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Investment TWY DUPLEX CONDOS @ MONT'KIARA, Everything is Double. By Symphony Life.

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aurora97
post Jul 27 2018, 08:36 PM

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QUOTE(eugeniechua @ Jul 16 2018, 08:53 PM)
Can I go into the owner group too ?
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Please PM me your mobile number.
pinkdm
post Sep 14 2018, 02:22 PM

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QUOTE(aurora97 @ Jul 27 2018, 08:36 PM)
Please PM me your mobile number.
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Hi, i always worry abt joining any so called "Owner Group" as:-
a) how do i verify the administrator is also a owner ?! hmm.gif
b) don't want to endup on the list as shown below ?! innocent.gif


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StarPrimo
post Sep 14 2018, 02:38 PM

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QUOTE(pinkdm @ Sep 14 2018, 02:22 PM)
Hi, i always worry abt joining any so called "Owner Group" as:-
a) how do i verify the administrator is also a owner ?! hmm.gif
b) don't want to endup on the list as shown below ?! innocent.gif
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True, worried about this too.
submergedx
post Sep 14 2018, 03:14 PM

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QUOTE(pinkdm @ Sep 14 2018, 02:22 PM)
Hi, i always worry abt joining any so called "Owner Group" as:-
a) how do i verify the administrator is also a owner ?! hmm.gif
b) don't want to endup on the list as shown below ?! innocent.gif
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niamakahai, can someone or owner report to authorities? MCMC?
what kind of fuk is this, publicly sell info?

aurora97
post Sep 14 2018, 04:34 PM

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QUOTE(pinkdm @ Sep 14 2018, 02:22 PM)
Hi, i always worry abt joining any so called "Owner Group" as:-
a) how do i verify the administrator is also a owner ?! hmm.gif
b) don't want to endup on the list as shown below ?! innocent.gif
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A) yes, i am the administrator and i am not an owner in Twy. My relative is. I am helping her with her defect when it comes to VP.

Enforcing the SPA and defect rectification are areas that you simply can't do alone. I remember doing this for Concerto and KM1E.

Also, if you look at the threads that i post, i dont sell or resell info. I am more interested in condo developments.

B) you join at your own risk. I never asked anyone for their details (except mobile). Its based on trust. Any property agent or developer agent will not be invited and kicked.

Despite the risk, all i can see are people sharing info, like how fast is the progress, loan billings etc...

This post has been edited by aurora97: Sep 14 2018, 05:11 PM
mangoproperty
post Oct 1 2018, 06:01 PM

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QUOTE(aurora97 @ Sep 14 2018, 04:34 PM)
A) yes, i am the administrator and i am not an owner in Twy. My relative is. I am helping her with her defect when it comes to VP.

Enforcing the SPA and defect rectification are areas that you simply can't do alone. I remember doing this for Concerto and KM1E.

Also, if you look at the threads that i post, i dont sell or resell info. I am more interested in condo developments.

B) you join at your own risk. I never asked anyone for their details (except mobile). Its based on trust. Any property agent or developer agent will not be invited and kicked.

Despite the risk, all i can see are people sharing info, like how fast is the progress, loan billings etc...
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When is the intended VP?

aurora97
post Oct 2 2018, 09:18 AM

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QUOTE(mangoproperty @ Oct 1 2018, 06:01 PM)
When is the intended VP?
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Memory kind of fugly on this but do read your SPA.

Typically it is 36 months from SPA Date.

For TWY is 48 months. Becareful if you are offered 54 months extension cause some owners mentioned they signed this. You will lose your LAD, if there is delay on developers end.
A.B.D.
post Oct 2 2018, 09:21 AM

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QUOTE(aurora97 @ Oct 2 2018, 09:18 AM)
Memory kind of fugly on this but do read your SPA.

Typically it is 36 months from SPA Date.

For TWY is 48 months. Becareful if you are offered 54 months extension cause some owners mentioned they signed this. You will lose your LAD, if there is delay on developers end.
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is the 54 months extension legal?

https://www.thestar.com.my/news/nation/2017...ys-of-projects/
aurora97
post Oct 2 2018, 09:26 AM

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QUOTE(A.B.D. @ Oct 2 2018, 09:21 AM)
There is a difference. The article you posted, the developer apply to housing ministry to extend the VP date. Fortunately, the Court decided that the housing ministry did not have such power to amend the SPA.

However, what is happening here is... when a new buyer wants to buy a property, when you sign the SPA, they will give you a side letter amending your SPA.

Make sure you read what your signning.

This post has been edited by aurora97: Oct 2 2018, 09:28 AM
BEANCOUNTER
post Oct 2 2018, 12:16 PM

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QUOTE(aurora97 @ Oct 2 2018, 09:18 AM)
Memory kind of fugly on this but do read your SPA.

Typically it is 36 months from SPA Date.

For TWY is 48 months. Becareful if you are offered 54 months extension cause some owners mentioned they signed this. You will lose your LAD, if there is delay on developers end.
*
the 'typical' ones are for residential land.

not sure if this is commercial land.
aurora97
post Oct 2 2018, 01:02 PM

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QUOTE(BEANCOUNTER @ Oct 2 2018, 12:16 PM)
the 'typical' ones are for residential land.

not sure if this is commercial land.
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Oh yeah, if i recall correctly, TWY is situated on a commercial land.

For commercial properties, the SPA under HDA - Schedule H does not apply. As such, some terms might deviate. For residential however, they must follow to the letter.

ThT bring said, with regards to "commercial terms" like price, amenities etc... they r typically populated by the developer. If i am not wrong this will include the number of months because certain residential developer say 1,000 units n above may take longer time to complete.

That is roughly my understanding but i will differ it to the experts....
BEANCOUNTER
post Oct 2 2018, 01:34 PM

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QUOTE(aurora97 @ Oct 2 2018, 01:02 PM)
Oh yeah, if i recall correctly, TWY is situated on a commercial land.

For commercial properties, the SPA under HDA - Schedule H does not apply. As such, some terms might deviate. For residential however, they must follow to the letter.

ThT bring said, with regards to "commercial terms" like price, amenities etc... they r typically populated by the developer. If i am not wrong this will include the number of months because certain residential developer say 1,000 units n above may take longer time to complete.

That is roughly my understanding but i will differ it to the experts....
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As long as developer building residential units sch H applied and protected underr hda.
Just that rates and tarriff under commercial rate.

The extention of 36mths started when kl started to put lorry restriction in and out of city. Furthermore these days service apartments are counted by thousand units and not hundred anymore
aurora97
post Oct 2 2018, 01:39 PM

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QUOTE(BEANCOUNTER @ Oct 2 2018, 01:34 PM)
As long as developer building residential units sch H applied and protected underr hda.
Just that rates and tarriff under commercial rate.

The extention of 36mths started when kl started to put lorry restriction in and out of city. Furthermore these days service apartments are counted by thousand units and not hundred anymore
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Items in bold, I don't quite agree, will provide sos later.

Item in yellow and bold, source?
BEANCOUNTER
post Oct 2 2018, 01:46 PM

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QUOTE(aurora97 @ Oct 2 2018, 01:39 PM)
Items in bold, I don't quite agree, will provide sos later.

Item in yellow and bold, source?
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Am not doing mba disseration here my friend. My mba days are truly over.

Just read n forget lah. Dun need to be so serious.

You can google lah. I read it somewhere. Where got so good memory remember every source materials?
A.B.D.
post Oct 2 2018, 02:02 PM

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QUOTE(aurora97 @ Oct 2 2018, 09:26 AM)
There is a difference. The article you posted, the developer apply to housing ministry to extend the VP date. Fortunately, the Court decided that the housing ministry did not have such power to amend the SPA.

However, what is happening here is... when a new buyer wants to buy a property, when you sign the SPA, they will give you a side letter amending your SPA.

Make sure you read what your signning.
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i believe housing spa must follow schedule for construction period.

is the side letter legal or to mislead buyers who have no legal knowledge. end of day the side letter could be rubbish even if signed.

i'm not saying i know exactly, but hoping for others to share if they know.
falcon212
post Nov 3 2018, 01:00 PM

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It seems the building to on halt? I passed by the highway everyday, didn't see much progress for the months? anyone know any info?
A.B.D.
post Nov 9 2018, 12:07 PM

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QUOTE(djvixx @ Dec 20 2017, 11:14 PM)
June 2019.
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8 months to go!

This post has been edited by A.B.D.: Nov 9 2018, 12:07 PM
Homesweet8789
post Nov 9 2018, 08:05 PM

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QUOTE(A.B.D. @ Nov 9 2018, 12:07 PM)
8 months to go!
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Doubt so , seems like no progresss .how they are going to complete on time ? Been delayed for so long
mangoproperty
post Nov 9 2018, 08:27 PM

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QUOTE(A.B.D. @ Nov 9 2018, 12:07 PM)
8 months to go!
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LAD ady? This project road can go to Jalan segambut ?
A.B.D.
post Nov 9 2018, 09:48 PM

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QUOTE(mangoproperty @ Nov 9 2018, 08:27 PM)
LAD ady? This project road can go to Jalan segambut ?
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in the kl city plan 2020, which was finally gazetted recently, there is supposed to be a link to/from jln segambut

so let's see what happens, will the developer comply or disregard the city plan. not sure if there are any consequences.

This post has been edited by A.B.D.: Nov 9 2018, 09:51 PM

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