Then more banks might only come in as end-financiers next year.

Yup

Is the early bird 5% rebate based on the selling price? Or based on the loan amount because the SA said will only rebate at the first drawdown of loan?

Sorry for such stupid question. It just suddenly crosses my mind

With RPGT and GST, will project be affected.

Based on selling price

UFO kor, regarding SOVO can it use for residential ?

SA says can, I think can lor
Artist illustration drawings for both office and residential was published during the launch, it's for both purposes
This product type is quite rare in BJ, tats why I say can invest

This post has been edited by UFO-ET: Oct 28 2013, 08:27 AM

Yes i visit their showroom even have the drawing on both purpose.
some debate its not for resi as it dont have the word Home in between.
Anyway thanks boss

IMO, RPGT and GST will affect the sales "psychologically"
For new implementation of RPGT rate, speculator may take precaution step to wait and monitor the policy time by time, as an investor myself, I know RPGT rate can be revised anytime, in 2007, RPGT was abolished due to mkt softening.
While for GST, it will only be implemented by 2015, the effect for developer will not be so significant, however in general we knows tat new property prices will be on upward trend, cash rich developer will hv contingency plan for GST especially residential segment, they will buffer & keep future commodity stock.

Frankly to say, even without GST, I also feel that the current property launching price (especially Highrise) is already too much, it is like developer has factored in the 10% GST into the selling price already

GST will be imposed on commercial property and also building materials. This will automatically push up the price of commercial properties. So between now and April 2015, time to buy?

RPGT, if you make, you get lesser in the pocket but you still get money in the pocket!

Any opinions?

Any news on end financer..

HH has already sent letters to purchasers to inform that the SPA is almost ready for signing. They can also start applying their loans with MBSB, Alliance & UOB.

When did they send? More EF coming on board.

I think only 3 EF.

Even after exit PN17, many banks still have to see company track record/profit/gearing etc. Tats why project rejected outright with many EF financer

Wow....hard to get loan then

I didn't receive any emails from Ho hup on the SPA and EF

wow....chasing to sign SPA but EF is yet to settle.

At the moment, only MBSB tied up oh. i.e. BLR-0.5% = 6.1%, MOF 80%+, Lock in period 5yr, 3.5% penalty of bal o/s loan sum.

Alliance and UOB are still pending oh...

Jalil Sutera is good mar..
Just look at the subsale price now...

Can know what is the price range in psf?