QUOTE(Ssui @ Dec 18 2012, 10:30 AM)
Hi,
Currently there is a project called vsummer place in JB.
Good location, good design.
But I was told by sales officer currently the developer still lack of 1 approval, so we just can book the unit by rm10k.
And do not need to apply loan first and sign s&p.
All we can do is wait for the developer get the approval from government first.
And the rm10k is issued to law firm, because developer have no right to keep for our money.
I never heard such case before. There are so many question marks in my mind.
It is very new developer, just second project in JB.
Rm600/sf in this area is considered reasonable, but is it too risky?
Thanks ur reply.
Risky in the investment sense - best to ask in the open forum.Currently there is a project called vsummer place in JB.
Good location, good design.
But I was told by sales officer currently the developer still lack of 1 approval, so we just can book the unit by rm10k.
And do not need to apply loan first and sign s&p.
All we can do is wait for the developer get the approval from government first.
And the rm10k is issued to law firm, because developer have no right to keep for our money.
I never heard such case before. There are so many question marks in my mind.
It is very new developer, just second project in JB.
Rm600/sf in this area is considered reasonable, but is it too risky?
Thanks ur reply.
Risky to give the 10k the lawyer - as long as you get a client's account receipt, it should be ok. Check out also if the firm is listed in the malaysian bar website.
Dec 18 2012, 11:46 PM
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