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Investment DAMANSARA FORESTA, A new development near Desa ParkCity

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Skyvi
post Aug 26 2013, 12:50 AM

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QUOTE(CMW123 @ Aug 25 2013, 05:05 PM)
What u mean? Developer sent u letter to charge u for late payment, is it not under DIBS? Any delay is due to developer n not us...
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Bank first drawdown is late ~2months. But i did check with the lawyer at that time, they said the delay is due to developer late process for the S&P....and now developer want to claim late interest on me ..what's the logic??
fongozic
post Aug 26 2013, 09:30 AM

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l&G always late topay bank.. i think we all kena few times
i called L&G they just said " no worries, we will absorb the interest "

last week STAR DF advertisment again.. still try hard to push the sale

This post has been edited by fongozic: Aug 26 2013, 09:38 AM
fongozic
post Aug 26 2013, 09:43 AM

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CMW123
post Aug 26 2013, 10:04 AM

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QUOTE(Skyvi @ Aug 26 2013, 12:50 AM)
Bank first drawdown is late ~2months. But i did check with the lawyer at that time, they said the delay is due to developer late process for the S&P....and now developer want to claim late interest on me ..what's the logic??
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Write a letter showing the dates of all the events which happened and ask for the interest to be waived
Skyvi
post Aug 26 2013, 09:17 PM

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QUOTE(CMW123 @ Aug 26 2013, 10:04 AM)
Write a letter showing the dates of all the events which happened and ask for the interest to be waived
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Yes, will request a chronology of event from bank side. No one receive similar letter? Anyone from early Block A purchaser? Loan from HSBC?
Chris Chew
post Aug 26 2013, 09:25 PM

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QUOTE(Skyvi @ Aug 26 2013, 12:50 AM)
Bank first drawdown is late ~2months. But i did check with the lawyer at that time, they said the delay is due to developer late process for the S&P....and now developer want to claim late interest on me ..what's the logic??
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Developer late process for the S&P is not an issue where the stamping date is the actual date of the schedule running.

Bank first release could be late due to the bank itself ( slow ) , borrower himself ex. MRTA got problem or account not yet opened, lawyer takes longer time to execute the odcumentation or advise bank for release or bank send the notice late to solicitor hence solicitor sent it late to the bank.

Late 2 months would be serious issue if you sign the S&P on the week you sign the loan Letter Offer.


Skyvi
post Aug 27 2013, 11:15 PM

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QUOTE(Chris Chew @ Aug 26 2013, 09:25 PM)
Developer late process for the S&P is not an issue where the stamping date is the actual date of the schedule running.

Bank first release could be late due to the bank itself ( slow ) , borrower himself ex. MRTA got problem or account not yet opened, lawyer takes longer time to execute the odcumentation or advise bank for release or bank send the notice late to solicitor hence solicitor sent it late to the bank.

Late 2 months would be serious issue if you sign the S&P on the week you sign the loan Letter Offer.
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Partly is due to late loan solicitor assign by developer. Wasted quite of time there.
CMW123
post Aug 28 2013, 08:54 PM

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QUOTE(Skyvi @ Aug 27 2013, 11:15 PM)
Partly is due to late loan solicitor assign by developer. Wasted quite of time there.
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Ask developer to claim from the solicitor and not you, just deduct from their fee can alreadi
xyyap
post Aug 29 2013, 10:36 AM

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QUOTE(CMW123 @ Aug 18 2013, 09:34 PM)
For comparison only:

Damansar Foresta : Below RM600psf
Damansara Avenue Azelia : Rm610psf+
DCP One Central Park : RM800 psf
OSK new SOFO : ??
Damansara Avenue new Altivo SOFO ??
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My neighbour house @ Sri Damansara, sold RM 900k within a month.

Thanks for all these developments.

Over crowded liao, looking to move out.

CMW123
post Aug 29 2013, 11:02 AM

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QUOTE(xyyap @ Aug 29 2013, 10:36 AM)
My neighbour house @ Sri Damansara, sold RM 900k within a month.

Thanks for all these developments.

Over crowded liao, looking to move out.
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Think depends on objective is for own stay, short term investment or long term investment or too rich as collection... smile.gif
calvinyeap
post Sep 3 2013, 02:07 PM

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Anyone went to check the progress lately? Any pics to share? I heard the project runs into evenings as well...
Skyvi
post Sep 5 2013, 02:11 AM

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QUOTE(calvinyeap @ Sep 3 2013, 02:07 PM)
Anyone went to check the progress lately? Any pics to share? I heard the project runs into evenings as well...
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[attachmentid=3615505][attachmentid=3615505]

Here it is...went over last week...block a already up to level 8...all 4 blocks is up...in progress at same time

This post has been edited by Skyvi: Sep 5 2013, 02:21 AM


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cheahcw2003
post Sep 5 2013, 05:07 AM

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QUOTE(Skyvi @ Sep 5 2013, 02:11 AM)
[attachmentid=3615505][attachmentid=3615505]

Here it is...went over last week...block a already up to level 8...all 4 blocks is up...in progress at same time
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Thanks for the update.
I hv got the 3rd billing, ie 15% progressive claim notice
CMW123
post Sep 5 2013, 09:19 AM

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So confirm that your Block A level 8 and 9 structure is up... rclxms.gif
hanif444
post Sep 5 2013, 10:23 AM

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From: Puchong...



L&G was well know developer back in 1990s,with Mayland as parent company.
Skyvi
post Sep 5 2013, 10:47 AM

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QUOTE(hanif444 @ Sep 5 2013, 10:23 AM)
L&G was well know developer back in 1990s,with Mayland as parent company.
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Mayland is parent company of L&G since 1990?? I thought they just invested recently, no?
calvinyeap
post Sep 5 2013, 10:48 AM

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QUOTE(Skyvi @ Sep 5 2013, 02:11 AM)
[attachmentid=3615505][attachmentid=3615505]

Here it is...went over last week...block a already up to level 8...all 4 blocks is up...in progress at same time
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Wahhh... Thanks... Looks nice with all the mist... smile.gif
cheahcw2003
post Sep 5 2013, 11:23 AM

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QUOTE(Skyvi @ Sep 5 2013, 10:47 AM)
Mayland is parent company of L&G since 1990?? I thought they just invested recently, no?
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They just invested in L&G recently.
Skyvi
post Sep 5 2013, 01:58 PM

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QUOTE(calvinyeap @ Sep 5 2013, 10:48 AM)
Wahhh... Thanks... Looks nice with all the mist... smile.gif
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Yup, mist appear after raining. For high floor, you may see mist through your unit window...got genting feel! 😊

CMW123
post Sep 5 2013, 02:18 PM

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Fantastic!

Initially I was guessing whether it's haze or what?

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