hi... regarding on your friend's issue... i don't think MS allow transfer of name in booking form. i check with MS Sales agent and the sales told me i can only transfer to my immediate siblings / parent. RM 1K penalty will be impose on it. which mean the refund will be RM2K but that is before signing of SnP. if i wan to cancel, they will cancel it and the lot will be open for the next waiting person in waiting list.

good bargain. but check with PBB what is their lock-in period. upon first disbursement or full release. last time, they lock me 5 years upon final release. ended up, i locked for total of 8 years (3 years construction + 5 years lock-in).

not sure about show unit for 18X70. but confirm 22X80 due to large number of units for sale whereas 18X70 are fully sold out and only available in Phase 1.

Kelifu, it's good that urs is 3 years lock-in. nowadays most of the bank goes for 3 years lock-in upon first disbursement. they're very competitive nowadays. pertaining on MLTA and MRTA, it depend on what is your need. Basically, there are 3, MRTA (Mortgage Reducing Term Assurance), MLTA (Mortgage Life Term Assurance) and MLTA Mortgage LEVEL Term Assurance).

MRTA is less attractive looking at the sum assured reduced every year. but it's cheap for 1 off purchase. you can opt for lesser year such as 5 years coverage or 10 years coverage but no point. Cos the coverage value is reducing every year and drop drastically.

MLTA (Life) is more on monthly commitment. You can have the coverage of , let say RM 500K. you need to pay a monthly commitment just like a normal insurance policy. it will cover 36-critical illnesses , death and total permanent disability. if let say u cold ur house, you don't have to cancel the policy. you can upgrade ur policy for higher value of ur new house. that's the benefit but 1 thing, monthly commitment or yearly commitment which does not come cheap. but this is Income Tax Deductable in the column of "Life Insurance".

MLTA (Level Term) is more like a jive between both. It's one-off pay just like MRTA. But of course it is much more expensive compare to MRTA. but it's cheaper than MLTA (Life Term) cos this policy is one-off. how it work? you can buy a policy coverage of let say, RM 500K. the coverage amount stay there regardless of how many years you bought for the policy. You can choose to buy 5 years, 10 years or 20 years. But the longer you choose, the more expensive the premium. let say you bought 5 years. once pass 5 years, you can re-purchase it again. but the premium has to re-calculate again due to ur age factor and health condition.

in my opinion, i prefer MLTA (Level Term) due to my aim to settle my house at 10 years. btw, so far, only ING provide MLTA (Level Term). i did enquire, 5 years MLTA (Level) for RM 400K is about RM 5K premium. GE only provide that kind of policy if you take Loan under OCBC. They do not sell this policy to end-user. that is based on the information i have as at 1 month ago.

hope this will get u clear a bit. i would say, do some read up on MLTA and MRTA and choose whichever u prefer.

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

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

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.

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.

haha... i say IF only. but for a poor ppl who can't take out initial downpayment, why not? being charge 2-3% and then do a balance conversion for the installment of downpayment.

i believe u will receive a "love" letter from bank for you to make the payment interest. i believe you'd signed the MOT form during ur SnP signing. the MOT usually take place few years after VP. subject to the efficiency of the developer.

Anggun 1: Launching Price back in 2007.
32 X 75: Clustered Semi-D: RM 380K +- <-- if i can remember correctly.
35 X 75: Semi-D: RM 420K <-- 99% correct based on my memory.
Bungalow: Price Vary and i don't know the price.

Anggun 2: Launched in 2009.
40 X 75: Semi-D: RM 595K.

Anggun City: Commercial.
20 X 70: RM 1.9M <-- can't remember the size and exact price. but 90% sure.
22 X 75: RM 2.1M <-- can't remember the size and exact price. but 90% sure.

Anggun 3:
not yet launch. but location is behind Caltex. You'll see a hill and they will build on the slope. Superlink and Semi-D only.

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Added on May 29, 2012, 12:37 pmVP = Vacant Possession. Simply mean, Key Handing to you.

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Added on May 29, 2012, 12:38 pmMemorandum of Transfer. Simply mean, transfer of ownership from Developer to you.

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Added on May 29, 2012, 12:39 pmM Residence 1 Launched back in 16th Dec 2011.

Phase 1:
18 X 70: RM 360K onwards.
22 X 80: RM 499K onwards.

Phase 2:
Not sure. didn't follow up.

Phase 3:
Don't know cos not yet visit sales Gallery.

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Added on May 29, 2012, 12:42 pmcheck your loan agreement. some bank lock-in based on first drawdown. some based on full release. some bank penalty based on loan amount and some based on outstanding amount. do check your loan agreement.

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Added on May 29, 2012, 12:44 pmAnggun 1 about 80% occupied. Anggun 2 not yet completed. Estimated VP this June or July. Anggun 2 is nice.

This post has been edited by jason_chee: May 29 2012, 12:44 PM

i would expect Kota Emerald to boom first which include Anggun. Mah Sing will take some time. yes, maybe 6-8 years provided there's no prop bubble.

yes, price before Rebate.

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Added on May 31, 2012, 12:04 pmactually from what i know, the LATAR will have access from Tasik Puteri (not yet construct). but there won't be any exit point from RWG-KS direction (in my opinion). not sure about this, but have to check the structure of the entry/exit point. this is all due to TOLL Collection issue.

i also heard Carrefour might be setting up a place in M Residence nearby. but i have 1 concern. I notice AEON Rawang isn't have much ppl during weekdays. if the business isn't great there, how can carrefour want to open in nearby M Residence. Just my thought. even weekend also not much ppl visiting AEON Rawang. my bro's friend is working in a shop inside AEON Rawang. he said very quiet during the weekdays.

M-Residence price is going up. but do take note, it is currently overpriced. some bank doesn't want to lend 90% loan. they only go for 80%. i got no idea why. but maybe it's due to rebate issue. anyway, for buyer, you won't lose money if you buy now. just my opinion. price will keep on going up.

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Added on May 31, 2012, 12:09 pmthe road works are slow. construction very slow. if you guys heading into MR, u'll notice there are grass grown out on the earth-work at the left side before the bridge. how long does it takes for the grass to grow out? that's how long the earth r there. i hope they will complete the expansion before end of this year and could start the expansion after the bridge all in next year. hopefully by time MR is ready, the road is ready. else, it's going to add more traffic to that stretch. it's already jam nowadays.

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Added on May 31, 2012, 12:10 pmyes. alot. you mean new or existing? i know Country Homes has lots of Apartment. Not Condo.

This post has been edited by jason_chee: May 31 2012, 12:10 PM

yup, true. due to 7% rebate. actually not only 1 bank. few bank offering lower loan. i'd checked with OCBC, StandChart and CitiBank. the 3 banks doesn't want to finance project in rawang outside of Emerald. according to an officer, it's overpriced there and thus the management decided not to proceed with financing the MR project.

some could say overprice and some say, the price is right. well... not an issue. overprice or not, ppl still buy. it cud never goes wrong with MS.

cos it's a new township and not yet proven worth it yet. mostly local banks are financing MR. foreigner bank not so many willing to finance MR yet. even the price of Emerald is more or less same with MR, but the real prop valuation is different. anyone can sell at 1Mill or 500K, but not all prop valuation evaluate it as 1Mill or 500K.

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Added on May 31, 2012, 3:42 pmguys, any idea when MS will claim money from Bank?

This post has been edited by jason_chee: May 31 2012, 03:42 PM

yup. true. but PBB rawang called me 2 weeks ago and told me they can only offer 80% loan margin. i like.... what the.... why my sis-in-law can get 90% approve in PBB Kepong and they only offer 80% margin. i got no idea. maybe it's branch depending. but i kept it to myself.

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Added on June 4, 2012, 5:15 pmyup... HSBC is 90%. Alliance also 90%.

This post has been edited by jason_chee: Jun 4 2012, 05:15 PM

talking about crime, well, rawang has crime rate. tell me a place which is safe in klang valley without crime. answer = NO. even the CURVE parking also has crime.

for M Residence, i spot more chinese compare to other race. why? needless to say. price factor and 2nd thing is, in IMHO, malay focus more on other aspect of live other than house. that's why majority rent house. whereas Chinese concern more on Living Quality. that's what i observe. why M Residence has more Chinese? in my opinion, it's due to most purchaser are from Kepong area. Kepong is chinese area. above is just my opinion, i'm not racist. it's merely my observation and opinion. dun bash me.

actually rawang has more indian as well. the places where Jusco is residing now belong to indian village few years back before Anggun or Emerald develop. in Country Homes, there are more Indonesian especially in low cost apartment. well, does all this mean Rawang is full of crime. i think it's fair not to judge a book by cover. Crime rate is lesser for G&G community. at least you don't have to worry stalker follow you home. but if Guard is NOT STRICT, well, back to square 1.

my uncle stays in Tropicana (rich ppl home) and there is break-in as well. why? cos the Guard not that strict. i always give a wrong address when i enter the area. they never question me. haha.

RHB offered me 90%. i tried apply OCBC long time already... they say the bank does not approve the project or something like that. eventually i have to proceed with RHB. i kinda like OCBC. very aggresive.

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Added on July 4, 2012, 2:29 pmin my opinion, as long as there's no bubbly and our country's economy keep on going, i believe prices for MR will increase. but if unfortunate happy, rawang will the first place to get affected. house prices in rawang is increasing cos there's no longer so much of empty land to develop in prime area such as PJ, Damansara, Kepong, Subang and etc. taht's why nowadays, developer targetting on ourskirt of KV. rawang is the next big thing.

This post has been edited by jason_chee: Jul 4 2012, 02:29 PM

i just only signed Loan Agreement yesterday. never received any love letter yet. btw, i'm on Phase 1.

This post has been edited by jason_chee: Jul 6 2012, 01:18 PM

i didn't received. but i believe it's "from 403K". Initial price also "from 360K". i think that is the leftover unit or those unit who fail to secure loan. u getting another unit?

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Added on July 11, 2012, 3:37 pmi passed by the area last Sunday. The show unit seems like getting ready. the land has been cleared. good progress.

This post has been edited by jason_chee: Jul 11 2012, 03:37 PM

wow... phase 2 has 18X70??? sure? last time i heard only phase1 has 18X70.