Only studio and bumi lot available.

Bought a unit, signing S&P next week. Wondering those who bought earlier, when was the initial completion date for this project? I'm pretty sure previous banners hung over the property couple of months back written completion by Aug'14. But now it says CCC by Nov'14.

Ques is, in S&P, which correct completion date shud be stated therein? Say i signed S&P this month, can the developer push the completion date say Jan next year? Coz if they can simply push deadlines, Im scared the actual completion date can be extended for God knows how many times more and the developer wont be liable if purchaser wants to claim for LAD.

Need help!

This post has been edited by nyck: Oct 11 2014, 04:37 PM

what's your concern? if u sign SPA next week and usually stated 3yrs for completion. after that start to count lad..

So, if i signed next week and it says 3yrs for completion, will it be 3 yrs from my signing date or from when the project started?

My concern is i believe when all documentation perfected, bank will disbursed about 90-95% from my loan amount (estimation). So i have to service the interest the following month since got no dibs. So, im scared if developer can simply push deadline and i have to bear the interest servicing. Im renting now, so i need to adjust my monthly expenses as i hav to pay for both rent and interest later.

So i just want to know whether the developer will be liable for LAD for tail-end buyer like me? Shud i buy it now or just wait till about 1 month to CCC baru signed on the S&P? My first time buying a property, so no idea at all how all the date on S&P works etc..

Bro, it is stated clearly in the S&P. For those early buyers, the S&P was stamped 3years back.
You just signed your S&P, means the LAD will probably not affect you, because you just purchased it.
Even if developer handover late to buyers, LAD will only be applicable to those early buyers.
Like you said, tail-end buyers like you will not be entitled.
LAD clause only activates 3years from the S&P stamping date.

You buy late, you less risk, cos you saw the end product (almost CCC soon).
But at the same time, no early bird discount, no DIBS.
One more thing, the developer is not dragging to handover or anything.
If not mistaken, the handover date supposed to be March2015.
Completed in Aug2014 is developer finished construction, CCC in Nov2014 is to get all Bomba and Syabas clearance.
Give and take.

This post has been edited by Calculator2013: Oct 13 2014, 10:36 AM

Hi there,

Mind to share the size of the unit and selling price here? Thank you in advance.

Ic..Ic..

I havent got my S&P yet coz developer's lawyer is in the midst of preparing it, so im totally clueless.. But thanks again for the info!

left with only studio unit 511sqft.. my last visit, only bumi units are available.. but according to my agent, few units been re-opened due to rejected loan, but not sure whether bumi or non-bumi.. u can call this num 013-9980009 (Jane F3 Capital) to get more info..

can they get CCC in Nov ?.i doubt so...
plus now syabas also not enough water....many developers facing problem... have to wait

I just put booking fee last week. The sales girl says if loan ok, I'll get my keys on Feb '15.

Left less than 10 units. Got 15% discount.

Bump to another owner who bought in Aug last year. Already paying for masuk electric and water.

Pass thru the building, their seems clearing up the path way already.

So far so good....

Congrates on your purchase.

Good to see Sri Gombak prosper further with this development. it has been my hometown since 1981..

How many biji you bought, bro?

Oh Feb'15 baru VP? Aiya, when i did my booking last month the salesgirl said by end of this year dpt kunci.. Haih, if next year, sure tak beli coz cannot move-in from my current renting apartmnt. Kena service 2 monthly commitment now, rent and service interest till Feb.. Bugger! 😡

Congrats on your purchase!!

didn't invest in this...but stayed in Sri Gombak from small till graduated. Nice development nonetheless.

just called.. only studio unit available.. hmm

access is very bad. sorry to say.

You have 3 main access points for in and out which i tink is pretty neat.

1st from sri gombak main road, tru prima sri gombak shops (traffic lite) or normal junction without traffic lite about 10metres away.

2nd from the industrial factories directly into/from MRR2.

3rd from MRR2 exit.

Traffic during rush hour is not bad also, moving la.

Agent start to call already. Countdown to VP begins?

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