i think it's because they haven't even clear the land yet...

Perdana residence 2 years to complete. Individual title, not strata.
I was one of the proud owner of PR2

manage to add in the extra clause?

nope. signed already

so far, which bankers did you guys signed with? am considering rhb here...

Currently, RHB is offering better rate than the other banks. BLR-2.45.
I believe many are signing with RHB. I did!

Just confirm with GYA, APDL getting by next week.

I signed with CIMB -2.4
no choice, other banks rejected my loan.

just got call from GYA, ask to sign S&P and bring remaining downpayment payable to developer

actually, when they say completion in 2016, does it mean completion of the construction only or we can move in in 2016?

Means you can take key and move in in 2016 our else prepare to claim LAD

APDL obtained...advertised in newspaper today

i saw that too.. this weekend MR2 show gallery will be very crowded

oh.. then real spa coming liao lor

wat's apdl?

Advertising Permit & Developer License

Thats good to clear the doubts of S&P officially coming soon.

Sorry for noob... first time buying house and I am drowning in lots of technical names...

That means, the title was successfully converted to residential title and therefore the government issued apdl. So, with APDL they can now start to clear the land? Correct me if I am wrong...

Which newspaper?

Update:
On TheSun dated 5th-July



This post has been edited by veron4best: Jul 5 2013, 11:05 AM

Yes, correct.

It was currently an agriculture land, which developer needs to convert it to residential land ( for housing purpose ) before they go on to get the AP & DL. Without AP & DL, developer actually only can sell it under "Special Preview" where we "Offer to Purchase the Property at said price RM xxx,xxx from the developer and the deposit shall paid to XXXXX as the stakeholders" with additional of, if there is any changes of prices, floor plan, master plan etc, I shall agree the decision of the developer to cancel our purchase or increase the price in due course. Means not developer sell to us because we want to purchase from them.

Without AP, developer cannot fully advertise the project with selling price where they can't accept any booking which paid to their company.
Without DL, developer cannot sell the property as this is the license from the housing government for the developer to sell to public.
That's why we paid the booking fee to the S&P solicitor as stakeholder under "Special Preview" or before AP & DL obtained.

I cannot see and read the paper's bottom left.

If not mistaken, this advertisement is normal advertisement and not only advertisement for selling where it didn't stated any AP & DL number and date as well as the project's details of land title and selling price.