Haha, F1 driver spotted! I will try dig more info from a friend of mine who are tendering the sample house project there. Maybe i can have the 1st view of the phase 1 terrace facade. P&c yo.

double gosh, soli to hear that bro, but are u expecting to use 32 years to pay up ur home loan?

Exiting the MLTA or transfer to other prop is still the same purpose. Do you know that if u dispose early says less than 7 years, the refund is almost unbelievable low?

What if when u reach the year 10th and u suddenly cant serve the annual premium rm 2.3k, u know what they will do?

There are a lot terms and conditions to such MLTA as it is recurring fees and very long service tenure. Your expose risk is way way higher.

Are u comfortable to use Hong Leong Assurance as ur service provider? Malaysia no 01 insurance is great eastern then follow by prudential. Why UOB did not choose them as for ur MLTA provider? Do u know how much UOB had earn the commission if u taken MLTA from Hong Leong Assurance?

BTW, ur MLTA covers on what? Life insurance? Fatal Accident? Permanent Disabilities? 36 Critical illness? Do u think the UOB mortgage office is qualify enough to explain all these on behalf a insurance company?

Even prudential also cant guarantee how much i could get back after mature of my premium because depending on annual profit and dividend from them.

These smart smart insurance player in market and if u know how they run the business, they actually suck in all ur premium 1st 10 years as so called "their fee" then they only start invest and save ur money after 10 years but if u still maintaining your MLTA policy. 10 years later, who know what happen?

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Added on November 12, 2012, 1:51 pm
MRTA is one time installment but cannot retrieve after matured. Thats why very very cheap

MLTA is like = life insurance + accident + saving + investment , but premium very very expensive.

Bro, if u think u r 100% sure this unit u will keep for ur own use until 40 years, u are advise to take the MRTA because it still cheap.

But if u meant it for investment maybe 6 years later, better source shorter MRTA tenure.

I dont think u get my point posted before. I had mentioned the same to Jootat before.

For my previous case with UOB.

UOB can offers tenure up to 70 years old or 40 years tenure.

my loan applied is rm270k.

If no MRTA or MLTA included, UOB only can offers max -2.3%

If got MRTA included, i can get offer max at -2.4%

But im not required to take full tenure MRTA. The minimum MRTA requires by UOB for eligible of -2.4% was 5 years only.

Means MRTA 5 years for 270k loan is only rm1k. They got it cheap maybe the mortgage officer was helpful and kind with me when sourcing for MRTA quotation.

True story.

BTW, with the 0.1% different between -2.3% and -2.4%, the MRTA is actually free top up for me due to the loan interest different. Why not?

dont be so negative, seremban, nilai, rawang, ijok, kuala selangor, jenjarom, banting, semenyih, ipoh, kuantan and etc still got a lot cheap cheap terrace. Rm 300k can get a big big landed terrace. the hope is out there.

I might migrate away from klang valley and sell off all my investment and living happily with my family in ipoh or anywhere starting my own business. Maybe Tauke kopitiam. Who knows.

SP ECO HILL my next target also.
From silk to lekas ( from the mines to the SPsign board or the fly over with no two end ) . Took ngiam ngiam 15 mins with 2 tolls only. Never expect is shorter than we think as all other forumer saying very very far.

I dont think AP is out yet. But UOB + MLTA still not the best deal.

FYI, last time i test with UOB. 90% + 5 years MRTA can get -2.4% redi.

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Added on November 12, 2012, 12:56 pm
My gosh, why u and jootat took the MLTA thing? Different insurance company different rates. Do u know which insurance u taking for the said MLTA? If u want to take MLTA, better top up ur life insurance more worth it.

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Added on November 12, 2012, 1:02 pm
i still think its a sticker game, i think the new price is applicable to those units facing BTHO terrace. Its a en bloc game by the agent i think. If im a exclusive agent for this, i also will en block those good unit then sale at higher price during official launching. Its a business survival thing.

Im myself consider very very very early bird, but went there to book but they say all unit facing BTHO terrace all out. Im ask them how early is ur early early early early bird booking date, no one can reply. how about that?

Still not getting call from sales office to prepare for the loan. Should i call up the sales agent?

BTW, how much rental do you guys think can get for a basic unit? if the rental is ok then maybe will keep this unit. Collect rental when retire also good.

i am not pro in this la ... but currently, i am setting my expectation at 1300 - 1400 per month ... if higher then i am happy ...

Ms K ignored my SMS too ... omg ... 

Received the same SMS today also..And has visited to the Sales Office in Mahkota Cheras. Booked for a unit facing BTHO..Yeah Yeah..

So good. What is the size and how much is the unit price after discount?

Is level 9..1195sqft

RM1300-1400 is consider very good lor....that is slightly more than 5%.

Guys, just received a SMS for SIlk residence lol.

Message goes like this:-

==
We are please to inform you that a brand new luxury condo named Silk residence is open for sale now. Lcoated at nearby Jusco Cheras Selatan [Silk highway] . Full facilities with infiinity pool and Sky lounge. Enjoy 10% discount for limtied period and units only. KLCC and Swimming Pool view still available.
Kindly contact Marketing dept of Cheras Hong Soon Dev Sdn Bhd. RM5k Reservation. Tq
==

   
Luxury condo... sounds so interesting ... haha ...

Btw, so the sales office at BMC is it the same as the one in Belakong? The sms that you guys received, is it new launch?

Received the same SMS today also..And has visited to the Sales Office in Mahkota Cheras. Booked for a unit facing BTHO..Yeah Yeah..

Feel like being cheated. I was told by SA few months ago since I 1st meet with them facing BTHO units all sold. 

Notice!!!!!!!