Investment DAMANSARA FORESTA, A new development near Desa ParkCity
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 Jan 1 2012, 06:37 PM
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#1
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Junior Member
76 posts Joined: Sep 2010 
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Yea, i received that too. Downpayment RM10,000. Sure not? Or just booking fee only? After that, when signing SPA, ask u to pay the remaining of 10%.
And I didnt see any AP/DL written in the letter. Who's this developer? Reputable? |
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Jan 1 2012, 07:34 PM
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#2
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Junior Member
76 posts Joined: Sep 2010
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QUOTE(1282009 @ Jan 1 2012, 07:06 PM) What's AP/DL?? Developer is L&G, the same one developing most houses in Bandar Sri D'sara. Should be ok I guess but I'm still worried about the steep slope/hill & the top of the mountain is the satellite dishes? Any health concern there? .. AP/DL: Advertising permit/Developer license. This is required under the government HDA for any residential development.I think the 10k is booking fees lah (refundable?) & the remainder will be paid depending on our loan amount. But why so early needs to apply loan?  Should visit the site for find out more. But seeing its gonna be RM600+ psf (based on the speculation above), definitely out of budget. I think L&G should be paying alot in trying to building a retaining wall/other protection against the slope to build this. Hence reflected in the selling price. I agree, Rm10k sounds more like booking fee. Most of the time, its refundable even u r able to show that bank reject your loan. Normally those big developers like Sunway, etc. they will refund once u wanna cancel. I think they want u to apply early as 2012 bank will be more strict in loan approval. |
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