair at side?


you know park avenue sg buloh also got
only apartment but very nice, my uncle brought one

they reli like ganster style dar? how?