the ~6% of total loan for progressive interest paid for 3 years construction is an avg figure a property agent friend gave... cause progressive interest is very subjective and dependent on bank and developer...

ya to my understanding of capitalized interest is that... it will sum up the interest to the loan amount... i think i would go for capitalized interest... in case if BLR suddenly shoot up high like last time, or construction slower than expected, then more money is needed to pay for the interested for nothing... but will ask the bankers to do some simulation first la...
im on the 4th floor if counting from the pool level 6... and facing directly to the pool... should can still see some shapes la... hehe...
i also would prefer the ones facing puchong, but phase 2 would definitely rise price one...

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Added on August 3, 2012, 11:46 amhaha... true... delaying debt is better for debtors, since money value depreciates over time...

my face not so thick enough to hang around pool or jacuzzi to stalk...

This post has been edited by mango27: Aug 3 2012, 11:46 AM

Wow, what is the sales status until 18th floor?

Hmm, seems all close to RM 400k...

seems like Koi Kinrara -> K Boulevard -> Calisa N -> Calisa M -> Koi Prima -> then only D'Aman... Masteron progress kinda slow IMO...

the sales status not bad, or just another sticker game... pool side view mostly booked, left like 1-3 units high floors... but the "lake side view" still have quite a few units high floors available...

ya... this comparatively to koi prima is more ex... but lesser total units available...

Mango taiko, Actually for me, I rather they don't rush their project like what problem faced in other developer. Concrete work and other work man-ship is most important. I noticed the previous project like koi kinrara & koi tropica also not bad. Price appreciated... Only then I have faith with this developer.

So developers out there, don't rush ok doooooon't rush, we want quality - they want quantity.

I'm staying in a high density area now la. If you know what's experiencing now then you will know why I dont mind little higher for my DAman.

Just gotta know one of my Uni friend bought a unit in puncak alam (seems like development there is aggressive). If compare these two place I rather choose to invest Taman MAS.

Hi, where r u staying right now?

Hope D'Aman really so low-density, not one block of Calisa M & N.

And hope the security is good enuff to avoid curi-masuk by people from calisa M & N and the other nearby apartments.

Currently stay in bukit OUG condo lor... Been stayed there for 3years. Once DAman ready will rent out my OUG condo coz lrt also coming up there. Hope I can easily rent out later.

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Added on August 16, 2012, 7:36 pmSean, I just saying my point of views la... If you want u can come bukit OUG condo looks for me geh.



This post has been edited by bumbubali: Aug 16 2012, 07:36 PM

Too slow progressive interest accumulated high leh.. Of cause workmanship is important.. I don't mind slower pace if guaranteed better workmanship.. But slow doesn't mean good workmanship.. Hehe..

But what other ppl especially those in koi kinrara don't like is the developer keep changing their promised VP date.. For me is don't simply promise a date when can't confirm deliver la..

The layout shows all 3 blocks detached.. And need access card at lift lobby.. By right calisa ppl can't aces the facilities la.. If they somehow managed to use, then protest la.. Since they're not paying maintenance fees.. Hehe

For D'Aman Buyers who applied Maybank Loan, any news at ur side?
I just approved and ask to sign the Letter Offer. Just wonder that can i drop Maybank and choose others after signing off this Letter Offer?

I have a few missed calls from Maybank today... didnt pick up cause was sleeping...

http://forum.lowyat.net/topic/878356/all
should have some sort of penalties... can refer to the thread...
when is the dateline to sign the offer letter? which bank are u considering?

Who are the panel banks?

Oops, then i have to read thru the letter offer carefully.
The banker tell me due date will be 2 weeks from the date issued.
It was Maybank, so far this is the one i applied, but i do call many other bank like ocbc, hong leong, stand chart, but there seems like not really interested to this project.

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Added on August 19, 2012, 11:22 pmdeveloper told me that having public, rhb and maybank. but so far, just maybank declared their package. maybe the others 2 will have better package at the end, during lauching day. masteron say will launch D'Aman end of Aug, but still no updates.

This post has been edited by thszone: Aug 19 2012, 11:22 PM

I did ask my friend from OCBC they said developer will engaged different banks for their end financing. As I study those packaged available we choose Mbb so that we can differ the interest payment. Thats why i only proceed apply for that. The rest of the panel banks - apply progressive interest.

so have you signed your MBB loan offer? MRTA compulsory? I've just got a call from MBB for the offer letter... should i proceed? but like you said, only MBB have capitalized interest...

I'm thinking on this too, should i proceed? But D'Aman still not officially launch! It may have other bank with better package at the end!

or the other way round... Koi prima case is where PBB offered very good package, not knowing Masteron offering high rebate... then found out and pull out... but those signed earlier still got the package...

Not un, bro~ can further explaining on this case?

Well I did Signed, knowing that's the best so far, I just worried once the bank criteria changed I might not get this offer anymore i.e. Capitalized interest. That's why I faster signed oredi last week!!!

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Added on August 23, 2012, 11:38 pmYa Mango taiko, this is what I concern too. Well my part settled Liao. Now waiting to sign SPA 

This post has been edited by bumbubali: Aug 23 2012, 11:38 PM

Previously PBB gave best offer among all banks for Koi Prima... they didnt do research dunno Koi Prima give 10% rebate... so it means riskier for them since its low entry for new house... so they pull out in the end and no more as Koi Prima panel bank...

edit: not sure pull out as panel totally or give lower LTV 80%

not taiko la... poor dude only... ya MBB package is by far the best, even compared to koi prima packages... -2.4 and capitalized interest is very good... but lock in period 3 years la...

This post has been edited by mango27: Aug 24 2012, 12:10 AM

OIC~ understood~
But y bank will feel riskier while developer giving 10% rebate?

Then maybe we should sign for MBB LO.
Is the 3 yrs lockin period stick together with the 3 yrs capitalized interest? if so then means no problem for the 3 yrs lockin period rite? when i start to pay installment, lockin period released.

becoz it will cause over financing.

For example, developer is giving 10% discount and bank approved 90%, means the bank is financing 100% loan.

Hence, bank will normally avoid this with options of giving 90% based on net price or lower down the LTV.

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Added on August 24, 2012, 8:47 amMay I ask this project fully sold out?

This post has been edited by CL Ku: Aug 24 2012, 08:47 AM