huh..really??? i just afraid that booking fee had paid and loan approved but suddenly the project burn down..

I'm not very familiar with this developer as this is my first property for own stay. But judging with the various development this developer has in Puchong area and Calisa progress, I won't be afraid that the project will burn down, but just worrying that when will they really launch it and whether are they able to complete the development by June 2016 as they told me

Oo..but in my opinion, i think they cant complete by June 2016. If late also ok..

This post has been edited by piggy123456: Mar 14 2013, 01:52 PM

I think no need to worry so much. The project may delay, but i don't think it will burn down. Even project burn down, as long as they not yet start the construction and claim from bank, i don't think it will cause us problem.
And no worry to the compound penalty, it was 2 years ago, if now they still not settle that payment, all the bank will not loan to us for blacklisted developer, they are worrying than us, they should have did validation and analysis to the developer.
Let's wish and chase for the project launching and start piling asap!

This post has been edited by lovevivi: Mar 14 2013, 09:27 PM

Currently contacting with UOB banker, he said will try to help fight for BLR-2.4%, but cannot confirm yet.

What is the rate you get from MBB??

Ya i also doubt they would abandon this project since it supposed to be part of Calisa... Calisa N gonna VP "soon"... it really depends on the SNP stamping date... if the stamp date is June 2013, then they have to deliver by June 2016... but that is just VP... to obtain CF might need a few more months... so if you buy for own stay, should account these few more months into your planning...

MBB rate i got is BLR -2.3% only, but with capitalized progressive interest... that time only MBB was panel so i took it anyway...
btw, the MBB banker also told me will fight for -2.4% but failed...

Just went to da sales office to place my booking...spoken to their staff, he mentioned that the project should launch arnd May..state that iif until June and the is not launch yet then say we can cancel da booking if still hv no confident with the developer...

We chatted a bit n know that calisa n d'aman are projects directly under masteron and not sub con to 3rd parties like all the koi projects in puchong, so hopefully the quality is there..

There's 2 new model unit arrived today, one wif the layout of da facilities n one is a bigger model of d'aman itself



Hopefully the arrival of new model means launching is soon..they oso printed new flyer n they confirm that the land title will change from commertcial to residence n lease year will b renewed after completion of project..

This post has been edited by WiLyi: Mar 16 2013, 07:10 PM

The disappointing part is that they keep giving launch dates which not going to be materialised. This kinda tactic is not doing good with their reputation.

If they intend to become a established developer, they must re-look their approach in terms of starting one project. It's frustating from many buyers' point of view.

Last heard it will be launched by Mar'13 plus sweet story like the start of piling works will come together with launching.

Don't give expectation on any launching dates told by them. The only thing I believe that they can't start yet is because the sales not reached their acceptable level. Don't get shock if the piling only starts end of 2013 coz the estimated completion is by 2016.... and it could be Dec'16... who knows!!!

I bought a unit at level 8, 460k, how much would the loan agreement cost me?

How much roughly will the legal fee cost? Based on Budget 2013, 1st time home buyer are entitled to 50% off the stamping duty. Is this applicable?

if not mistaken, legal fee is 1% of the loan amount. But, this property should be free of SPA fee and stamp duty, rite?

walao eh.. i visited this show unit last year and met their SA, that time they say will launch within last year..til now also not yet launch ah? though selling hotcakes already... anyone sign SPA?

Based on new budget 2013, 50% off stamping is cap at 400k only...

Use this Calculator

Both SPA and Loan agreement also got Legal fees and stamp duty... Legal fee for both is the same only stamp duty for loan agreement is lesser which is 0.5%... see this table... this property i think free SPA only...

last i heard they havent get AP yet also... no SNP signing yet... sign SNP d then still need to wait for SNP stamping, which might take months even... i also wait till sien d... really if by May/June no SNP signing i will consider pulling out... my unit very nice if anyone interested

This post has been edited by mango27: Mar 27 2013, 10:55 AM

if u pull of then will have penalty charges? and by the way, i thought d'aman is facing low cost flat? there is a piece of land in front of it cleared...for low cost flat?

my banker told me that the legal fees charged to my unit will be approximately RM5800++, which is close to 6k. Is this what you all getting? I am going to give a call to the law firm to check what are the things included.

Yea, when I book the unit that time, the SA sounded so promising that they will start the project and signing SNP by May/June. But after reading so many reviews, i realized that they keep on delaying.

someone say SA stated if by June no SNP signing can cancel booking... normally cancel booking they can just charge the admin fees then refund the rest... admin fees maybe 300+ like that...

ya i heard is low cost housing there also... but noone can confirm...

mine is slightly cheaper than yours since my unit cheaper than yours...

I assume that is all you need to pay? what else charges are there? I am a little bit confused now. And btw, thanks for the info

supposingly la.. if they dont have the AP yet, they cannot sell 1... duno wats wrong

by the way, i cancel a unit from Masteron b4... i think penalty is about 500++