Nov 27 2012, 11:56 AM
QUOTE(hpwai @ Nov 25 2012, 08:15 PM)
The 20% discount from developer goes like this...
- 5% rebate upon signing of SPA (means no downpayment, NOT 5% DISCOUNT, as you need to pay the developer 5% deposit. In other words, you are just getting your money back)
- 5% rebate for progressive billing (means DIBS, NOT 5% DISCOUNT. With DIBS you still need to pay the principal portion of your bank loan, does not mean you need not pay anything)
- 10% rebate upon VP (rebate of 10% 3 years later is around 7-8% now? Do consider 3 years inflation.
As the above post have mentioned, it is really just 10% discount, if not less than 10% discount.
So, if any of the sales person tell you otherwise, please please clarify with them. I am writing this post because I can't stand to see some uncles and aunties who simply needs a better place to stay (mostly staying nearby) being mislead into believing that they are getting 20% discount and the price psf they are paying is merely RM500++. It is actually about RM660psf - RM750psf and above, depending on the layout and floor.
Developer claimed to be building the development on the elevated land, this is only true for Block A. If you notice, even the location of Block A is lower than the current land where the current show gallery is built. Block B's land is much lower.
From the front of Block A or B, if you look to your right, there is a Malay cemetery.
From the back of Block A or B, there is a big mosque in Segambut Dalam.
There is also a drain, clouded with muddy water all the time, exactly behind the development.
The actual location is Taman Sri Sinar, Segambut, 51200 KL.
Developer claimed to have an access road directly to the hospital at Desa Parkcity. However this has yet been approved. More than 5 years ago, I remembered Bukit Prima Pelangi has sold their property mentioning their access road to Desa Parkcity too.
The plus point of this development is the Freehold land and high ceiling.
If my rough calculation is correct, 3 years later, you will need to sell your unit at at least RM920psf to break even. Not mentioning making any profit.
Agree!!!! I am staying at Sri Srnar and confirmed address is SS Segambut unless magic is there. Went there also last Sunday, really full of people and sale chart shows almost 50% occupied. I wonder this development can really make profit at this price and it suits for own stay maybe. if you were DPC resident, do you think road access as proposed will be granted??? Anyway, one thiing I sure is UOA is a good developer that mostly deliver on time, one good example is Plaza Menjalara.- 5% rebate upon signing of SPA (means no downpayment, NOT 5% DISCOUNT, as you need to pay the developer 5% deposit. In other words, you are just getting your money back)
- 5% rebate for progressive billing (means DIBS, NOT 5% DISCOUNT. With DIBS you still need to pay the principal portion of your bank loan, does not mean you need not pay anything)
- 10% rebate upon VP (rebate of 10% 3 years later is around 7-8% now? Do consider 3 years inflation.
As the above post have mentioned, it is really just 10% discount, if not less than 10% discount.
So, if any of the sales person tell you otherwise, please please clarify with them. I am writing this post because I can't stand to see some uncles and aunties who simply needs a better place to stay (mostly staying nearby) being mislead into believing that they are getting 20% discount and the price psf they are paying is merely RM500++. It is actually about RM660psf - RM750psf and above, depending on the layout and floor.
Developer claimed to be building the development on the elevated land, this is only true for Block A. If you notice, even the location of Block A is lower than the current land where the current show gallery is built. Block B's land is much lower.
From the front of Block A or B, if you look to your right, there is a Malay cemetery.
From the back of Block A or B, there is a big mosque in Segambut Dalam.
There is also a drain, clouded with muddy water all the time, exactly behind the development.
The actual location is Taman Sri Sinar, Segambut, 51200 KL.
Developer claimed to have an access road directly to the hospital at Desa Parkcity. However this has yet been approved. More than 5 years ago, I remembered Bukit Prima Pelangi has sold their property mentioning their access road to Desa Parkcity too.
The plus point of this development is the Freehold land and high ceiling.
If my rough calculation is correct, 3 years later, you will need to sell your unit at at least RM920psf to break even. Not mentioning making any profit.
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