Should be launched in next month! Stay tuned

- Sign SPA first then only LO
you pay the balance of 10% down payment upon signing SPA and if the bank's LO is expired or invalid, you would have to appeal for reinstatement or reapply the loan and it might take some while (depending on the banker's and bank's efficiency). So the loan might be disbursed late and developer will charge you the penalty. Things get worse when the bank doesn't approve your appeal or re-application.

- Sign LO first then only SPA
You sign the LO and secure the loan. If the purchase is cancelled due to your own reason, bank might charge you a penalty (at most RM2000) for loan cancellation. However, some banks are very kind and they are willing to waive for you. And Calculator2013 is right. If the purchase is cancelled due to developer's or vendor's issue, then you will have a very strong reason to ask for waiver.

So I personally think that signing LO first is more secured and with lower risk. Just my 2 cents as an ex-mortgage banker

There are still some units available for 1017sf (2+1 rooms) and 1264sf (3+1 rooms). Please contact me if you are interested. I am the developer appointed agent. Thank you


Regards,
Daniel Ng
016-6630067

We beg them to let us cari makan a bit haha... By the way, not many good units left already...

You all already bought the unit there and still want me to convince meh?

To be frank, I'm not really familiar with Selayang area. So I dare not to comment about the location. Otherwise other Taikor here sure shoot me 99. Concept wise is always great for the projects from this developer. Low density and full facilities. And I think we hardly get other 'medium to high end' projects like this in Selayang. So dont need to worry about the supply demand curve. Local Selayang people who wish to upgrade themselves will probably choose S18 when it's completed 3 years later. So it's good for own stay and investment. Just my 2 cents...


p/s: to all S18 investors, don't forget to appoint me as your exclusive agent to sell your unit 3 years later

Bro, usually bank will help you to finance the gross legal fee (before discount) and they will release the money to the loan lawyer right before the first disbursement to the developer. That is why the lawyer can only refund the discount portion to you then. Otherwise they will have to come out with their own pocket money to pay you now and I don't think any lawyer is so kind haha...

Also, if you don't want to pay for the interest, technically you just need to dump in the money from the discount portion back to your loan account to save the interest as most banks are offering semi flexi or full flexi packages now. But please take note that some banks don't allow you to dump in any money into your loan account during the construction period to save interest. Hope my info is helpful for you