Im very sure the sales girl told me max 10% for 25yrs. Unless herself also not so sure and gave me the wrong info. That's why straight away i turned down and look for other places. Tomorrow i will call their office again to confirm about this.

Agree with Kelvin.
About the rate, as UOB is only end-financing for this project, of cos the rate will not be so great as no competitor.

hi all ,

i kinda interested on this property the only part i cant understand is ... there is a contract term like 4 years ( can be continue in future ) .
Can i sell it after 4 years ? and how they evaluate the property price ?
thx in advance ..

they are going to sarawak for the project.. looking for sarawakian to buy. seem quite attractive to them.. although sarawakian got huge fund.. hope they will not regret. my friend called me ask me to check and guys.. what is your advice??  not selling price going for 320K + 50K for furniture. total up is RM370K..  return 8%...

On 26th June 2011 morning, I went to Andaman USJ office to attend The Arc@Cyberjaya event and bought a unit at Block D-19-01, Level 19. I make the payment in the same time by credit card with 5% of RM393k purchase price (12:52pm payment time) and the other 5% is rebate (for early bird) by the developer. The attend sale person is Dato Vicent Tiew and assign to her admin to make the process and payment.

At 17:57 time, when I was at home I received a call from Dato Vicent Tiew. Asking me whether interest to taking level 22 or 23 and the different is only 500 to 1k, then I answer no to him becaused I like the unit I bought and not thinking to change to other unit. Finally he told me that the unit I bought is double sale, then I said I need to discuss with my wife.

But when my wife asking him to make it same price if wanted to let level 22 or 23 to us and he said he will personally to withdrawal 1k to make us to move to level 22/23 from originally level 19. Then my wife did told him that we decided to take level 22 and asking him to revised the booking offer and mail to us (after conversation by phone, my wife sending our email address to him at 19:06pm).

At same date 19:54pm, we received a message from Dato Vicent Tiew as following "Sorting out final batching and compilation with all sales branches. Will revert tomorrow"

At 27th June 2011 afternoon time, We haven't received a single call from Dato Vicent Tiew. So my wife sms (15:22pm) to him asking our unit as he promised yesterday but he did reply as "Still sorting out" (15:24pm).
At 16:13pm, I received another sms from him and telling "I have block D 26-01 rm395k. Do u want it ?". From this sms, it make me so disappointed with their sincere.

I dun think it's a good investment.
Went to see the area, no good. Too many
empty rooms/ house to let. Based on mmu
student, not good enough. Also, many other projects there as well.
Might as well consider senza residence.
Good location, can target wider range of
buyers....or perhaps z residence....

To all investors, please think twice before putting your $$ in.. the property will not go any much higher as the aprtment is mean for students stays..And!!! the most important thing is.. the "developer", is the same group that develop Cova Suites, Cova Square and Cova Villa, just ask around or pay a visit to the this places and see what have the developer been deliver to the purchaser..
cova villa - 99% segi students, almost everynight there's trouble make by the students. the building is very bad maintain by devloper.
Cova Suites - only 1 full time management staff allocated by andaman, only allocated 5 security guards per shift to man the area. the size of the ramp to car park is extremely comfrotable for small and medium size cars to drive up.. SUV and larger car will have prblm. security card system (3 tiers security) since Jan 2010 until today yet to deliver.

all are empty promises!!!