Boss, oh ic. I thought MR1, Phase 2 and 3 for 22x80 booking fee should be RM 5k ... didn't know about the RM 1k booking fee or maybe for the Phase 1, 18x70?

Wow, big project boss.

I dunno the entire master plan of MR1 and MR2, bcz I never capture any photo and study at home, but based on the size combine, it is slightly 10% smaller than whole Desa Park City.

I agree a hypermarket would be great, something for groceries, chilling out on cafes and restaurants, buying something where we not necessary to travel to Jusco, although 3-4kms is not that far away from door step.

But, automobile hub is not a great idea as it doesn't entirely pull the crowds coming into MR1/2 but only pulling the factor of being a luxury showcase or car show retail.

I am much prefer a small mall and next to linear garden or park, similar like DPC, but smaller version.

Ignore the Offer to Purchase Letter.

It is their standard policy onto a written letter but its not our fault bcz they are unable to confirm us the full panel bankers yet where most of the banks are in the mid of doing EF approval.

I think only MBB can proceed while RHB, PB, HLB and Alliance Bank are pending. I not sure whether SCB and OCBC willing to finance the project or not due to no branch nearby issue.

Btw, the dev is yet to finalize the S&P signing date, where tentatively 4-5 months later, and hence, even we got the loan approval, the LO only valid for 1-2 months ( depends on banks )

My advise is, wait more panel banks come in first.

The site shown it was about 40% ( some rows 60% )completion for Phase 1. Seems able to complete ahead of schedule than expected next July 2014.

When u guys sign the S&P for Phase 1?

Ohh, are you among the early bird buyers?

I think if that's the case, I am sure TMS would rush for the completion before March / April 2014, and so far, it's looking very good ... not a surprise if able to VP by earlier than schedule.

OK, no worry.

First, separate the issue of btw S&P signing and Letter Offer signing.

We are uncertain of the S&P signing date due to developer is still yet to obtain the AP & DL for this project, Alpine. AP ( Advertising Permit ) and DL ( Developer License ) means dev had obtained the approval for official selling after granted the selling price and advertising period permit / approval, and hence S&P can be sign after this stage.

For Letter Offer, we can apply the loan anytime, as long as the banks EF are ready but the issue is, if your loan is approve now, you must sign it or reject the offer within 1 month, where, the Letter Offer only valid for 1 month ( most banks had changed from 2 months to 1 month ) and you're unable to sign it if you decide to take the loan after 4 months later.

Another problem now is, SA said only Maybank is panel and other banks are all pending. So, at this period, the developer would like us to secure the financing to confirm our purchase, but, also, due to limitation of panel banks, we can hold until they announce the S&P signing date soon.

For developer, S&P doc preparation is very fast and easy, the documentation from the panel solicitor is very standard in their copy, where they just change name, ic number, unit number, price and etc and just print for each buyer. We don't have to worry this, where, the solicitor will call us once it is ready for signing.

In normal deal, when we paid a booking for a property, we are given 14 working days for loan application and S&P signing date. In today's busy market, not every individual is so discipline to prepare the full documents in the day he / she paid booking and pass to the bankers the next day, where some banks are fast approval like 2-3 days ( esp for solid income earner / easily verified income ) and some took 2 weeks ( if the project injected too many cases into the bank / complicated income verification )

Hope it clarify....

You mean the balance of the first 10%?

It should be pay upon S&P signing, not loan Letter Offer signing.

Hmm, please ask the MBB banker, the LO can hold for how long before signing, as well as ...... if you've sign now, is the signed Letter Offer still valid if S&P is only able to sign 4 or 5 or 6 months later on?

Haha. That unit of 173A?

Imho, that unit a bit hard to swallow due to directly facing main road or incoming cars.

I doubt the SA would know unless they keep track with LATAR management all the time.

And I agree that probably the issue is not resolve yet, probably due to land ownership issue although the Kundang exit had been long approved by authority back in late 2011.

I not sure whether it is rumours but I dig a little bit out from some of my contractors hailed from Rawang itself and also was told that, if it is true, the land owner unable to do anything if there is a project involve government to build a short road to linked to the exit from Kundang to LATAR since the adjoining roads had been linked from Tasik Puteri and Kundang, where it would be delay and it would not be rule out that it should be complete the exit by 2015 as the linkage is short and costing is not huge after all.

Most of the projects would stated the highways and proposed / approved road / highway link by any developers. And definitely, new highway / existing highway entry or exit is part of the feature for any project beneficial from it.

Certainly, LATAR exit ( entry had been available ) from Kundang is part of the catalyst for MR1 / MR2 since it can avoid Jln Batu Arang / Jalan Rawang / Rawang Town / Templer Park 's small road as well as , possibility of skip through the short 5km road to Rawang / Bestari Jaya Toll, where currently, I don't see the jam is as hectic as described.

M1 is Individual Title with F&G while M2 is Stratified with G&G where they used the same 8ft fenced actually. The difference is the terms.

For M1, I not sure whether the F&G is applicable for entire M1 fenced up with proper Main Guard House or phase by phase, which I don't think so because under Individual Title, visitors can allow to enter the road / compound anytime and MPS ( Majlis Perbandaran Selayang ) have to take care of the roads within M1 compound. Individual title home owner can renovate the house extension ( unless it comes with RA agreement but must come with 80% owners agreed ) The Phase 2 next to Phase 3 should be linked together. Anyhow, the info of F&G for MR1 is too less, maybe some buyers can share more here.


For M2, a stratified homes would be fenced up phase by phase, ex. they fenced up the whole Phase 1, Alpine ( 470 units of 20x65 ) with one proper guard house ( one entry / exit ) and the upcoming Phase 2 ( also 20x65 ) would do separately as well as future phase of Semi-D and Cluster Homes. Meanwhile, for M2, it comes with CCTV surveillance every 3 lamp post and the clubhouse and facilities are jointly belongs to stratified home owners. The stratified home owners not allow to change the facade or do any back extension to protect the image of the whole phase. The appointed management would have to take care all the facilities within the compound, where owners are required to sign the DMC and must pay the monthly maintenance fee. Visitors are strictly not allow to use / bypass the road for purpose of short road distance to other location.

For own stay, if one would like to have proper security set up and facilities well maintain, stratified home are more secured. However, it is better than nothing to own a decent landed with F&G and with clubhouse and few rows of shops nearby.

You just read the last 2 pages' comments and you will know a bit ...

Not worry to check it out, as it is far from launching date, it will only sell slowly ...

GE coming definitely affect a bit, but once GE over, the market should be stable a bit and people will back to buying after holding for some mean time ...

Have u obtained ur M Card after ur successful purchase of M1?

If this is the case, looks funny leh, summore this is Berhad company, I not sure whether they will do any hanky panky things.

Unless,they upfront tell all the new buyers that, the referral program for M Card holder is only an application where subject to management approval later, which I dont think so right?

Is that the SA told u that the referral bonus ONLY WILL KNOW whether you will get or not, by the time after the 2nd drawdown of ur fren's unit?

If that's the case, then Mah Sing is mis-selling dy.

http://www.mahsing.com.my/mclub.php

Referring to the Mah Sing webby, as per my understanding, as long as u're M Club member and you had activated the card, you're eligible or entitle of the referral programme as well as other benefits like repeat buyer discount and etc.

I didnt see they stated, the referral programme only treated as an application where the company has the right to reject or approve such promo.

http://www.mahsing.com.my/mclub.php

Refer to notes;

No. 6 “Member” means Corporate Member and/or Individual Member, as the case may be, an eligible member and holding a valid M card.

No. 8 “Individual Member” means person(s) who has purchased Mah Sing Property from Mah Sing directly, an eligible member and holding a valid M card.

No. 10 “Buyer Get Buyer Reward” means the rewards or commissions given to the Member who has introduced a non-Member to purchase Mah Sing Property from Mah Sing provided always that such non-Member has executed the SPA and has paid to Mah Sing a sum of not less than twenty percent (20%) percent of the purchase price of the Mah Sing Property.

M Club Privileges

No. 5 The Buyer Get Buyer Reward is only applicable for introduction of purchaser who is not Member at the point of introduction. In the case where the Member purchases Mah Sing Property from Mah Sing directly jointly with non-Member(s), the Member is only entitled to the Buyer Repeat Purchase Discount. Such Member is not entitled to both the Buyer Repeat Purchase Discount and the Buyer Get Buyer Reward for such purchase.

Even go Damansara also quite near ...

Wow. Cool. U can join the politic party dy. find the truth and change it. Haha.

So, did u receive any PM?

Ini macam pun boleh ...

Alamak, all local banks? Tarak foreign banks wanna do Rawang area maybe.

With the list of above banks, I can foresee a lot of buyers cannot get their desired loan ( especially 3rd party loan or die die must 90% loan )