hi guys, i noticed that the legal fee of loan documents and stamp duty for S&P & loan cost around 20k... (stamp duty of S&P takes the biggest portion)

So these fees are normal when buying a property, right? does it worth? as last time i bought my current one, every single fee is free (or included in property price) haha... as the price was cheaper last time...

so any other fees we need to pay after we pay the d/p, legal fee and stamp duties, and also the MRTA?!

This post has been edited by ah_chung: Feb 10 2012, 04:02 PM

just wondering did you guys manage to get the specifications for the units? i've asked for it, but the sa said is not available...

and also wondering why there isn't a website for Kiara Residence 1/2? very less info can be found...

hi chris, r u still looking for smaller unit? I visited sales office last friday, there is 1 unit with 1295 sq ft left at Tower 3 (facing LRT)... but I'm not sure is it still available now...

i suspect the developer has not yet got the specifications ready or the building plan approved, that's why so little info about it. however is this Kiara Resource belongs to Knox? from Knox's website, they have completed a lot of projects...

i doubt their selling point of x-tiers security, as for my current living apartment, the sales agent also promised this and that, 3-tiers of security, sky-garden, etc... ended up, only 1-tier security and not even 1 tree after CF is approved. but this very depends on the developers too. just to share my experience.

So Kiara Resource is the new player in this property development?! Knox is only consultant to it! ok, got it now... hopefully it can deliver all features stated in the sales gallery...

since the developer hasn't come out with the spec yet, should we give more pressure to them on this? haha

yes, the LRT extension work seems to be very progressive. Hopefully they can be delivered within the estimated timeline.

One good thing about Bukit Jalil, OUG & Sri Petaling is, it's still considered to be low density of population (comparing with puchong, cheras, etc), because of smaller area, less condos. However after 3 years, when most of the newly launched condos are completed, the population may just rise up suddenly and hence brings up the standards of living maybe (and hopefully). The thing i'm worrying is the traffic... the current traffic over there (awan besar traffic light) is terrible every morning as most of the cars from puchong/kinrara use that route to access old klang road/mex highway.

I'm actually waiting for the announcement of demolishing the awan besar toll, i believe this will definitely fix the congested traffic issue. Do you guys think that is possible? haha

Don't forget about the new LRT station is a park & ride concept, this definitely will draw more traffic into it.

By demolishing the awan besar toll, this can reduce the amount of cars from kinrara at least (at the traffic light), and when we drive back from kesas back to kiara, it's more convenient... hahaha

why don't you call an agent and ask? if u need 1, i can pm u my agent's number...

yes, booked 1 unit, applying for loan...

1457 sq ft one, facing pool/kesas

Good luck to all of us... haha

I found this layout is more practical if compared to those with lanai... because i seldom used lanai, and it becomes very dusty easily even after cleaning for only 1 day...

So have u accept/sign the offer letter? I was told that the validity of the offer is only 2 weeks from the date issued. For alliance, the mortgage agent told me that they are still in the midst of process to be the panel bank for this KR2...

sales should be >90%, unit left mostly are bigger units (1295 sq ft onwards)...
PMed you an agent's contact...


okok...

my uob banker told me the same thing, however she said once got the clarification from developer, she will try to appeal for 90% loan.

but on last sat, someone from developer called me, said will ask other panel banks to call me... she sounded like asking me not to go for uob (just my sixth sense)... and i hope alliance and ambank won't face this issue...

hi guys, my uob banker told me that the appeal for 90% is not successful. uob only offers 90% of the discounted purchase price (which is around 83% only of the property price)...

if alliance and ambank come back with the same result, i hv to say bye-bye to the developer...

Around 40k~ tat's why i said i hv to say bye-bye to developer...
My uob banker is quite efficient, called me within a week to update me on the status... alliance is slow because they only can submit application starting last week...

chris, thank u for the info...

xccess, the legal fee & stamp duty of loan agreement can be absorbed into the loan itself (if not mistaken is around 11k), MRTA can be optional... I plan to take MRTA only after completion of the project... other than that, i don't know any more charges (like S&P disbursement fee etc - not sure is included in SPA legal fee or not, if yes, then it's free)

Any idea why does UOB decide to approve margin based on discounted price? Bank Negara's rule or what? I can't see why they are letting go the potential customers... unless they're facing some financial problem?! could somebody enlighten me?

hi guys, my alliance banker also called me up and told my loan is approved together with the legal fee & stamp duty. but when i asked him do i need to pay interest for the legal fee etc, he said everything is free during construction period wor... so it depends on the bank or?? a bit confused here...

we understood the differences (legal fee of SPA & loan)...


yeah, puchongite-gor & chris-gor are right. i called my sa to clarify. he said developer only paid for progressive interests, the interests for legal fees etc are borne by ourselves...

This post has been edited by ah_chung: Mar 19 2012, 12:16 PM

Ambank seems like very slow in processing... i am going to sign the offer letter from alliance bank tomorrow... Xccess-gor, has alliance bank come back to u with an offer?