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 1120 Park Avenue - PJ South, any comments?

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klkow
post Dec 14 2009, 01:14 PM

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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?
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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...
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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

klkow
post Dec 18 2009, 03:33 PM

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hi there,

Till now, the developer's lawyer has yet to call me for signing of S&P. Does it happen to all of u guys/gals?

klkow
post Jan 10 2010, 10:42 AM

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lets update my unit no.

15 – klkow pg 4 post 70 B3-11-13 (S unit )

I bought for investment...


klkow
post Jan 11 2010, 12:58 PM

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QUOTE(iceanise @ Jan 11 2010, 11:05 AM)
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.....
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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...

klkow
post Mar 2 2010, 09:12 AM

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QUOTE(icewolf3 @ Mar 1 2010, 08:28 PM)
icic...do u know when they launch phase one?
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Hi, they launch phase 1 at mid-december 2009. 90% sold on the 1st week.

normally, the construction work of this scale will take about 2 years to complete. Developer lite peters will opt to commence and complete the construciton work in final 2 years of 36months period stated in S&P. thus, no need to worry, at least for the time being..

hope it helps...




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