Hey Helius,

After u cancelled your purchase, how soon did u get your booking refund? How did they refund you? From headquarters?

Ive submitted 3 loan cancellation letters to the sales manager and head of sales and marketing, waiting for them to revert to me.

Congrats! U jus go ahead with what u bought...

Anyway, RPtG is based on property gain. If ur spa price is RM100K only mean when u sell will based on spa but not spa + upgrade agreement.

So if u sell 200 K, u still make 100K gain on RPGT tax deduction, but in fact u have made 500K whack 400K was upgrade agreement.

I'm not liar or maybe ur u better then my lawyer??

Pls don't simply offense ppl as everyone has the right to tell the truth. If u feel offense, pls keep urself in refrigerator for freezing...

Isn't valuation of property is based on current market price? If s&p buying price is Rm 100k, but current market value is Rm 500k , the valuation report will show market price, no?

Hi Peri kor,

yea, so i am saying the valuation report is based on current market value. if all my surrounding properties are selling the range of RM500k, i am sure the valuation report have to use that market price as a guidance.

For example, I am buying a subsale property which was built 20 years back when the price bought is RM100K, now 20 yrs later, the current latest transaction price of similar property within same area is selling RM500K, wouldn't it be correct to value this property at RM500K? So based on this valuation, then the bank can offer the loan amount on RM500K. what is that got to do with the initial cost of RM100k?

Hi Peri Gor,

Yea, you are right, I am not a valuer but did engaged a valuer to value a subsale property for loan purposes. One of the way they valuer do is refer to latest few transacted properties selling price within the same area & finally they derived their own valuation basis. Normally the value given would not run to far from that latest transacted price.

For WOTP, only block C has such issue right? say after 3 yrs after VP, other blocks are selling at the range of RM500k, so wouldn;t this be a indicative value for block C too? I know the block C original selling price is RM100 that is not the issue, it would be incorrect to produce a valuation report that block C is worth much lesser than other block right?

Bank of course are not stupid, that is why they will lend to the buyers based on the reasonable market value.

i believe the question here lies as to : What is the value to be reported based on the valuation report

If valuation report shows current market value, no problem for subsequent buyer to borrow.

  Just my 20 sen

cheers all bro

Dear all.. I have released my unit C01-08 as SDB couldn't include my wife's name in the S&P..my wife is foreigner..for your info.only local can buy WOTP

Horrible SDB service! Think twice before committing to SDB developments!

We are just blown away by the incompetency of the SDB team! We were so excited to finally get the keys to our unit in 5Stones. However, the excitement was short-lived as it turned into utter frustration! Defects rectification was submitted 2 months ago and it was told to me this morning that we are likely to wait another 2 weeks. We have bought a unit built by a different developer and this development was in the same area as 5Stones and of similar development size. The defects rectification was super fast! It is just awfully disappointing and a unbelievable that a reputable developed like SDB can be so inefficient!

SDB - forget all the exterior works, it is useless to have super nice exterior when we, owners have so much issues on the defects rectification which is dealying our renovation work and we have not moved in!

one BMW 6 series = one wotp 1685sf unit, which to buy?

Hi periperi bro,

Next to WOTP? not the one behind Aeon Cheras?
Commercial land, so its commercial Apartment or Retails? If retail shoplots, then would be great for WOTP/Lumiere and nearby residents.

Anyways, do share this info to me. PM me

Ic, actually quite alots of empty land over there. There's a big land infront of WOTP Sales gallery entrance, has a signboard stated "private land"?

Looking at the map you've provided..Looks like it's opposite of Natur instead of next to WOTP.

WOTP opposite are the hill area which are residential zone.