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
3 Elements SOFO
3 Elements SOFO
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Aug 21 2012, 10:25 PM
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#1
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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 |
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Aug 21 2012, 10:37 PM
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#2
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Aug 21 2012, 11:52 PM
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#3
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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%. 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 |
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Aug 22 2012, 12:04 AM
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#4
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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. 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. 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 fieldThis post has been edited by kencch: Aug 22 2012, 12:08 AM |
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Aug 22 2012, 12:19 AM
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#5
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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. 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 |
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Sep 14 2012, 04:41 PM
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Dec 14 2012, 02:48 PM
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#7
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Dec 15 2012, 06:52 PM
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#8
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Dec 15 2012, 10:35 PM
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#9
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QUOTE(1282009 @ Dec 15 2012, 06:57 PM) Yes it's a commercial rateAdded on December 15, 2012, 10:37 pm QUOTE(Wee Garden @ Dec 15 2012, 08:46 PM) Mine is OCBC. How bout yr?This post has been edited by kencch: Dec 15 2012, 10:37 PM |
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Dec 16 2012, 03:46 PM
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#10
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158 posts Joined: Mar 2011 |
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Dec 30 2012, 10:22 PM
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158 posts Joined: Mar 2011 |
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Jan 14 2013, 09:35 AM
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#12
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Jan 14 2013, 10:12 AM
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#13
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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. for the privacy lif, how if the lif out of service? its there any public lif can be used?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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Jan 14 2013, 04:14 PM
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#14
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Jan 18 2013, 05:21 PM
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any sofo purchaser here received a letter from developer regarding the progress claim?
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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.. Normally there r two possibilityAnother 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... 1) developer directly waive the interest 2) developer will charge the interest. However we can try to write in to request for waiver |
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Feb 2 2013, 12:01 AM
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QUOTE(seanooi880327 @ Feb 1 2013, 04:27 PM) LOL, what high end buyer... Ya, I also got expired invitation card. Were they giving away iPad on that day?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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