I've got a daft question...what is DMC?

before the new ruling in 2010, there have been some individual titled w/dmc, single in/out, perimemter fencing w/cctv, gdhse and boomgate. this type is next best to strata w/dmc. true, enforceablity is not 100% but is much better than those w/o dmc. if no dmc, it is just like any taman - kindargartens and old folks home can spring up with little control.

the problem is the inclarity of comments from the authorities - some say no barriers, no gates allowed, some say depends, etc.. the more comments they make, the more unsure it becomes. case in point - taman tun di - this is one section where oil drums and makeshift gates block both in and out of a public road. some have complained but the man behind it seemed to have the muscle. authorities can't seem to stop it. good for residents inside but this sets a bad example to the rest of non-gng - if fierce enough, you can break any rule or law and get away.

yes, that is also my understanding from reading comments by the authorities - for new ones, only stratas can have perimeter fencing and gdhse.
existing ones will be left as they are.

agree - that's the whole point. it's a raw deal for a housebuyer not to be sure what he/she is buying.
security now is crap, so this aspect is a significant part of the value of any house purchase.
developers for new homes should be transparent and upfront, info posted in forums clear. people need to know for sure before signing the bottomline.
we should not accept the attitude "buy first, we'll fix it one way or another" or "dun worry, trust us, we know how".

so any buyer has clarified this with the dev on this?

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Added on January 9, 2012, 6:20 pm
UFO ET bro,

Since that you are Mresidence@Kinrara SSL3 buyer, can you shed some light on this G+G which is also on individual title
I believe it is the same will apply here.
have any DMC signed and stamped for your unit

Just checked with one of TMS SPA lawyer, he mentioned rawang one DMC stamped 

UFO, may be you could shed some light??

ANybody has experience with DMC?  Is it really enforceable?

i suppose the DMC will bind all residence to pay /contribute towards security payments etc.

But what if a recalcitrant neighbour simply refuse to pay? Can get enforcement to raid his bank account? Or kick him out of his legally-owned house? Just curious to know.

MBB already approved my loan with BLR-2.35. Now waiting for CIMB and HLB. 

last heard is March. i jst started to apply loan frm hsbc and hlb...

I am in phase 2, you ?

Hi Purchasers,

Kindly contact me for loan arrangement. This project has EF in HSBC bank.
Thank you~~

Bella Lee
012 2264651
Mortgage HSBC

bought a unit of 18x70 last weekend (after discount is 396K), it was only 2 units left for that price, while there are also 2 units left for the end unit (not corner unit) which priced at 440-450K before discount.

got a call from cimb, offering loan as below:

BLR - 2.30% with 3 year lock in

flexi or normal loan, both same rate.

charges incur:

opening loan acc - RM 200

(flexi) maintenance charge - RM10/mth
is the offer good enough?

MBB offers me

BLR-2.3%
MRTA: RM587
40 Yrs
No lock in period & no exit penalty

Now applying for OCBC and Alliance...as i dn understand why MBB gv such a poor rate to me