Still got a few more phases after this, no worry...land size will be bigger also..

any1 knows what would be the next pricing launch in May? worthy to wait or grab this? my budget is below RM650k

Dunno whats the price..

Seriously, why ask ppl to come and ballot when only less than 40% are available ?

Another 5% up, So expect 677K

Better grab tomorrow or its will above your budget next month.

Price also bigger number. .. lol

SD attitude always take it or leave it, Since there have so many staff & prime members to buy.

Bet you tomorrow will be people mountain people sea, As now really difficult to find DSL below 700K unless go Rawang & Semenyih.

So far is either Elmina or Rimbayu.

should i pay the balance 10% downpayment by offsetting the 7% bumi discount (monthly will be RM2,928) or fork out another 10% net of 7% discount (RM2,723)? based on RM645,888

This post has been edited by anulus81: Apr 8 2016, 04:30 PM

Question 1 - Do you intend to pay principal + interest during construction period ? If yes & you have the money then go ahead pay more to reduce interest.

If you only wanna pay interest during construction period then Question 2 - Are you a person with good self control? Mean will you spend the extra money on things with no return, then also good to dump more money into deposit.

If you only wanna pay interest during construction period & have good self control, then better keep the money for investment or FD to earn interest while waiting for VP, as money in your possession with return better than in loan account with no return, anyway no body can guaranteed the project will not be delayed or abandoned, so keeping minimal in loan account also minimised your risk.

Upon VP only you throw the money into Flexi Loan Acct to reduce monthly payments or reduce the total years of repayments.

Is all in you whether you wanna pay more or less.

This post has been edited by jolokia: Apr 8 2016, 07:34 PM

Original S&P Price is 645,888.

2 option:
Option 1: 7% Bumi Discount, then Loan 90% from 645,888 is 581,299. You have to pay 3% downpayment. Pro for this is less RPGT if you intend to do investment and less cash to pay the downpayment.

Option 2: 7% Bumi Discount, then the new S&P Price will be 600,675. You have to pay 10% downpayment which is 60,067 cash. But your loan amount will be lesser 540,607. Cons for this is RPGT will be higher if you want to do investment. But loan lesser by 40K between option and option 2.

Option 1 good for investment and less cash. But loan slightly higher.
Option 2 good for own stay and less loan. But cash is higher

the next launch will be 22x75 and 24 x75 units, I don't think it will sell at 677K. Let say 22x75, we use 20x88 as branchmark. sub sales for 20x88 is 730k to 750k now and add 7% will be 780k +-. Dont forget, 24x79 in elmina garden selling at 860k to 930k now.

This post has been edited by cwyan: Apr 8 2016, 09:10 PM

If bigger size then sure above 100K up.

Bro can u explain more with Option 1. I dont quite understand since I'm still a rookie investor. Which way i can make the most with my investment?

I made to understand from my previous purchase, even we were given discount, the S&P price still the original price and not the nett price. Can any1 double confirm this?

Your points do make sense, better i keep RM50k and just pay 3% which is RM9.3k, the interest rate is only 4.45% as compared to ASB about 7.5%. But I have to choose flexi loan account for my mortgage la. Any recommendation.

Agreed ! That's why I was thinking, what loan amount has to do with RPGT.

Isn't RPGT based on SnP price..

Now all either Full Flexi or Semi Flexi, just checks the rate, compare & try to squeeze for lowest interest.

Avoid OUB, CIMB, OCBC & HSBC though there tends to increase interest as they like.

Ask for the project panel Bank, Usually they are more willing to approve the loan.

thanks for the advise. wish me luck for tomorrow balloting hehe

Guys, is prime member will be entitle to get additional 2% off with the purchase of SDP? Anyone can confirm?

Option 1 is good for investment as RPGT lesser..let say ur S&P price is 645k and ur selling price later is 700k, then rpgt is 50kx30%=15k

If option 2, rpgt is 700k minus 600k...then 100kx30%=30k

Depending on ur prime card colour..silver is 2%..if bumi, then u only need to pay 1% downpayment