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Household Selayang 18 - new condo
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Calculator2013
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Jul 24 2013, 05:59 PM
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QUOTE(yoonchuan @ Jul 24 2013, 05:45 PM) hi guys ! anyone getting the sms from 66628 "Kindly call lawyer, Chan Mun Yee & Associates (Damansara Utama) at 03-77223922 to execute your loan documents. " I just received this sms .... Wah, so fast execute Loan Agreement? I thought will be signed together when S&P ready in August? So, did you contact that lawyer?
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Calculator2013
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Jul 24 2013, 11:07 PM
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QUOTE(tengster @ Jul 24 2013, 09:03 PM) JMB is required to be formed within 12 months after VP so that this JMB can eventually lead all the decision making processes. To make it work, this JMB hot to be comprised of member from various expertise a such as lawyer, accounting, engineering, etc. they gotta be impartial and has zero other agenda too. Such work is voluntary work. The members will need to devote their time unconditionally to make S18 a better place. Not easy. Wow, sounds complicated. By the way, is JMB formed after getting strata title? Cos if still under Master Title, is it the condo managed by developer/developer appointed management office? And zero agenda means full time there? Thanks for sharing.
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Calculator2013
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Jul 25 2013, 09:57 AM
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QUOTE(tengster @ Jul 24 2013, 11:17 PM) The process of getting strata title takes year... Like 2 years till decades.... Meanwhile 2008 Building maintenance blah blah Act will be used. This require JMB to be formed within 12 months from VP. The condo can be managed by other building management company after first year if JMB think the developer team ain't good enough. For first year, it is normally managed by developer appointed team. Zero agenda means they are not there to get contract but to contribute positively is maintain the condo. JMB members are normally not full time. But once awhile, there is one or two could be offered small allowance for running the show almost full time. Normally they are retirees....  Wow, great. A very comprehensive and detail explaination. Thanks for the time spent and effort.  Did you booked a unit in S18? Cos it would be great to have such experienced tenant/owner in S18.
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Calculator2013
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Jul 25 2013, 05:12 PM
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QUOTE(tengster @ Jul 25 2013, 04:25 PM) I didn't get choice unit. If anyone dropping out for whatever reasons, kindy PM me. Heard from SA that some people loan still not approved. For 1017sqft, lesser choices. Maybe for 1264 sqft more options. You can frequently check at sales gallery if possible.
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Calculator2013
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Jul 28 2013, 12:18 AM
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QUOTE(King of Justice 2013 @ Jul 26 2013, 04:15 PM) For example what is the compensation? If let say level 19 block b facing kl view? Yo, bro. Why let go your unit? Is it loan not approved or not interested anymore? I heard from my friend buying level 5 of S18 that his loan approval also quite slow. So he asked SA to submit another loan application to CIMB. Good luck to all bros of S18 in applying loan. Cheers!!! This post has been edited by Calculator2013: Jul 28 2013, 12:28 AM
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Calculator2013
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Jul 28 2013, 07:40 AM
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QUOTE(tengster @ Jul 28 2013, 12:34 AM) Level 5 is carpark right. Level 1-4 are carparks. Level 5 is swmming pool plus some units.
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Calculator2013
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Jul 28 2013, 07:42 AM
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QUOTE(King of Justice 2013 @ Jul 28 2013, 01:07 AM) Bro Calculator2013, im definitely interested with the location of this s18 which I also staying nearby in Selayang. But I more interested to know what is the capital gain after 3 years later. S18 is consider as my investment property. The Maybank loan approval took such long period which I feel disappointed with their services and still keep asking all kinds of document which already submitted in early stage. It wasting lots of my time just reprint and resend to the office. Now already 1 month and still have no news from the banker. My desire of purchasing the unit become lesser and thinking should I change to other property which have more potential in capital gain. Maybank service always slow.  Anyway, good luck.
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Calculator2013
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Jul 28 2013, 12:15 PM
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QUOTE(rainman19 @ Jul 28 2013, 10:59 AM) I tot 3 panel banks only. CIMB newly on board? I quite interested this project too At first Maybank and UOB. Then Alliance came in. CIMB just newly came onboard. But you better check with SA if interested. This post has been edited by Calculator2013: Jul 28 2013, 12:16 PM
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Calculator2013
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Jul 28 2013, 05:41 PM
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QUOTE(rainman19 @ Jul 28 2013, 02:24 PM) Interesting Tq calculator Most of u guys bought here for own stay or flip? I bought for own stay. I have a fren bought for own stay, my aunt also bought one for own stay. Heard my other fren bought for flip.
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Calculator2013
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Jul 28 2013, 05:42 PM
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QUOTE(dingvincent @ Jul 28 2013, 04:00 PM) I was thinking since its a leasehold, and estimation to complete on 2017. Thw tenure period for lease is still 99 years or..? If not mistaken, lease will end year 2113. Please correct me if wrong. Thanks.
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Calculator2013
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Jul 30 2013, 09:05 AM
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Anyone else signed Letter Offer from bank?
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Calculator2013
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Jul 30 2013, 10:39 PM
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QUOTE(kurtkantoi @ Jul 30 2013, 08:18 PM) Already one month. Called the officer every week but keep telling me he will let me know the answer soon. I can only go for +/-RM500k loan mortgage at this moment. It will be hard for me getting a new loan if they keep dragging like this.  My loan was approved, but my fren still waiting Maybank reply. He just changed job, no new payslip. Maybe that's the reason. However, have to admit that Maybank is slow. CIMB and UOB is available for S18, maybe can try with them.
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Calculator2013
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Jul 30 2013, 11:21 PM
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QUOTE(tengster @ Jul 30 2013, 10:42 PM) Your friend waited for how long already?  Mid June till now. Almost 4weeks ++.  But he said SA helped him to submit to CIMB also recently. This post has been edited by Calculator2013: Jul 30 2013, 11:23 PM
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Calculator2013
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Jul 31 2013, 10:38 AM
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QUOTE(fail2ban @ Jul 31 2013, 08:40 AM) Just sign LO last week, Block B facing KL view.. received SMS from Maybank system processing my loan on 10th July, another 4days I received SMS again loan approved. Wow, great!! Do you have any news when to sign SPA? Is it we sign together with Loan Agreement? Thanks.
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Calculator2013
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Jul 31 2013, 11:40 AM
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QUOTE(JerriH @ Jul 31 2013, 11:21 AM) Agreed, give up s18 is not an easy decision for me, this project got so much potential, however i decided to buy a double storey link house for own stay, and i am not rich enough to buy 2 properties at the same time, so have to let go s18. I really wish that i can grab both properties, 1 for own stay 1 for investment, but got to face the fact that I AM NOT RICH, hehe. Noted and congrats!!! Double storey link house also very cosy and nice. Mind to share where and what price u bought? Just curious.
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Calculator2013
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Jul 31 2013, 03:38 PM
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QUOTE(dingvincent @ Jul 31 2013, 01:31 PM) Great..good buy too.. Hope next time got chance to be neighbour with u again in s18  Yah, hope ur hubby earn more. Then u can buy sub-sale of S18, we can be neighbours then. Good luck and cheers.
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Calculator2013
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Jul 31 2013, 11:59 PM
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QUOTE(JerriH @ Jul 31 2013, 09:27 PM) Thank for positive feedback! Agreed that cant get DSL with that price in KL, MR2 is like love at 1st sight, now i can truly understand y people prefer landed. Last week i drove from Duta tol to Rawang tol during non peak hours, it takes around 15 minutes to reach, it definitely take longer during peak hours. Since it expected completion is 2016, still 3 years to wait, u no need to move there now, anything can happen in 3 years time, maybe 3 years later u can ask for a transfer to nearby branch (if ur company got), or maybe u changed ur job? No one knows what will happen in 3 years time, like myself maybe i changed my mind not to stay there but sell it and make some $, who knows? But 1 thing for sure, u cant get DSL by this price after 3 years. MR2 quite nice, love at first sight for you, then must buy. Anyway, my main concern is security. So I bought S18. Previously almost bought a DSL in Selayang Mall vicinity, but cancelled due to title problem. Let's hope all become rich in 3 years time, then can buy Westside2 or landed property in DPC.
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Calculator2013
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Aug 2 2013, 11:04 AM
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Anyone went to sales gallery recently? Wondering the sales progress.... When will they launch S18 officially?
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Calculator2013
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Aug 2 2013, 11:53 AM
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QUOTE(supeman @ Aug 2 2013, 11:11 AM) anyone with alliance bank and uob banker's contact? my mbb loan rejected by officer altho the staff that attend to me saying my loan should be ok. anyway, while she appeal for me, better for me to have plan b. There is also CIMB. Maybe you can call SA to ask for contact person.
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Calculator2013
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Aug 2 2013, 08:01 PM
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QUOTE(tengster @ Aug 2 2013, 07:37 PM) What if project didn't take off...and you already signed the LO? Any repercussions? If project not take off, then there's no point of panel banks imposing any fines too. Cause they are panel banks, they should know better of F3 status before collaborating with this developer. However, based on experience, if we have not signed any Loan Agreement which is the official binding document, very unlikely the bank will charge any fees, or minimal one. I have cancelled a signed LO with Stand Chart, before signing SPA and Loan Agreement. This is due to the landed house title problem, because of complication. So, mutual cancellation for the purchase between me and vendor. No fine imposed on me by bank. However, it's really up to you whether to sign LO first or SPA first. I guess F3 will go ahead with S18, just my two cents. This post has been edited by Calculator2013: Aug 2 2013, 08:07 PM
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