What is the selling price for Block D now?

1282009 gor, any updates on the take-up rate? Seems like Block D is going considerably slow compared to A & B.

When price break the 800K boundary, it is quite difficult to move already. Last visit no crowds at all. They are too ambitious and set the price too high....

As today 11.45am, foresta already sold 123 units.

Ads on local papers say that the price is above RM1 million.

anyone know about Bank offer letter why the DIBS bank only absolve 36mth..? Why not cover up to 42 mth or VP....?

As today 1.30pm, FD sold 129 units

My bank Letter of Offer was stated as follow:

Commencement date of 1st Instalment repayment:
- shall commence on the first day of the calender month following the full release of the Term Loan or first day of the 43rd month from the date of this Letter of Offer or upon you taking vacant possesion of the Property, whichnever is earlier or such other date to be determined and stipulated by the Bank.

From the above statement, it seems to consider the construction period as 42 months (instead of 36 months) but not disclosing anything on DIBS.

Any of you looking at offers from Standard Chartered? Was wondering what you think of the package. They are offered me a conventional term loan instead of MortgageOne. Reason for that is I can save on the monthly maintenance fees of RM10 during the construction period. To then switch over to MortgageOne after VP for a supposed fee of RM200 only.

i am not asking about the deposit refundable or not.
I want to find out how much is the credit notes will be.

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Added on March 15, 2012, 11:45 pm
Yes i got it.

we paid RM10K and it is considered good as 10% paid, the difference between 10% paid and 10K shd be in the form of credit notes, so that it is a prove that u dont have to pay the difference. But i am confuse abt the calculation of credit notes. Seems that nobody knows how to derive. Will check with sales later.

yes, we shall receive the CN. but i am not sure if the 10% shd be from the snp price or 10% from the net price. For example.
snp price RM600K, credit note = RM50K becoz we have paid RM10K, need to clarify

thanks for help. But still need to clarify with the sales

Checked with the SA. After we sign the snp, we will  receive credit note. Using your example, if snp is rm700k, meaning 10%=70k minus rm10k that u pay, the CN will be RM60k

CN strategy has been practiced by many developers. It's like open secret. Bank also want biz, so most probably they will follow the snp price.

I m surprise that some forumer doesn't know abt CN, meaning u do not aware abt actual price that u bought? Hehe

Ok ok, maybe different staffs use different explanation... But outcome is the same. When u got your CN, we can go out for yum char, celebrate paper gain...hehe

89 units left....~60% sold ...Hav anyone sign the S&P? Got mention DIBS? Car park actual location? Front back or side by side? If front back...can go out both way??

Hi, as I come to know about this project too late, I did not but any unit here.
On the Developer 10% CN and DIBS, my experience with other developer is they do not
add in any new clause to their agreements, as these are standard agreements, too much exposure to modify it.
What my developer did was, it issued a side offer letter and asked me to sign off with condition that
if I pull out, I have to pay the 10% and interest.

What happened was, the 10% bill did not come to me, developer paid (left pocket to right pocket).
No CN issued, for them, I think too risky to issue this CN lah.
I guess this developer will also just paid the 10% and interest after you have signed the side offer letter
with your commitment to pay 10% if you pulled out. 
This is my experience with other developer, may not be the same. 

Just signed SPA today. No DIBS things was mentioned in the SPA, the SPA just follow the standard format. The lawyer said no need to worry on the DIBS issue as long as developer not turning into insolvency within this period. Seems like perchasers are not covered perfectly. Anyone can share you opinion/comment on this?

I noticed that my car park location was mentioned in the SPA. It is front and back and blocked by another unit's two car parks. in another words, four car parks in one row!! Most of the unit's car parks was also designed in such a way!! I asked the Developer's staff on this arrangement, they just replied the simple answer which is "due to lot of units' car parks need to be designed in six level, so the car parks need to be designed front and back and close to each other." I replied that this is not an low cost condo and such design will lead to inconveniences. The designer should know at the first place and should design more level of car park! That person just replied that "no no, the car park already was design in such a way and cannot be changed anymore!" Really dissappointed on the design of the car park. Any can share your experience on this issue?