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Investment DAMANSARA FORESTA, A new development near Desa ParkCity
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316
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Feb 26 2012, 09:47 PM
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Getting Started

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Hi,
I noticed that the pricing for Block A btw 24A and 25 level was different around 20k (instead of 6k per level), this was paid for what premium? However, it didn't happen in Block B pricing for that levels (if it happens in Block B at least can be explained by paying premium for PJ view due to higher than the hill level at around 25-26 level onwards). Anyone can advice on that?
I also noticed that pricing (for the same sf) for higher levels at Block A and Block B almost the same instead of RM50/sf different. Anyone can explain on that?
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316
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Mar 15 2012, 09:35 PM
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QUOTE(frankor @ Mar 15 2012, 02:57 PM) If not stated DIBS then I wonder if Developer don't pay then the Bank may ask Buyer to pay. To be safe such an important term must be stated in the Letter of Offer and subsequently repeated in the Loan Agreement. Don't rely verbal assurance from the sales person as the commitment to pay is with Developer somewhere in the Loan Agreement or separate documents must show that the Developer agrees to pay i.e. Developer sign some form of documents.. Better seek advice from your own and independent lawyer (not Bank lawyer) particularly to read the Letter of Offer and Loan Agreement on DIBS before signing it.  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.
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316
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Mar 24 2012, 10:46 PM
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Getting Started

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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?
This post has been edited by 316: Mar 24 2012, 10:48 PM
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316
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Mar 24 2012, 11:38 PM
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QUOTE(propertyselangor @ Mar 24 2012, 11:23 PM) On the car park, I think this is the first time I ever heard of, the most is vertical car park lots for the same unit not across different units. HBA should be informed on this. Oh... What i meant was that although four car parks were designed in one row, but both units still can move out from opposite two ways. However, i still believe that the design of front and back is troublesome for two cars in the same unit. Unless the design of front and back which is movable from both way.
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316
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Mar 24 2012, 11:55 PM
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QUOTE(1282009 @ Mar 24 2012, 11:44 PM) Ooo, this is normal la bro even more luxury condo I went to is design that way, for example, Bukit Utama in BU. Oh... Really? I thought normally they won't design like this, as i compared to my current Condo. Haha, don't you think this design very inconvenience. If this design, i either everyday change car with my wife ("first in, later out"), or both of us need to have the duplicated car keys for each of us so that we can move out our another car first, since we go to work at different time. Haiz...
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316
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Mar 25 2012, 01:03 PM
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Getting Started

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QUOTE(pinkrazr @ Mar 25 2012, 07:40 AM) I didn't know the car park layout is like that. So dissapointing.  And mine still have to wait long time more for the SPA as mine is block D. Ya, the only bad thing about the car park design is front-back style. However, the good thing is that the design of the entrance for each unit's car park is directly to your level, instead of entering one level than turn around each level to your car park level (like certain condo). I am glad that my car park location right infront of my block B lift entrance, still a little bit disappointed due to front-back car park design. This post has been edited by 316: Mar 25 2012, 01:05 PM
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316
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Mar 25 2012, 02:59 PM
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QUOTE(1282009 @ Mar 25 2012, 02:40 PM) True. This is a plus point which we can enter directly to our car park floor. Give and take loh. Agreed with your point. Nothing is perfect. Give and take loh...
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316
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Apr 6 2012, 08:46 PM
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QUOTE(1282009 @ Apr 6 2012, 06:52 PM) Completion by end 2014? I thought is end of Q3, 2015. It would be good if it's true. Haha... The reporter reported the wrong info? I am wondering, the solicitor mentioned that the date of VP will be calculated from the date of SPA stamping date, if the stamping date is around April/May 2012, then the VP will be around Oct/Nov 2015 (construction period of 3.5 years). If the stamping date even later, then the VP will be even later, i.e. early 2016? Then the developer's late submission payable interest to purchaser will be counted from the date of VP. Hopefully the stamping date as soon as possible.
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316
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Apr 25 2012, 08:16 PM
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QUOTE(CMW123 @ Apr 23 2012, 12:48 PM) Believed that all balconies facing the pool/forest will see the tower, just looking up or looking down and from different angle only...the question is the actual location of the tower relative to DF. Some SA say to the south east of Block A...some SA say facing Block C and D...no idea who is correct? From the price gap above, does it mean that 25th floor and above will oversee DP/KD? The price gap of around 20k only applied to Block A btw Level 23A and 25. No price gap for Block B and D for those level. Erm... Mystery... The SA did mention that level 26 and above will be having the view of PJ (higher than the hill). Not sure whether correct or not... Added on April 25, 2012, 8:20 pmQUOTE(juinnchin @ Apr 25 2012, 05:32 PM) The developer called ehsan bina . But i noticed the Foresthill Damansara Advertisement stated "Henry Butcher", developer? This post has been edited by 316: Apr 25 2012, 08:20 PM
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316
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May 5 2012, 11:02 PM
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Since some of you all concern about the exact location of the Foresta Damansara and the tower location, i have attached here my drawing based on the google map, Foresta Damansara video, and north-south orientation. Not sure how accurate is that, but hope that can clear some of your doubts.
All the time i thought the tower belong to Damansara Perdana since it is quite near to the Tan Sri Mustapha Kamal's house (Chairman of MK Land Bhd).
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316
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Jul 14 2012, 10:20 PM
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QUOTE(ARAG @ Jul 14 2012, 08:32 PM) Now that the S&P has been stamped, once the architect cert is issued, we will receive the progress billing and can see the % of completion...hope they can complete in early 2015, end of 2015 is so so far away... Hi, would like to check that those received stamped SPA are from Block A? How about Block B?
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316
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Jul 27 2012, 02:47 PM
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Just received the call from lawyer that i need to come to Damansara Foresta Sales Gallery tomorrow morning to get my Stamped SPA for Block B and i need to sign some documents for some amendments from the developer. Anyone know what are the admendments that involved?
This post has been edited by 316: Jul 27 2012, 02:48 PM
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316
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Jul 27 2012, 06:48 PM
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QUOTE(calvinyeap @ Jul 27 2012, 06:27 PM) Mine no amendments wo... Do update us tomorrow... Just called the lawyer, she said that the car park floor plan for level 4 has been slightly edited due to missing out one car park at the previous floor plan. Thus, those units (i am not sure whether apply to everyone) with car park location at level 4 need to sign the new updated car park floor plan. However, she said that the parcel number (location of the car park) are not affected.
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316
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Jul 27 2012, 07:45 PM
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QUOTE(calvinyeap @ Jul 27 2012, 06:52 PM) Ohhhhh icic... Thanks for the update... When u go to the showroom tomolo, take a peep at the Block D units, see how many units left ya...  Ok Ok...
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316
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Jul 28 2012, 03:07 PM
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QUOTE(calvinyeap @ Jul 27 2012, 06:52 PM) Ohhhhh icic... Thanks for the update... When u go to the showroom tomolo, take a peep at the Block D units, see how many units left ya...  Just back from Sales Gallery, Block D left 49 units.
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316
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Aug 24 2012, 08:44 PM
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Getting Started

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QUOTE(CMW123 @ Aug 22 2012, 09:18 AM) Also from Block B. Called the developer last week, they checked from the system and mentioned that my CN was issued on 13 Aug and will be sent to me by mail. So far not received yet... From Block B. Just received the letter on "Notice of Progress Payment" n "Credit Note".
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316
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Oct 16 2012, 06:54 PM
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Getting Started

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QUOTE(cheahcw2003 @ Oct 16 2012, 01:25 PM) Confirmed the news that launching this weekend. Price from RM600psf b4 rebates. I heard now they only give 8% instead of 10% last time. Last time RM10k as booking fees and was considered as part of 10% downpayment (10% rebates). This time 8% rebates, how about booking fees?
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316
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Oct 20 2012, 04:06 PM
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QUOTE(1282009 @ Oct 20 2012, 12:12 PM) Thanks for the update. Any photo on the sales chart with pricing? 28 units not that impressive I must say compared to Block A & B. It means lowest 4 floors units (8th to 11th floor should be gone). As of 100pm 20/10/2012. Attached thumbnail(s)
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316
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Oct 20 2012, 04:47 PM
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QUOTE(CMW123 @ Oct 20 2012, 04:14 PM) Looks like slow sales n block D price more reflective of Market demand n block C price is fully valued despite the premium view Ya, basically not much price different for Block C & D for those units with forest view. Last time Block D with forest view would be around RM40 - 50k extra compared to opposite view. For Block C, it was just differentiated by around RM10k.
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316
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Oct 20 2012, 05:44 PM
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QUOTE(1282009 @ Oct 20 2012, 05:08 PM) Do u notice the sales chart is quite scattered? Very weird sales pattern indeed. Seem some don't mind to pay more even though same unit type is available at mid floor with lower price. Last time type A1 is the most preferred choice but now no single unit is sold, maybe something to do with the unit#. Maybe Type A1 for block C is available as unit number 03A as compared to Block A and B as unit number 06. Besides, the pricing for Type C (1425sf) is slightly more expensive as compared to Type A1 (1426sf) despite slightly smaller in size. Maybe the unit number of 08 (Type C) as compared to 03A for Type A1
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