got rental?

Some of us might want to rent out our houses in Spira but the real question in here is that who wants to rent them. Currently, Spira is in the middle of nowhere and it will take a few years to have all amenities.

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Added on November 24, 2010, 7:50 amIt is actually happening in our own backyard, I&P AI. Canting sub-sale is 550k while the last launch is 495k for a bigger BU. Probably, the reason is that you need to wait 1-2 years to get your house if you buy it from the developer launch.


Regarding SPA, is there anything we can do? It seems like SPA given to us is standard. I saw many owners signed them when i was in TTDI last saturday, I don't think they will modify it even if we ask them to. And according to the letter, we sign it within 14 working days or we lose 10k:) Not much choice for us I guess.....

This post has been edited by naing: Nov 24 2010, 07:55 AM

Exactly. Actually it was unfair to make us sign that offer letter without seeing the house or SPA. Now we can only grill the lawyer. But they won't change the clauses in the main SPA.

Ok, then..no choice but to accept it since i don't want to lose my deposit 10k:). I will sign SPA this Saturday:). Just got the loan approved.

Anyone had the chance to go inside the house to inspect?

This post has been edited by naing: Nov 24 2010, 09:05 AM

i signed mine on tuesday..

i will say, don't worry about the "as is where is" term.
there is a warranty clause to cover any construction defects.

Best of all, if they fail to repair the defects within a stipulated timefrace, we can use our own contractors for the repairs.
You don't see this often with other projects ( where you can use your own contractors )
WIth our own contractors, and there will be possibilities where the workmanship might be better.

btw, did you know that they repainted the house (external only) for the second time in preparation for the handover ?
if they are some corny/quickbuck developers, i dont think this will have happened.

i manage to sneak into the house for a-not-so-quick inspection a couple of times,
someone conveniently left the back door unlock.
Workmanship is there, toilets are nice, tiling is nice, paint is ok, however there are a couple of very minor defects whcih won't give me sleepless nights
Prob will just forego the claims (saves me the headache and effort) and fix it myself thru the renovations or etc because it is that small of a problem.

and speaking of unfairness...
it happened the moment you book the unit with a non-refundable 10k deposit..
we were told, and yet we commited.. willing buyer willing seller i suppose..
it's a gamble which i took and luckily, it turns out be ok...

wah lucky u!.

but can we know what is the 'very minor defect' which u mentioned.

Actually, i think none of the lawyers were forthcoming that we are signing our rights away. It was more of "This is a standard offer letter, where you make an offer to TTDI to buy the house and your 10k as earnest deposit".

Had it been clear that i cannot enter the house before or even after signing the SPA, and the fact that we have no recourse to view the house or review the SPA, we would have demanded to see the two items before we sign on the letter.

I agree that the defect liability period helps allay fears a bit. But then more worried that the reimbursement claim part will be messy.

Timeline:

Report + 30 days + 14 days buffer with alternate quotation + |----work done----| + 21 days (if all supporting proof is provided)

Suggest anyone taking the reimbursement route to take lots and lots of pictures.

Even from the external inspection I already see crooked mailboxes, rusting gates...

This post has been edited by zenquix: Nov 24 2010, 03:54 PM

Yeps... most businesses ultra reluctant to reimburse customer

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Added on November 25, 2010, 9:20 amHi all,

During the signing of the SPA, we just need to pay the 10% purchase price-the 10k booking rite? .... No other fees like lawyer disbursement etc right?

We need to pay the disbursement and stamping fees later right? Anyone know when?

This post has been edited by y2kfirewalker: Nov 25 2010, 09:20 AM

When you sign SPA, you need to pay (10% of house price - 10k) and disbursement fee. I got confirmed with lawyer. Disbursement fee is about 400.

TTDI only offer SPA legal fees. That's what I understand...

Ic...is the disbursement fee to be paid by cash? I have prepared a bank draft for the balance downpayment (10% of house price - 10k), but not the disbursement fee .....

I thought that the lawyer will send us an invoice later? Not at the time we go and sign spa right?

This post has been edited by y2kfirewalker: Nov 25 2010, 09:41 AM

Yes disbursement can be paid by cash.

What I was told is
1 name = RM350
2 name = RM400
Company = RM400

Ic ic.... this is a new info for me...

So when I go to sign the snp I must bring:

1) balance downpayment in bank draft for TTDI Land Sdn Bhd amounting to 10% house price-10k booking
2) Cash rm 350 or 400 to pay the lawyer

Anything else? Please advise..thanks!

This post has been edited by y2kfirewalker: Nov 25 2010, 09:45 AM

That's all you need for signing SPA. I asked the lawyer and she confirmed it to me...

- minor water seepage on one of the window frames in master bedroom / look for signs of green mole/algae
- laminate floor finishing around one of the door frames / misaligned
- and rusty iron gates

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and oh, btw... hello fellow neighbours..

This post has been edited by narayan: Nov 25 2010, 02:10 PM

haluuu ..

Do you think we can furnish the house (grill & plaster ceiling) concurrently with the defect works together or wait after the rectification works done?
it will add some time before moving in...

hello.

good to see more and more TTDIans coming to the forums. hope we can build a good neighborhood

Thanks for the info Naing....

I don't think they will let u do it that way. If defect is small, don't bother asking them to fix:)

What kind of grill are you thinking? I'm worry that it will spoil the appearance of the house.

thats the prob ... maybe simple and modern ... horizontal grill type design... u can go to ttdi laman seri to see overall picture

Thanks for the grill tips:)