Dear all.
I am new here but have been following this thread on WOTP. I paid booking fee last Saturday 13th Oct for Type 3. I have visited the show gallery numerous times and have been dealing with the sales exec. I have inquired on numerous occasions on the price, maintenance fee, discounts and rebates involved and not forgetting any hidden cost involved that i should know. My final questions were: how much is the maintenance fee and how many parking should i get? The SA told me that it would be 0.25% cents per sg ft + 10% sinking fee and that ill be getting 3 carparks. I was elated. NO MENTION ON CARPARK MAINTENANCE FEE. I made my final decision to go ahead and purchase.

I only came to know of carpark fee after reading this thread on the following Monday 15th Oct.

Immediately called the SA and was told it would be 35 bucks per carpark with 10% sinking fee. I'm given 3 carpark bays so thats RM 105 per month! I cant choose to have only 1 or 2. I met the manager the same evening and he consoled me by saying all SDB properties are like that and now its a common thing among high end condos. He diverted my concern by saying it''ll be a good investment later on, price will increase by VP and that SDB takes care of their purchasers very well and can help with subsale etc. He managed to somewhat calm me down.

Woke up today, STILL very much bothered by the carpark fees again. Why?

1) I feel cheated. I feel that they didnt disclose this piece of info on purpose.
2) The reason they gave that its a common practice for SDB is VERY UNJUSTIFIED not to mention LAME. This is the first time i am buying their property.
3) Maintenance fees ALWAYS have a chance to increase later on. I have lived in condo throughout my life. And now i have carpark fees to deal with? Its unsettling.
4) Its not so much of paying RM 105 each month (as compared to the price of the property), its a matter of PRINCIPAL. These things should be disclosed to buyers.
5) I know i will have difficulties to sell the property later. Potential buyers will be put off the same way i''m put off right now. Thus it is a NEGATIVE property investment.

Im glad i came across this forum through my research because i would not have known till today.

Im asking all of you who have paid the booking to not sign the S&P and WRITE IN A LETTER so they know you are serious and we can all get full refund of the booking fee should we decide not to proceed with the purchase.

By the way, today the SA told me that he also only knew of the carpark fees on Sat 13th Oct, the day i paid my 8K. Not sure whether this is true or not. He then said that due to lots of complains, they had a meeting and in the midst of discussion. And that he would get back to me within a week. Regardless, i want my 8K back. I doubt they would omit the carpark fee clause because obviously SDB has been practicing exactly this with their other properties.

Sales exec told me today they received email frm upper management, the decision is: carpark fees wont be charged for the 1st 2 years. From then onwards its up to JMB to decide to start imposing fees or not.

Maintenance(condo or carpark) fees arent written in S&P.

I told him that there should be black and white in regards to this new info and circulated among purchasers so there wont be anymore confusion later on.

I think this is fair enough and i might proceed with the purchase.

After 2 years, if the situation warrants, i dont mind having to pay the fees.

But i hope they wont purposely make the carpark unkempt with no lightings!

This post has been edited by Abbylicious: Oct 17 2012, 03:56 PM

i got approval with cimb but only 80%. banker said they slash 10% due to recent advert by sdb last week about the 10% rebate. im pissed. i dont plan to fork out any downpayment. im trying rhb and maybank now. if both also only 80%, im cancelling my booking and expecting refund.

---

Added on October 31, 2012, 7:52 pmu mean left block A above 24th floor for which type? im getting type A.

This post has been edited by Abbylicious: Oct 31 2012, 07:52 PM

anyone who has cancelled their booking and got refund (Helius) please share how u went about it? did u submit and cancellation letter with bank rejection letter? to whom? pls share tq.

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.

This post has been edited by Abbylicious: Nov 26 2012, 11:25 PM