what is the actual next step after i signed the loan offer from bank?
sign snp and pay the deposit on the spot? newbie newbie here.

How much the price for phase 2 and 3 now?
I'm going to sign snp this weekend.
Anybody here take hong leong bank loan?
Which one better mrta vs mlta for own stay? Any advice?

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Added on May 9, 2012, 10:11 pmhttp://biz.thestar.com.my/news/story.asp?file=/2012/3/1/business/10829839&sec=business

http://announcements.bursamalaysia.com/EDM...%202@Rawang.pdf

Hope our decision is correct....this area will be developed

This post has been edited by koigh: May 9 2012, 10:14 PM

i got -2.45offer from cimb, lock in 3yrs.
any advise?

good offer.

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Added on May 10, 2012, 11:14 amnext step is, wait. once u sign the LO. the bank officer will contact the lawyer (in this case, Khairin-Nisa cos MS will bear the legal cost) for them to process. If you not sure what to do, you can call Khairin-Nisa and speak to the person attended to you during snp and check with them. the lawyer will give u a call once the Loan Agreement is prepared and will make arrangement with you to sign the Loan Agreement. Once done, just wait until you receive letter from bank. you need to serve the interest once the money disbursed from Bank to MS.

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Added on May 10, 2012, 11:34 amgood to know MS bought another land.

HLB loan is 80% margin and Islamic loan only. in my opinion, i'm not comfortable with islamic loan and 80% margin. thus, i rejected their offer.

if u are comfortable and willing to serve a monthly commitment, i would recommend MLTA (Life Term) which you might commit a certain sum every month. you can have tax exemption for this MLTA. but be prepare for the commitment. anyway, it's some sort like a saving scheme. thus, you can get back the money later.

This post has been edited by jason_chee: May 10 2012, 11:34 AM

Good deal i think, MRTA needed?

mine is 2.4 no lock period no MRTA

p/s: not this project

This post has been edited by M2K2Land: May 10 2012, 12:33 PM

they have higher one-off processing fees (RM200) and RM10 monthly fees.

Anyone knows how to calculate the stamp duty fees?

Please advise.

I got 2 offer, HLB (blr-2.4) and RHB (blr-2.45)

RHB is compulsory to take the mrta with them if not the interest become same blr-2.4
I got 90% margin for both.

After all the consideration, i choose HLB n planning to take MLTA

HLB offer 90%? that's really weird. mine only got 80% and when i try to appeal, they dun allow. according to them, this project they only approve 80%. u must be a "Premier" customer to them. btw, i also heard HLB is offer only Islamic Loan. is urs islamic loan?

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Added on May 11, 2012, 1:15 pmhigher? i don't think so. the processing fees can be waive depending on the officer.

stamp duty for loan agreement or snp? btw, you can google. lots of information out there.

This post has been edited by jason_chee: May 11 2012, 01:15 PM

snp and deposit must do in same day? still hvnt go bank take $... newbie.

This post has been edited by Kelifu: May 11 2012, 03:53 PM

You bought which unit?phase 1 or 2?
How much ur price?

Yesterday has made bank draft to pay the deposit. Tomorrow i will sign snp

Kelifu, I think must pay the money then only can sign snp. Anyway can give them a call oso

Yes, SnP and money on same day. I just signed the SnP yesterday. Finger crossed for M Residence project.

OIC.
Aiz, lubang besar akan terjadi lepas bayar deposit

Kelifu, u can withdraw EPF account 2 to recoup back the deposit u paid. May check EPF website on the process or can even ask lawyer or MRes salesman

Kelifu, Payment Mode during signing of SnP.

1. Cash (which i dun think you dare to carry such amount)
2. Cheque
3. Banks' Draft.

Note: MS do not accept Credit Card / Debit Card Payment.

LOL really not dare to carry that much of cash. u know i know all ppl know

credit card accepted, but got charges of 2-3%, coz MS doesn't have credit card machine there, so need to use lawyer machine.. and those charges to be paid to lawyer seperately

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Added on May 14, 2012, 5:52 pmepf now must want ur stamped snp, else cannot apply... so means u have to pay balance 1st..

This post has been edited by spreeeee: May 14 2012, 05:52 PM

i see. but the lawyer didn't mention that to me. i thought cannot charge under CC. If they didn't charge 2-3%, i might use CC. lots of POINTS. haha.

bcoz of POINTS u want they charge u 2 3%? LOL

I signed my snp already and paid the balance using bank draft.....
Now new comitment start already