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Investment Sunway Geo Residences,South Quay Bandar Sunway, Any Opinion?

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kienhow
post Sep 28 2013, 10:43 PM

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QUOTE(Bingoo @ Sep 28 2013, 04:41 PM)
If 829sq can get 2 car park then is worth! After discount is worth to buy.

But they per launch for PAL 1st, I think small unit will all sapu clean clean.
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Confirm they launch to PAL 1st??
MaxKHOO
post Sep 28 2013, 11:15 PM

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QUOTE(kienhow @ Sep 28 2013, 10:43 PM)
Confirm they launch to PAL 1st??
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Yes, they target to launch for PAL first in 3rd week October.
dhhd
post Sep 28 2013, 11:28 PM

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I just worried by the time they open to registrant, gov already cancelled the DIBS... BTW, only 6%? I thought they gave 9% for flexi suites?
Donald Trump
post Sep 29 2013, 12:18 AM

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QUOTE(dhhd @ Sep 28 2013, 11:28 PM)
I just worried by the time they open to registrant, gov already cancelled the DIBS... BTW, only 6%? I thought they gave 9% for flexi suites?
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Honestly if u r not pals forget about getting small or medium size units..even pals also hv to be special pals cause sunway hv thousands of follower when comes to few hundred thousands products...directors, inter company, few thousand staff..so what are ur chances sweat.gif

This post has been edited by Donald Trump: Sep 29 2013, 12:20 AM
ecin
post Sep 29 2013, 12:25 AM

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QUOTE(dhhd @ Sep 28 2013, 11:28 PM)
I just worried by the time they open to registrant, gov already cancelled the DIBS... BTW, only 6%? I thought they gave 9% for flexi suites?
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How many years project is this?
Chris Chew
post Sep 29 2013, 02:12 PM

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QUOTE(ecin @ Sep 29 2013, 12:25 AM)
How many years project is this?
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Was told 4 years.

Probably due to they inclusive this Residence as part of the construction job together with the Retails and Flexi Suites. Moreover, if I not mistaken, earlier was being informed that GEO Residence have 2 Towers and they only launch Tower A first while Tower B should be next year.

Chris Chew
post Sep 29 2013, 02:20 PM

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QUOTE(MaxKHOO @ Sep 28 2013, 03:34 PM)
If joint name, still eligible for 90% bcoz in the CCRIS record, each of them only has one existing home loan. This is still consider as their 2nd loan individually.
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Boss, are you sure, can share which bank can do so?

As per my understanding with few big banks with the BNM guideline, LTV 70% rule is based on number of total housing loans for all the applicants under the same credit application.

Home Loan 1 : Husband's name ( S&P Husband & Wife )
Home Loan 2 ( 2nd property ) : Wife's name ( S&P Husband & Wife )

Although this is their respective 2nd home loan for each of them but it would be the 3rd home loan based on the single Credit Application ( where both applicants already owned a total 2 existing housing loans )

Unless HL1 and HL2 is same property and joint name, then the new loan is eligible for max 90% loan.


Chris Chew
post Sep 29 2013, 02:25 PM

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QUOTE(CMW123 @ Sep 28 2013, 03:33 PM)
Boss, all smallest 829 sf unit will face east but no lake view
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Boss, I prefer the 2nd smallest size, 900+ sq feet unit due to 2 bedrooms + study room and if I can remember correctly, it is corner unit or detached unit. Kekekekeke. Unsure if they had changed the master plan.

Face East is facing LDP right? Not sure whether it will make a noise and perhaps I should drop by and visit's A'Marine units facing LDP to test it out or else, got to sort out facing West for beauty.

Sigh, I still prefer North and South orientation.


Chris Chew
post Sep 29 2013, 02:27 PM

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QUOTE(kochin @ Sep 28 2013, 04:51 PM)
So boss, u interested? Ada jalan? Kekeke. I wonder how much does staff entitle to in terms of discount? Hmmmmm
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Hehe, boss, you interested too?

I interested but don't know bank interested to loan me or not. Perhaps should do refinancing to cash out before I find jalan, sigh.

I think more or less, staff's discount sure between 5-10% but given the ordinary discount already 10%, perhaps max 5% was given?
laststory
post Sep 29 2013, 02:39 PM

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QUOTE(Chris Chew @ Sep 29 2013, 02:25 PM)
Boss, I prefer the 2nd smallest size, 900+ sq feet unit due to 2 bedrooms + study room and if I can remember correctly, it is corner unit or detached unit. Kekekekeke. Unsure if they had changed the master plan.

Face East is facing LDP right? Not sure whether it will make a noise and perhaps I should drop by and visit's A'Marine units facing LDP to test it out or else, got to sort out facing West for beauty.

Sigh, I still prefer North and South orientation.
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Wah... So confuse

Chris Chew
post Sep 29 2013, 02:41 PM

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QUOTE(laststory @ Sep 29 2013, 02:39 PM)
Wah... So confuse
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Confuse of?


laststory
post Sep 29 2013, 02:41 PM

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QUOTE(Chris Chew @ Sep 28 2013, 12:46 PM)
No, LTV not hit in this criteria.

Any of the husband or wife name would be eligibe for 90%.

If Joint name now, then it is LTV 70% due to husband + wife already 2 existing home loans.
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Means third home loan only can apply under husband or wife name? Can't joint?
meteoraniac
post Sep 29 2013, 02:51 PM

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QUOTE(MaxKHOO @ Sep 28 2013, 12:11 PM)
If you are not taking DIBS, they give 6% discount, on top of the promotion discount of 10%. Repeat purchasers get another 3%.
Each floor, increase RM2000.

According to the sales person, the price is RM900 psf. It is still indicative. Target to launch in the 3rd week of October for PALs first.
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So if sunway pal gets a unit here with no dibs, it could be easily 19% discount?

At an indicative price of 900/sqf and 829sqf unit, thats 746k before discount

Or 604k after discount.. Quite doable with the future transport and retail integration plan

Some sifu also commented on 6 different sizes, but website only show 3....
laststory
post Sep 29 2013, 02:53 PM

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QUOTE(Chris Chew @ Sep 29 2013, 02:20 PM)
Boss, are you sure, can share which bank can do so?

As per my understanding with few big banks with the BNM guideline, LTV 70% rule is based on number of total housing loans for all the applicants under the same credit application.

Home Loan 1 : Husband's name ( S&P Husband & Wife )
Home Loan 2 ( 2nd property ) : Wife's name ( S&P Husband & Wife )

Although this is their respective 2nd home loan for each of them but it would be the 3rd home loan based on the single Credit Application ( where both applicants already owned a total 2 existing housing loans )

Unless HL1 and HL2 is same property and joint name, then the new loan is eligible for max 90% loan.
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Oh.. I get what's ur mean now.. Haha
usjhk
post Sep 29 2013, 05:00 PM

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When come to pre launch for PAL and later to the registrant, the selling is thru ballot or first come first served basis?
linghen
post Sep 30 2013, 02:10 PM

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QUOTE(Chris Chew @ Sep 29 2013, 02:25 PM)
Boss, I prefer the 2nd smallest size, 900+ sq feet unit due to 2 bedrooms + study room and if I can remember correctly, it is corner unit or detached unit. Kekekekeke. Unsure if they had changed the master plan.

Face East is facing LDP right? Not sure whether it will make a noise and perhaps I should drop by and visit's A'Marine units facing LDP to test it out or else, got to sort out facing West for beauty.

Sigh, I still prefer North and South orientation.
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Which block open for sale first (facing LDP & Lake)? Total how many floor and no of unit per floor? Is the building link to the future sunway geo mall?
coo|dude
post Sep 30 2013, 02:14 PM

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Where is the discussion on Sunway Geo Phase 1 on the flexi suites and retail shops?
usjhk
post Oct 2 2013, 08:58 PM

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QUOTE(linghen @ Sep 30 2013, 02:10 PM)
Which block open for sale first (facing LDP & Lake)? Total how many floor and no of unit per floor? Is the building link to the future sunway geo mall?
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I read the latest issue of Property lnsight magazine, there is a very comprehensive cover story about SSQ. From the detailed advertisement, geo will have 2 blocks of 30 storey which will have a direct access to Geo shopping mall via a secure bridge.
MaxKHOO
post Oct 3 2013, 11:28 AM

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Each unit will come together with minimum two car park bays. But indicative maintenance fee is a whooping 50 sen psf! That's extremely expensive. Now will hv to really reconsider whether to buy. Even 829 sf hv to pay more than Rm400 per mth just for maintenance.
xyyap
post Oct 3 2013, 01:20 PM

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QUOTE(MaxKHOO @ Oct 3 2013, 11:28 AM)
Each unit will come together with minimum two car park bays.  But indicative maintenance fee is a whooping 50 sen psf! That's extremely expensive.  Now will hv to really reconsider whether to buy. Even 829 sf hv to pay more than Rm400 per mth just for maintenance.
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Why maintenance fee so much?


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