HxLxB

BLR -2.5 from 1 to 60 months
BLR-2.4 thereafter
with lock in period..

Hong Leong :

Maximum tenure : 30 years.

BLR-2.5% for first 5 years
BLR-2.4% for remaining years

Lock in period 3 years.


HSBC :

Maximum tenure : 35 years

BLR-2.5% for first 4 years
BLR-2.45% for remaining years

Not sure about lock in period.

So hong leong's package seems the worst so far.

i got a unit at block D to release as my gf doesnt like to stay there. Pls contact me if anyone is interested. The size is 1488sf.

Got HSBC mortgage sales officer name and email contact?

Please pm me details

Hong Leong at least offering DIBS. Citibank is the most stringent and they are not offering DIBS.
It is something like this:

1) Need to open two account. One sort of like savings (or current, can't remember), another one for mortage.

2) EVERY time the developer paid interest to the bank, say 5k, I would need to top up same amount of money into the mortgage account. So I need to top up 5k. Bank will give me 4% interest rate (lump sump). So based on 5k , I get RM200. Total money that belongs to me is RM5.2k. This 5.2 k will be locked for a period of time, see point number 4. Of course you get to earn savings/current account interest rate.

3) After 30 months (not upon VP) , need to start paying monthly installment.

4. When construction is 50-60% complete, the money that belong to me in the mortgage account will be transferred to savings or current account. Meaning now you can withdraw the money.


Citibank is offering more like a savings plan. I was told because the construction period is 4.5 years, this is the first time they are offering such package.

This post has been edited by mkhooi: Aug 14 2013, 06:37 AM

If you release, do you think you can arrange for someone u want to get the unit? Or it goes to waiting list?

I tried asking for drop out units at starhill last week, but the YTL staff told me i gotta be put on waiting list....which numbers >100 then.

There's a will, there's a way

Yup, sounds more like a savings plan. But 4% pa does not cut it. Anyone with an outstanding flexi loan account can just dump 5k into their existing loan and save 6.6% - x.x% interest rate which would be undoubtely higher than 4% pa.

But on the other hand.....if you work for a company (ie. bank) which offers you some kinda interest rate rebate on existing loan............

Do you know for sure, or ur just saying?

bro Minolta, this is a public forum...

So u say u tok kok?

just a hint, nothing more and nothing less. peace bro, follow the rule is always the safest.

Hint? Aint no hint there. If you say it can be done in an open forum, then some innocent reader's gonna try doing what you "hint" and end up wasting their time just because of your hint.

I'm saying it cant be done. Not because of following rules but its been tried by many including myself and not successful. Maybe u think u can do better. So go ahead and proove it.

Thats the difference between tok kok in a public forum and genuine sharing to help fellow forummers. Peace to u too!

sorry for toking kok here...my bad my bad...

Agree with minolta boss. Many people visited starhill recently thinking there are drop out units (could be based on info here) but wasted their trip.
YTL is serious about the process, even during the preview, they give same treatment to the vip buyer and own ytl staff.. you reach 60 secs and still undecided, they loudly ask you to q again. The SnP lawyer Richard was in the q too..

it seems like the loan package from the banks are alomost the same.

My loan appplication with CIMB has been approved.

1st year BLR-2.50%
2nd to 4th year BLR-2.45%
5th year onward BLR-2.40%
DIBS package free interest
No lock-in-period
loan tenure 34 years
Full flexi loan

Psooi, so no need sign SNP, can apply for loan? I dont know so asking you. Care to share? Tks

Yes. i give them letter of offer & DIBS documents.

This post has been edited by psooi: Aug 14 2013, 09:36 PM