This is the reason why I finally decide to drop my booking although I love the sight and view.
Have talked to a SA, MCT have no intention to renew the lease to 99 years upon VP.
Current lease is til 2094, after 3 years of contruction period, we have only 79 years left.
All buyers should think carefully before signing S&P.

NO!!
If you wanna bargain with developer, must do it before signing S&P and ask them
to state whatever they agree to do on the S&P. After you have sign, everything is
done deal, they wont entertain you anymore.

It's not easy, you need to write in to the top management, gather as many buyers to sign as possible.

That's why I choose to drop.

We probably wont live long enough til the lease end.
The problem is banker are not willing to finance a property with less than 60 years lease.
In this case, if you stay there for 20years and pass the unit to your children, they might
have problem to sell your unit then.

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Added on March 7, 2012, 10:22 amReally appreciate your work but since I already drop my unit,
cant put my name on the list.
Good luck to all of you!

This post has been edited by ahsoh: Mar 7 2012, 10:22 AM

When I visit the showhouse 2 weeks ago, they revise the price and give 10% discount instead. Should be 1-2% more expensive than previous price but if you get 90% loan, you only have to pay the booking fee.

Sure boh? I ask the SA many time and the answer were 2094 still. That's why I cancel my booking.
Mind to share what is your source for this info?

Good news for all the buyers. Dont know who made the mistake earlier, guess I just have no "yuen fen" with this project.

The SA who serve me said all lake facing units gone. Anyway, my bullet already shoot on other project, no more liao haha!