Welcome Guest ( Log In | Register )

25 Pages « < 14 15 16 17 18 > » Bottom

Outline · [ Standard ] · Linear+

Investment MONTENA SOVO SUITES @ ALAM DAMAI CHERAS [OT], Tmn Len Sen, Bkt M'darina, Cheras' Best!

views
     
CMW123
post Dec 15 2014, 09:09 PM

Look at all my stars!!
*******
Senior Member
3,774 posts

Joined: Mar 2012
QUOTE(kwwong1 @ Dec 15 2014, 06:59 PM)
GST is applicable to all billing done after 1 April 2015, not only for projects launched after 1 Apr 2015. For commercial projects like Montena, the developer will pass on the GST to purchasers. Since the project only reaching 2nd floor as of today, there are high chance that all purchasers have to pay 6% GST for the remaining unbilled 70-80% of purchase price.

Btw, the project is suffuring serious delay. Don't think it can be handed over to purchasers as per schedule.
*
Why the progress so slow since good sales?
kwwong1
post Dec 17 2014, 09:16 AM

Casual
***
Junior Member
484 posts

Joined: Sep 2013


QUOTE(CMW123 @ Dec 15 2014, 09:09 PM)
Why the progress so slow since good sales?
*
I heard sub-structure work was delay due to the hill slop.
TSaccetera
post Jan 2 2015, 09:35 PM

Ambassador of ChatHouz AI
********
All Stars
10,777 posts

Joined: Sep 2009


Project ordered to STOP temporarily.
seanooi880327
post Jan 2 2015, 10:50 PM

seven heaven !!!
*******
Senior Member
2,841 posts

Joined: Sep 2010


QUOTE(accetera @ Jan 2 2015, 09:35 PM)
Project ordered to STOP temporarily.
*
Any reason?
I passed by everyday
It started construct few floors already
But no doubt progress very slow as this was launched 2 years back

Babizz
post Jan 2 2015, 11:23 PM

10k Club
********
All Stars
12,525 posts

Joined: Feb 2013
Seanooi,

A LANDSLIDE occurred near Alam Damai, Cheras, on Wednesday evening and residents in the neighbourhood have expressed concern for their safety.

The incident took place on the construction site for a luxury condominium project located adjacent to Taman Damai Rasa.

A resident who contacted StarMetro said cracks began to appear on the road leading to the construction site about a year ago.

“I noticed that part of the pavement and road on the hill slope had collapsed, leaving a deep rut which had been covered with plastic,” he said.

The resident wanted assurances from the local authority that proper action would be taken to prevent further landslides in the area.

“I hope Kuala Lumpur City Hall (DBKL) will continue to monitor the situation as it affects the safety of residents living in this township,” he added.

When contacted, a spokesman from DBKL’s Enforcement Department confirmed reports of the landslide near Alam Damai.

He said City Hall was alerted by residents who contacted DBKL’s hotline to report the incident.

“We received complaints from residents in Alam Damai, Cheras, at around 7am today and notified our team from the Infrastructure Planning Department to follow-up on the matter,” the spokesman said.

He added that the DBKL team was sent to the scene to assess the situation and investigate the matter.

http://www.thestar.com.my/News/Community/2...ries-residents/
Jagalat
post Jan 2 2015, 11:55 PM

(J)et L(ag) Ji(alat)
*******
Senior Member
5,949 posts

Joined: Oct 2013
http://www.bernama.com/bernama/v7/ge/newsg....php?id=1097700
Jalan Damai Rasa 16 and 17 are close to the site..


CMW123
post Jan 3 2015, 10:44 AM

Look at all my stars!!
*******
Senior Member
3,774 posts

Joined: Mar 2012
Stop work order issued
starex80
post Jan 9 2015, 11:11 AM

On my way
****
Senior Member
623 posts

Joined: Jul 2013
those purchase the unit here ma jalat?
kwwong1
post Jan 10 2015, 03:34 PM

Casual
***
Junior Member
484 posts

Joined: Sep 2013


QUOTE(starex80 @ Jan 9 2015, 11:11 AM)
those purchase the unit here ma jalat?
*
The construction work has already been delay by more than a year. The one who jalat is developer.
rachel_xxx
post Jan 10 2015, 03:59 PM

Look at all my stars!!
*******
Senior Member
2,294 posts

Joined: Sep 2009
QUOTE(kwwong1 @ Jan 10 2015, 03:34 PM)
The construction work has already been delay by more than a year. The one who jalat is developer.
*
if developer run see who jialat
kwwong1
post Jan 12 2015, 03:37 PM

Casual
***
Junior Member
484 posts

Joined: Sep 2013


QUOTE(rachel_xxx @ Jan 10 2015, 03:59 PM)
if developer run see who jialat
*
In that case, purchasers could team up and bring the case to Tribunal. If developer reluctant to honour Tribunal's award, bring them to court

Glcotan
post Jan 12 2015, 04:38 PM


*******
Senior Member
3,333 posts

Joined: Mar 2011
QUOTE(kwwong1 @ Jan 12 2015, 03:37 PM)
In that case, purchasers could team up and bring the case to Tribunal. If developer reluctant to honour Tribunal's award, bring them to court
*
technically right. good luck
kwwong1
post Jan 23 2015, 07:12 PM

Casual
***
Junior Member
484 posts

Joined: Sep 2013


I saw some construction activities at montena site when I passby this afternoon. Seems like Stop Work Order has been lifted
koreali
post Feb 7 2015, 03:58 PM

Getting Started
**
Junior Member
66 posts

Joined: Feb 2009
Fame M already issued letter regarding the implementation of GST.
C&D
post Feb 7 2015, 04:47 PM

Enthusiast
*****
Senior Member
840 posts

Joined: Oct 2012
QUOTE(koreali @ Feb 7 2015, 03:58 PM)
Fame M already issued letter regarding the implementation of GST.
*
Mean GST on remaining installments?

Such additional costs, buyers gotta bear right?
seanooi880327
post Feb 7 2015, 09:24 PM

seven heaven !!!
*******
Senior Member
2,841 posts

Joined: Sep 2010


Basically work continue back
Passed by almost everyday
Even they work on Saturday also


Attached thumbnail(s)
Attached Image
kwwong1
post Feb 8 2015, 06:10 AM

Casual
***
Junior Member
484 posts

Joined: Sep 2013


QUOTE(C&D @ Feb 7 2015, 04:47 PM)
Mean GST on remaining installments?

Such additional costs, buyers gotta bear right?
*
You will be paying GST for all stage billing issued by developer after 1 April 2015, not on installments.

E.g. Purchased price = RM 500,000
Amount billed todate (no further billing until 1 April 2015) - 20% = RM 100,000
Unbilled amount - RM 400,000

GST payable= 6% x RM 400,000 = RM 24,000

There are some special clauses for existing contracts, which may allow lower GST. Please refer to http://gst.customs.gov.my/en/Pages/default.aspx




C&D
post Feb 9 2015, 12:05 PM

Enthusiast
*****
Senior Member
840 posts

Joined: Oct 2012
QUOTE(kwwong1 @ Feb 8 2015, 06:10 AM)
You will be paying GST for all stage billing issued by developer after 1 April 2015, not on installments.

E.g. Purchased price = RM 500,000
Amount billed todate (no further billing until 1 April 2015) - 20% = RM 100,000
Unbilled amount - RM 400,000

GST payable= 6% x RM 400,000 = RM 24,000

There are some special clauses for existing contracts, which may allow lower GST. Please refer to http://gst.customs.gov.my/en/Pages/default.aspx
*
and the GST portion is gonna come out straight from the purchaser's pocket right since it's not part of the bank loan?
kwwong1
post Feb 9 2015, 01:51 PM

Casual
***
Junior Member
484 posts

Joined: Sep 2013


QUOTE(C&D @ Feb 9 2015, 12:05 PM)
and the GST portion is gonna come out straight from the purchaser's pocket right since it's not part of the bank loan?
*
of course, unless your bank is willing to provide extra financing for GST. Banks may want to do so since there will be extra income for them
C&D
post Feb 9 2015, 02:56 PM

Enthusiast
*****
Senior Member
840 posts

Joined: Oct 2012
maybe it's just me but I just don't this flying.

the concept is just not right, even more so in this neighbourhood. SOVO - just cannot no matter how one looks at it...

25 Pages « < 14 15 16 17 18 > » Top
 

Change to:
| Lo-Fi Version
0.0295sec    0.30    6 queries    GZIP Disabled
Time is now: 9th December 2025 - 09:26 PM