This project is damm fast.

Indeed. Look at the photos that humm provided. The work has started even before the ballot. Respect.

not yet ballot....but staffs already booked ma.

wtf

hm.. it's about time looking at the stage of construction!! and i have to get ready some payment since i only loan 80%!

So, means buyer need to start paying interest to bank or this is a DIBS program?

[quote=HeartRock_Cafe,May 29 2013, 04:58 PM]
wtf

[/quote]

why F? you want your project 4ever no disbursement?

[/quote]

i didnt get 70% loan so u shud understand my WTF statement lol

No DIBS
Only BIBS

Buyer interest bearing scheme....

Dang, I had not signed my loan agreement leh.... Better arrange w lawyer quick.

Ive checked with my lawyer ijm asked for 10% only as at today. Phew

No, I am looking at the letter - it's 10% and 15%; total of 25%!

To clarify: we paid the 10% to developer when we signed S&P. This is an additional 25%. So in total, you would have to pay the developer 35% soon.

This post has been edited by belfong: May 30 2013, 01:38 PM

means IJM skipped the 2nd progress billing at 10%

Wow...so mean if really want to invest in this IJM launching (especially for those swallow pocket people like me), either must confirm to have a secure 90% loan or else must have ready cash of 30% (let say if only can get loan of 70%) to sustain the deal, right?
Want to know if buyer fail to fork out the subsequent disbursement of 25% as requested by developer (let say only able to secure 65% loan amount), what will happen?

They didn't. They are asking the 2nd progress (10%) payment and 3rd progress (15%) payment at the same time. Which is why they are asking 25% now.

Bro, booking made in Feb, now already June u still cannot secure loan then how ?
Who wanna help you?

Anyway- if really cannot folk out cash and cannot get loan as yet , then just pay interest loh..... Developer give like 30 days notice, any delay will charge interest - at rate higher than bank la, dunno how much.

When u signed snp, they have given you the progress billing schedule.

Didnt know they have built some before launch.

The land clearing and earth work has been done few days before the Chimes was ballot at Subang Jaya's Holiday Villa. Because I went to the site personally to decide whether to go in this project or no.

@jeghui, the billing schedule does not indicate time right? It tie to the construction progress, ie piling, RC works, brick works.

@chris, I also did a survey there, like 2 weeks before ballot. I think the earth works commence like months already la. They had sure clear n level a rather large plot.

May be I should take my Mountain bike to explore there this Sunday....

Yes, billing ties to construction progress.

+1

got the letter.. confirm my row is only the next 10% billing. i think different rows have different stage of construction, as shown by the pictures posted earlier. as far as i remember, IJM tendered the job to 3 different contractors, so 3 contractors are doing their best to outdo each other now, with different rate of progress.. so i believe those who got billed 25% got an efficient contractor.. lol