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 1120 Park Avenue - PJ South, any comments?

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iceanise
post Dec 14 2009, 05:49 PM

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dear all,

i am new in this forum and would like to share certain things on the purchase of Park Avenue Apartment.

I have made a downpayment for a unit on 12 Dec 2009.

Basically, if you are talking about the location, yes agreed that it's within the Malay settlement, you can see mat rempit at night and yes, that they dont adhere to rules, they don't wear helmet and you can even see a motorcycle with 4 people riding on it. I am staying nearby too, in taman buana perdana. Maybe i'd get used to the environment there (even though sometimes i really want to curse them when they don't even know how to use signal when they want to turn into another junction) just be a little bit more careful when driving, expect the unexpected like suddenly a motorbike come out from one junction.

Other than surrounded by malay settlement, the place seems to have good accessibility. You can go to KL without paying any toll and if you want to go to Sunway area, you can utilise the short cut. Of course, if you are not paying, please expect that you need to waste "time" to compensate that.

I have made a booking on M type facing the field (facing east) at lower floor (but not too low). I have survey the area before making up my mind to make the downpayment, i went to the site and observe the surrounding area. No comment on the mining land or etc because in KL, tell me which area is not ex-mining land??

Some point to ponder why people are buying more on Tower 2 compared to Tower 1 are listed as below;

1) Tower 1 - one side is facing swimming pool, the other side is facing main road. Most of the purchaser will choose to face the swimming pool rather than main road reason being

a) better view, balcony facing east (thus getting the morning sun and not evening sun - bet how hot it was to have the evening sun direct to your balcony, you can even place a chair to enjoy the evening ray). But please remember that you should only purchase upper unit as unit near swimming pool is very noisy but if you dont mind the noise, buy the one same level with the swimming pool...hahaha.

b) not many people buying those facing main road - this is the portion still available as mentioned by other forumers. Other than the dust and noise contributed by the main road....do you all notice that it's actually facing the sewerage tanks? And, you will have "nice" smell when the wind start to blow. No offence but it's true. Tower 1 act as a buffer for Tower 2. To put salt into wound, the balcony is facing west, mean it will be very hot during evening time.


2) Tower 2

a) As mentioned above, if you want to have a unit facing swimming pool, you must opt for Tower one to avoid the direct evening sun ray. If you choose Tower 2, then be ready to accept that your unit will have the evening sun. To avoid the evening sun, the only thing you can do is to choose a lower unit because Tower 1 will be blocking the direct sun for lower unit but the disadvantage is you "enjoy" the noise from the swimming pool if you are at lower level.

b) If you are facing open park, it can be consider as a good buy as you can predict that in front of you, there predicted developement which is another 3 block of apartment, if you are in upper floor, can see the swimming pool as well + greenery (park). Plus point, it's facing east, so it's only morning sun and no afternoon sun.


However, looking at the high density, 3 lifts servicing 14 units per floor and there's 17 level, the probability for breakdown is high. so, opting for a lower unit will be feasible, but do not choose the unit in ground as you need to install grill (another cost incurred) 1st floor and second floor is too near the ground and you will notice noise from the passing by vehicle. Further, there's a landing slab on 2nd floor, easy for people to climb in. Opt for unit at level 3 and above, and it will be save from noise and it would not be so hectic to climb the stair of 3 level when the lift breakdown.

If you were thinking to purchase, buy now because new block launching will have even higher density, further, the swimming pool is shared by 3 blocks compared to the current 2 blocks.

I know there's a lot of investor here and i understand that normally, the higher the condo, the greater value it possess but please think again, few year down the road....the lift might not be in good conditions. At that time, promote you lower unit saying that it's more reliable than to be in high up there.

Tired typing...if you all still want me tabulate the calculation from the developer, let me know....if not, dowan to waste you all time.


Added on December 14, 2009, 5:53 pmdear all,

i am new in this forum and would like to share certain things on the purchase of Park Avenue Apartment.

I have made a downpayment for a unit on 12 Dec 2009.

Basically, if you are talking about the location, yes agreed that it's within the Malay settlement, you can see mat rempit at night and yes, that they dont adhere to rules, they don't wear helmet and you can even see a motorcycle with 4 people riding on it. I am staying nearby too, in taman buana perdana. Maybe i'd get used to the environment there (even though sometimes i really want to curse them when they don't even know how to use signal when they want to turn into another junction) just be a little bit more careful when driving, expect the unexpected like suddenly a motorbike come out from one junction.

Other than surrounded by malay settlement, the place seems to have good accessibility. You can go to KL without paying any toll and if you want to go to Sunway area, you can utilise the short cut. Of course, if you are not paying, please expect that you need to waste "time" to compensate that.

I have made a booking on M type facing the field (facing east) at lower floor (but not too low). I have survey the area before making up my mind to make the downpayment, i went to the site and observe the surrounding area. No comment on the mining land or etc because in KL, tell me which area is not ex-mining land??

Some point to ponder why people are buying more on Tower 2 compared to Tower 1 are listed as below;

1) Tower 1 - one side is facing swimming pool, the other side is facing main road. Most of the purchaser will choose to face the swimming pool rather than main road reason being

a) better view, balcony facing east (thus getting the morning sun and not evening sun - bet how hot it was to have the evening sun direct to your balcony, you can even place a chair to enjoy the evening ray). But please remember that you should only purchase upper unit as unit near swimming pool is very noisy but if you dont mind the noise, buy the one same level with the swimming pool...hahaha.

b) not many people buying those facing main road - this is the portion still available as mentioned by other forumers. Other than the dust and noise contributed by the main road....do you all notice that it's actually facing the sewerage tanks? And, you will have "nice" smell when the wind start to blow. No offence but it's true. Tower 1 act as a buffer for Tower 2. To put salt into wound, the balcony is facing west, mean it will be very hot during evening time.


2) Tower 2

a) As mentioned above, if you want to have a unit facing swimming pool, you must opt for Tower one to avoid the direct evening sun ray. If you choose Tower 2, then be ready to accept that your unit will have the evening sun. To avoid the evening sun, the only thing you can do is to choose a lower unit because Tower 1 will be blocking the direct sun for lower unit but the disadvantage is you "enjoy" the noise from the swimming pool if you are at lower level.

b) If you are facing open park, it can be consider as a good buy as you can predict that in front of you, there predicted developement which is another 3 block of apartment, if you are in upper floor, can see the swimming pool as well + greenery (park). Plus point, it's facing east, so it's only morning sun and no afternoon sun.


However, looking at the high density, 3 lifts servicing 14 units per floor and there's 17 level, the probability for breakdown is high. so, opting for a lower unit will be feasible, but do not choose the unit in ground as you need to install grill (another cost incurred) 1st floor and second floor is too near the ground and you will notice noise from the passing by vehicle. Further, there's a landing slab on 2nd floor, easy for people to climb in. Opt for unit at level 3 and above, and it will be save from noise and it would not be so hectic to climb the stair of 3 level when the lift breakdown.

If you were thinking to purchase, buy now because new block launching will have even higher density, further, the swimming pool is shared by 3 blocks compared to the current 2 blocks.

I know there's a lot of investor here and i understand that normally, the higher the condo, the greater value it possess but please think again, few year down the road....the lift might not be in good conditions. At that time, promote you lower unit saying that it's more reliable than to be in high up there.

Tired typing...if you all still want me tabulate the calculation from the developer, let me know....if not, dowan to waste you all time.


Added on December 14, 2009, 5:53 pmdear all,

i am new in this forum and would like to share certain things on the purchase of Park Avenue Apartment.

I have made a downpayment for a unit on 12 Dec 2009.

Basically, if you are talking about the location, yes agreed that it's within the Malay settlement, you can see mat rempit at night and yes, that they dont adhere to rules, they don't wear helmet and you can even see a motorcycle with 4 people riding on it. I am staying nearby too, in taman buana perdana. Maybe i'd get used to the environment there (even though sometimes i really want to curse them when they don't even know how to use signal when they want to turn into another junction) just be a little bit more careful when driving, expect the unexpected like suddenly a motorbike come out from one junction.

Other than surrounded by malay settlement, the place seems to have good accessibility. You can go to KL without paying any toll and if you want to go to Sunway area, you can utilise the short cut. Of course, if you are not paying, please expect that you need to waste "time" to compensate that.

I have made a booking on M type facing the field (facing east) at lower floor (but not too low). I have survey the area before making up my mind to make the downpayment, i went to the site and observe the surrounding area. No comment on the mining land or etc because in KL, tell me which area is not ex-mining land??

Some point to ponder why people are buying more on Tower 2 compared to Tower 1 are listed as below;

1) Tower 1 - one side is facing swimming pool, the other side is facing main road. Most of the purchaser will choose to face the swimming pool rather than main road reason being

a) better view, balcony facing east (thus getting the morning sun and not evening sun - bet how hot it was to have the evening sun direct to your balcony, you can even place a chair to enjoy the evening ray). But please remember that you should only purchase upper unit as unit near swimming pool is very noisy but if you dont mind the noise, buy the one same level with the swimming pool...hahaha.

b) not many people buying those facing main road - this is the portion still available as mentioned by other forumers. Other than the dust and noise contributed by the main road....do you all notice that it's actually facing the sewerage tanks? And, you will have "nice" smell when the wind start to blow. No offence but it's true. Tower 1 act as a buffer for Tower 2. To put salt into wound, the balcony is facing west, mean it will be very hot during evening time.


2) Tower 2

a) As mentioned above, if you want to have a unit facing swimming pool, you must opt for Tower one to avoid the direct evening sun ray. If you choose Tower 2, then be ready to accept that your unit will have the evening sun. To avoid the evening sun, the only thing you can do is to choose a lower unit because Tower 1 will be blocking the direct sun for lower unit but the disadvantage is you "enjoy" the noise from the swimming pool if you are at lower level.

b) If you are facing open park, it can be consider as a good buy as you can predict that in front of you, there predicted developement which is another 3 block of apartment, if you are in upper floor, can see the swimming pool as well + greenery (park). Plus point, it's facing east, so it's only morning sun and no afternoon sun.


However, looking at the high density, 3 lifts servicing 14 units per floor and there's 17 level, the probability for breakdown is high. so, opting for a lower unit will be feasible, but do not choose the unit in ground as you need to install grill (another cost incurred) 1st floor and second floor is too near the ground and you will notice noise from the passing by vehicle. Further, there's a landing slab on 2nd floor, easy for people to climb in. Opt for unit at level 3 and above, and it will be save from noise and it would not be so hectic to climb the stair of 3 level when the lift breakdown.

If you were thinking to purchase, buy now because new block launching will have even higher density, further, the swimming pool is shared by 3 blocks compared to the current 2 blocks.

I know there's a lot of investor here and i understand that normally, the higher the condo, the greater value it possess but please think again, few year down the road....the lift might not be in good conditions. At that time, promote you lower unit saying that it's more reliable than to be in high up there.

Tired typing...if you all still want me tabulate the calculation from the developer, let me know....if not, dowan to waste you all time.



This post has been edited by iceanise: Dec 14 2009, 05:53 PM
iceanise
post Dec 30 2009, 03:14 PM

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ocbc is sooooo slow!!!!!
iceanise
post Dec 30 2009, 03:28 PM

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i called the so called Team Leader (by the name of A***) and he informed me that he already submitted my loan but the truth is, he did not!!!!! cos i check with another banker fren in ocbc, she check for me that he didnt even submit my document.....after that, i called this guy and tell him that i want to cancel my loan and he pretended to feel "guilty" by telling me..."actually i already submitted but now waiting for manager approval"....your foot!!!! the application is not complete, how to submit!!!!
iceanise
post Dec 30 2009, 04:27 PM

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so, as at now....which bank is better? someone pls enlighten me
iceanise
post Dec 30 2009, 04:37 PM

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wat rate are PBB offering? wat rate are UOB offering? got letter offer already? i got SC letter of offer oli
iceanise
post Dec 30 2009, 04:43 PM

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u all sign s&p dy ar?
iceanise
post Dec 30 2009, 04:57 PM

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sc also -1.85 (some more montly rest) cheh....no good...
iceanise
post Dec 30 2009, 04:59 PM

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today oli i apply pbb loan
iceanise
post Dec 30 2009, 05:28 PM

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i think apply from other banker better rather than applying from the banker appointed by the developer. OCBC tot they will get all the loan from the developer because he is stationed there. i havent sign the agreement yet
iceanise
post Jan 4 2010, 05:12 PM

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har....PBB offer BLR - 1.9%? i better check with them tomorrow, i am still waiting for PBB.
iceanise
post Jan 4 2010, 05:24 PM

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QUOTE(king4891 @ Jan 4 2010, 05:15 PM)
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. smile.gif

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.
iceanise
post Jan 4 2010, 05:49 PM

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i dont think so belong to peter...they might lease it to someone guar
iceanise
post Jan 4 2010, 09:30 PM

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can get 30% discount meh if pay legal fees ourselves?
iceanise
post Jan 4 2010, 10:05 PM

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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?
iceanise
post Jan 4 2010, 10:18 PM

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so macam mana? i still ask the solicitor or how?
iceanise
post Jan 5 2010, 11:42 AM

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pbb letter offer term and condition ok ar? better than other bank ar?

so, through the forum, there's few things that i should do during signing of the SPA, ask for legal fees discount, make sure the loan offer is good

This post has been edited by iceanise: Jan 5 2010, 11:47 AM
iceanise
post Jan 5 2010, 12:00 PM

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QUOTE(king4891 @ Jan 5 2010, 11:54 AM)
If own stay or sell within bonding period then get PBB which have -1.9% and very good flexi plan.

If going to sell after bonding period, then get those BP start from first drawndown or offer letter.
*
for those who took uob loan, do you realised that the calculation on mrta is based on interest rate of 7%? why are they charging higher?
iceanise
post Jan 5 2010, 12:47 PM

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QUOTE(gstrapinuse @ Jan 5 2010, 12:17 PM)
Your MRTA is for how many years??I apply for 30yrs+3yrs construction..RM4300K(uni-asia)

PBB RM4800K(ING)
*
I didnt take MRTA from uni asia or ing.....my is cheap, i take from amassurance


Added on January 5, 2010, 12:54 pm
QUOTE(AbangCorp @ Jan 5 2010, 12:18 PM)
ice

the mrta is based on age, loan tenure (maybe plus interim period or construction period) and loan amount

loan tenure is maybe almost the same (30 years i believe)
loan amount is negligible ( as you mentioned in percentage)
the difference is only age between one and another...

mine in offer letter is about 3.35%
still quite high, cimb is the second
*
i took 20 years only.....

This post has been edited by iceanise: Jan 5 2010, 12:54 PM
iceanise
post Jan 5 2010, 01:02 PM

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QUOTE(kornflake @ Jan 5 2010, 12:55 PM)
u take from amassurance?

isit mrta or mlta and are you allowed to take other insurance co for mrta rather that panel  of the bank loan
*
previously was thinking to sign with uob, and i said i want to get it from amassurance....the banker also didnt say cannot geh
iceanise
post Jan 5 2010, 01:27 PM

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QUOTE(king4891 @ Jan 5 2010, 01:11 PM)
UOB allow to get from any other insurance company for MRTA or MLTA. My CO told me that but of course they hope you took from them.
*
because if you get from them, they can get extra commission :-)

i took mrta from amassurance but register under uob name la (if i am taking uob). Amassurance can do that. It's much more cheaper, i am taking for 20 years only because was thinking to pay off the loan early, so, basically they charge me RM1318 whereas my hubby RM1652. This is for 20+3 years MRTA lo

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