only grills? look likely ..can use the penalty to renovate the whole unit.

Anyone receive letter from bank stated need to pay for the latest fire insurance ? I received final reminder for this letter. I called developer Ms.Theressa last month regarding this matter, she asked me to ignore the matter, but how can i ignore this matter, if i / developer did not pay it, there is a penalty fee right ? I need advice ...

Call up the bank and tell the person who is in charge the prop is still in development. No building cover what fire?

These fellas just use standard template for both new development and subsale.

this is a common mistake by banks.
just inform them that this is undercon and that shall suffice.

how is the progress now? building to which floor now?

Yes, i called up ambank they keep asking me to get the renewal insurance copy from developer, otherwise they will auto debit our loan amount. help me !

You took up loan from ambank?.. went through nightmare with all sorts of problem dealing with them before and finally rejected their loan offer. bad personal experience.

Could you tell us the story ? i am very regret to took the loan from ambank. very problematic ! What a nightmare. I shoot the bank and almost raise issue to bank negara, luckily bank admit the mistake, i will forgive this time

hi helen, i never receive any letter from bank stated need to pay for the latest fire insurance. ambank loan taker also. mind to elaborate more about the fire insurance?

so now they admit its their mistake and no need to pay fire insurance anymore?

has been a long time since the incident.bank said loan already approved, so i signed the LO with the lady agent,she came to my office. To get the free ipad, u have to sign the LA within a stipulated time frame but no news of the LA after long time.i called the agent so many times buy she refused to pick up my call.i called the bank,then they pass the call here n there until i spoke to the agent's manager.the manager also beat around the bush. they say quota already full for this project and need to get approval from one big 'datuk'.they said should be approved next week. the following week, i called, then they said another 1 more week, then another 1 more week,1more week .........and it dragged longer. i already signed the LO, SPA already, and now they said quote full and must wait.finally i just rejected their loan. this is a very long story cut short. today, i forgot the incident already but it was nightmarish dealing with ambank.

This post has been edited by abhipraaya: Jul 12 2013, 11:07 AM

I received the same letter from Ambank too, saying that this is the final reminder that the insurance policy/certificate covering the abovementioned property will expire on the said date.

I think i have to call Ambank as soon as possible also to avoid any charges.

Omg this Ambank really troublesome.

i just called to Ambank and that guy asked me to call to developer to get the renewed insurance policy and fax it to them,is this what you guys do?

hi Helen,could you please teach me how you settle this issue?Because i made a call to Ambank and they asked me to get the renewed one from developer and fax it to them, so should i follow what the Ambank staff said?

Btw,anybody know Jaya Megah office number?

i complaint to amassurance-general@ambankgroup.com & customercare@ambankgroup.com- ask them to check-

buyer should not receive such reminder letter from the bank till the house is completed.

you must as bank to liaise with developer for the renewal policy instead of buyer.

Don't contact customer service, they dun know everything about loan. you better write in black and white as a proof. in future you can take this email for future use.

tq helen. lets said the still renew the insurance, how much it will be ?.

Last year they billed me RM 260 stg, i made complaint till i get ins. policy from developer. Then bank will reverse back once i show them the fire ins.

Thank you very much for helping. I email them already and waiting for their reply, hope they have good news for me

photos taken yesterday

Yay, got the reply from amassurance-general@ambankgroup.com,ask me to ignore the final reminder.Thanks!

thanks.
hated the fact that they use sand bricks instead of clay even for external walls.
sigh.