Hmm, not that very difficult to get 90% as long as the criteria met especially for the banks of RHB, Maybank, CIMB and Hong Leong Bank.

But, as far as I know, RHB is currently very aggressive on offering good rates for big developer's projects, but the approval is much rely on strong and proper documentation where they don't consider deviation or further explanation of slightly high commitment or small CCRIS matter.

CIMB, used to be very aggressive, but no longer since then, the documentations needed are hassle compare to all banks above, but no longer offering good rates and needs savings proof for the 90% loan.

Maybank? If first party and first buyer should have no issue. If 3rd party, they will screen through the co-chargor number of housing loan plus relationship and if the co-chargor has more than 2 loans, the loan application by the co-owner would falls under LTV 70%. Moreover, the way they calculate the commitment is much higher than any other banks.

Hong Leong Bank. Max tenure I heard was 30 years and also not flexible under 3rd party loan. The best thing is, they always consider their existing customer's profile and savings eligibility even though the commitment is high.

Affin Bank, I have no idea leh.

I think it is not about the developer grading but the EF category based on selective Rawang area where Daerah for Kundang and Kota Puteri are consider negative area for most banks, esp foreign banks.

Hmm, I not sure of the HSBC, but OCBC is definitely part of the MR1.

Definitely I don't so of what so called downgraded. In fact, Mah Sing has too many projects for running and probably the one facing the most obstacles could be double Icon of PJ and MK.

The sales figure at MR1 and MR2 looks decent, and the sales column was rows by rows of each phase, so, it consolidated much of the Mah Sing 's financial muscle itself. By this, it looks safer. Bangi's Southville City is coming and Dsara Sentral in Sg Buloh is coming on the pipeline, with several more in Cyberjaya, Penang and Johor as well.

The banks ( esp foreign banks ) might be under consideration mode to monitor the progress of the area before they offers much more end financing figure to the project or to the whole group limit, where, the nearest bank branch to the MR1 and MR2 could be very far away and creates much headache for the Rawang folks or own stayers.

Or else, they have no issue from the local banks of Maybank, RHB, Affin, Hong Leong and CIMB. In fact, it is not easy to become one of the panel for TMS, where they are quite selective to choose top few and don't prefer to get 10 banks in one short. Their DIBS projects, only appointed 3-5 banks maximum for easier job for the finance department.

Yes true. Icon series really tough test but I think their M-City, Jln Ampang is doing well.

Ya, the management split into 2 divisions, where Bruyns is the COO handle all the townships development and actually they are few teams handle for the highrise / mixed development.

Anggun City is better, that's why prices also 30% more premium but rental wise not necessary must be able to get 30% higher and depends on the maturity of both townships and commi hub as well.

3 storey shop-office at RM 2mil? Any further discount ?

AP & DL had obtained or obtain soon?

What I heard was it had been approved and will be obtain the hardcopy by June, therefore solicitor can prepare the works for S&P signing, which normally takes a month or two so later.

Better faster sign S&P. haha.

Haha. No la, when sign is not a big issue for me. Importance for me would be the date of first loan release ( to kick start the lock in period ) and the completion date. If signed earlier and stamp earlier, maybe it is good for me if I wanna keep it until after 5 years expiry of RPGT, subject to sub sale market is slow upon Alpine's VP period.

Should be nothing wrong.

Its not easy to compare as Elmina is near Denai Alam while MR2 is near Kundang / Rawang. Furthermore, the main key is the number of units opened for public buyers.

Mah Sing had launched MR1 Phase 1, 2, 3, 4 and M Avenue and MR2 Phase 1, the latest Alpine for just 1 1/2 years. The number of units for MR2's Alpine is 470 units ( cannot remember exact numbers ) and theit strategy is open up row by row slowly.

Maybe MR2 needs more time to advertise more once they obtained the APDL. Or maybe Mah Sing also should introduce their staffs incentive by offering 10% discount to creates a BBB mode and chaotic situation for public buyers. Unlikely but its better for a buyers like us or else, how to compete with someone who buy at 10% cheaper upon flipping?

I think I ensuring both have different mode and games to set apart with both are potential.

Agree boss.

I really couldnt imagine the narrow 20" ft width vs long 88" ft.

For Regia, I like the foot print of 30" ft width but couldnt accept the built up at RM 828k price tag.

The masterplan looks good but I believe it needs longer time to fully developed and expected very low occupancy 1-2 year after its completion.

Anyone knows the status of Corus 68?

Probably deciding and yet to come.

Foreign banks always have difficulty to offer financing to an area which their nearest branches are far away from this area.

Why insist PBB bro?

In fact, this bank quite lousy in their approval recently.

Wow. Just notice... its time for V2 for M1 and M2.

The facade so far looks quite good and modern enough.

But 18x70 Phase 1 also using ceramic tiles 1.5x1 like MR2?

Oic, that means no show house of 18x70 upon it launches? I didnt notice whther the site has 18x70 show house where I didnt notice but I seen 22x80, semi d and MR2 Alpine.

I also surprise to see the minor slope height differences among the row from the photo posted by you. Its glad that ur unit is on the highest side. It's really a gamble and luck anyway. Hahah.

That's one of the loophole and minor uncertainty when we buying landed upon preview before official launches or probably after it. As we see the show modal, it would be houses on flat land and most buyers dont know the fate of being lower side of the slope as well as lamp post or TNB HTC in front of the house.

But if front and back row for a DSTH, slope height differed by as high as 1 floor ( storey ) is kinda very big difference of the outlook ...

Ohh, haha, now I get what you guys mean, hehe. paiseh

After my first loan with them 5 years ago, my new loan application with them at 2009, 2011, 2012 and car loan recently still facing the same difficulty even my savings since 15 years ago was good, Fd with them and loan conduct with them very prompt and over paid few months, still they had difficulty. Sigh.

And yes, last year, I show them the other bank LO to match the offer, testing anyway, as expected, cant even offer me 50% home loan.

Finally it was a damm great boost for MR1/2 buyers.
Its not only building an exit but an interchange cost RM 100mil, thats huge sum from Low Yat Group.

I expect those bought MR1 will hold till 2016 for better appreciation since the LATAR interchange might completed by 3rd Qtr of 2015.

For MR2, it is schedule to complete by 2016, it would be much awesome and I think 30% appreciation is very minimum since Alpine is still early and most buyers got it at RM 438-458k, and much more rows to come for at least paper profit. I expect the last row would be estimate RM 498k bfore Phase 2, Type B1 and B2 ( also 20x65 ) would be over RM 500k, tentatively launch next year or after Phase 1 Alpine was fully sold.

If me, I will hold at least 1-2 years after completion in early 2016, thus the interchange was ready and the township would be matured by 2017-18, as well as other nearby townships would grow rapidly as well. Earlier, I thought to hold until it reach target minimum RM 550k or max RM 600k.