So how many units did u grab?

I'm looking for neighbour.....

me too

You bought a unit in pentas 2?

yeah baby...

you?

I found my first neighbour!!!!

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Added on October 7, 2011, 7:12 pm The current rate of 5% on real property gains tax (RPGT) is not effective in curbing real estate speculative activities. If not controlled, it will put pressure on the price of real estate. In the long run, it will jeopardise the ability of the low- and middle-income groups to buy houses. To overcome this concern, the Government proposes the RPGT rate be reviewed. For properties held and disposed within 2 years, the RPGT rate is 10%. For properties held and disposed within a period exceeding 2 years and up to 5 years, the rate is 5%. Properties held and disposed after 5 years are not subject to RPGT. I am confident the revised RPGT rates are low and will not affect genuine property owners and will curb speculative activities.


Source: THE STAR

This post has been edited by Lionking1900: Oct 7 2011, 07:12 PM

Hello neighbor!

You bought intermediate or corner? Near the lake?

Hohoho....intermediate, facing the lake. How bout you?

phew.....my loan got approved finally and i can sign the SPA now.

10%RPGT impact in the 1st two years (from SPA date) is not significant....

lucky two years. i cuak also.

uncertainties are partially but not fully removed...gd enuff for some breathing space

I also duno good or bad. half hearted measure to me ... sumo 100% loan till 400k ...........

Does booking the units required rm25k? Sign s&p terus ah? Can I just pay some for booking fees? Any can advise?

No d/p upon booking but need to sign SPA within 7days. 25k is required during SPA signing. the balance of 10% has to be settled within 60days from SPA signing.

What will happened if you have signed SPA but loan didnt get through??

Next Monday Pentas 2 advertisement on newspaper

On Thursday I was in sales office, saw 2 Englishman talking to a few I&P management staff (not SA), they were discussing the location of the international school, a piece of land has been allocated for the purpose, discussion still on. I managed to take a few photos.

This post has been edited by UFO-ET: Oct 8 2011, 02:50 AM

Before the S&P forwarded to I&P - FOC
Forwarded to I&P but before stamp - RM500 - RM1,000
Forwarded to I&P and stamped - 1% of your selling price

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Added on October 8, 2011, 7:58 amHi will-might-be-my-new-neighbour, I signed the S&P and loan still in process.... Hehehe....

This post has been edited by Lionking1900: Oct 8 2011, 07:59 AM

Haha... I did the same also. Sign s&p and loan still in process. Luckily, one bank already approved my loan

Bought intermediate also but facing the main road / longkang!!!

How did u get the unit facing the lake? Must que like 2-3 days before the soft launch.

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Added on October 8, 2011, 8:37 amFirstly, Bye bye to your rm25k! Secondly, I&p can take legal action against you...

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Added on October 8, 2011, 8:39 amCongrats! Own stay or investment?



This post has been edited by ReVolVolution: Oct 8 2011, 08:39 AM

Just to recap abit, you still can get back your RM25,000 but with deduction as I mentioned above.

The units facing the lake is damn hot units! Hehehehe....

Hmmm... Get back the rm25k eh... haven't encounter yet or heard about it. Hope it's true too

Yeah.. The units facing the lake will get the afternoon sun.

Btw, I was talking to the sales people there and they said they can't guarantee whether it's a lake or not coz they have not submitted the plan for mpsa's approval. If it doesn't pull through, then they'll just make it as a playing ground.

Anyway, this is from discussion from the sales people there.

Dunno true or not.