At least you save on the cummulative interest, right?
those ppl who started paying progressive billing, have already paid thousands since first disbursement...
but you only started paying interest on 70% of drawdown... same as what the others are currently paying now....


Cheers!

No la, very panjang ............... the sword. Cannot triple, 2.5X pun jadi lah. But i got an idea to quadruple it, put lion king statue beside amint statue.


This post has been edited by nkhong: Apr 5 2013, 12:54 PM

Elchico, but most of them would have second year DIBS.. so their interest cost should be lower than mine.. anyway, there's always a price to pay...very exp to own a house.. now on maggi mee everyday.

Lol, looks a bit like a dichead on the first photo..

haha... This Pentas referee very strict ya... sikit2 kasi red card...

I try my best to come if I not stay overnite here. BTW, I have email to I&P request to form a proper F&G.

I found this link don't know useful or not for anyone to request with I&P marketing.

http://www.alamimpian.my/feedback.asp

bengjiun, u signed the S&P now? How much you pay a month?

Not yet sign, but the lawyer will courier over the SnP to me by today. Monthly installment is about RM4K, interest amount tak tau lagi.. i presume it is going to be in the region of 2K to 3K for the next 12 months?

I suddenly realise actually malaysian very rich, as all can easily afford RM1 million house (e.g. fellow pentas owners)....as for me..still trying to think where i can come out with sufficient money for my 10% deposit..same same human but different fate..

I borrow money from my mother, my uncle, my Aunty, my friends,my sister,etc to pay my deposit...

Meanwhile, you will start paying your interest next month while you signed the S&P?

I still think what reason i can postpone to signed it...

I heard P3 vp latest by 1st quater of 2014? Then we need pay 12mths interest already.

I hope Pentas will give higher appreciation price in future to getback my losses today.

Wow. Cool.

What is ur target indicative selling price upon, say 3 months after VP, or June 2014?

Lion King,

I see you are from quite a well off family...that they have the financial strength to back you.. no wonder you r the lion king!


Ahken,

You also just concluded to purchase P3? I dont think you can avoid la.. i've decided to put as much spare cash into my flexi account as possible to reduce the interest amount. Not that it will be significant, but it is better than nothing. I am accountant by profession and i count to the penny...

Also, we paid the most for P3, so in fact our capital gain will be the lowest as compared with other fellow Pentas owners.

I suspect upon VP, we would be lucky to get 950K. More than this amount, there is actually quite a few other choices in the market for potential buyers.

No Idea... I not think for short sale that I planning keep the house 1st priority for family.

But if ask for my target after vp, then I have to do proper calculation including cost of interest rates, MOT, GST, Legal fees & others. Let say if the house RM880K atleast put on my price with 1.38mil after vp. Cant reach the price? Sorry I not interested to sale.

Yes, almost to finalised & waiting bank approval letter. Yes, better we have full flexi that easy to reduce interest. I will not able escape to sign it later after approval reach on me. I hope my business can earned profit 200K within a year so I able to reduce more interest.

But what if RM1.38mil is not achievable until, maybe 4 years down the road... Are you going to stay there or leave it vacant? If stay there, need to do furnishing, at least another RM100k gone for furnishing... then when you calculate interest till 4 years later, then maybe the additional interest + your holding cost increase again... wait for another 2 years... so in total, 6 years, need to recover all costs of buying and moving a house?

What do you all think?

Rent it out is the only way to reduce holding cost. But if you need a house to stay, these holding costs will be inevitable.

Need 100K for furnishing? Depend how you spend it. Not necessary all go for branded like Lorenza sofa. I will put it semi furnished from important things like Grille & Kitchen Cabinet.

For 6 bathroom I will installed 2-3 water heater. Buy York 1.5hp for living, Panasonic 1.5hp for master room & 2 x 1hp for bedroom. Maid room tak payah lah. Furniture I got friends can help me to put high quality with good price(Cow leather but price cheaper than Lorenza not sale for branded but for quality).

Got family support very good liao... some borrow ah long very cham.... I also borrow from my parent some of downpayment.

Guys, zulfakar abdullah should be the same one as indicated earlier. Anyway, rm1.38mil is for what? Intermediate? Corner how?

remember to intro your friend to us ya..on the furniture..

Kitchen 20K
Lights 15K
Room wardrobe and bed frame 20K
Grill and securities 20K
Aircon and white goods 20K..


already 100K without ID..

wah, sweating
renovation will cost you a bomb...