Guys.

For Amara. It is depends on your loan type, which is DIBS and Non DIBS which is optional when you purchase.

For DIBS, developer would not absorb the finance MRTA interest. It is you either pay yourself into your Home Loan Savings Account or, developer pay behalf of you, and you need to pay back developer.

Some letters mentioned as above, kindly take a look whether the letter is address to you to request such doc or the letter is address to bank/other solicitor if Non DIBS and cc copy to you.

Yes. It is correct for a normal DIBS scheme agreement btw banks and developer.

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Added on February 29, 2012, 10:34 pmThe developer should issue u guys the billing by write in via post or email.

Any query should goes to the developer, should not Kim Realty bcz most of them are too young and only a REA to sell on behalf developer.



This post has been edited by Chris Chew: Feb 29 2012, 10:34 PM

The developer got mention when they deliver the ipad as promised?

Seems they even never mention which ipad.

Actually you spoke the right issue ...

My friends, the bankers, told me this project has a lot of young buyers and investors, and most of them buy this just because of affordable pricing, discount and somemore got FREE iPad ...

I can't imagine what is the sales value if there is no free ipad given ...

If all condo no discount or DIBS, I think most likely 99% of these launches would hardly reach 50% sales in 3 months time ... except those SOHO or Studio price point below RM 300k ...

I personally admit, I quite prefer to enter project with DIBS and 5-7% discount ... Yes, I prefer lower capital for lower entry as long as i feel it is a good buy and good location ... but DIBS value had been projected into purchase price by estimated 4.5% to 5.5%, so, it can curb a bit of the speculators of the higher price point ... same goes to 5% or 7% discount, which projected into the S&P price as well ...

Free air-cons and cabinets might interested me, but not iPad ...

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Added on June 4, 2012, 11:39 pmIf all condo no discount or DIBS, I think most likely 99% of these launches would hardly reach 50% sales in 3 months time ... except those SOHO or Studio price point below RM 300k ...

I personally admit, I quite prefer to enter project with DIBS and 5-7% discount ... Yes, I prefer lower capital for lower entry as long as i feel it is a good buy and good location ... but DIBS value had been projected into purchase price by estimated 4.5% to 5.5%, so, it can curb a bit of the speculators of the higher price point ... same goes to 5% or 7% discount, which projected into the S&P price as well ...

Free air-cons and cabinets might interested me, but not iPad ...




This post has been edited by Chris Chew: Jun 4 2012, 11:39 PM

Very agree to the above ...

But anyhow, RM 245 psf after discount, I seriously say, It was a damm rare deal nowadays ...

For the facility of Amara given, I think RM 245 psf is damm cheap ...

95% of the current condo launches are RM 400 psf onwards ...

+1 ...

I gotta stop bcz of the stupid LTV 70% ruling ...

RM 500 psf is the mass market in 1 or 2 years time, actually it is damm near it ...

But anyhow, depends on location, scale of development, facilities and size of the units ...

If btw 1,000 - 1,300 sq feets with at least 3 bedrooms, then probably ... bcz most of this size and layout condo, it was cheap cheap RM 450k and above ...

By next year, middle of 2013, the price point would reach abt RM 550k and/or above ...

Bigger size of 2,000 sq feet onwards, most likely need some holding power ...