I think it's us.. normally developer is the one chasing for S&P to be signed.. hahaha.. for me first time buying.. gan jiong a bit ma..

uob just approved 80% loan to me...I think will cancel my unit...:-(
anyone can telling how to get my deposit refund on my current status...?

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Added on December 30, 2011, 12:03 pmuob just approved 80% loan to me...I think will cancel my unit...:-(
anyone can telling how to get my deposit refund on my current status...?

This post has been edited by swen_gwee: Dec 30 2011, 12:03 PM

Did you try on other bank?

ya...waiting for HLBB reply...but seem not possitive...

Wah..really so so strict now..

says wif some Bank Negara ruling, 85% from UOB here as well... for early birds that get 90%, u'r lucky.

Hi I am new and I also bought Palace Court
Now I am trying to see which bank can offer better benefits / rate.

Any recommendation?
Currently only know HLB can waive stamp duty...any special offers recently?

Thanks in advance.

Y dun u try other bank?? Try Alliance or MBB lah.. this 2 is more linear. If u need the banker contact, js PM me

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Added on December 30, 2011, 11:27 pmMy advice is. submit to all the bank and get the approval 1st then only compare//


This post has been edited by krif: Dec 30 2011, 11:27 PM

Any update on the refund status.. cos might let go my unit at blk A (936sf)

Hi guys, is there anybody here sign snp already???

Hi any buyers from blok B signed S&P?

MBB not yet b their panel...coiz my frenz is banker...
I not sure about alliance

Still waiting for lawyer to call..Sien..

Say Chin.. any updates on your S&P amendments?

No reply from lawyer yet, will try my best go BHL on Thursday to ask abt it.

To krif,

I believe I can get 90% approval from all banks because I do not have any outstanding loan currently and this is my first property.

There is one semi-flexi plan from HLB that can waive stamp duty, no monthly transaction fee, no RM200 upfront setup cost etc, just it needs to pay fee to withdraw excess of lump sum payment from the mortgage plan. For a person who does not usually put in lump sum and expects to take out (i.e. cash flow issue while doing business), is semi-flexi plan better for the sake of saving the RM10 monthly (for 360months) & RM200 upfront cost.

What is the exact amount of stamp duty that HLB can waive?

I am OK with 30~40 years plan...

This post has been edited by Domo-Kun: Jan 5 2012, 04:26 AM

Krif is right....with the new ruling from Bank Negara, net income will be calculated instead of gross income...besides not all the bank will give 90% now as last time. They may selectively give 90% to strong financial holder. Poor ppl may find even that ougher to get loan. Some bank may not give loan below 100k. Get more quote from bank is necessary.

Anyone got called by BHL? I was told that my S&P lawyer would be Alex Choo from Y C PANG, CHONG & GORDON. Now waiting for his call.

BHL is chasing me to sign S & P soonest possible but I still haven't get my approval from all the banks I have submitted.....

previously i'm banker too. will know how the procedure of the loan lah..althought maybe we ae 1st property, not 100% to get 90% margin. 1st thing you have to pass ur DIR (debt income ratio = total commitment / total income)

DIR for those bank:
MBB = 50%
Alliance = 70%
HLB =50%
CIMB = 65%
UOB = 40%

the income is net income. those commission earner, have to submit at least 6 mth income. some bank will take only 50%, 70% or 100% of our average income. Many customer maybe will paid their credit card by end of mth. If your credit card statement is at 10th of the month, what ever amount u swipe from 1st - 10th, consider your out-standing balance. the CCRIS is out from every 15th of the mth. SO why many ppl said they are gd paid master, but still cant get the loan.

2nd thing is your repayment record. if din paid 1 mths, still ok. if continuous 2 mth, then hard to get loan especially, car or housing loan

last, some bank maybe will see your saving only approved you 90%. how much is it, depends on the bank. but dun think 10K saving will be gd.. at least 20K, i think.

The snp lawyer have call us.time to sign snp on middle of tis month ...so nobody sign yet???