Chinese said 羊毛出在羊身上.
DIBS will cause the selling price mark up about 4-5%. IF you want to know the base price that developer gets, use the SPA price less 4% less 7%rebate will derive the actual price per sqft. NO magic.

Anyway, DIBS is good for investors and young ppl who do not want to commit too much these coming 3 years. For solid financially good people will prefer not to have DIBS as they borrow less and the interest during construction is not high compare to those who borrow to the highest margin.

Smaller unit normally easier to sell and the response is usually good. So the price per sqft normally higher.

still dun like condo...from car park to your unit...too far to walk....more so when you need to lug shopping or work files from office....
summore got to wait n wait for lift....very sians! and no privacy.......(from carpark to your unit)

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Added on November 19, 2011, 12:04 pmbecause one is not paying anything until completion, it's very easy to get "comfortable" during the honeymoon period...

no problem with pricing.....with or without dibs, it's merely a cash flow issue....not pricing....

This post has been edited by BEANCOUNTER: Nov 19 2011, 12:04 PM

Breaktank is not an issue. Only purchasers thought no good. Breaktank is because the building is above certain height they need to have breaktank to ensure enough water pressure. It will generates sound and vibration. Normally developer will hide nicely and have wall to absorb the vibration.

Tips : unit on top of breaktank no big deal. Unit below breaktank may have vibration unless developer locate one vacant lot below breaktank.

To me break tank is definately an issue. How to guarantee that developer going to build nicely wall that absord vibration and noise from water pump room. It is better to avoid units below, above and beside the room. Unless u die die also want to buy the condo and no units available or developer give u alot of discount. Otherwise ... avoid it .. U can buy it if u like a noisy neighbour.

i just went to the launching today, the price is around 470 psft now after discount at 20floor, bcs all sold out.. zzz
410psf already sold out..

You are right to avoid if possible.
My friend's condo in BU next to breaktank completely ok because her unit like exclusive with less neighbour. Developer also put good wall to absorb sound and vibration. Totally can't feel outside.

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Added on November 19, 2011, 3:47 pmafter discount 470 means before discount above 500/sqft?

This post has been edited by sweety9797: Nov 19 2011, 03:47 PM

410 is big units also sold out !!!!!!!???

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Added on November 19, 2011, 4:20 pmIf the unit is same floor but 3 units away, will it be any effect?

This post has been edited by STLin: Nov 19 2011, 04:20 PM

Noise less and vibration less pump and great wall maybe ... high end condo?

I think as long as not share wall should be fine. U bought one?

block A price gonna be much more expensive ,i guess...any one knw whats min price for block A? any idea?

Yes, bought 1 today, hopefully it's a right decision.

I went to launching today too....estimated price after discount 450psft ....Block A much more expensive.....first look all above 500psft before discount.... small units 1162sqft not much in fact....maybe less than 10% of total units ... all sold out.

2 types of packages:
1. 7% discount upon S&P price. must pay 10% downpayment.
2. 5% of downpayment.

Almost bare units with not much freebies .... show unit id not impressive....unit layout design ok....facilities only sand beach is uniqe but quite costly to maintain....

2 parcel of land beside condo is uncertain of the future development....

This post has been edited by Guppy11: Nov 19 2011, 05:29 PM

Bought 1 today for 139x sqft
The SA told me the calculation
Selling price less 2% to get spa price
Then spa price less 5%
not more different with direct less 7%
But for this need to come out more down payment.


Before i go i think the calculation will be like that
651800 - 7%(45626) = 606174
Down payment 3%= RM19554
Deposit -------------- RM10000
-----------------------------------
------------------------RM9554 (Balance to pay)


When filling the sale form only i know the calculation
651800 - 2%(13036) = 638764
638764 - 5%(31938.2) = 606825 SPA price

638764 -> 10% = RM63876.4
Discount -> 5% = RM31938.2
Deposit-------------RM10000.0
-----------------------------------
----------------------RM21938.2(Balance to pay)

Any idea wht's the maintenance fees per sqft??????

22cents (maint+sinking)..stand corrected The 7% discount can apply either towards lower downpayment or lower SnP price..

No issue. Other ppl may think it is an issue.
Even 1 door away also no issue.

Westerners are at an all time low..china's the new global economy..of course use chinese name le yuan la. Got christian name also dont use lorr better use cina name

hows today sales,any one going today?

there are lots way on how they located the breaktank or pump house. Some even put together with the refuse chamber. Need to study the floor plan. however if one do enuf study, u can get premium on the same floor as units per flr is less.

Nowsaday, the pump is small and u hardly get any noise

How much the legal fee and stamp duty for SPA, and bank loan?

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Added on November 20, 2011, 9:39 pmnot much people when i was there at morning time.

This post has been edited by leyuan118: Nov 20 2011, 09:39 PM