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 Kiara Residence Phase 2, Bukit Jalil or OUG New Development

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ronn77
post Jul 9 2012, 11:50 AM

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85% sold before SNP signing consider as good sales. Another 15% will be easily dispose off on slow pace and definitely will fully gone when the LRT completed soon. No worry on this as it's common for huge units will be taking up slower and gradually.
ronn77
post Jul 9 2012, 01:50 PM

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HLB just call me to approve 85% with 30 years tenure without mrta.
Loan legal fees can be finance together.
Do you think I should take this offer?
Also for loan legal fees is approx RM10,000 , anyone has accepted the LO and negotiate with Sng & CO for some discount?
ronn77
post Jul 9 2012, 02:29 PM

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QUOTE(Chris Chew @ Jul 9 2012, 02:20 PM)
Hmm. Not a bad offer. But u take 30 yeaes tenure only?
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I wish can get 40 years if possible but for HLB either max 30 years or 65 years age.
You know my age so both the option makes no difference to me.
Most likely I will opt for HLB for this one, lazy to find cute chicks to serve me.

By the way, I got a better offer fm not chun chicks instead of chun chicks so no chance to make them explain LO again and again mad.gif

ronn77
post Jul 10 2012, 06:34 PM

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QUOTE(tmc @ Jul 10 2012, 04:08 PM)
Bro ronn77, I heard everyone entitled the same level of discount. Is your RM10k a discounted price or before discount ?
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I duno la bro, this fees was estimated by my banker based on purchase price.
How many % of discounts we get fm this lawyer?
ronn77
post Jul 11 2012, 02:03 PM

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Yo guys, anyone want to create v2 for this thread? Already very long....

Xcess bro, u going for drinks today. Too bad still stuck in office as need to attend anti-trust meeting at 3.30. Find one day we go for chu yoke fun ok? Can ask Chris and MGG join together.
ronn77
post Jul 12 2012, 11:21 PM

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Today WCT agent calling me again checking if I had finalise my loan. According to him, SNP should be around the corner, within 7 - 10 days time as they need to finalise the confirmed units with loan facilities. Well, looks like it should be real soon this time.

Anyway I signed my LO today, so now can sit back and relax thumbup.gif

This post has been edited by ronn77: Jul 12 2012, 11:22 PM
ronn77
post Jul 13 2012, 01:53 PM

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QUOTE(Chris Chew @ Jul 13 2012, 09:40 AM)
Congratz Bro Ronn.

Yeah. Its done soon. The SPA lawyer and developer are finalising the schedule and other terms and con like freebies stated.
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Yup bro, this time they really started to speed up the SNP process. Once SNP signed, the pace of this project will be like KR1, fast and furious thumbup.gif

Anyway wish that the developer could give us some good quality or probably some surprise in freebies.
ronn77
post Jul 13 2012, 03:02 PM

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QUOTE(tmc @ Jul 13 2012, 02:47 PM)
In the other forum, one buyer was told by the SA that the developer will be giving double glazing windows - to be comparable to Trinity Group which gives that to ZR buyers.
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Nobody knows what the developer will give unless if he's someone attached to the developer. Anyway for me personally I feel they should provide all units with double glaze glasses since this project located close to highway and this requirement is mandatory unless if the developer really screwing us for extra profits which I think they shouldn't do it at this stage when they just wanted to build their profile as one of prominent developer.
ronn77
post Jul 14 2012, 09:32 AM

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QUOTE(Kagawa26 @ Jul 14 2012, 12:45 AM)
i going to book tml...
SA told me SPA is mid Agus..
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So which type of unit you going to book?
ronn77
post Jul 14 2012, 12:47 PM

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QUOTE(Chris Chew @ Jul 14 2012, 10:38 AM)
Probably Kagawa bro looking at Type C ...

Bcz not much good facings units of Type B left but there are some for Type C.

Unless Type A with double lanai ...
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I believe developer still left quite many big b/u units with huge lanai. They should price those units cheaper in terms of psft compared to normal size to attract buyers, like how Sunrise did it with it's Arcoris, MK.
ronn77
post Jul 14 2012, 06:32 PM

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QUOTE(Xccess @ Jul 14 2012, 02:46 PM)
If they can't sell it, they can covert the entire quadrant into either Disco, SPA, Cinema, Minimart, Restaurant etc rolleyes.gif  rolleyes.gif  rolleyes.gif
I'll go with SPA anytime....hehehe
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Well bro, you mean which type of spa? Clean or with extra service one? brows.gif
Next time bring me to learn learn yea...me still very green in this field smile.gif


Added on July 14, 2012, 6:34 pm
QUOTE(Chris Chew @ Jul 14 2012, 02:36 PM)
Type C with double lanai not much left. Most of T3 these units belongs to directors ...

In terms of pricing, these units is estimated at RM 430-435 psf, i also agreed that the developer should give more freebies but not lower the pricing ... The additional space of 150 sq ft at masternedroom lanai cost too hefty at ovrr 60k...

But wat impress me would be its view ... It going to be very breezy and excellent view at btw 26-30 floor, very tall enough ...
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60k for 150 sft cost a bomb which can be well spent on renovation and furnitures. I wish if they could priced it lower like 150 sft for 20-30k so to make it more attractive than normal units which I will queue to grab one smile.gif

This post has been edited by ronn77: Jul 14 2012, 06:34 PM
ronn77
post Jul 16 2012, 10:46 AM

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Guys, just wonder if anyone able to get above BLR -2.3 for this loan?
ronn77
post Jul 16 2012, 11:59 AM

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QUOTE(Chris Chew @ Jul 16 2012, 11:35 AM)
If anyone gets better than BLR - 2.30%, he/she must confirm with the banker bcz this is DIBS project and any rates espcially for first 3 years, must acknowledged, agreed and accepted by the developer.
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So far nobody able to get above that include myself.
Probably will request for rate reduction after completion.

ronn77
post Jul 16 2012, 02:40 PM

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QUOTE(Chris Chew @ Jul 16 2012, 01:29 PM)
Yeah, but after 3-4 years, during the time of VP, we need to know what is the market rate by then ...

Or else, we can refinance it to better rates since the lock in would be expired upon VP or few months after it ...

rclxms.gif

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Yea, refinance for better rates + higher market value too thumbup.gif
ronn77
post Jul 17 2012, 07:51 AM

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QUOTE(MaiGehGeh @ Jul 17 2012, 12:04 AM)
dia pun tak remember brp biji dia ada.....so u guess....
dia sini 3 biji sana 5biji situ 4 biji belakang 5 biji....mcm mana nak ingat brp biji ada?
sentiasa bawa ialah 2biji. <--- this one i definately know!  laugh.gif
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U nampak that 2 bijik kah? laugh.gif
ronn77
post Jul 24 2012, 10:35 AM

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QUOTE(Kagawa26 @ Jul 23 2012, 09:45 PM)
Chris gor, i bought the type B facing to lrt...type c out of my range edy...
but developer has not make up their mind on a lot things..car park lot position, finishes..
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Congrat on your purchase bro.
For own stay or investment?
ronn77
post Jul 25 2012, 09:10 AM

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QUOTE(Kagawa26 @ Jul 24 2012, 09:48 PM)
my original intention is own stay, but this development has a good potential of investment....Z residence ,treez a..but a question to ask tai gorss, does the lease hold as a concern for investment??
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LH or FH used to be some concern but not a big issue for nowadays market. The only negative I can think of is it takes longer to transfer the property to new buyer when you decided to sell later. As some people may worried of depreciation in value for LH property, govt is willing to extend the lease for all properties in future for a small premium. Even if your house located at FH land and if govt decided to takes away the land possesion for future development or infrastructure, nothing much you can do as they will compensate you based on your current property value. So in another words, you are not fully protected despite bearing FH or LH title.
ronn77
post Jul 25 2012, 06:35 PM

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QUOTE(tmc @ Jul 25 2012, 05:17 PM)
In the other forum, someone brought up an interesting point.

The lock-in period is counted from the first drawdown, and so even for people getting 90% financing, the lock-in period is not yet ending at VP. Worse then for people getting 70% financing, and it is estimated to be about 1 1/2 year after VP. With the fact that all of us are getting BLR-2.3%, we are all tied to paying higher interest to the banks. You could either break the lock-in, pay penalty and flip, or wait for lock-in to be over then flip or refinance. None of these are working towards the advantage of buyers.

Food for thought.
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Yes, lock-in period commence from first drawdown which is during pilling stage. Construction normally takes 3 years for completion. How could we still stuck with another 1 1/2 year? If let say this developer is going full gear, the fastest will be around 2 1/2 years, means another 6 months to go only.
ronn77
post Jul 26 2012, 07:46 AM

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QUOTE(Chris Chew @ Jul 26 2012, 01:03 AM)
Ohh ic, is that the unit of type B, which u only able to get highest floor at lvl 5? Lvl 13A type B all sold?


Added on July 26, 2012, 1:08 am

Kagawa bro mentioned he bought Type B and facing LRT ... means Tower 3. Bcz Tower 1 and 2 only have 2 units type b out of total 16 units per flr, both were facing North / Pool / Highway. Only Tower 3 has Type B ( 2 units each flr ) facing LRT or South.

biggrin.gif
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We should call you KR2 Bible liao biggrin.gif
ronn77
post Jul 26 2012, 10:09 AM

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Guys, I just couldn't understand why so much concern of the 0.1 or 0.15% difference for the loan. Does it really leave a big hole in your pocket? Just refinance once the lock-in period expired. Even if you still stuck with another 1 year to go before lock-in expiration, there's no big deal as if even you taking 550k loan, the difference per annum on interest is just $550 which translate to lesser than $55 per month. If you intend to flip, you can add additional few thounsands to offset all these charges.

The only concern we should place is the finish product of this condo as well as the surroundings to make it one of best investments ever.

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