Just now purposely went there to take a look. Surprisingly, a whole block B fully sold out about noon time. My friend had booked a unit at Block A (881 sf) with price about RM384K before discount.

Anyone look for loan can ask for me as well. I'm from HLB. 😊

My friend booked Block A 9TH Floor facing Swimming pool~

OMG! Are u sure? B-2.7? Impossible? Doubted abt the fact~

Yes. Al-Raj bank is one of the panel bank. I saw them giving brochures there.

To play safe, better get approval sooner possible. Otherwise, when the time signing S&P, unable to get l

To play safe, better get approval sooner possible before signing S&P. Otherwise, when the time signing S&P, unable to get loan, then you will panic as well. Who knows?, Unless you had plenty of cash in hand. Or when the time signing S&P, bank quota had full, then you may choose those unwanted bank offer😓

I'm as a banker, I also advice client to submit at least 2-3 banks. In order to secure their best interest, if our bank unable to offer them better. At least they had other options. But actually nowadays, most of the bank shall able to offer or match competitor FI offer. So mostly rely on servicing and trustworthiness...

Correct me if I'm wrong😁

This post has been edited by Lio85: Jun 18 2012, 10:59 PM

Yes that's true. HLB max margin only @ 30 years or age 65 whichever earlier.

HLB is offering:
Max margin @ 90+5
Max tenure @ 30 years or age 65 whichever earlier
Interest @ BLR-2.40 for loan more than 300K
Minimum 3 years lock in @ 3%
DIBS
Semi flexi or fully flexi
MDTA is optional

If need assistant, feel free to call me for assistant.

Thanks. Good day!

Full flexi must maintain current a/c. Current ac shall need to pay upfront set up fees RM200, and monthly maintenance fees RM10. Every withdrawal of access money from current ac is foc.

Semi flexi need not maintain current a/c, so no Charles on any ac. But in case to dump in money to off set principal,it's dump into loan ac, saving ac only for the purpose of auto debit monthly installment. Every withdrawal, charges RM50. Must give bank notice.

Yeah, of course I'm right~ check my signature...haha

No need to join fitness or California lu~

Yes. OCBC only had semi flexi loan.

BLR or BFR only the term is difference. Base Lending Rate or Base Financing Rate. Both currently are 6.60%. Maybe due to its Islamic, therefore not nice using lending😁

Normally, Islamic and conventional nothing big differences. What about think like this way, it do have a lot benefits too. In Malaysia, BNM sure will protects bumiputera, am I right~

The differences mainly is Islamic will set a ceiling rate@10.60%. The bank max interest can charge to customer. You may noted from LO do stated the bank selling price. This selling price may afraid u, because they add in all the finance interest and principal borrow base on 10.60%. But no worries, when the time when u sold or refinance the property, bank will rebate to you. So far nowadays a lot of Chinese also taking Islamic loan as well.

Correct me if I'm wrong😁

Yes. You are right. Fastest in 24 hrs in condition approval.

For HLB, under DIBS schemes, strictly not allow to finance legal fees and MDTA.

Yes, MDTA is optional not compulsory.

Max tenure is @ 30 years or age 65 whichever earlier~

Best interest @ BLR-2.40% (competitive rates right?)

Both semi flexi or fully flexi loan~

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Added on June 27, 2012, 11:42 pmI wondering, is it possible to use borrower own lawyer for loan agreement? Seems developer didn't absorb the loan legal fees.

Is there anyone using their own lawyer?

This post has been edited by Lio85: Jun 27 2012, 11:42 PM

To clarify to you all, so far HLB max margin can goes to 85%, quota still have a lot. Why these happen is mainly due to bank side realized there are rebate of 5% on downpayment. But if insist propose 90%, possible too. Provide if you are HLB existing customer with plenty of FD in order to secure bank risk, but subject to approval ya~cheers

Nope. It wont, once the banker said its approved @ 90%, meanwhile you had viewed the LO is 90%. Then that one is finalized one. Bank wont call back the 5%~ Dont worries~

Nope~totally diff. Cash purchase not a good finance method.

Furthermore, bank won't so ridiculous instruct u dump in 300 FD to secure their risk. Haha

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Added on July 11, 2012, 7:01 pmSenooi bro~If really UOB did that possible too, I believe u must be taking the loan more than 2M...Lolz

This post has been edited by Lio85: Jul 11 2012, 07:01 PM

Oic, kidding bro~ but for sharing it's possicle too. Seems commercial max margin is about 80-85%, if ask for higher, possible bank will insist to deposit FD to secure risk. But it's depend, normally won't be so much...