QUOTE(eugeniechua @ Jul 16 2018, 08:53 PM)
Please PM me your mobile number.Investment TWY DUPLEX CONDOS @ MONT'KIARA, Everything is Double. By Symphony Life.
Investment TWY DUPLEX CONDOS @ MONT'KIARA, Everything is Double. By Symphony Life.
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Jul 27 2018, 08:36 PM
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Senior Member
3,790 posts Joined: Aug 2007 |
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Sep 14 2018, 02:22 PM
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1,039 posts Joined: Jun 2017 |
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Sep 14 2018, 02:38 PM
Show posts by this member only | IPv6 | Post
#503
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Senior Member
1,845 posts Joined: Sep 2015 |
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Sep 14 2018, 03:14 PM
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Senior Member
1,132 posts Joined: Jun 2015 |
QUOTE(pinkdm @ Sep 14 2018, 02:22 PM) Hi, i always worry abt joining any so called "Owner Group" as:- niamakahai, can someone or owner report to authorities? MCMC?a) how do i verify the administrator is also a owner ?! b) don't want to endup on the list as shown below ?! what kind of fuk is this, publicly sell info? |
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Sep 14 2018, 04:34 PM
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Senior Member
3,790 posts Joined: Aug 2007 |
QUOTE(pinkdm @ Sep 14 2018, 02:22 PM) Hi, i always worry abt joining any so called "Owner Group" as:- 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.a) how do i verify the administrator is also a owner ?! b) don't want to endup on the list as shown below ?! 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 |
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Oct 1 2018, 06:01 PM
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Senior Member
797 posts Joined: Oct 2015 |
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. When is the intended 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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Oct 2 2018, 09:18 AM
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3,790 posts Joined: Aug 2007 |
QUOTE(mangoproperty @ Oct 1 2018, 06:01 PM) 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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Oct 2 2018, 09:21 AM
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2,365 posts Joined: Aug 2008 |
QUOTE(aurora97 @ Oct 2 2018, 09:18 AM) Memory kind of fugly on this but do read your SPA. is the 54 months extension legal?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. https://www.thestar.com.my/news/nation/2017...ys-of-projects/ |
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Oct 2 2018, 09:26 AM
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Senior Member
3,790 posts Joined: Aug 2007 |
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 |
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Oct 2 2018, 12:16 PM
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All Stars
20,146 posts Joined: May 2011 |
QUOTE(aurora97 @ Oct 2 2018, 09:18 AM) Memory kind of fugly on this but do read your SPA. the 'typical' ones are for residential land.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. not sure if this is commercial land. |
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Oct 2 2018, 01:02 PM
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Senior Member
3,790 posts Joined: Aug 2007 |
QUOTE(BEANCOUNTER @ Oct 2 2018, 12:16 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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Oct 2 2018, 01:34 PM
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All Stars
20,146 posts Joined: May 2011 |
QUOTE(aurora97 @ Oct 2 2018, 01:02 PM) Oh yeah, if i recall correctly, TWY is situated on a commercial land. As long as developer building residential units sch H applied and protected underr hda.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.... 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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Oct 2 2018, 01:39 PM
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Senior Member
3,790 posts Joined: Aug 2007 |
QUOTE(BEANCOUNTER @ Oct 2 2018, 01:34 PM) As long as developer building residential units sch H applied and protected underr hda. Items in bold, I don't quite agree, will provide sos later.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 Item in yellow and bold, source? |
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Oct 2 2018, 01:46 PM
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All Stars
20,146 posts Joined: May 2011 |
QUOTE(aurora97 @ Oct 2 2018, 01:39 PM) 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? |
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Oct 2 2018, 02:02 PM
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Senior Member
2,365 posts Joined: Aug 2008 |
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. i believe housing spa must follow schedule for construction period.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. 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. |
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Nov 3 2018, 01:00 PM
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Junior Member
29 posts Joined: Nov 2010 |
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?
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Nov 9 2018, 12:07 PM
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2,365 posts Joined: Aug 2008 |
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Nov 9 2018, 08:05 PM
Show posts by this member only | IPv6 | Post
#518
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351 posts Joined: Feb 2015 |
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Nov 9 2018, 08:27 PM
Show posts by this member only | IPv6 | Post
#519
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797 posts Joined: Oct 2015 |
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Nov 9 2018, 09:48 PM
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2,365 posts Joined: Aug 2008 |
QUOTE(mangoproperty @ Nov 9 2018, 08:27 PM) in the kl city plan 2020, which was finally gazetted recently, there is supposed to be a link to/from jln segambutso 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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