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 Le Yuan Residence, uoa new condo project in happy garden

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jimmywalker
post Dec 13 2011, 12:06 AM

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Still got available units?

Could anyone give me a lead here. Thank you.
makunouchi
post Dec 13 2011, 08:25 PM

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Hi Jimmywalker,

Still got units smile.gif

Block B 80% booked, left high floors for smaller units
And mid floor onwards for large units.

Block A about 30-40k more expensive
Will have more choices

Middle half blocked out for official launch.

Btw got rm5k for referral fees.

If you're interested, we can share2 smile.gif
ian.k
post Dec 13 2011, 10:32 PM

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QUOTE(michaelsb @ Dec 8 2011, 07:36 PM)
how to get the intro fee?can brief me?i do not aware of this,i have bought a unit at level 6,unit 3a.
*
Ah, your SA should tell you about the referral fee. At least mine did tell me. Maybe you want to check with your SA. Own stay or investment? ^^ cool2.gif


Added on December 13, 2011, 10:53 pmLet me try answer some questions here based on what I know and what I was told. I was a first time buyer too..so did some research and asking around. Sharing with everyone here..

1. Ceiling height is 9ft 6in as told by my SA. Not that high sad.gif

2. Water piping already done for master bedroom bath and the other bathrooms (excluding powder room + maid toilet + yard + kitchen)

3. My law firm also gives me 30% discount. Other fees all non-negotiable too sad.gif Anyone manage to negotiate the other miscellaneous fees? Mine even have a Document Fee of RM250.

4. 2 Car parks are given and extra car park can be purchased at RM25K one lot.

5. iPad given out only for first 100 STAMPED S&P and provided you registered at their site prior to the soft launch. Until today, my SA can't confirm with me whether my name is in the registration list even though I even registered 2nd time with her at their office prior to the soft launch! Doesn't sound like there will be an iPad at all.... *fingers crossed*

6. The A/C ledge as I know is at the balcony.

7. Although S&P are quite standard format, please always do read through before signing always. ^^ Hehe. My lawyer did brief me on the important points inside the S&P.

8. The DIBS only applies to the loan taken from their panel bankers (UOB, RHB, Maybank and Alliance). So far, even after signing S&P already, only RHB and UOB replied with their approval of loan. The other banks all still sleeping... zzzz

9. The developer only covers the interest during construction as well as the Legal fee for S&P. Stamp duty and legal fee for loans are borne by buyer.

10. The calculation of stamp duty and legal fees are actually standard across. You can actually find this rate online. For Legal fees, the first RM150K of the loan amount is charged at 1%, the subsequent amount up to RM1m is at 0.7%. Subsequent up to RM3m after that is 0.6%. The stamp duty is charged at 0.5% of the loan amount.

11. The killer part is also the Stamp Duty for S&P. These are paid when we collect our title. Yes, the purchaser have to pay this and it is NOT paid by UOA. The amount is 1% for first 100K, subsequent up to RM500K is 2% and after that is 3%. sad.gif Govt taxes everywhere.

Anyway, those who are interested to go book and become neighbours..hehe please PM me. UOA is giving out referral fees. We can share share oh ^^. Need to save money for furnishing jor..hehe!!

This post has been edited by ian.k: Dec 13 2011, 11:01 PM
7ienlee
post Dec 14 2011, 11:22 PM

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Wonder when's the official launch....

Anyone here gotten the smaller unit? Internal staff booked d? LOL.
tookinen
post Dec 14 2011, 11:45 PM

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QUOTE(ian.k @ Dec 13 2011, 10:32 PM)
Ah, your SA should tell you about the referral fee. At least mine did tell me. Maybe you want to check with your SA.  Own stay or investment? ^^  cool2.gif


Added on December 13, 2011, 10:53 pmLet me try answer some questions here based on what I know and what I was told. I was a first time buyer too..so did some research and asking around. Sharing with everyone here..

1. Ceiling height is 9ft 6in as told by my SA. Not that high sad.gif

2. Water piping already done for master bedroom bath and the other bathrooms (excluding powder room + maid toilet + yard + kitchen)

3. My law firm also gives me 30% discount. Other fees all non-negotiable too sad.gif Anyone manage to negotiate the other miscellaneous fees? Mine even have a Document Fee of RM250.

4. 2 Car parks are given and extra car park can be purchased at RM25K one lot.

5. iPad given out only for first 100 STAMPED S&P and provided you registered at their site prior to the soft launch. Until today, my SA can't confirm with me whether my name is in the registration list even though I even registered 2nd time with her at their office prior to the soft launch! Doesn't sound like there will be an iPad at all.... *fingers crossed*

6. The A/C ledge as I know is at the balcony.

7. Although S&P are quite standard format, please always do read through before signing always. ^^ Hehe. My lawyer did brief me on the important points inside the S&P.

8. The DIBS only applies to the loan taken from their panel bankers (UOB, RHB, Maybank and Alliance). So far, even after signing S&P already, only RHB and UOB replied with their approval of loan. The other banks all still sleeping... zzzz

9. The developer only covers the interest during construction as well as the Legal fee for S&P. Stamp duty and legal fee for loans are borne by buyer.

10. The calculation of stamp duty and legal fees are actually standard across. You can actually find this rate online. For Legal fees, the first RM150K of the loan amount is charged at 1%, the subsequent amount up to RM1m is at 0.7%. Subsequent up to RM3m after that is 0.6%. The stamp duty is charged at 0.5% of the loan amount.

11. The killer part is also the Stamp Duty for S&P. These are paid when we collect our title. Yes, the purchaser have to pay this and it is NOT paid by UOA. The amount is 1% for first 100K, subsequent up to RM500K is 2% and after that is 3%. sad.gif Govt taxes everywhere.

Anyway, those who are interested to go book and become neighbours..hehe please PM me. UOA is giving out referral fees. We can share share oh ^^. Need to save money for furnishing jor..hehe!!
*
for point 5 we should come hand in hand and complain. they can't just run away from their promise
for point 11 is it the MOT? anyone can clarify this?

btw saw some work started on the site already. so fast sweat.gif guess i can't earn the 10% LAD from developer laugh.gif
ian.k
post Dec 15 2011, 01:02 AM

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QUOTE(tookinen @ Dec 14 2011, 11:45 PM)
for point 5 we should come hand in hand and complain. they can't just run away from their promise
for point 11 is it the MOT? anyone can clarify this?

btw saw some work started on the site already. so fast  sweat.gif  guess i can't earn the 10% LAD from developer laugh.gif
*
Yes. Point no.11 referring to the MOT.

I just went to the site last Sunday.. Surprised work is fast.. Piling already started and they were putting concrete for the entrance too. I also heard UOA bought the land with cash... So i guess that is why they are trying to complete it soonest possible.

0022905
post Dec 15 2011, 09:03 AM

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QUOTE(ian.k @ Dec 15 2011, 01:02 AM)
Yes. Point no.11 referring to the MOT.

I just went to the site last Sunday.. Surprised work is fast.. Piling already started and they were putting concrete for the entrance too. I also heard UOA bought the land with cash... So i guess that is why they are trying to complete it soonest possible.
*
They are condo specialist..they will handover earlier than 36month from SPA date like Bangsar South.
Be prepared guys..

i am waiting to sign SPA and FA tgt..
cjseng
post Dec 15 2011, 10:46 AM

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QUOTE(0022905 @ Dec 15 2011, 09:03 AM)
They are condo specialist..they will handover earlier than 36month from SPA date like Bangsar South.
Be prepared guys..

i am waiting to sign SPA and FA tgt..
*
The MOT stamp fees will be RM12k for property purchase price of RM600k in SPA, the first RM500k is RM9k and subsequent amount will be 3% which is higher.

This 4.86 acres of freehold land was brought over from Sim Nam with 50mils cash. Refer http://www.theedgeproperty.com/news-a-views/7495.html

The rapid progress from them seems to be normal as this project was JV with another prime Vietnam construction company and they have intention to complete them by end of 2013 as announce during the signing of MOU:
http://biz.thestar.com.my/news/story.asp?f...98&sec=business
http://www.iproperty.com.my/news/4244/UOA-...taling-project-

As a purchaser, regardless VP end of 2013 or 2014 as long as UOA keep their promise to deliver us a tip-top quality of finishing as what they did in bangsar south as well the promise facilities especially the 3.5 acres sand beach and resort deck to act unique and also a selling point for this project. Believed if this sand beach can be nicely and impressively materialize, it will bring a value up to return those purchaser. thumbup.gif

I've get my SPA signed 2 weeks ago.
ian.k
post Dec 15 2011, 05:20 PM

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QUOTE(0022905 @ Dec 15 2011, 09:03 AM)
They are condo specialist..they will handover earlier than 36month from SPA date like Bangsar South.
Be prepared guys..

i am waiting to sign SPA and FA tgt..
*
Anyone has any idea how long it took UOA to finish constructing their condo at Bangsar South?

This post has been edited by ian.k: Dec 15 2011, 05:21 PM
cjseng
post Dec 15 2011, 05:47 PM

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QUOTE(ian.k @ Dec 15 2011, 05:20 PM)
Anyone has any idea how long it took UOA to finish constructing their condo at Bangsar South?
*
more or less 28-months if not mistaken.
ian.k
post Dec 16 2011, 12:39 AM

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QUOTE(cjseng @ Dec 15 2011, 05:47 PM)
more or less 28-months if not mistaken.
*
Wah..quite fast.. anyway, you bought a unit there too bro?
cjseng
post Dec 16 2011, 03:48 PM

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QUOTE(ian.k @ Dec 16 2011, 12:39 AM)
Wah..quite fast.. anyway, you bought a unit there too bro?
*
No deny LY progress has to be fast and smooth with quality finished as those building facade and units layout looks similar to BS condo except sand beach.
michaelsb
post Dec 18 2011, 06:34 PM

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QUOTE(cjseng @ Dec 16 2011, 04:48 PM)
No deny LY progress has to be fast and smooth with quality finished as those building facade and units layout looks similar to BS condo except sand beach.
*
anyone knows when will be the official lauching?i really wish to see how is the sales for remaining floors open to public in block a.
tookinen
post Dec 18 2011, 11:56 PM

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anyone know how many tiers of security is this project?
numbertwo
post Dec 19 2011, 09:19 AM

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for those buying the block facing MEX, this is how close the contruction site away from MEX :

user posted image
cjseng
post Dec 19 2011, 09:43 AM

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QUOTE(tookinen @ Dec 18 2011, 11:56 PM)
anyone know how many tiers of security is this project?
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replied from SA is 3 tiers security where most condo did now a day


Added on December 19, 2011, 9:51 am
QUOTE(numbertwo @ Dec 19 2011, 09:19 AM)
for those buying the block facing MEX, this is how close the contruction site away from MEX :

user posted image
*
Its around 150meters to MEX, but the construction fence did covered another 2 parcel of land which is not belonging to LY. Knowing these after referring to SPA and clarify with SA. Maybe that 2 parcel of lands were acquired by them.

This post has been edited by cjseng: Dec 19 2011, 09:51 AM
michaelsb
post Dec 19 2011, 06:05 PM

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QUOTE(cjseng @ Dec 19 2011, 10:43 AM)
replied from SA is 3 tiers security where most condo did now a day


Added on December 19, 2011, 9:51 am

Its around 150meters to MEX, but the construction fence did covered another 2 parcel of land which is not belonging to LY. Knowing these after referring to SPA and clarify with SA. Maybe that 2 parcel of lands were acquired by them.
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i think i did mentioned before the mex road is about same level as ground floor for LY. So, with minimum floor is 5 storey higher, which mex highway is definately below the view. no issue on blockage of mex highway
numbertwo
post Dec 19 2011, 10:24 PM

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is not abt view, is abt noise when u are so close to a increasingly heavy traffic on this highway.
STLin
post Dec 19 2011, 10:59 PM

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Anyone here took the loan from Maybank? How much interest rate they offer?
ian.k
post Dec 20 2011, 01:08 AM

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QUOTE(STLin @ Dec 19 2011, 10:59 PM)
Anyone here took the loan from Maybank? How much interest rate they offer?
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I applied all 4 banks and so far everyone already replied except Maybank. What i know is that their rate is BLR-2.3%. Depending on your credits, it can go up to BLR-2.4%.


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