QUOTE(kochin @ Jan 11 2012, 09:07 AM)
eg. SA say can name change prior to signing SPA but form says otherwise? bankers say 3 years lock-in period from SPA signing date rather than drawdown date? etc.
well, u guys have the wrong focus on the prop investment, instead of looking at the big picture, u trying to "pick the bones from the egg". In business world, verbal commitment is also has legal implications. If the sales told 100 ppl can change names prior to snp, then it will hv the legal implications. Similarly on the banker's side.
I am a genuine investors, I will not change name and sell my units for some kopi money (due to personal ethics), i hv also decided to hold it till completion. So if the completion period is 42 months as promised, it will not bother me as genuine investor if the lock in period counted fr snp or 1st drawdown.
When other forumers raised the questions abt change names and lock in period, I just shared what I hv heard in the showroom. If u hv suspiciuos u shd reconfirm it thru the correct channel but not to create a drama here. I choose to believe what I hv heard.
Added on January 11, 2012, 11:10 amQUOTE(ManutdGiggs @ Jan 11 2012, 09:21 AM)
Dun worry bro kochin, no need to b afraid. I think if u cal bro cheah mean he is a guy. Maybe just a bit, a bit onli har, defensive in his statement. But its normal cos s someone mentioned, 賣花讃花香.
kochin asked my opinion abt this project. If u read my previous posting, my opinion covers both advantages and disadvantages. It is up to u to interpret. If u think u hv better idea u can share with us. I m not a sales so your accuse of 卖花赞花香 is not appropriate.
Added on January 11, 2012, 11:26 amQUOTE(Seremban_Guy123 @ Jan 11 2012, 08:36 AM)
Bro Chew, the working person who will buy
your unit at RM 800k 3 years later normally
of which type of job category? Young age
may get longer repayment period but the old
age boss type ppl may need to pay higher
repayment loan amount.In this case, may need to lock a target to those young age boss or probably from a rich family
back ground or couples who joint earnings per month
more than RM 15k per month.please correct me if my statement above wrong.

I just set my target based on the psf. If I were to sell at RM560psf upon completion, then I would be able to sell it at 800k. I can't tell u whom will be my potential purchasers, but based on my investment of similar value prop, I had sold to:-
a) a fresh grad, father mother pay deposit and become the loan guarantor
b) a newly married couple with double income
c) a Malaysian who worked in overseas and came back for good and looking for a place to stay
d) retirees couple
The above were my personal experience.
This post has been edited by cheahcw2003: Jan 11 2012, 01:53 PM