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Investment DAMANSARA FORESTA, A new development near Desa ParkCity

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cheahcw2003
post Mar 30 2012, 11:53 AM

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QUOTE(propertyselangor @ Mar 30 2012, 03:46 AM)
IMO, the maintenance fee and sinking fund in future is supposinly determined by the owners through JMB or AGM.
However, it is good to start with higher fee so that more money can be reserved for maintenance,
as it is very hard later on to increase it as most owners will get vmad.gif ,
to reduce it is easy as most owners will rclxm9.gif
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Depending on from which point of view.
Own Stayers may think like what u sell.
Flippers want maintaiance fee to be as low as possible, and use it as a selling points for the sub sales potentials.
cheahcw2003
post Mar 30 2012, 12:15 PM

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QUOTE(Mfd @ Mar 30 2012, 12:02 PM)
I have a unit in Block A to let go. High floor, Type 03 (facing morning sun). Interested, PM me.
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i tot change name not allowed already? if u dont want the unit developer just minus RM600 off as admin fee?
cheahcw2003
post Mar 31 2012, 12:41 PM

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Abt 20-30 units drop outs from each block A & B. But price have inflated to match Block D.
cheahcw2003
post Mar 31 2012, 12:48 PM

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QUOTE(1282009 @ Mar 31 2012, 12:42 PM)
Anyone know how the sales for block D so far?


Added on March 31, 2012, 12:43 pm

Do they open those units for public in the sales office?
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Yes the block a and b units are sold to the public in the showroom.
Block D left about 20-25%.
cheahcw2003
post Apr 1 2012, 06:30 PM

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QUOTE(leeyiksheng @ Apr 1 2012, 06:24 PM)
I believe there are 6 floors as told to me by the solicitor.  smile.gif
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Yeah, mine is at 6th floor.
cheahcw2003
post Apr 1 2012, 11:22 PM

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QUOTE(leeyiksheng @ Apr 1 2012, 06:24 PM)

I went there yesterday and asked for a friend, but the L&G staff manning the counter told me that she does not know anything about it because information about those units (unit lots) has not been released to them yet. How do we inquire about these reopened units?  hmm.gif
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You must talk to the right person. When i was there, the staff is holding the 2 pieces of A4 papers on the released unit list, 1 paper is Block A, another list is Block B.
cheahcw2003
post Apr 3 2012, 10:16 AM

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QUOTE(jasonv @ Apr 3 2012, 07:42 AM)
"But price have inflated to match Block D."

You got this information from the L&G sales people?
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Yes i saw the price list of the leftover units from Block A + B
cheahcw2003
post Apr 3 2012, 10:31 PM

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QUOTE(sonch79 @ Apr 3 2012, 10:27 PM)
If I am block A 23rd floor do I get morning or afternoon or no sun
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west facing, afternoon sun
cheahcw2003
post Apr 3 2012, 11:52 PM

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QUOTE(1282009 @ Apr 3 2012, 11:46 PM)
It depends. If type B or the units not facing swimming pool will be facing east, morning sun.
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yeah. that's true. Block A is West East orientation
cheahcw2003
post Apr 5 2012, 10:56 AM

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QUOTE(propertyselangor @ Apr 5 2012, 03:42 AM)
In my opinion and some other experiences, I really doubt developer will issue CN.
As they have to dig out real cash to pay you whom make up to thousand of purchasers.
If DIBS is 10K per purchaser, 1 thousands purchasers mean they have to prepare RM10million lah. ohmy.gif
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On the 1st place, do u understand what is DIBS and CN? Your statement make me confused.
cheahcw2003
post Apr 6 2012, 11:51 AM

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QUOTE(propertyselangor @ Apr 5 2012, 03:42 AM)
In my opinion and some other experiences, I really doubt developer will issue CN.
As they have to dig out real cash to pay you whom make up to thousand of purchasers.
If DIBS is 10K per purchaser, 1 thousands purchasers mean they have to prepare RM10million lah. ohmy.gif
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the so called CN is also just a letter with LNG logo stated the amount that purchasers are waived to pay the first 10%. No need to prepare real cash.
In the LNG account, it will only affects the accounting entries (book keeping), "Sales/Turnover" minus "discount allowed" = "Actual Sales"

QUOTE(propertyselangor @ Apr 5 2012, 03:42 AM)
They will probably issue offer letter (only 1 thousand logo offer letters.. cheap cheap lah compare with RM10million real cash)
If I was the developer, I will also ask commission from bank for generating sales from them, and offset it with
the DIBS interest,  cool2.gif beside, I will negotiate for an easy payment and low interest payment stream with banks to settle the DIBS,
in return for them to stay as panel bankers to get business from my project.  cool2.gif
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CN nothing to do with the DIBS. IMO.
cheahcw2003
post Apr 9 2012, 11:34 PM

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QUOTE(Yennie26 @ Apr 9 2012, 11:31 PM)
is it the same as Block D?
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lower than Block D
cheahcw2003
post Apr 9 2012, 11:56 PM

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QUOTE(Yennie26 @ Apr 9 2012, 11:39 PM)
do you know roughly how much cheaper? in % maybe? you can also PM me if you dont wish to comment openly. thx.
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i cant remember the price, pls check with the sales staffs, by now shd have all gone.
cheahcw2003
post Apr 12 2012, 10:53 AM

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QUOTE(edmondyjh @ Apr 12 2012, 10:50 AM)
too expensive for me on this area and if i rent out, i think is impossible to get around rm3k for it. so i better let go and search for more affordable area.
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didn't you consider all these facts b4 u made ur booking?
cheahcw2003
post Apr 12 2012, 06:02 PM

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QUOTE(CMW123 @ Apr 12 2012, 05:26 PM)
Anyone who has sign the DMC can share on the legal status of the 21 acres green?
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I hv browse thru the DMC the 21 acres greens is not included in.
cheahcw2003
post Apr 12 2012, 10:41 PM

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QUOTE(CMW123 @ Apr 12 2012, 06:11 PM)
Does this then mean that the 21 acres greens is classified as common area under the HDA Act?

Prior to handover to DBKL, will LNG be fully responsible for maintaining this common area without taxing on the residents' maintenance fee contribution?After the handover, will any portion of the RM0.25 maintenance fee and sinking fund be allocated for the maintenance of the common area? Just wondering how this work bcoz even for Phase 1 with 928 units say averaging 1,400 sq ft, we are talking about RM3,897,600 of maintenance fee collection a year, not small sum at all!
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My understanding is RM0.25 that we pay will not including the 21 acres mainatanance. The developer will build and maintaince the facilities from their pocket (already factor in the selling price i believe) until the last phase is handover. Then DBKL will be taking care of the 21 acres Green. Like what they did on Taman Tun Dr Ismail Kiara Park. Tax payers/ public money is used on that purpose.
cheahcw2003
post Apr 13 2012, 01:25 AM

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QUOTE(1282009 @ Apr 13 2012, 01:15 AM)
Is it DBKL? I was told the area is under Selangor? Correct me if I'm wrong.
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Sri Damansara is under KL Address.
cheahcw2003
post Apr 13 2012, 10:07 AM

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QUOTE(Kokwm @ Apr 13 2012, 09:20 AM)
You're correct because the determining factor is the land/lot title stated in the SPA which is reflected in OL. In anycase, a search on the govt portal does reveal that the authority approving the plan is MPPJ. So there.
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if that's the case then shd be maintained by MPPJ after surrendered by developer to MBPJ. That will happened only after the completion of last phase.
To me, make no difference if maintained by MBPJ or DBKL.

cheahcw2003
post Apr 18 2012, 03:45 PM

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QUOTE(leeyiksheng @ Apr 18 2012, 03:41 PM)
Have they opened Block C already for booking?
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Not so soon, they still have around 50 units unsold in Block D, plus need to clear all the dropouts units from Blocak A +B.
cheahcw2003
post Apr 19 2012, 02:49 PM

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DPC's West side 2 is selling from RM550psf, and TA Damansara Avenue is giving fat discount for the unsold units, Foresta Damansara is facing challence to sell the subsequent blocks.

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