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 GLOMAC CENTRO @ BU

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mini126
post Mar 5 2013, 11:30 AM

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QUOTE(yschaw @ Mar 5 2013, 10:35 AM)
by d time centro vp, the rental for this particular area shld b ard 2k +, if fully furnished unit 2.5k shld not b a problem as currently pelangi utama is renting out ard rate.
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If purely for rental play this Centro is a negative investment.

Average installment for 30yrs is around 3200 + 250 (maintenance fee), total 3450 permonth.

Negative 1000+ every month.

Centro need to rent at least 3500+..

This post has been edited by mini126: Mar 5 2013, 11:32 AM
fooj
post Mar 5 2013, 11:41 AM

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QUOTE(mini126 @ Mar 5 2013, 11:30 AM)
If purely for rental play this Centro is a negative investment.

Average installment for 30yrs is around 3200 + 250 (maintenance fee), total 3450 permonth.

Negative 1000+ every month.

Centro need to rent at least 3500+..
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Rental just play a role as a catalyst to expedite the loan repayment duration. the owner still need to pay the instalment. this is how I see :-)
chickyyuan
post Mar 5 2013, 02:18 PM

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Just secured a unit at Glomac Centro as well...facing DU side

Now waiting for loan approval! Went to the site over the weekend...there are quite a number of squatters surrounding the development..but the access to Sprint highway and DU is good i would say that.. a lot of small roads connecting

However not sure how choked up the road during peak hours
seanooi880327
post Mar 5 2013, 02:21 PM

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QUOTE(chickyyuan @ Mar 5 2013, 02:18 PM)
Just secured a unit at Glomac Centro as well...facing DU side

Now waiting for loan approval! Went to the site over the weekend...there are quite a number of squatters surrounding the development..but the access to Sprint highway and DU is good i would say that.. a lot of small roads connecting

However not sure how choked up the road during peak hours
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whats the price?
chickyyuan
post Mar 5 2013, 02:30 PM

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QUOTE(seanooi880327 @ Mar 5 2013, 03:21 PM)
whats the price?
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Around RM520/sqf (aft discount)
nick_sys
post Mar 5 2013, 02:49 PM

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anyone got your stamping snp? normal take how long, mine pending for Glomac signatories, without this Banker cannot do loan agreement, another side Glomac ask to execute the snp, as yesterday received 1st reminder. stuck here. Any advice.

This post has been edited by nick_sys: Mar 5 2013, 02:50 PM
fooj
post Mar 5 2013, 03:24 PM

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QUOTE(nick_sys @ Mar 5 2013, 02:49 PM)
anyone got your stamping snp? normal take how long, mine pending for Glomac signatories, without this Banker cannot do loan agreement, another side Glomac ask to execute the snp, as yesterday received 1st reminder. stuck here. Any advice.
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There's 3 months grace period for Glomac to bill ur bank. Don't worry ! :-) I got my S&P stamped d.

nick_sys
post Mar 5 2013, 03:25 PM

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oic ok ok TQ.
yschaw
post Mar 5 2013, 04:02 PM

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QUOTE(chickyyuan @ Mar 5 2013, 02:18 PM)
Just secured a unit at Glomac Centro as well...facing DU side

Now waiting for loan approval! Went to the site over the weekend...there are quite a number of squatters surrounding the development..but the access to Sprint highway and DU is good i would say that.. a lot of small roads connecting

However not sure how choked up the road during peak hours
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If u r coming from jln masjid (pelangi utama)Normally the que will starts from the se terra, it will takes abt 20 minutes to reach the junction connected to sprint.

as an alternative, u can cut thru the town house area and joining back to BU or just use the road next to the low cost housing area to DU.

A lot of alternative routes available.
chickyyuan
post Mar 5 2013, 04:08 PM

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QUOTE(yschaw @ Mar 5 2013, 05:02 PM)
If u r coming from jln masjid  (pelangi utama)Normally the que will starts from the se terra, it will takes abt 20 minutes to reach the junction connected to sprint.

as an alternative, u can cut thru the town house area and joining back to BU or  just  use the road next to the low cost housing area to DU.

A lot of alternative routes available.
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Thanks for the update! that's what i like about development with lots of alternative routes.... smile.gif
bengwira
post Mar 5 2013, 07:18 PM

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QUOTE(nick_sys @ Mar 5 2013, 03:49 PM)
anyone got your stamping snp? normal take how long, mine pending for Glomac signatories, without this Banker cannot do loan agreement, another side Glomac ask to execute the snp, as yesterday received 1st reminder. stuck here. Any advice.
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Don't really understand, the S&P is pending because of Glomac's fault but at the same time they chase you for the S&P?

i just got the loan approve by have not sign the S&P yet, Glomac didn't chase either.
nick_sys
post Mar 5 2013, 08:30 PM

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Receive reminder from Glomac, ask to execute the snp, get the loan. But the snp is pending for stamping.loan agreement need the snp.
fooj
post Mar 5 2013, 10:14 PM

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QUOTE(nick_sys @ Mar 5 2013, 08:30 PM)
Receive reminder from Glomac, ask to execute the snp, get the loan. But the snp is pending for stamping.loan agreement need the snp.
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That is just some letter they sent by default only.
bengwira
post Mar 5 2013, 11:51 PM

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Hi all, need some advice for the loan lawer

would it be better if i am using the same panel Snp lawyer for the loan agreement, should be more convenience and hassle free right, i guess..

how about you guys? are you use different or same lawyer
fooj
post Mar 6 2013, 08:49 AM

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QUOTE(bengwira @ Mar 5 2013, 11:51 PM)
Hi all, need some advice for the loan lawer

would it be better if i am using the same panel Snp lawyer for the loan agreement, should be more convenience and hassle free right, i guess..

how about you guys? are you use different or same lawyer
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I used different lawyer. You need the lawyer that's being approved by the bank.

cpawlin
post Mar 6 2013, 11:19 AM

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QUOTE(chickyyuan @ Mar 5 2013, 04:08 PM)
Thanks for the update! that's what i like about development with lots of alternative routes.... smile.gif
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Hey bro

Is ther many units left for sale? Mind sharing what price you bought and what's the discount given now? Thinking of getting one though..

Kam sia
fooj
post Mar 6 2013, 11:32 AM

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QUOTE(cpawlin @ Mar 6 2013, 11:19 AM)
Hey bro

Is ther many units left for sale? Mind sharing what price you bought and what's the discount given now? Thinking of getting one though..

Kam sia
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I check there's still one more unit left for 1175 sq ft , at level 03 or 03A , facing DU (East). Price I'm not too sure. Perhaps you can drop by and ask ? I saw it last Saturday when I drop by to collect my S&P :-)
chickyyuan
post Mar 6 2013, 11:37 AM

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QUOTE(cpawlin @ Mar 6 2013, 12:19 PM)
Hey bro

Is ther many units left for sale? Mind sharing what price you bought and what's the discount given now? Thinking of getting one though..

Kam sia
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Hey bro - i bought the 1279sqf (RM521/sqf - after disc) low floor unit but no obstruction from the shop lots (as it is three storey high shop lots) and condo at far...

They are giving 10% discount (to offset your DP) or you can opt for the ID package worth more than 100k

As Foo pointed out - better go there and have a look! There are a lot of high floor still available - maybe you would want to go for DU side as facing BU side are all taken up...

1423sqf units are still available though..midfloor


QUOTE(fooj @ Mar 6 2013, 12:32 PM)
I check there's still one more unit left for 1175 sq ft , at level 03 or 03A , facing DU (East). Price I'm not too sure. Perhaps you can drop by and ask ? I saw it last Saturday when I drop by to collect my S&P :-)
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Agree with foo - th
bengwira
post Mar 6 2013, 11:55 AM

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QUOTE(fooj @ Mar 6 2013, 09:49 AM)
I used different lawyer. You need the lawyer that's being approved by the bank.
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Thanks. i check with my loan agent but he said i am free to use any lawyer firm..noo restriction on this..
fooj
post Mar 6 2013, 12:02 PM

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QUOTE(bengwira @ Mar 6 2013, 11:55 AM)
Thanks. i check with my loan agent but he said i am free to use any lawyer firm..noo restriction on this..
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Then pehaps you can engage my friend's law firm then. I initially want to use hers , but my bank told me take longer time to process if use non-panel lawyer ! Argh ! dunno true or not. In the end I use back the bank panel one la. Ish !


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