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Investment Ivory Residence @ Mutiara Heights, Kajang, by TLS, share your opinions here
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nacho28
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Nov 27 2012, 11:40 AM
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New Member
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Hi all,
Looking to let go of my unit, high floor, at Blk A facing swimming pool to let go due to other commitments.
Kindly pm me for the details. Serious buyer only please.
Thank you.
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Manlet
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Nov 27 2012, 01:10 PM
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QUOTE(nacho28 @ Nov 27 2012, 11:40 AM) Hi all, Looking to let go of my unit, high floor, at Blk A facing swimming pool to let go due to other commitments. Kindly pm me for the details. Serious buyer only please. Thank you. What floor and whats the price u considering, can pm me as soon ?
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boringguy
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Nov 27 2012, 10:52 PM
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Getting Started

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QUOTE(chimaera @ Nov 27 2012, 11:24 AM) I think HSBC really no interest with this project. Applied a month ago and very slow reply or feedback from HSBC. End up taken CIMB's offer. They should just de-list themselves from the panel bank if they are not bothered with this project at all. ya i agree with you. they should de-list them from the panel bank.
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Prophunter
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Nov 28 2012, 12:13 AM
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Sorry to re-ask:
1) MBSB in the panel? 2) Booking fee is refundable if bank reject our loan application?
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iamgoodman
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Nov 28 2012, 08:36 AM
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QUOTE(Prophunter @ Nov 28 2012, 12:13 AM) Sorry to re-ask: 1) MBSB in the panel? 2) Booking fee is refundable if bank reject our loan application? u sound like starting to lack of confidence to this property?
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shawnk
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Nov 28 2012, 08:42 AM
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QUOTE(Prophunter @ Nov 28 2012, 12:13 AM) Sorry to re-ask: 1) MBSB in the panel? 2) Booking fee is refundable if bank reject our loan application? 1) Did not see MBSB being listed as panel bank. You may try to call TLS to confirm but chances is slim 2) Yes
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twincharger07
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Nov 28 2012, 09:11 AM
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QUOTE(iamgoodman @ Nov 28 2012, 08:36 AM) u sound like starting to lack of confidence to this property? standard precaution question,, buyers should b aware on various circumstances imho
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lkg1987
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Nov 28 2012, 09:40 AM
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New Member
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any panel banker offer semi flex loan?
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Prophunter
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Nov 28 2012, 03:42 PM
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QUOTE(shawnk @ Nov 28 2012, 08:42 AM) 1) Did not see MBSB being listed as panel bank. You may try to call TLS to confirm but chances is slim 2) Yes Thank you. Just want to reserve the cash because of 70per LVT rule. MBSB is rarely in the panels of new development anymore
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iamgoodman
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Nov 28 2012, 09:41 PM
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my banker fren told me that government has a 10 years development plan for kajang besides mrt.....
but 10 years.. its gonna be long....
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kremlin
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Nov 28 2012, 09:55 PM
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QUOTE(iamgoodman @ Nov 28 2012, 09:41 PM) my banker fren told me that government has a 10 years development plan for kajang besides mrt..... but 10 years.. its gonna be long.... 10 years plan is better than none  at least we can tell future buyers in 2015 that it is already 3rd year of the development plan hehe
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NoDoubt Leong
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Nov 28 2012, 10:51 PM
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Getting Started

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QUOTE(Prophunter @ Nov 28 2012, 12:13 AM) Sorry to re-ask: 1) MBSB in the panel? 2) Booking fee is refundable if bank reject our loan application? 1) Yes, but their interest is higher. If it's your 3rd properties, they still provide 85% loan. 2) Yes, but just 95% only. 5% as a administration fees. This post has been edited by NoDoubt Leong: Nov 28 2012, 10:54 PM
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Prophunter
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Nov 28 2012, 11:03 PM
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QUOTE(NoDoubt Leong @ Nov 28 2012, 10:51 PM) 1) Yes, but their interest is higher. If it's your 3rd properties, they still provide 85% loan. 2) Yes, but just 95% only. 5% as a administration fees. Thank you. The reason for MBSB is the limitation of conventional banking 70per LVT. I shall call TLS to reconfirm on this before proceeding with the purchase.
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NoDoubt Leong
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Nov 28 2012, 11:50 PM
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Getting Started

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QUOTE(Prophunter @ Nov 28 2012, 11:03 PM) Thank you. The reason for MBSB is the limitation of conventional banking 70per LVT. I shall call TLS to reconfirm on this before proceeding with the purchase. BLR-1% only.
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Prophunter
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Nov 28 2012, 11:58 PM
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QUOTE(NoDoubt Leong @ Nov 28 2012, 11:50 PM) I know. Depends on your investment strategy. Instead of dumping 30% DP (depends on billing progress) into an undercon property, why not take a higher insterest loan for construction only (you just gotta pay the interest - which is a couple of bucks) and dump that money into a positive cashflow subsale apartment. After 3 years: 1) You earn a few thousand from the subsale property. (This may offset the higher interest rate for MBSB) 2) Refinance MBSB loan to other bank (and hopefully the market price increases, so you'll get cashback) Cash is king, use it wisely. Get 1 undercon prop with no cashflow or 2 property?
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iamgoodman
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Nov 29 2012, 11:38 AM
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QUOTE(Prophunter @ Nov 28 2012, 11:58 PM) I know. Depends on your investment strategy. Instead of dumping 30% DP (depends on billing progress) into an undercon property, why not take a higher insterest loan for construction only (you just gotta pay the interest - which is a couple of bucks) and dump that money into a positive cashflow subsale apartment. After 3 years: 1) You earn a few thousand from the subsale property. (This may offset the higher interest rate for MBSB) 2) Refinance MBSB loan to other bank (and hopefully the market price increases, so you'll get cashback) Cash is king, use it wisely. Get 1 undercon prop with no cashflow or 2 property? damn pro... salute
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chimaera
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Nov 29 2012, 12:00 PM
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Getting Started

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QUOTE(Prophunter @ Nov 28 2012, 11:58 PM) I know. Depends on your investment strategy. Instead of dumping 30% DP (depends on billing progress) into an undercon property, why not take a higher insterest loan for construction only (you just gotta pay the interest - which is a couple of bucks) and dump that money into a positive cashflow subsale apartment. After 3 years: 1) You earn a few thousand from the subsale property. (This may offset the higher interest rate for MBSB) 2) Refinance MBSB loan to other bank (and hopefully the market price increases, so you'll get cashback) Cash is king, use it wisely. Get 1 undercon prop with no cashflow or 2 property? Hi, I am a noob here. So just would like to know... How to take the construction loan? With the MBSB loan?
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-/00\-
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Nov 30 2012, 11:49 PM
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2 units block A to let go..
forest view low floor and kajang view high floor..
kindly pm if interested..
This post has been edited by -/00\-: Nov 30 2012, 11:50 PM
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Prophunter
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Dec 1 2012, 12:12 AM
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QUOTE(-/00\- @ Nov 30 2012, 11:49 PM) 2 units block A to let go.. forest view low floor and kajang view high floor.. kindly pm if interested.. I dont think you can exchange the name like that
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iamgoodman
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Dec 1 2012, 08:11 AM
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QUOTE(-/00\- @ Nov 30 2012, 11:49 PM) 2 units block A to let go.. forest view low floor and kajang view high floor.. kindly pm if interested.. aiyoyo... u suddenly very desprate on this unit.... suddenly rushing to let go....
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