No penalty.. Basically u loose everything. More worst than a penalty..

So u use pot dated cheque Oso? Since it's so risky, I feel like changing to credit card installment de.

I also used the post dated cheques method.. But the terms, really scary.. But for post dated cheque method, u can stretch the installment up to 24 months.. Can have more cash flow in hand..

I called the uoa property gallery now. The lady say if the cheque is bounced she will inform us to replace another one. The clause is just to secure her company only.

Mind sharing who did u speak to ? From developer side or lawyer ?

From developer, +603 2282 9993

You called UOA as well?

Planning to have a chat with them. Will call them up tomorrow. Btw,there is a clause saying not allowed to rent out to foreign students. Were u guys briefed on this by the lawyer's rep?

Yes. Was a bit surprise as the lawyer highlight this to us. But I still feel ok, normally the tenancy agreement will not specify the tenant is student or not one ma... I think this clause is good for owner also, as sometimes some owner may rent to those trouble foreigner student (you know which group I meant)... Anyway, the lawyer said foreign worker is fine..

I think is ok becoz i am buying for own stay...how about others? mostly for investment?

Foreign workers? Hmmm, make no difference gua. But better than none. Did u all know any other important info? My lawyer so young and seems like not much experience. Didn't brief us much... I saw the gst clause as well, but lawyer said normally residential won't kena gst... I wonder how bout the construction service and material...

thats why i love UOA, its highlighted in most of their other property SNP; 99% of African are using student permit to stay in malaysia... so our property value are secured with this house rules.....

If I remember correctly, there is another clause whereby limiting the number of occupants in a unit. Maximum of 6(not too sure the exact figure for an 948sft unit) excluding children. Though I'm not too sure on how they plan on implementing this.

Ya, how do they ensure that we are waived? Coz the lawyer said commercial shop kena GST

Yes, this one also mentioned. But they did not finalise the number yet. Just said about 6 person per unit.

This really hard to control the people staying in the unit la... May be maximum allow 6 access cards which is very sufficient for an unit...

Residential unit for rental is waive for GST ma... Shoplot sure kena lor... Don't worry too much for this...

So nice this project allow post dated cheque.. SouthBank not offer such.

they are just protecting themselves in case govn change mind to charge residential for GST..

How is it for Southbank? Have to pay the 10% on the spot during signing SPA?

Same just no offer post dated cheque method and no RM5000 additional discount

How much RMpsf u guys bought for this project after all sort of discount? RM500psf?

This post has been edited by feizaiII: Jul 7 2014, 01:05 PM

need to issue 24 cheques to them straight away..i ask my lawyer help me to write, so i just sign the cheques. haha