Outline ·
[ Standard ] ·
Linear+
Investment Window On The Park, By Selangor Dredging Berhad
|
twincharger07
|
Jul 30 2012, 09:49 PM
|
|
QUOTE(peri peri @ Jul 30 2012, 05:40 PM) Why not? with 10% rebate and DIBS, rm500k loan for 40 years tenure or up to 70 years old only cost rm 2120 a month after it completion. Youngster dying to get 1 to show off around members. Quite normal since DIBS introduced in year 2009. periperi bro.. this 3.5k/month -> 500k loan is real life case or assumption?
|
|
|
|
|
|
twincharger07
|
Jul 31 2012, 12:16 AM
|
|
QUOTE(walle @ Jul 31 2012, 12:07 AM) I guess this could be real life..my staff salary ard 7.5k can get 900k loan..using her own name only..cool huh.? there is a different if you are higher income as bank allow you to take higher ratio.. The ratio is not FIXED.. it is case by case basis.. 900k loan is roughly about installment 3k+ and your fren still hav few thousand to survive after deducting installment.. personally my installment to salary ratio adi hitting 60%.. just got my 3rd homeloan approved in April and hirepurchase approved last month.. but we are talking about 3.5k permonth and 2.2k installment... after minus tax and epf only left few hundred to survive hope peri-peri bro verify his claim, if can intro the bank and banker to us...
|
|
|
|
|
|
twincharger07
|
Jul 31 2012, 12:46 AM
|
|
QUOTE(peri peri @ Jul 31 2012, 12:30 AM) Haha, bro, dont mislead by others. I did not quote on gross income b4. Its based on nett income. I thought its common understanding here. There are some thread dicussing on this loan eligible thing few months back too. Just wanna share with any newbie not to miss the chance to vest too that is y need to verify before further misleading.. as you can see with all the queries, most will still assume income = gross income ... cool no big issues.. chill even though 3.5k is nett income, this looks like a bold and desperate move by bank making assumption that younger buyers will have salary increase in the future..
|
|
|
|
|
|
twincharger07
|
Jul 31 2012, 12:56 AM
|
|
QUOTE(peri peri @ Jul 31 2012, 12:30 AM) Regarding the DIBS, 1st time im hearing the buyer no need to install the principle progressively according to billing. Imagine, u apply loan, developer claim the billing periodically from ur bank, once billing stage disburse by bank to developer, bank will start bill the developer for loan interest, then, bank will bill the principle to who? Bank will wait everything to be complete and all loan amt disbursed to developer then start counting? Too good to be true right?
As i said b4, price still steep for me to vest. But i still congrats to all new owners here. With such price tag, im delighted it will further boost my gain on paper for a condo that i booked recently which is nearby.
World is fast changing and must alert with any possible hidden cost, thats why we share to discuss and learn. Listen does helps improve
Isn't that the whole point of DIBS? bought the my 1st prop in 2006 with DIBS and i didnt pay a single cent during construction..
|
|
|
|
|
|
twincharger07
|
Jul 31 2012, 12:57 AM
|
|
QUOTE(peri peri @ Jul 31 2012, 12:50 AM) Back in year 2008, recession strikes malaysia and all raw material hiked due to crude oil and lehman brothers bankrupt. In year 2009, sp setia initiate this DIBS thing with bank to boost the sales and restore the positive property market in 3 years time which is starting last year 2011. U can noticed a lot new launch in KV are offering DIBS or CIBS. But this year something is not right, With DIBS, the property price had speculated too high. Creating risk for holding power when complete. Most DIBS now starting price is above rm 500-600psft. Its just a season trend, who knows next year will come out wat package. Maybe 2 generation loan scheme like in hk and china. Haha. Thats why people always say developer and banker are crocs DIBS long exist even before 2008.. its not new in the market n SP Setia was not the pioneer of such idea..
|
|
|
|
|
|
twincharger07
|
Jul 31 2012, 01:00 AM
|
|
QUOTE(peri peri @ Jul 31 2012, 12:56 AM) Haih, DIBS = developer interest bearing scheme. But not developer bear all during construction. Developer must bear all interest during construction until VP CIBS = construction interest bearing scheme, developer will bear all interest until CPC to main con only. Coz they might afraid the tnb and syabas meter will drag their VP later. Correct, buyer still serve the principle to bank during construction based on billing ratio. but the thing is buyers are given a choice to defer the principle payment until VP.. Added on July 31, 2012, 1:02 amQUOTE(kh8668 @ Jul 31 2012, 12:59 AM) plus 5/95, a lot of buyers benefits from that too  i like it seriously SP setia quite kiam siap lo.. at that time, other developers offering 5%dp, 5%rebate, 90%loan.. lolz.. This post has been edited by twincharger07: Jul 31 2012, 01:02 AM
|
|
|
|
|
|
twincharger07
|
Jul 31 2012, 10:56 AM
|
|
QUOTE(kh8668 @ Jul 31 2012, 01:05 AM) got meh? which projects? i might miss it. In 2009? there were 4 projects competing neck to neck in 2009.. SW - 5/95, DIBS scheme Zest - Discount 3888 for early bird but 90% loan after discounted price, so not much advantage, no DIBS Atmosfera - 1% dowmpayment, 9% discount, DIBS Zen Residency - 8k downpayment, the rest discount, 90% loan, DIBS Others like Villa Park in 2007 or 2008, 1% downpayment, 9% discount, 90% loan, DIBS The one i bought was Villa Pavilion back in 2006, 5% downpayment, 5% discount, 90% loan, DIBS plenty of other condos giving 5% to 9% discount to spur the property market in 2009...
|
|
|
|
|
|
twincharger07
|
Oct 6 2012, 01:34 PM
|
|
QUOTE(kh8668 @ Oct 6 2012, 11:27 AM) » Click to show Spoiler - click again to hide... « The Star Online > Business Saturday October 6, 2012
SDB adopts its own approach
By NG BEI SHAN beishan@thestar.com.my
WHILE it is a common strategy for most property players to have a certain amount of land bank, Selangor Dredging Bhd (SDB) has a different approach when it comes to property development.
Managing director Teh Lip Kim says: “We don't have a land bank. We buy and develop based on what is not available.
“We look at the locality, income of the people and population around the area to decide what to build.”
Sitting in the vicinity of Bandar Tun Hussein Onn, Windows on The Park will be one of the few in the area which is still surrounded by greeneries. Windows on the Park is another project that follows the company's niche to provide products with a strong concept.
Sitting in the vicinity of Bandar Tun Hussein Onn in Cheras, Kuala Lumpur, the planned high-rise residential will be one of the few in the area which is still surrounded by greeneries.
Currently, there is an 11-storey apartment developed by Yuwang Development Sdn Bhd next to SDS's showroom. Besides that apartment, Yuwang has other products like double-storey semi-detached houses, 2-storey terraced houses and three-storey shop offices in Bandar Tun Hessein Onn. Uda Holdings Bhd too has projects near SDB's site.
“We do something different and give customers what they want that is not available in the area,” Teh says.
The highlight of the project is the park which was planned before the building. “You go high-rise so that there is a lot of space for trees and a park,” she quips.
There are three parks: a quiet park, an active park for teenagers and the central park where shared amenities like the gym, swimming pool and a multi-purpose function room are.
Teh: ‘You go high-rise so that there is a lot of space for trees and a park.’ One can tell how much emphasis the company places on the 4.2-acre park when Teh shows the landscape model even before she starts.
“We want to come out with a park that is more natural, with multiple layers of terrain as compared with a flat landscape,” she enthuses.
With the different undulation created, one would be able to see a park that resembles a jungle.
“We have a three-tier planting. When residents look down (from their windows), they see three different layers of rooftops which include three-tier planting for trees and three-tier planting for shrubs,” she elaborates.
There is a 800-metre jogging track at the park so people can feel like they're running in the jungle, she claims.
One may wonder if it costs a lot to maintain parks that cover more than 40% of the total surface area?
“We know the types of plants to choose. We even have horticulturalists to help us choose plants that are easy to maintain and does not affect the ground,” she assures.
“Retaining the park will be important because it is the concept that appeals to buyers. We don't want the trees to die after one year!” she exclaims.
The whole idea is to provide city dwellers an opportunity to own a piece of the park without having to go to a public park.
“Basically, we want people to be able to come out from the confines of their own homes to enjoy nature,” she explains.
The apartments were planned in such a way that every unit can oversee the parks surrounding them.
“To symbolise this, there are big openings in the blocks that allow visitors to see through the greeneries when they drop off someone,” she says.
As for the unit, she emphasises on spatial planning so that the space within a unit is well-balanced.
According to Teh, natural lighting is an important element in SDB's projects.
In terms of safety, the area is gated and guarded. The buildings were also earthquake resistant.
The development consists of three blocks totalling 540 units with a gross development value of RM513mil. It sits on 8.98-acres of freehold land.
Selling prices start from RM550,000 for the 916-sq-ft unit which works out to be about RM600 per sq ft. Prices go up to RM2mil for the penthouses.
The site is accessible via SILK Highway, Lebuhraya Cheras-Kajang and Lebuhraya Sg. Besi. There are two proposed MyRapid Transit stations within 4km from the project site. -------------------------------------------------------------------------------- © 1995-2012 Star Publications (Malaysia) Bhd (Co No 10894-D)
i underestimated on this area  Last visit last week, sales pretty stagnant.. not easy to be digested by general public.. hav to say good concept n good layout... bought a fren who study in fengshui, he mentioned that there are Fengshui element in this development.. developer consulted Fengshui before coming out with layout design..
|
|
|
|
|
|
twincharger07
|
Oct 7 2012, 01:12 AM
|
|
QUOTE(WilberSc @ Oct 6 2012, 09:45 PM) What Feng shui so good? Nearby got a new development project called Casa green with spacious and better price offers.... Any comment? directions.. not all but generally developer opt to design the layout such units are align with good direction.. you can see they break away from convensional layout design.. buildings are 45 degree facing.. colors pure white, clean, simple facade.. simplicity is good FS.. there are ppl believe living in good fengshui environment boost their wealth and better living environment.. thus they dont mind paying a hefty sum for that.. they are usually from the niche market who are wealthier group, having more $$ in buying this "added feature".. normal average joe will go for "value for money", pay less get more sqft... This post has been edited by twincharger07: Oct 7 2012, 01:16 AM
|
|
|
|
|
|
twincharger07
|
Feb 17 2013, 02:03 PM
|
|
QUOTE(WaveW @ Feb 17 2013, 01:16 PM) Perhaps put more consideration on other factors too. 1. Bare unit or partial/full furnish to get RM1500? 2. Target tenant student or family or working adults? 3. Competition from other condo nearby may supply more than demand cause the rental price stagnant? How many units of condo nearby offer to rent by estimation? 4. If ppl afford to pay monthly rental RM2000, they may have purchased and pay monthly installment. By paying installment of RM2k, they can own a condo value around RM300-400k. Then why they rent and not buy? i rent out condo to ppl who like to rent rather than buy.. and he is a local businessman with family.. macam macam ada nowadays...
|
|
|
|
|
|
twincharger07
|
Dec 27 2013, 02:12 AM
|
|
QUOTE(HELLO HELLO @ Dec 26 2013, 10:59 PM) So cham ar.... Got Citibank nearby WOR. Not many places got ooh... Does it show a good sign?. See how...after mrt ready..got 5-6% happy Liao. I saw some angmo (not middle east 1) having lunch at lake valley town park (should be those expat mrt consultant) and some australian angmo at c180 near maybank there. Got 1 time saw old couple angmo drive a brand new Volkswagen touareg near Wotp. came out from the car look around macam doing some survey and took out some equipment at their car back. My c180 agent told me they rented out a office lot at c180 to a Australia company. By the way, u got the biggest wotp 2095sf unit among lowyat forumer. many of us just 916sf n a few 1685sf. Congrats! Anyone bought 2400sf n above? Kajang Prima near to semenyih has HSBC which not many places have HSBC branches.. but the area doesnt looks happening to me.. C180 have budget hotels.. got angmo no surprise.. There is a VW showroom and workshop.. maybe angmo just drive in after servicing his car.. lol..
|
|
|
|
|
|
twincharger07
|
Dec 27 2013, 02:14 AM
|
|
QUOTE(aberdeen @ Dec 26 2013, 11:42 PM) Driving around, the place looks safe...not like some Tamans where every corner you take you will see a sign hanging " Beware of snatch theives" Can see some of them riding motorbike without helmet, reminds me of the those ppl riding bike in the village.. The area is not exclusive, unlike Damansara or MK.. when there are mixture of population around, just have to be more cautious..
|
|
|
|
|
|
twincharger07
|
Dec 30 2013, 02:17 AM
|
|
QUOTE(aberdeen @ Dec 30 2013, 01:37 AM) [attachmentid=3791362][attachmentid=3791363][attachmentid=3791364][attachmentid=3791366] China version of Window On The Park looks more like MONEY ON THE PARK
|
|
|
|
|