nope, lock in period start counting after project completion...

nope... they only release phase 1 till now... still got few units for high floors for phase 1, mostly facing "lake view" not pool view... not sure when they'll release phase 2 but will be increase price la...

what is the price and size?

Oops, the agent told me it start counting from the 1st reimbursement from bank to developer. I'll confirm w them again.

Yup, phase 1 floor < 17 are 95% sold out, just wonder that izzit just a "sticker game" sales technique of the developer.

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Added on August 24, 2012, 9:20 amstandard unit 1076 sqf, around RM360+ per sqf, after 10% rebate.

This post has been edited by thszone: Aug 24 2012, 09:21 AM

Sale agent told you? What reimbursement?
The banker told me its after VP start counting.. For most package I know of is like that..

There will always be loan rejected units as they claim one.. But I know calisa is fully sold off la..

They told me it will start counting when the 1st time developer claim money from bank, even claiming for building car park or ground floor also consider as 1st reimbursement from bank.
Means when the project start to develop, is almost the time lockin period and capitalise interest start counting.
This is what i'd understand from them.
Please help to confirm also, and share to me, thanks.

disbursement you mean...

Btw, do you anyone know is all management company for condo under same developer will be the same? For example, is Koi Kinrara having same management company with Koi Tropika?

i got to know from my colleague that Koi Tropika had 16 break-ins in the past few months and her unit got broken into as well when she went for vacation... the residence there suspect its the Africans or even the security guards themselves... cause most break in was targeted when they were away... i wonder will D'Aman have such management or not...

i think not~ cos we will need to build our own community for our condo nxt time, so we can change the management/ security company our own, if all of us (the owner) agreed to change.

I've already paid for the deposit but still no news from the developer what to do next...anyone received any call from the developer?

u may start to apply loan. At this moment SPA not ready yet cos this project not officially launched. Also, Wat i understand is that they will only prepare SPA once you hv accepted the loan offer.

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Added on August 26, 2012, 12:02 pmAgreed. Joint management board needs to be formed in order to maintain the condo properly. Mutual understanding among owners is very important to ensure tight security control, funds managed properly, facilities well maintained. If not, it will be another koi tropika..

This post has been edited by jeoneun: Aug 26 2012, 12:02 PM

When i signed my Mbb offer, that day i confirmed with the banker the lock-in period started from the very first day the developer claim for their disbursement, which i believed should be the day they start the ground work. It stated in my Loan Letter offer page 5 - it says "3years from the first loan released ", well... Mango & Thszone taikos do double check this with them before you sign wor.. .
Looks like for us who bought early will finished out 3years lock in period by the time they finished their constructions.

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Added on August 26, 2012, 12:39 pmI agreed with Thszone Taiko, i think we as in community we all need to decide that we will NOT rent out our premises to AFRICAN no matter what. My friend told me his condo at Pelangi Utama, those AFRICAN willing to pay higher and even some were paying 1-year rental i.e. many owner attracted to take this offer by them and they dont need to worry for the rental payment.

Regards to the management, i've no much comments but i did know that some condo / apartment were kicked out and the community normitted a new management team. Sounded like POLITICS ELECTION now.... ha...ha..

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Added on August 26, 2012, 12:47 pmWeera have you call them? some of us got our loan. I met this banker at the Sales office. I immediately submitted my documents for application a week after i done my booking.

This post has been edited by bumbubali: Aug 26 2012, 12:47 PM

Yup, we can proceed to apply loan in the mean time, but we must pressure them to launch it asap, cos we need them to officially launch, and c what is the finl offer of the other bank.

Heard that Public Bank can offer up to 2.5% for 1st year, 2nd and 3rd year 2.45%, and 2.4% for the remaining years.
But without capitalized progressive interest.
I don't think capitalized progressive interest is a MUST, it had disadvantage also. all the interest within the 1st 3 yrs will sum up to the total loan amount, and when the 4rd year we start pay, we need to pay extra interest for the total interest of the 3 years past, if the total interest for the 1st 3 years = 30k, 30k*4% = 1200, per year.

hope we all are buying for own stay, and i won't turn into another koi tropika. god blessed.

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Added on August 26, 2012, 8:24 pmso fast u signed the MBB offer letter?
if other bank can offer better package?
do u think 3 yrs progressive interest is good?
plz share ur comments. Thanks.
and i think we should give the developer some pressure to launch it asap. scared they will delay it too late.

This post has been edited by thszone: Aug 26 2012, 08:24 PM

Anyone has requested a copy of the draft 3rd schedule of SPA as stated under Repayment in the offer letter from developer?

As far as I know, this schedule will show how the developer will be going to claim the progressive payment from the Bank during the construction stage. This is important bcos it will impact on the interest payment regardless you go for capitalised or non-capitalised progressive interest.

Informed by developer that the first 10% (so called loyalty program) is sufficient for them to construct up to Level 6 (Facilities floor). No claim to be submitted to the Bank until construction of residential floor (i.e. Level 7 and above) starts.

In short, the higher floor you bought the lower progressive interest will be charged on you. Again, this will apply on both capitalised or non-capitalised package.

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Added on August 26, 2012, 10:50 pmPBB service sucks. Not sure their bank management has resolved the car park issue or not. This has resulted they cannot proceed the issuance of LO to customers. Also, no updates from them. They thought no other bank in this country..

Anyway, their so called better rates and worthwhile waiting package (as claimed by the PBB banker) are no difference to MBB -2.4

The monthly instalment is the same as the rate's difference is too minor

This post has been edited by jeoneun: Aug 26 2012, 10:50 PM

Well thszone... I'm taking Flexi package, even though I took capitalized interest, whatever money extra I dump in will help me save those interest. Made sense?

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Added on August 27, 2012, 12:46 amJeonjun Sifu... My past experience with Mbb sucks too, but this time round it's ok - I think it's more towards the banker themselves gua...

As for the rates, agreed Pbb given the highest so far. But I was told only it's 1st year blr-2.5%, 2nd is blr-2.45% & thereafter will be blr-2.4%. But being the construction years, if progressive interest does that make a different? Or it's just a marketing gimmick to make their package looks good...


Sorry if there's any Pbb bankers here. I'm just trying to rationalize this.


This post has been edited by bumbubali: Aug 27 2012, 12:46 AM

Yup, agreed~ Thanks for ur comments~

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Added on August 27, 2012, 8:45 amYes, you r rite~ taking flexi-loan we are~ thanks for ur remind~

i guess so, just a marketing technique to make their package attractive, actually just a minor differences.

This post has been edited by thszone: Aug 27 2012, 08:45 AM

thanks jeoneun for the info...

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Added on August 27, 2012, 1:31 pmthanks bumbubali, i will give them a call...

This post has been edited by weera: Aug 27 2012, 01:31 PM

Just realised there are 2 stations which under ampang line extension, are planned for future construction. Not under the current project which scheduled to be completed in end of 2014.

One of the affected stations is station 12 which near Taman Mas.

Wondering whether the developer is still using the station 12 as marketing point or not. Potential buyers deserve to know that the nearest station by 2014 is station 11 (Puchong Prima) NOT 12.

Yup, here is the map for LRT location.
But i personally don't like it to be too near to D'Aman, coz i'm buying for own stay, around 1km distance is the best.

This post has been edited by thszone: Aug 27 2012, 05:12 PM


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I would like to know about this too... if anyone has further info please do share...

the claims from developer does vary so its quite subjective... there were developers i heard claim from bank once car parks is built and some claims not floor by floor but phases of floors(ie, 3 phases low floors, mid floors and high floors of residential floors)... so its good to know what is confirm... but do we have the right to request for the draft?

and ya, it was the SA that approached me told me STN12 was postponed STN11 is ~2km away... i also do prefer LRT not too close as it would be target of more students if it were just walking distance apart...

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Added on August 28, 2012, 2:54 amso what is the monthly amount after capitalized interest for MBB? banker mentioned is around ~RM100 extra right? so if u dump in extra money to offset the interest, but your minimum monthly repayment will be still extra ~RM100 right? Also, how much is the legal fee for MBB loan?

This post has been edited by mango27: Aug 28 2012, 02:54 AM

Maybe we can try to request for it together, they only willing to provide while many people requested for it, let's do it together by this coming weekend.

God blessed LRT not too close to D'Aman.

I think is based on how much total amount claim by developer, i don't think will be as less as RM100. From my friend experience, developer will claim part by part, not only once, eg. car park, facility, elevator, ... Will claim full while the roof of our floor build.

I wanted to know about the legal fee for MBB loan also, plz share it while u get the answer, and other important details.

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Added on August 28, 2012, 9:38 amFYI, i heard that public bank loan will separate the loan contract into 2, one for house property, and another for car park. while car park can only loan up to 70%, we need to pay downpayment for the 30%. Just wonder that will maybank do this so? plz help to confirm with your banker. Thanks.

This post has been edited by thszone: Aug 28 2012, 09:38 AM

100 per month means 1200 per year.. 35 years is 42k d.. so its not less IMO..

But how they calculate the car park since it suppose to be free 2 car parks?