It just like a case of giving bribe to police. You may say everyone is doing it, but it may not mean it right. Right is right wrong is wrong there is nothing call everyone doing it mean it right.

in that case it is a matter of preference and bargaining power.. internal reserve or internal launching for business associate usually doesn't involve undertable, unless someone abuse the privilege..

IMHO, right or wrong is just morality judgement, the real issue is is this practise being regulated..

We await your reply from developer and MACC

MACC is not from me lah. I will update you guys 'if' knox reply me.

My view is that this is not something the developers will do anything about. The only viable way to have it fixed is to have the policy makers implementing some rules/regulations to enforce this, for example requires all bookings' fully auditable and transparent, sales chart must be reflective of actual bookings, bookings cannot be transfered and must be return back to developer etc etc. But too bad lar, the policymakers are vested with other interested so this route is also not workable.

wah... tai kor. mind sharing how you wrote?
firstly got prove that the development kena sapued or just hearsay from here?

and even if they do so, does that mean they are wrong? after all they develop it, they sell it. how they wanna sell or who they sell is their business, no? willing buyer willing seller concept. they don't owe anyone right?
think nowadays, developers also caught in some dilemma. no more outright official launch. they do preview to gauge response and lock-in 'sales' first.
imagine official launch, tak laku but locked in some sales, how? jalan or tak jalan projek?
if preview also tak laku, got chance to amend project again mah.

Well, they can do all these internal launching/booking, I not so care about it if they leave around 50% of the units for the public to have a chance to grab a unit. now it is left less than 20% for the public to grab, this is just not fair for the public especially those really looking for own stay. might as well just sell all to internal and don't ever publish it to the public.

They are sellers they can choose to sell to anyone first or later.

again, i'm not too sure whether this is a fact or it's based on hearsay.
put yourself in their shoe. would you prefer to fully sell out at your intended price? or risk putting 50% of your units in open market and might not be able to achieve 100% take up rate later?
it's purely business, nothing personal (ala Donald Trump)

unless it is being regulated and I would say as of current, it looks like a loophole..
It will be legally wrong for Developer to hold booking fees before AP, however they manage to find a way which is placing the booking with their stakeholders who are usually their panel LAWYERS.. do you think lawyers do not know what is "Legally Right and Wrong"??

Developers and Lawyers had covered their axx pretty well before they conduct such practise..

anyway, awaiting Knox reply

Hehe especially to those who are looking for a home, will stand a much lower chance to get compared to "investors" Since I believe those who bought it internally, aren't doing it to live in

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Added on May 21, 2012, 12:52 pmJust curious, which part do you think is "hearsay"? The one where it is sold internally first before releasing to the public?

This post has been edited by khelben: May 21 2012, 12:52 PM

Yes, i think sure not for own stay. If you 'really' like it, then you may try to 'cable' in to the 'investor' maybe with some undertable. I heard from the agent actually there is no cheque issued yet from them. All are only verbal booking due to the connection inside. But bear in mind if there is a real MACC investigation, you have to prepared. My opinion is dont buy if there is such practice. Good property is always there for everyone. Take your time and see, think the current market price at least will hold for another one year with all the Greece turmoil. Likely will take turn from greece, Italy, Spain and very possible of slow down from China as well.

the best will be wait till it completed and buy from subsale... less risky...

i just don't get it, if the property is not hot, even doing internal launching wont help at all, all the investors with the correct brain analysis also wont buy it. if the property is hot, thousands will rush to buy it, not even need the internal/vip launch. in fact, all these are on the favors of the vips.

i was referring to the comment where hearsay/fact of this project already achieve an outstanding booking/sales rate.

It's about creating competition. The early investors got an advantage, either in the price and/or selecting the choice units, so they are much more willing to go in, early. Worse if the property can transfer name they can also dispose it with some undertable money. Then when it's open to the public, the public got an impressive that it is a hot selling property, so they are also much more willing to commit to it.

Is this the most anticipated high rise deal thus far in 2012? It seemed it is. Haha. Seriously interested.

Haha it's just the opposite to me, I am not interested ! All the taikors say it's for own stay, so I don't need another place which is near the air hitam forest.

Puchongite taikor, I think this is good flipping play. So many ppl interested in own stay. Don't think there will be lack of sub-sale buyers later on. Don't tembak me, just personal opinion.

My cable not strong and by the time I got the unit ( if at all can get ), it's already "sau sui" or "mui choi".

This post has been edited by puchongite: May 21 2012, 03:35 PM

I think so. And should be it is thus far.

It doesnt need to be IOI or SPS to have this response, if they were, dunno how many pages of this thread dy.

Probably it is the concept most people looking at. It shown ppl buy KR1 or KR2 not only bcz of the location.. The pricing are quite fair, just the price point are a bit high side since most units are biggies.

I also very tempted with the low dense of 238 units. But my bullet probably pull me off.., lol