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 1120 Park Avenue - PJ South, any comments?

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chris lee
post Jan 14 2010, 01:44 PM

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jz nw went to wisma peter for signing agreement.Show unit(2nd) floor have been close for the public for viewing.The 4.5 years promotion is still available for 2nd phase.BUT tomorrow for those who want to get a unit in 2nd phase,need to take number and q up..hehe..good luck..
limwc78
post Jan 14 2010, 02:17 PM

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It mean if 600++ no or taken up and it will not allow public to enter anymore. Tomorrow is Friday only , will every one really take one day off for buying this property. However that day miss chu has show me the register people for phase 2 already more than 1000. I think they really confidence this week end, all the unit can be sold out.

This post has been edited by limwc78: Jan 14 2010, 02:38 PM
king4891
post Jan 14 2010, 02:20 PM

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QUOTE(limwc78 @ Jan 14 2010, 02:17 PM)
It mean if 600++ no or taken up and it will not allow public to enter anymore. Tomorrow is Friday only , will every one really take one day off for buying this property. However that day miss chu has show me the register people for phase to already more than 1000. I think they really confidence this week end, all the unit can be sold out.
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It's really a very good news!!!!!! rclxm9.gif
AbangCorp
post Jan 14 2010, 02:28 PM

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[quote=jwgan822003,Jan 14 2010, 10:35 AM]
i do heard there's bank 1 lawyer, you another lawyer for loan agreement
developer 1 lawyer, you another lawyer for snp

and of course it cost more, and longer
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[/quote]
S&PA paid by developer so the lawyer will represent the developer.
Loan Agreement paid by borrower but lawyer will represent the bank(non free moving cost package)

S&PA lawyer definitely will ask you to use them as the loan lawyer cos they only pay a minimum fees from developer to prepare the S&PA, so they will ask you to pass back the loan to them to get more income from one case.

You can appoint another lawyer other than S&PA lawyer to handling the Loan Agreement due to you paying the Legal Fee + Stamp Duty for the loan agreement.

You can choose to use difference lawyer to handling S&PA & Loan Agreement for under construction project because the condo not yet start construction and there would be no progressive claim from developer. Got enough time for loan lawyer to finish all the paper work before 1st drawdown.

I come accross with cases even though the S&PA & Loan Agreement lawyer is the same but still can't make it on time for the drawdown of the loan;regardless of what reason of the delaying in payment to developer borrower still will need to bear the late payment interest.

My advise is you will need to monitoring after you sign the letter of offer & Loan Agreement. Call the banker or the loan agreement lawyer once in two weeks to check on the latest status so you will not miss the due date set by developer for the 1st drawdown of the loan. Normally is the 1st drawdown got problem.

Normal process of a loan before 1st drawdown:

sign Letter of Offer - sign S&PA - sign Loan Agreement - Letter of Advice - Loan Disburse to developer
you will need to start monitoring your loan drawdown after you sign the Loan Agreement.
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[/quote]

what is the letter of advice?

eugene jk
post Jan 14 2010, 02:29 PM

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Guess ppl adi starting to q up today liao~
AbangCorp
post Jan 14 2010, 02:29 PM

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QUOTE(ausmat @ Jan 14 2010, 11:56 AM)
Yes, Put me in the list - B1-1x-06
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done


Added on January 14, 2010, 2:31 pm
QUOTE(eugene jk @ Jan 14 2010, 02:29 PM)
Guess ppl adi starting to q up today liao~
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haha

expected
how about sleep over

This post has been edited by AbangCorp: Jan 14 2010, 02:31 PM
king4891
post Jan 14 2010, 02:39 PM

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QUOTE(AbangCorp @ Jan 14 2010, 02:29 PM)
done


Added on January 14, 2010, 2:31 pm

haha

expected
how about sleep over
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Tonight TV3 will be there... lol
chris lee
post Jan 14 2010, 02:46 PM

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QUOTE(eugene jk @ Jan 14 2010, 02:29 PM)
Guess ppl adi starting to q up today liao~
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jz nw 12pm still nobody q up infront wisma peter yet,but 12am tonite is different story.hehe..waa..more than 100 ppl register for phase two.
aliciaqsp
post Jan 14 2010, 02:47 PM

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QUOTE(chris lee @ Jan 14 2010, 01:44 PM)
jz nw went to wisma peter for signing agreement.Show unit(2nd) floor have been close for the public for viewing.The 4.5 years promotion is still available for 2nd phase.BUT tomorrow for those who want to get a unit in 2nd phase,need to take number and q up..hehe..good luck..
*
are we consider public?? can we(1st phase buyer) go in ??
chris lee
post Jan 14 2010, 02:54 PM

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QUOTE(aliciaqsp @ Jan 14 2010, 02:47 PM)
are we consider public?? can we(1st phase buyer) go in ??
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yalor,r v(1st phase buyer) consider s public.but jz nw i went to wisma peter the guard don`t let me go in,until i say i hv appointment with lawyer only he let me go tru.
king4891
post Jan 14 2010, 03:04 PM

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QUOTE(chris lee @ Jan 14 2010, 02:54 PM)
yalor,r v(1st phase buyer) consider s public.but jz nw i went to wisma peter the guard don`t let me go in,until i say i hv appointment with lawyer only he let me go tru.
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Tomorrow the guard need to equip with air gun.... The lift must have safety inspection tonight... Customer are advise to use staircase.... 20 FRU will be stand by... Peter's daughter book a helicopter to fly them to airport after 100% sold off.

Damn... over imagination.
limwc78
post Jan 14 2010, 03:28 PM

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QUOTE(chris lee @ Jan 14 2010, 02:46 PM)
jz nw 12pm still nobody q up infront wisma peter yet,but 12am tonite is different story.hehe..waa..more than 100 ppl register for phase two.
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Is not 100, is more than 1000 already register. Mean the remaining unit (600++) is not sufficient for all.
chris lee
post Jan 14 2010, 03:39 PM

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QUOTE(limwc78 @ Jan 14 2010, 03:28 PM)
Is not 100, is more than 1000 already register. Mean the remaining unit (600++) is not sufficient for all.
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sorry type wrongly,is 1000,not 100.so it is very high demand.hehe.by sat will drop by wisma peter and c still got any unit available or not.


Added on January 14, 2010, 3:44 pm
QUOTE(king4891 @ Jan 14 2010, 03:04 PM)
Tomorrow the guard need to equip with air gun.... The lift must have safety inspection tonight... Customer are advise to use staircase.... 20 FRU will be stand by... Peter's daughter book a helicopter to fly them to airport after 100% sold off.

Damn... over imagination.
*
Waa ur imagination is really damm good..air gun,FRU,helicopter..haha...but 20 FRU where enough to handle 1000 over of potential puchaser?

This post has been edited by chris lee: Jan 14 2010, 03:44 PM
king4891
post Jan 14 2010, 03:50 PM

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QUOTE(chris lee @ Jan 14 2010, 03:39 PM)
sorry type wrongly,is 1000,not 100.so it is very high demand.hehe.by sat will drop by wisma peter and c still got any unit available or not.


Added on January 14, 2010, 3:44 pm

Waa ur imagination is really damm good..air gun,FRU,helicopter..haha...but 20 FRU where enough to handle 1000 over of potential puchaser?
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you're right, should send 200 FRU to handle 400 who fail to grab a unit. 1000 - 600 = 400. They will start to protest and worst come to worst become riot....

Not advisable for age under 18 tomorrow.... lol
aliciaqsp
post Jan 14 2010, 05:49 PM

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hi ..
may i know any one is not giving developer Cheque for down payment?

we can buy bank draft right??


20yrsinsrisentosa
post Jan 14 2010, 05:53 PM

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QUOTE(aliciaqsp @ Jan 14 2010, 05:49 PM)
hi ..
may i know any one is not giving developer Cheque for down payment?

we can buy bank draft right??
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not sure about bank draft. last time study in college is buy bank draft to pay exam fees to oveasea uni. but this time i buy banker cheque to pay the down payment. a piece of banker cheque cost rm2.50
king4891
post Jan 14 2010, 06:03 PM

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QUOTE(aliciaqsp @ Jan 14 2010, 05:49 PM)
hi ..
may i know any one is not giving developer Cheque for down payment?

we can buy bank draft right??
*
I bank in by cash. Because I didn't get my new cheque book. Below 25k no charges. Just fill up 2 slip, withdrawal and bank in slip will do. Remember to ask the Counter Assistant to double check the company name. Write payment remark.

Then fax to 1120pa account department. Call them to verify.

This post has been edited by king4891: Jan 14 2010, 06:05 PM
ch_leong
post Jan 14 2010, 06:03 PM

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I was there just now. Nobody queue up yet. Not likely that hot. many register for viewing only.

This post has been edited by ch_leong: Jan 14 2010, 06:03 PM
king4891
post Jan 14 2010, 06:08 PM

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QUOTE(ch_leong @ Jan 14 2010, 06:03 PM)
I was there just now. Nobody queue up yet. Not likely that hot. many register for viewing only.
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We just joking on the queue up... smile.gif property above 200k seldom people queue up unless very good area then price is not the factor. smile.gif
AbangCorp
post Jan 14 2010, 06:10 PM

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QUOTE(20yrsinsrisentosa @ Jan 14 2010, 05:53 PM)
not sure about bank draft. last time study in college is buy bank draft to pay exam fees to oveasea uni. but this time i buy banker cheque to pay the down payment. a piece of banker cheque cost rm2.50
*
actually it poses the same function
i use bank cheque for the other day 10%

bank draft and bank cheque almost same for layman term
but bank draft have more currency

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