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Investment SETAPAK GREEN RESIDENCES by UOA, Your Enclave for Refresh Living

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webby88
post Nov 18 2010, 09:31 PM

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QUOTE(hidden830726 @ Nov 18 2010, 09:24 PM)
Apparently my drawing that day not true, the way from furlong still accessible. Its just the bridge no more. But still can detour around it.
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How to detour? Tumpang parking in Furlong and walk home?
hidden830726
post Nov 18 2010, 09:33 PM

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no la. the road still connected. instead of going straight using the bridge, now can "S" and detour the bridge.
webby88
post Nov 18 2010, 09:35 PM

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QUOTE(hidden830726 @ Nov 18 2010, 09:33 PM)
no la. the road still connected. instead of going straight using the bridge, now can "S" and detour the bridge.
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around the furlong flat?
hidden830726
post Nov 18 2010, 09:39 PM

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Dunno how to explain... someone pls help explain.
TScybertechmkteo
post Nov 18 2010, 09:44 PM

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Meaning... Bridge move closer to 222
webby88
post Nov 18 2010, 09:48 PM

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QUOTE(hidden830726 @ Nov 18 2010, 09:39 PM)
Dunno how to explain... someone pls help explain.
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OK lar...... but is this good or bad?
TScybertechmkteo
post Nov 18 2010, 09:50 PM

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Still the road is not block

Therefore no good and no bad for us coz samething ony bridge move near to furlong and 222
webby88
post Nov 18 2010, 10:16 PM

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QUOTE(cybertechmkteo @ Nov 18 2010, 09:50 PM)
Still the road is not block

Therefore no good and no bad for us coz samething ony bridge move near to furlong and 222
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I tot block is good as SG got 2 entrance? Agree? sad.gif
iceman5432
post Nov 19 2010, 12:01 AM

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Spoke to lawyer who is acting as out stakeholder for SG.

According to them, in the event, the purchase tak jadi, the interest on RM10K will be refunded to us.

If the purchase jadi, the interest will go to UOA.

Please bear in mind, this is VERBAL CONFIRMATION. Will write to them officially once I have the time
hidden830726
post Nov 19 2010, 08:51 AM

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QUOTE(webby88 @ Nov 18 2010, 10:16 PM)
I tot block is good as SG got 2 entrance?  Agree? sad.gif
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Unblock is even better, now there's 3 entrance to the vicinity.


Added on November 19, 2010, 8:52 am
QUOTE(iceman5432 @ Nov 19 2010, 12:01 AM)
Spoke to lawyer who is acting as out stakeholder for SG.

According to them, in the event, the purchase tak jadi, the interest on RM10K will be refunded to us.

If the purchase jadi, the interest will go to UOA.

Please bear in mind, this is VERBAL CONFIRMATION. Will write to them officially once I have the time
*
Thank you for the info.


This post has been edited by hidden830726: Nov 19 2010, 08:52 AM
webby88
post Nov 19 2010, 08:57 AM

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I am just curious what will be the fallout rate for SG booking when it comes to S&P signing due to the following reasons:
1. 70% LTV for 3rd property purchaser
2. Prebookers of SG found other better investments
3. Fallout due to shortfall of expectation for SG perceived finishing, design, quality etc.

My guess, it will be quite significant. Anyone can share your thoughts?
hidden830726
post Nov 19 2010, 09:10 AM

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1) I think fallout will mostly due to the 70% LTV, the extra is quite significant. If you are an investor, likely u will have 2 or more properties in your hand. One for own stay and one for investment at least, to buy a third, it cost you 30% entry cost. If SG = RM450k, then its gonna be RM135k. Some will afford, but some will not.

2) I see this to be minimal, due to people already make up their mind when they booked, the prebooking fees of RM10k is quite alot and it takes alot of decision before someone really push for it. But i knew some prebooker prebook that day due to the fear of losing out on investment opportunity. So, if they found better investment opportunities, they will leave.

3) This one, not yet, lets wait for the showunit.

This post has been edited by hidden830726: Nov 19 2010, 09:36 AM
TScybertechmkteo
post Nov 19 2010, 10:54 AM

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QUOTE(webby88 @ Nov 18 2010, 10:16 PM)
I tot block is good as SG got 2 entrance?  Agree? sad.gif
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yes block is good but our SG ada 2 entrance still subject to approval blink.gif


Added on November 19, 2010, 10:55 am
QUOTE(iceman5432 @ Nov 19 2010, 12:01 AM)
Spoke to lawyer who is acting as out stakeholder for SG.

According to them, in the event, the purchase tak jadi, the interest on RM10K will be refunded to us.

If the purchase jadi, the interest will go to UOA.

Please bear in mind, this is VERBAL CONFIRMATION. Will write to them officially once I have the time
*
u spoke to Nizar & Partners? hmm.gif

is good to hear tat but really hear that but hope it's true if incase purchases tak jadi rclxub.gif


Added on November 19, 2010, 10:57 am
QUOTE(hidden830726 @ Nov 19 2010, 08:51 AM)
Unblock is even better, now there's 3 entrance to the vicinity.


Added on November 19, 2010, 8:52 am

Thank you for the info.
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but will it contribute to the jamn?


Added on November 19, 2010, 10:59 am
QUOTE(webby88 @ Nov 19 2010, 08:57 AM)
I am just curious what will be the fallout rate for SG booking when it comes to S&P signing due to the following reasons:
1. 70% LTV for 3rd property purchaser
2. Prebookers of SG found other better investments
3. Fallout due to shortfall of expectation for SG perceived finishing, design, quality etc.

My guess, it will be quite significant. Anyone can share your thoughts?
*
1) me in dilemma bcoz of this deep shit coz heart thinking mau SG dun really prefer 288 but 288 DP sudah bayar shakehead.gif shakehead.gif
2) maybe
3) quality wise shouldn't be any issue as UOA quality is already acertain... as for output fascade, facilities, finishing design yes. wink.gif

This post has been edited by cybertechmkteo: Nov 19 2010, 10:59 AM
webby88
post Nov 19 2010, 03:45 PM

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QUOTE(cybertechmkteo @ Nov 19 2010, 10:54 AM)

1) me in dilemma bcoz of this deep shit coz heart thinking mau SG dun really prefer 288 but 288 DP sudah bayar  shakehead.gif  shakehead.gif
2) maybe
3) quality wise shouldn't be any issue as UOA quality is already acertain... as for output fascade, facilities, finishing design yes. wink.gif
This is how I see developer could enhance the deal so that the fallout rate is minimised. If one kena 70% LTV, developer should be nice enough to provide the DIBS rebate for the additional 20% you pay as downpayment. This could be done via freebies like kitchen cabinets, or others. Also improve the quality of the built, ambiance, environment, finishing and others so that purchase feel good with extra value they are getting. Otherwise I expect quite a number to surrender their units back!!!

This post has been edited by webby88: Nov 19 2010, 03:47 PM
TScybertechmkteo
post Nov 19 2010, 06:30 PM

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Wow keep finger cross
hidden830726
post Nov 19 2010, 07:05 PM

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Good point, Webby, waiting SG to announce the final spec as well as showunit then only will decide.
webby88
post Nov 19 2010, 08:35 PM

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QUOTE(hidden830726 @ Nov 19 2010, 07:05 PM)
Good point, Webby, waiting SG to announce the final spec as well as showunit then only will decide.
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Looks like many fence sitter, non committal position until the show unit is ready and to hear the overall concept of SG.
TScybertechmkteo
post Nov 19 2010, 09:37 PM

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as i said lets wait finger cross
webby88
post Nov 19 2010, 11:07 PM

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QUOTE(cybertechmkteo @ Nov 19 2010, 09:37 PM)
as i said lets wait finger cross
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I need to cross fingers as I need to source other means for downpayment for 30% if UOA can convince of a great value.
brianccg
post Nov 20 2010, 05:35 PM

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I stayed around the area for 35 years.. as for me, the project is over priced. Access road not good.... if you have more than 2 cars in the family, what i can said is god bless you...It is very narrow road and dont forget nearby there are another two project 228 and 288 residence.

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