QUOTE(trextan @ Dec 14 2009, 11:06 AM)
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?
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
QUOTE(gstrapinuse @ Dec 14 2009, 11:56 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...
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
Dec 14 2009, 01:14 PM

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