Wah Pai Sifu also snap one unit over there. Hehe TT loyal business partner!!!

I give Z residence a pass. Too high density though the design and concept is modern. Prefer Kiara over Z.

Suddenly got some thinking. Why the Z don't have shoplot or retail offices, while the zest got? It should be a good point that people can find food easily or shop around. Any advise? Tx

Z is on residential land while Zest is on commercial land.. Z condo, Zest service apartment..

..i left about 5pm, Block B 75% sold(booked)!
anyway, managed to book one today....
jus realised that they given out rm1k as a referral fees,
if u guys wanna get unit too, pls let me know.
we share share the referral fees alright..
heheheee


some details:

3% discount
therefore, your down payment will be 7%.
and the best part is that the 7%, can be paid by credit card with 18mths 0% installment
free all air-con
bare unit with 600x600 floor tiles (incl bathroom full height wall tiles)


This post has been edited by ericalnh: Apr 2 2011, 07:38 PM

Friday launch

Thanks twincharger07, btw what is diff between residential and commercial land? If the z residence ppl want to find food, need to drive all the way to OUG/sri petaling? That is not a good idea.

you may use the search engine to find residential vs commercial title in this "Property Talk" section.. there has been a lot of discussion going on all the while..

as for the food, no comment on that... maybe oug makan kaki can comment

didnt see pretty SA in the pic...sad

ericalnh,how much it cost for ur unit?

Very nice pics, UFO. I guess it's a bit slow
purchase as ppl went outstation for Ching Ming.
More coming after this.
Then again, what's the details price range by block

Nice... UFO daikor.. what time was it??

---

Added on April 2, 2011, 7:51 pmAs UFO said its Friday... given its working day summore, sales consider impressive.. today punya no one knows..

any update?

This post has been edited by twincharger07: Apr 2 2011, 07:51 PM

I am quite 'new' to the referral fee of RM1k. It was not informed during the 'buss & ass' period.


Of course there is different between residential and commercial. Residential status is governed by the Housing & Development Act, where the disbursement of the sales proceeds are based on the schedule in HDA. Meanwhile commercial status is NOT governed by HDA, therefore, the developer shall define the schedule of payment in their SPA.

Of course when it comes under commercial status, some developer tends to be creative in squeezing more $$$ from the buyers, i.e. don't allocate parking to the owner but rather ask them to subscribe for a season car park (maybe with some subsidy...haha). The utility tariff under commercial status and maintenance fee is definately higher than residential.

Parklane OUG is under Commercial status, Tiara Mutiara is under Commercial status, Sutera Maya is under Residential status, Residence & under Residential status and so on so forth.

Hi jinyee, the HDA act has been amended in 2007 which includes service apartment as well.. you may refer to buyers of Zest and SW whole sign the SNP which comply to HDA and with Schedule H.. of course, shop and offices are not protected under HDA

Anyone has photo of the layout of Type B unit?

Yes. I am aware on the amendment done to the act in 2007. Nonetheless the amendment which took effect from April 2007, does not say anything directly about serviced apartments.

There is no definition on serviced apartments in the new amended act or in the Housing Development (Control and Licensing) Act, 1966, which goes to say there is no protection accorded to buyers.

Everybody takes it that in the amended act, the term "housing accommodation" which the Housing and Local Government Minister is now empowered to determine under the new section 3A, which includes serviced apartments. As long as serviced apartments are "intended for human habitation or partly for human habitation and partly for business premises", everyone tends to take it that they fall under the definition of housing accommodation.

It does not matter any more if the accommodation is built on land designated or approved for commercial development as the new amended Act A1289 has removed these words from the definition of housing accommodation which were inserted in an earlier Amendment Act 2002.

Should the developer wished to comply with it, perhaps its merely on the own will as long as it fits the general definition.

Amendment in 2007:
http://www.hba.org.my/laws/hda/2007/A1289-2007.pdf

This post has been edited by jinyee80: Apr 2 2011, 09:21 PM

Yes.. thats what written in the amendment "any residential element" is protected in HDA despite SA is not specifically described.. thats the same document that I read few years ago..

Thus I think its important to let rbk23 know that commercial title property not protected by HDA is not always the case

This post has been edited by twincharger07: Apr 2 2011, 09:59 PM

what is the price per s feet?

bro... refer to previous thread lah..

Thanks thanks all..for the info..

I'm just curious about the hot reception by all the new launches including Z residence. The take up rate is still high despite gov implementing property cooling measures such as the high LTV but nevertheless people are still on a buy buy buy mode. Are the majority you guys home occupiers or are there still many rich investors hopping to flip after completion for a nifty profit? Just curious.

3.45pm