From my point of view, if you want to buy this. It is better / have to buy in CASH rather than loan.

As the first 3 years GRR is quite important for the investment return... and after 3 years the environment will be more "mature"...

I still tengok-tengoking.... Jan 2012, all the Bank need to follow BNM new rule. Believe the loan will be harder and harder.

Hopefully there are having more "rebate" or "goodies"....

Hi, Terrance

I am one of the victim...I am the importer and chair supplier in KL, last year one of their sales staff (from the developer office) invite me to visit their show unit and convince me to buy their unit and they say if i supply the chair to them can contra account.  However, after I paid the RM3000 deposit, they just simply said my chair is expensive, their boss want direct import from China for those low cost second grade furniture. 

So, i start request their refund of my deposit, the worst thing is I tried to contact all my banker friends - standard chartered bank, HSBC, Public bank, Hong Leong bank, Am bank, all I have tried, but no bank willing to offer loan for this project, all these bank ask me to take personal loan to pay!! They said my "PERSONAL" image is more worth money and easily get personal loan then the developer??????

On Christmas 25 December 2012, i have received a letter from the developer mentioned that if I did not proceed to sign the S&P, they will forfeited my RM3,000 deposit.
I totally felt i have been cheated.

Please let me know how can i ask for refund?
If I continue proceed for the purchase, please tell me which bank can offer loan and with better rate?

Julie

Hi Pal,

I am one of the victims actually, i finally get my loan with blr-0.7 only from alliance bank. Totally kena clone , it was too late i already signed the snp and now nothing much i can do.  Just pray harder. Every month i keep on paying the interest to bank RM142.81 for 28,500 loan amount which future will be increase .Just started to pay my first month interest only . Future monthly installment rm709. That was really suck investment.Llayoan agreement kena pay to the damm lawyer not cheap at all as no other lawyer want to do the project.....

Feel myself was really kena cheated by the SA at Carrefour Kepong