It has been extended to 99 yrs. I saw it written on the snp.

congratulations to all X2 buyer

wat happens after 99 yrs?

U r not here anymore, ur anak cucu sell it

hahahah yea... not realli my concern..
jus my mom got saico by fren say leasehold suxx etc. etc.
nex morning come n ask me all this 99yrs thereafter thingy.. .. zzzz
so jus ask lo ...

Visited the site this afternoon. Land was cleared, start piling now.

sounds very fast........

very good dev...

This post has been edited by WLP3234: Aug 14 2011, 12:26 AM

Normally the residents will be able to renew or extend the leasing period by submitting the application to the state government. By be prepared to pay a premium in that case once the application is approved. The premium will base on a few factors like the and size, market value per square feet and the lease tenure period. So bigger land and longer leasing period will cost more in general. However, the owner can also appeal to lower the premium if he/ she feels that it's too high. Overall, you have to fork out some money to secure your home sweet home. If the tenure expired and the owner doesn't renew it, the land will be reverted back to the state government and be available for anyone to apply for its new ownership - it is on the lease again.

The max of the lease period the state government is able to lease is 99 years which takes effect during the date of the registration of the title. Apparently the max of 99 years is determined by the National Land Council and the state government will have to follow that. That's why we always see 99 years or less leasehold property but not more.

Yah, also interesting to note that in UK, the lease is often 999 yrs.

just want to share with u all
new buyers pls put your name here tq

-------------------------------------------------------
X2 name list
name ...........own stay/invest ............current location
1)neutronX - own stay - Puchong/TPP
2)wolverine_lim - own stay - Puchong/mutiara indah
3)Ordinary83 - own stay – Puchong/Bandar Puteri
4)Louisann - own stay - Puchong/puchong prima
5)MachoDog - invest - Puchong/Bandar Puteri
6)ex660 - own stay/invest - USJ
7)Tai Ka Cheh - own stay - Puchong/Bandar Puteri
8)EmiT - own stay - Kota D'sara
9)xyzxyz - own stay – Puchong/putra perdana



This post has been edited by neutronX: Aug 14 2011, 07:07 PM

Just managed to sign the S&P this afternoon and the leasehold years has changed to 99 years ! As per what i know from the lawyer firm personnel now total had 30 ppl has signed S&P and coming soon will alot more to come ... Great Great !

Hi Ordi, how's the sale?

-------------------------------------------------------
X2 name list
name ...........own stay/invest ............current location
1)neutronX - own stay - Puchong/TPP
2)wolverine_lim - own stay - Puchong/mutiara indah
3)Ordinary83 - own stay – Puchong/Bandar Puteri
4)Louisann - own stay - Puchong/puchong prima
5)MachoDog - invest - Puchong/Bandar Puteri
6)ex660 - own stay/invest - USJ
7)Tai Ka Cheh - own stay - Puchong/Bandar Puteri
8)EmiT - own stay - Kota D'sara
9)xyzxyz - own stay – Puchong/putra perdana


This post has been edited by neutronX: Aug 14 2011, 07:41 PM

As far i know , 90% of block A has been confirm . Majority of them awaiting loan approval and the lawyer told me that started the S&P signature since last week and so far 30 customers has signed and more to come next few weeks.... Hopefully more and more good news coming ehhehe...

Thanks Ordi! reached 90%
haha hope to hear more good news too, i didn't expect the 99 years l/h and Tesco when i decided to buy one, to me this is big fat bonus emmmm.... shld i buy another one?? haha just kidding...

-------------------------------------------------------

X2 name list
name ...........own stay/invest ............current location
1)neutronX - own stay - Puchong/TPP
2)wolverine_lim - own stay - Puchong/mutiara indah
3)Ordinary83 - own stay – Puchong/Bandar Puteri
4)Louisann - own stay - Puchong/puchong prima
5)MachoDog - invest - Puchong/Bandar Puteri
6)ex660 - own stay/invest - USJ
7)Tai Ka Cheh - own stay - Puchong/Bandar Puteri
8)EmiT - own stay - Kota D'sara
9)xyzxyz - own stay – Puchong/putra perdana

This post has been edited by neutronX: Aug 15 2011, 08:54 AM

Laste weekend, I saw that the pool facing units left abt less than 10 units, puchong view maybe abt 40 units.


Haha, buy the phase 2 or phase 3 especially the one just beside the lake (for the view), SA says even higher specs than Ph 1 but price also higher.

As i mentioned earlier, the developer can build larger unit 3000sf and named it X3, the land beside the lake is the perfect place to build it.... (hello metrogen's big big boss, u can consider my proposal, remember to give me big fat discount if u use my idea )

-------------------------------------------------------

X2 name list
name ...........own stay/invest ............current location
1)neutronX - own stay - Puchong/TPP
2)wolverine_lim - own stay - Puchong/mutiara indah
3)Ordinary83 - own stay – Puchong/Bandar Puteri
4)Louisann - own stay - Puchong/puchong prima
5)MachoDog - invest - Puchong/Bandar Puteri
6)ex660 - own stay/invest - USJ
7)Tai Ka Cheh - own stay - Puchong/Bandar Puteri
8)EmiT - own stay - Kota D'sara
9)xyzxyz - own stay – Puchong/putra perdana

To Us as Future X2 Owners,

I believe most of us really impressed with this project especially the X2 size of the unit and the packages that the developer offered. I'm one of the potential buyers and will be use it for own staying.

However, there are few issues that keeps me ponder and hope any of you can help me resolve these issues as these also your issues as a purchaser .

(i) Is the proposed government school really going to build next to the X2? Can't the developer think of shifting the school at least a unit apart from X2 (if within his jurisdiction)? IMHO, I think it will drop the standard of this high end condominium and the comfort level of the future X2 residents.
Reasons:
- how tall the school building will be? Will it blocking the view for the lower storey units? Nowadays, school building might be 10 storeys high.
- Wouldn't it be too noisy early in the morning when there is singing national anthem, school song, bell ring for interchange & etc… I think people might say
you have already gone to work during that hour...but how about our parents?
- Traffic problem: school buses, students' parents that are waiting outside of the school.

(ii) I just went to the showroom yesterday. There are ±20% of the unit tags facing the outside have been removed. They said it is due to their bank loan is not approved. I'm wonder how good will the block B sales since there will be price hike after block A.

(iii) Are there any gym room provided? I'm being told there will be gym room provided yesterday but if I'm not mistaken, it is not stipulated in the brochure.

(iv) Will there be any samaritan, developers or the state government representative to beautify the lake for public usage? Any planning that anyone know of?

(v) What is the travel time during peak hour from X2 to city centre? Any ballpark figure?

(vi) As far as I know, maintenance fees is RM0.11/sqft. How about the years after that? Will we be able to maintain this rate? It will be quite hefty if it is RM0.20/sqft which is about RM480.

Your feedback is much appreciated. As we will become neighbour, let’s come & make a better place for us to live in. Cheers!

This post has been edited by vincentteng: Aug 15 2011, 04:49 PM

Welcome Vincent,

1) About the school, i agree that it is too near and shud be moved further away if possible. Maybe we can start a group here (Neutron already got a name list) and raise our concern to the dev. Mind to update urself in the list?

Yes, the total land area of these development for three x2 similar condos, commercials, school and future development is 60 acres under Samik Corporation.

2) i dun think the school will block any view as x2 hv 5 level carparks and the lowest units shud be easily higher than the school.

3) Yes, gym provided in the club-house located in the middle of the open recreation area.

4) What is outside is difficult to control and seems like only state gomen hv the power and resources to do something abt the lake.

5) I did an estimation b4 that the total collection for 660 units is almost RM200K per month based on 0.11 psf, shud be sufficient to maintain for years to come even if collection is 80% only.

This post has been edited by macho dog: Aug 15 2011, 05:14 PM

Thanks for the all the info...
Btw, I'm still in the process of waiting and choosing banks' offer. Once confirmed, I'll update the name list.
Are there any representative from TPP to raise the lake issue...if it start right now, then it will be good for all when X2 is completed.