Been to the actual site already far in at the end of the road is Tmn Raintree by Primera. 2 rows of townhouses and 2 blocks of Condos. Nearer down the road is an old Apt called Anggerik by the same dev. Next to Amara is some low cost apts/flats. Anggerik is currently getting about Rm700 rental if not mistaken.

Pro point:
-220psf good pricing
-freehold
-full condo facilities
-near KTM, near Mrr2
-0.18sen MF (but can be revised in AGM later if not sustainable)

Con:
-YTL cemet's depo right in front
-Noticed a lot of trailers parked at road side waiting for depot
-1 road only
-high jam during thaipusam fest

Anyway, the price is good considering for own stay. Rental not sure got catchment? Raintree has a mixture of Malays, Chinese and Indian owners.

Locked 1 unit Type H Blk B 16th Fl. 221k after all disc with DIBS.
Problem is I got an outstanding OD of 40k (used by old man) tied to 1st home although loan fully paid. Therefor, might only get 70% loan... 2nd prop will get keys soon...

Any sifu can gimme some light of how I can over come this? Shall I settle the OD and clear my name (Prob took 1 month) or pay 30%dp or draw fr EPF? I can't decide which to use?

I think at some time ago, I did asked for interest revision and the bank gave it a package with the OD of 50k. Asked before, said it;s tied to the HL. Damn....

Guys, I went to the sales office this morning. Saw on the board Block B and C smallest unit highest floor still have. mid floor lvl 18 also got. The SA said the discount still got. Why they said Sun last was the last day of dsicount??? Not convincing though.

Prob about RM23xk gua... Call their office to ask la. i noticed 1 thing their sales strategy. Block B-8-13A starts with Rm219k, B-9-13A 249K, B-10-13A 250K, B-11-13A 252K....??
There are only 2 units of 829sf with Rm219k. Theres a big jump of price from 8fl -9fl of abt 30k, then 2 k subsequently. Very difference leh... anybody can elaborate?

Guys, anybody still pending loan approve? CIMB giving 90% but no DIBS. Ambank's quota full, but opening new quota.
My due date to sign LOn SPA on 11/7/11. AmBank so slow. SA promised can know status on 4/7/11, but up till today no answer...
Anybody in same boat? Is CIMB without DIBS a good take?
CuteAlex and guys advise please....
No Ipad 2 for sure...

Basically not. But after 30 days and further time ext, you may get terminated. CIMB BLR -2.2%. Alliance not approve altogether. PBB giving only 85% loan only due that dev never inform their package have 5% discount. OCBC not doing, said quota already full, ot opening new quota anymore. That time Bank Islam not in panel.

For investment. Bought it during launch. Earlier, I had to settle my first house in order to get 90% loan for this. That took about 2-3 weeks for the redemption. Applied Alliance, Ambank and CIMB. Public only give 85% and OCBC full quota, closing shop there.
Then, Alliance rejected my loan totally. CIMB approved as mentioned, but no DIBS, can;t lump loan agmt fees in loan. Anybody who applied CIMB and chosed DIBS and later denied the DIBS package? SA of KIM said it's not supposed to happen without DIBS as they are in the panel. Said to check, but no feed back.

Ambank's SA said no problem earlier. Last last said many excuses and quota full, pending approval.

Many said with DIBS better, but in CIMB's case, need to fork out 4% + loan agmt fees. It's heavy.
AmBank can inc loan fees, but gotta wait n see until quota re opens... If approved, just fork out 4%.

So, in this case whereby time is limited til 11/7, shalll I sign the SPA first, and wait for the Ambank's result?

Alex and guys to advise.

Wah! this Bro very clever in investigating ppl's background.

A is a tragic story la....
B is great. Will rent out and wait inc value. Or own stay later.
C hope this one will be turn out great.

Yup, lower loan amt, go for non-DIBS as in your case. If taking 90% loan, then get DIBS. More ppl getting DIBS, dev will sure build fast-fast. But, I assume it can't be completed in 2 years, unless they r as strong as First Residence. If can, then that's a bonus. In my case, DIBS is better, but need to cough out a big chunk. TS need reno also...

CIMB just called. Said buyers mostly take the non-DIBS (can incl loan agmt fees inside loan) due to lower entry (pay 1%). Those taking DIBS cannot lump in loan legal agmt fee and need to top up another 4%. each has their points. However, CIMB giving onyl BLR-2.1 rate... Out a bit from other bankers... Dunno when Ambank can unlock the quota again. One banker said, "No problem, can approve very fast one as ur rec are good." To be honest, the banks say it all. After a week said oh, quota full, cant do anything. Just left us hanging in the mid air.... What to do, they hold the $..

Well, the tactic is to use the ipad2 in order for the purchasers to push the bank to come out with the loan. In the end, the purchasers and bankers r the ones panting for air. Ipad is not a matter to me since day 1.

I'll get the LO first, then sign SPA, then wait. The legal office is just near.

In the meantime awaiting for LO and approval from banks, SA of Amara suggested that I sign the SPA first. Stil got another 2 weeks to chase the approval. Hope the bank extend the quota ASAP! Should be ok to sign the SPA tmrw.

The top SA said that the dev will go full speed ahead to complete it in 2 years. Judging from the design of the building, which is not very high and spread out in a long layout, at least 2 tower cranes need to be erected. Space for storing building material is fair enough, just like the First Residence's layout design. No working hours curfew as it is not near to high residential areas or hospitals around. More importantly, it all depends on the cashflow and project management of the dev. DIBS scheme factor will also propels the project to complete ahead of time. Faster = good!

This post has been edited by Oaks: Jul 13 2011, 10:21 PM

Alex- I No more bullets ald.... Any aims to recommend?

Those who take CIMB loan will not get TAK. They do LA for all except CIMB's. Cheers... Will sign SPA today... Still waiting for AmBank's loan apprv. Meantime, apply OCBC also as found out there's 1 slot for the loan quota. hope this one can apprv in 1 weeks' time.

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Added on July 15, 2011, 2:04 pmIt;s near to the river. Just wondering the soil condition. A month back saw ppl doing soil investigation. Dunno how's the report?


This post has been edited by Oaks: Jul 15 2011, 02:04 PM

Nah, site clearing is not affecting much the work. Only when the foundation and pilecap stage rain is the problem. Wonder what kind of pile they use. Borepile?

Guys, many compared Amara to another nearer project Sentul Prime. May we know your viewpoints? It's a commercial title, rumored Tesco is anchor tenant. Located just near to One Sentul. Price about 305 psf. studio, soho style.

Good point. Well, to sum it up, there are more of good reviews than bad reviews for this project. One main attraction is the free 2 car parks. Now only my friends interested to buy after appreciated so much.

Alex- human nature to compare here and there mah. For the next 12 months, I don't see myself looking at new launches lor, unless I strike 4D.

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Added on July 20, 2011, 12:48 amYes! Lucky strike. Initially, their quota was full earlier, a impromptu call last week, there was 1 slot open due to cancellation by someone. OCBC approved my loan today. 90%, BLR-2.2, MRTA 5 years, DIBS, loan legal fees financed... Better deal than CIMB. And they are fast too... details submitted on Fri, Tues got results. Good job OCBC!

Anybody get OCBC here?

For sure will get lawyer TAK with less fees than TAM. The lawyer's office is just below my condo. So convi. LOL!

Alex- Which bank did you get? By paying the legal fee by cash btr or finance inside loan btr in order to get a discount on the fee? Any experience on this?



This post has been edited by Oaks: Jul 20 2011, 12:48 AM