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Investment Desa Green Serviced Apartments, New Condo at Taman Desa

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cadmus
post Jul 31 2012, 06:51 PM

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QUOTE(talk @ Jul 31 2012, 10:40 AM)
Yeah, I think the turning at the school will be a problem. I forsee that there will be a long line up of cars from Desa Green in future to get to the highway or Smart Tunnel. They should put up a traffic light there then to maintain some order.
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hm.. the agent told me before that there will be 2 entrance. one is from the slope (the slop from MV to Taman desa) and another will be at the highway itself, before the smart tunnel i think. both the entrance is for in and out.

if from KL, you will need to head to taman desa ramp and then likely u-turn at the traffic light and then use the ramp that exits to KL.
if want to go to KL, use the exit at the highway itself.
if want to go to MV side, exit using the slope.
if coming from MV, use the slope or use the highway side.
cadmus
post Aug 2 2012, 11:29 AM

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QUOTE(icecubes0087 @ Aug 1 2012, 07:39 PM)
The location of this project looks so odd to me. If u coming from Cheras towards PJ on east west link, I don't think you can enter the site directly even though you drive up to taman desa and make an u-turn near the school junction. You need to make a u-turn at midvalley traffic light about 2km further. Correct if I m wrong. I am just thinking that the location of this project is out of nowhere. The authourity should not have approved such place for housing development. It makes no sense at all.

Just my 2 cents.
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QUOTE(Vestor @ Aug 2 2012, 12:06 AM)
It's true that in terms of location, this Desa Condo really good. Just want to find out the entry/exit so that can have better consideration. Btw, is the u-turn at the school inside Tmn Desa, a legal one?
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that was my concern too if coming from cheras/kl and want to go into the condo. but there will be 2 points which works as exit and entrance. So, after uturn at tAman desa, head towards the ramp to go down to the smart tunnel. then can masuk already. that's what i've been told by the agent.
tommorow if i got chance, will check out the show room. hope they allow me in cos i've heard it was for VVIP of UOA (previous buyer of UOA's development)


QUOTE(ronn77 @ Aug 2 2012, 11:15 AM)
Plane crashing? What's that?
Erl train? Is it propose nearby?
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don't know about plane crashing. There is an army airfield just beside it. But I'm not sure whether is it still in operation or not. I recalled that last time, high rise are nto allowed to be buil.d there bcos the airfield was still in operation. But now since there is a proposed development there, likelyhood that the airfield will seize to be operational for airplanes. there is a KTM railway i think beside the development. Between the development and the airfield.

This post has been edited by cadmus: Aug 2 2012, 11:33 AM
cadmus
post Aug 3 2012, 03:06 PM

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already gone there just now. Located at Tower 1, avenue 3, Ground Floor.

For Desa Green, the entrance/exit is at the ramp.

the second entrance is just proposed. Not sure will have or not.

Tower two open for booking, only some levels.

For 935sqft, corner unit facing KL city, Tower 2, level 8, it was like 585psft if i recall correctly (about RM547k). Each floor up is like RM2k.

Timeline. likely early next mth is the pre-launch. Now can book unit but pay the RM10k cheque to the stakeholder, a lawyer firm i think. when pre launch time, have to sign document and then within 2 weeks, sign the S&P. if i not mistaken la.

The walls between units are concrete but between the rooms, tak tau. lol.

Note the design ya. Tower 2 lift is at one end, not middle. rough calculation from the lift to the other end is like 45m+-.

Got pool and sauna and children playground i think. No badminton, tennis or squash court.

No showroom just now. Just soft launch with house layout, location of the development and the Units available table.


Also, anyone can just walk in. but i heard only VVIP (previous UOA development owners) can do booking.. so i've heard la.



This post has been edited by cadmus: Aug 3 2012, 03:18 PM
cadmus
post Aug 6 2012, 11:55 AM

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QUOTE(lOvEbItE @ Aug 6 2012, 11:29 AM)
i asked for brochure and guess what the SA told me? "we dont need brochure because usually the buyers are confident with UOA and they come and straight away pick the unit"... i was like WTF, if u dont have brochure just say u dont have it, u dun have to emphasize that UOA don't need a brochure to sell all units...

the fact is that, they indeed sold all the units without spending any cent to print brochure! cool!
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i asked for brochure too. at least the answer i get is not that cocky.

SA said this is just soft launch. so no brochure etc yet. perhaps, pre-launch in sept will have it.
cadmus
post Aug 6 2012, 12:06 PM

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QUOTE(kenji1903 @ Aug 6 2012, 11:58 AM)
already 90% booked during soft launch... pre-launch just for show only... actual launch nothing to see... no need waste money on brochure/showroom doh.gif
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yeah, still these ppl shouldn't be like that. should be more tactful ma when answering questions. smile.gif

i still wanan see the design on the house. the SA said that there is no double pane window le.
so just curious on the sound of trains and since high rise, the winds sounds.
cadmus
post Aug 30 2012, 09:57 PM

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any news when is the official launch?

interested to know when will need to sign the S&P (usually 2 weeks after official launch) for those that already booked the unit.
cadmus
post Sep 27 2012, 04:41 PM

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my agent haven't contact me.

paid RM10k stakeholder fee for a unit in Tower 1. 3bed type at 933sqft.

anyone can update me unofficially what is the new size sqft?
cadmus
post Oct 25 2012, 06:13 PM

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QUOTE(lekkor @ Oct 25 2012, 05:24 PM)
Panel bankers increased from 4 to 6, with HLB and HSBC added into the list.
I checked with the SA, apparently there is no price adjustments for units in Tower 2.
There are few units still available in Tower 2.

Tower 3 will not be launched so soon. SA told me the price difference between Tower 1 and Tower 2 is very minimum, cannot be disclosed.
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here got many ppl that bought it. dig further and perhaps u can find the pricing but it all depends on types and floors. Tower 1 and Tower 2.
cadmus
post Nov 6 2012, 09:42 AM

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i wonder whether do they have extra parkings for public. If outsiders wanna yum cha, they have to park the car soemwhere.

if not parking, hardly will get business from public. the business will then be catered for the residents only.

this assuming the komuter parking area not yet start operational.
cadmus
post Nov 6 2012, 12:00 PM

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QUOTE(AppreciativeMan @ Nov 6 2012, 10:17 AM)
As far as I kno... They do hav visitor's parking lots.... However, i think that is going to be very limited too...
I also wonder will UOA clear the site tat is for future park and ride plot so as to cater additional parking lots for residents in Desa Green.... After all Desa Green indeed hav very limited parking space....
Nevertheless, I still love this project.... Accepting the fact, nothing is perfect....  thumbup.gif  thumbup.gif  thumbup.gif
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yeah lo. it would be good if the park & ride carpark come out in time.. but then again, all in planning stage. don't know when KTM will do it. i pressume when the bandar 1M coming out in few years time lo.. assuming opposition didn't take over putrajaya (their menifesto mention that they will close down 1MDB within 100 days.tongue.gif)


a question to you all. Maybank is offering me a loan that the interest is daily rest but the sales agent told me it is"daily rest but monthly calculated".

i tried to google this but unfortunately, it's not available what they mean by this combination. my understanding of daily rest is that the interest portion is calculated based on the balance daily. then, why got the "monthly calculated" thingy? any1 can explain a bit to me? thanks in advance.

a
cadmus
post Nov 6 2012, 02:01 PM

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QUOTE(AppreciativeMan @ Nov 6 2012, 01:01 PM)
Again.... As far as I kno.... The project hav only 1500 parking lots... Total units in the project, 1388.... So remaining 112 lots for visitors and for sales....


Added on November 6, 2012, 1:05 pm
Hmm... In my understanding too... It shld means daily rest calculate monthly.... Bank can't be printing daily statements to u.... Hahaha...
However, your sales agent says "daily rest but monthly calculated".... That 'but' I wonder is there any other meaning to it.... I think u need to check with the sales agent......
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assume don't have the "but" word.

so, does it mean that if i have to pay RM2k installment, instead of paying on time with RM2k, i split payment into RM500 every week. Does this mean i can save interest cos it's daily rest as a whole ? Eventhough it's small but does the concept workable?
cadmus
post Nov 7 2012, 09:11 AM

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Does registration of interest cost any money? like booking fees etc? i need to source the $$ for it but not sure can get it in time or not. sad.gif
cadmus
post Nov 9 2012, 07:21 PM

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hi All,

I just received my offer letters from 2 banks.

I have some questions.

1) "Interest shall be calculated on daily balance basis. Compounding interest will be on a monthly basis unless otherwise stated."

Above is the interest calculation basis. If i have to pay RM2k installment... and i arrange my payment in such a way that i pay RM1k mid mth and another Rm1k end mth.. technically, i would save on the Interest portion rite? not sure the statement meaning.


2) Another thing is that Maybank standard T&C got states about "Valuation clause". The clause basicly states that Maybank have the rights to value the property annually or at such interval as Maybank pleases at the customer's sole cost and expenses...In the event that the forced sale value of the property is lower than the the date of this document(i suppose that if they can finance my loan, means the property is at its fair value today), then i have to charge,pledsge,mortgage or deposit with the banks etc etc.

My question is that, how often this Maybank will do this valuation? I don't mind if they do it, but as long as it's not my cost. Also this pledging thingy..if the condo drop price, i have to pledge..wtf..

Need some guidance pls sad.gif
cadmus
post Nov 10 2012, 01:45 PM

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QUOTE(cadmus @ Nov 9 2012, 07:21 PM)
hi All,

I just received my offer letters from 2 banks.

I have some questions.

1) "Interest shall be calculated on daily balance basis. Compounding interest will be on a monthly basis unless otherwise stated."

Above is the interest calculation basis. If i have to pay RM2k installment... and i arrange my payment in such a way that i pay RM1k mid mth and another Rm1k end mth.. technically, i would save on the Interest portion rite? not sure the statement meaning.
2) Another thing is that Maybank standard T&C got states about "Valuation clause". The clause basicly states that Maybank have the rights to value the property annually or at such interval as Maybank pleases at the customer's sole cost and expenses...In the event that the forced sale value of the property is lower than the the date of this document(i suppose that if they can finance my loan, means the property is at its fair value today), then i have to charge,pledsge,mortgage or deposit with the banks etc etc.

My question is that, how often this Maybank will do this valuation? I don't mind if they do it, but as long as it's not my cost. Also this pledging thingy..if the condo drop price, i have to pledge..wtf..

Need some guidance pls sad.gif
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sad.gif

anyone can advice?

really appreciate the help.
cadmus
post Nov 12 2012, 09:45 AM

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QUOTE(AppreciativeMan @ Nov 10 2012, 02:12 PM)
Which was the other bank apart Maybank? Why not u ask the banker? Or what have they says regards your question 1
And for question 2, I doubt there is any bank tat is so free nothing to do and wants to do valuation annually. This clauses I believe is mainly to protect the bank when doing force selling or when market turns bad, where the value of property fall below the loan amount.
Anyway, if u reads every detail of bank's rules, it will discourage u from doing business with them.
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I got CIMB and that is the clause by CIMB. Haven't had the chance to talk to the CIMB agent yet. Just thought of asking here first and see.

That's my thought too. but would like to see whether any1 face this "annually" valuation or not.Thanks for your input. smile.gif


QUOTE(RomaNce @ Nov 10 2012, 03:14 PM)
I have bad experience with maybank therefore out of my list. Go for other bank if u have a choice.
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I guess for your case it's more like the post loan application services?

i am dealing with Maybank HQ agent. Therefore, from what i understand, my loan is parked at the HQ side. If the HQ side tells me BS story and can't help much, then i can't say anything else.

Anyway, thanks for your input smile.gif


Added on November 12, 2012, 10:17 am
QUOTE(Sprop @ Nov 12 2012, 02:30 AM)
Hi All,

It's my first post in Lowyat forum and I'm a first time property buyer.

I have also purchased a unit in Desa Green Tower 2 however, I did not enquire much from the SA, just like what you guys said, they are not being helpful and with the inconsistent information, I can find better information here. The reason I bought from UOA is due to what I see in the past completed property like in Bangsar South.

I'm buying for investment but after thinking much, I thought this may be on the high price for such small unit. However, I am confident with the quality delivery that UOA can provide. Therefore, I'm hanging on to it. I also have little information of the unit I bought (direction, views, shape, facilities, carpark lots). HAHAHHA. Thank goodness for lowyat forum.

Being a newbie in this forum and property investment, I have a few questions to ask.

1) I have received the notification letter 2 weeks ago, it says to contact their sales personnel to execute the sales proforma, the option to purchase the property and other relevant documents.
- what would the sales performa consist of?<-- Details of ur units and the stakeholder's fund together with the 5% discount, DIBS remarks.
- what is the option to purchase the property that they offer?<-- some letter from you to developer (seri tiara) that you want to purchase the unit at RMxx price of which you have paid 10% deposit (10% deposit-RM10k-5% discount)
- other relevant document would be as mentioned, DIBS and 5% rebate? And how does the 5% rebate works? <-- U will need to sign an acceptance of DIBS scheme. Simply letter sayign developer will bare the interest  provided that u provide what developer wants..in letter will mention.
- Will the SA contact me if I do not get in touch till end of the month?
2) I have read one of the post that says we can convert our individual units to residential title, any advise how to execute that?

3) As for the loan legal fee, can I use my own preferred law firm or must I use what is written on the Sales Proforma?<-- For the SPA and Loan agreement lawyer, you will have to follow the lawyer written in the Sales Pro-forma. Not sure whether u can request to change lawyer firm or not.
I truly appreciate and thank you in advance for furnishing me with elaborated details.
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This post has been edited by cadmus: Nov 12 2012, 10:18 AM
cadmus
post Dec 3 2012, 09:31 AM

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Buddy.

thanks for the info. Very good knowledge.

My lawyer mention the 2% thingy and i asked about the lesser than 2% also. I think there is a gap of risk there. However, UOA is a well known developer. I am not sure how good is their QC.

I am told that all the clauses in the agreements are more or less cannot be negotiated cos this is newbuild project. So, if you manage to redeuce tht to 1%, please let us know..


935sqft*2%=18.7ft2=1.74m2

if it's proportion to the whole layout, i think it's kinda negligible?
cadmus
post Dec 5 2012, 05:19 PM

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QUOTE(steflover @ Dec 5 2012, 12:31 AM)
I signed the SPA today by Abd Aziz Chen & Co, the girl (legal assistant only, not partner)  mentioned that there will be a 30% discount.  I have no idea how it works. She also mentioned if I got other friends whose lawyer is their firm for this project, maybe we can together request more discount  sweat.gif

What do you mean by the discount is just an act?
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As per the House development Act, we can have x% of discount from the professional charges on the facilities agreement if its buy from developer

http://www.malaysianbar.org.my/property_la...tion_order.html
CTRL-F 30%.

http://www.malaysianbar.org.my/index.php?I...ask=doc_details
CTRL-70%
cadmus
post Dec 17 2012, 10:35 AM

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QUOTE(melly_betty @ Dec 15 2012, 10:53 AM)
Anybody having the same question? What we can do if UOA end up giving different spec? I have not signed the spa yet because of this.[attachmentid=3207727]
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To be honest, whatever is it.. the most important is the SPA. the sales brochure or artist impression are just marketing. In the end, what is in the SPA is legally binding. Not sure about the Brochures. Probably marketing gimmick lo. So, ur choice le.
cadmus
post Dec 19 2012, 10:28 AM

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QUOTE(RomaNce @ Dec 15 2012, 11:30 PM)
Yes very gan jeung. If 2 rooms unit pls transfer to me!


Added on December 15, 2012, 11:31 pm
What is your unit spec, 1 , 2 or 3room?
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QUOTE(ConstantLove @ Dec 18 2012, 11:18 AM)
anybody interested in 2 rooms can pm me, i got a friend willing to transfer booking to me.. but im looking at Kiara residence.. we can discuss further in pm, but ASAP please.

thanks.
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Romance seems to look for 2 rooms biggrin.gif
cadmus
post Dec 19 2012, 06:37 PM

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QUOTE(RomaNce @ Dec 19 2012, 01:26 PM)
Yes keep looking and waiting for drop out....anyone out there got 2room unit drop out?


Added on December 19, 2012, 1:28 pm
The lake is actually at the wetworld or so call desa waterpark. Ur unit lake view is good, better than klcc view...
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this one?


QUOTE(ConstantLove @ Dec 18 2012, 11:18 AM)
anybody interested in 2 rooms can pm me, i got a friend willing to transfer booking to me.. but im looking at Kiara residence.. we can discuss further in pm, but ASAP please.

thanks.
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Added on December 26, 2012, 9:10 pmHi. any kind soul have the payment schedule by the developer?

i haven't received my final copy from my lawyer yet and i forgot to take picture of the payment schedule.

thanks in advance. biggrin.gif

This post has been edited by cadmus: Dec 26 2012, 09:10 PM

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