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 3 Elements SOFO

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kencch
post Aug 21 2012, 10:25 PM

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Just to do a survey. For those sofo buyers and potential buyers, how many of you
1) buy for own stay?
2) buy for own office use?
3) buy for rental (residential)?
4) buy for rental (office)?
5) others? Pls state
kencch
post Aug 21 2012, 10:37 PM

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QUOTE(ace77 @ Aug 21 2012, 10:30 PM)
i dunt u can use for own stay. office only
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R u sure? How sure r u?
If I use it as my home will I kena halau?
kencch
post Aug 21 2012, 11:52 PM

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QUOTE(LCL01 @ Aug 21 2012, 11:39 PM)
let me feed u the correct answer. it is very simple, sovo will definitely be commercial loan as it is commercial title. nowadays developer trying to launch more sovo and sofo due to the BNM rules of LTV 70% on residential houses that covered under HDA act. However, commercial title property for example sovo sofo are not covered under HDA, as such, developer hope that by launching more commercial property, can in a way to passby the LTV70% rules. 3e sofo give 15% discount before that, now i m not sure whether sure got or not. if without the 15%discount u will need to fork out ur own 15%down payment as bank will only approve commercial loan up to 85%.
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R u sure all the bankers offer commercial loan for sofo?
Pls do a proper survey b4 u comment otherwise jus mention that is yr own opinion but not the fact
kencch
post Aug 22 2012, 12:04 AM

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QUOTE(LCL01 @ Aug 21 2012, 11:47 PM)
twin, there is no such thing for owner to choose whether is residential or commercial loan.pls inform me if u get any bank in the market tht do that. thanks

From Yr statement aredi know tat u never been watching the banker list or even never been to the show room before! Pls go and check out the "fact" first before u comment all the "truth" here


Added on August 21, 2012, 11:49 pm
if u know this earlier, there is no way for u to ask this kind of question.
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Added on August 22, 2012, 12:08 am
QUOTE(LCL01 @ Aug 21 2012, 11:57 PM)
ken, i have been in the banking industry for quite awhile. this is logical thinking. do u think one bank will offer commercial loan and another bank is offering residential title for the bloody same project. think. use more logical thinking. enlighten me with ur research if u hav any.
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From Yr statement aredi know tat u never been watching the banker list or even never been to the show room before! Pls go and check out the "fact" first before u comment all the "truth" here. Also pls be updated yr professional field


This post has been edited by kencch: Aug 22 2012, 12:08 AM
kencch
post Aug 22 2012, 12:19 AM

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QUOTE(LCL01 @ Aug 22 2012, 12:09 AM)
ken u must hav bought a lot units in 3e n eventually found out that it is sovo that cant use for own stay. be patience. anyhow u still own the units. but whether it can be rented out is an unknown. good luck bro.
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Sorry I have yet to buy. Jus hav to clarify yr statement here because it might confuse ppl.
Pls don simply summarize that all sovo and sofo can't be own stay cause there is no sofo or sovo unit on the market now. Only time will realize the fact
kencch
post Sep 14 2012, 04:41 PM

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QUOTE(VinluV @ Sep 14 2012, 04:04 PM)
got the discount as the first few buyers, as well as the aircond, plaster, etcetc
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hi neighbor! mine at level 20. how bt u?
kencch
post Dec 14 2012, 02:48 PM

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QUOTE(liam_emmet @ Dec 14 2012, 01:19 PM)
anyone here not yet sign SPA? i finally signed it last week after few months !!
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signed a month ago
kencch
post Dec 15 2012, 06:52 PM

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QUOTE(1282009 @ Dec 15 2012, 01:06 PM)
What's the interest rates you guys managed to get?
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Blr -1.9
kencch
post Dec 15 2012, 10:35 PM

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QUOTE(1282009 @ Dec 15 2012, 06:57 PM)
That's low. Is this the commerical rate?
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Yes it's a commercial rate


Added on December 15, 2012, 10:37 pm
QUOTE(Wee Garden @ Dec 15 2012, 08:46 PM)
huh? which bank u got? Low?? Can go even lower la..
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Mine is OCBC. How bout yr?

This post has been edited by kencch: Dec 15 2012, 10:37 PM
kencch
post Dec 16 2012, 03:46 PM

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QUOTE(ruben7389 @ Dec 16 2012, 10:32 AM)
UOB still giving this as commercial? cos theirs is blr-2.2 but not sure they still doing it
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UOB aredi treated sofo as residential loan coz they said tis is new rule from bank negara
kencch
post Dec 30 2012, 10:22 PM

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QUOTE(sungai888 @ Dec 30 2012, 07:10 PM)
I went 6c6c, agent recommend me a unit. I didn't say want buy but she straight away put a sticker "while I consider"  blink.gif

Sticker game? Probably  yawn.gif
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When did u go there? How many unit left for sofo?
kencch
post Jan 14 2013, 09:35 AM

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QUOTE(liam_emmet @ Jan 14 2013, 01:23 AM)
ya kinda agree with u...i also personally prefer paragon 3, more freebies and entry level lower compare o2... haih, no vitamin M..if not i kasi tarok 1 lagi
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dont you ever doubt about their maintainance fee only charged 20 cents psf for such a good facilities?
kencch
post Jan 14 2013, 10:12 AM

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QUOTE(awh85 @ Jan 14 2013, 10:02 AM)
the built up space is quite large.. starting from 1445 so im guessing it can be covered. and with the number blocks (3), the number of units (456 in total) seems to be able to cover.

its mainly the facilties at tower 3 that should cost more maintenance-wise as tower 1 and tower 2 only have gardens which is pretty low maintenance.
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for the privacy lif, how if the lif out of service? its there any public lif can be used?
kencch
post Jan 14 2013, 04:14 PM

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QUOTE(seanooi880327 @ Jan 14 2013, 10:22 AM)
they have another 1 public / loading lift for public use...
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ic. r u going to buy one? think its worth to buy
kencch
post Jan 18 2013, 05:21 PM

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any sofo purchaser here received a letter from developer regarding the progress claim?
kencch
post Jan 21 2013, 11:51 PM

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QUOTE(seanooi880327 @ Jan 21 2013, 05:55 PM)
The things worried me is, if the bank not release the money to Developer according the bill, developer will charge interest to us... Because we din pay to developer..
Another side, loan agreement not settle yet, so they won't release money to developer until get the stamp duty from lawyer....

So, im not sure hws the things work..called lawyer.. and they asked us to wait as well...

DIBS is the loan interest borne by developer...
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Normally there r two possibility

1) developer directly waive the interest

2) developer will charge the interest. However we can try to write in to request for waiver
kencch
post Feb 2 2013, 12:01 AM

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QUOTE(seanooi880327 @ Feb 1 2013, 04:27 PM)
LOL, what high end buyer...
Im just small small peanut potato only....
Maybe they just send to earlier phase buyer..
Btw, when they send, the date expired already.. LOL.. lousy dev like what others claimed...
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Ya, I also got expired invitation card. Were they giving away iPad on that day?

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