QUOTE(laststory @ Oct 26 2013, 05:47 PM)
this project with dibs and its has been approved before the budget 2014 so therefore its with DIBS lor .For upcoming project all dibs will be abolished
EcoSky, KL by EcoWorld, Retail : Office : Residence
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Oct 27 2013, 01:04 AM
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271 posts Joined: Aug 2013 |
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Oct 27 2013, 07:29 AM
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All Stars
10,319 posts Joined: Dec 2009 From: Malaysia |
QUOTE(FortuneClub @ Oct 27 2013, 01:04 AM) this project with dibs and its has been approved before the budget 2014 so therefore its with DIBS lor . What approval?For upcoming project all dibs will be abolished This project has yet to obtain apdl. Heck it still even got its development order by dbkl yet. Technically this project has yet to be approved. |
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Oct 27 2013, 08:15 AM
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2,470 posts Joined: Oct 2010 |
QUOTE(kochin @ Oct 27 2013, 07:29 AM) What approval? Kochin, Is it normal for developers to do a prelaunch first and then get the necessary approvals later? If there's no approval, can they advertise? This project has yet to obtain apdl. Heck it still even got its development order by dbkl yet. Technically this project has yet to be approved. Any idea if Fennel has DIBS and if they are in same situation? |
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Oct 27 2013, 09:11 AM
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294 posts Joined: Jun 2013 |
the key regulatory approval is APDL, if developer has not received yet ie. Ecosky, they cannot sell but you can offer to buy but the deposits are held by lawyer under trust. Typically if you cancel your booking, there is no charge or minimal admin fee.
In the case of fennel, they launch after they got APDL, hence they would have locked in the dibs. And they charge 3k for cancellation. That's why some investors book few units before APdL, then decide later which unit to keep and cancel others coz no penalty and you have luxury of time to decide. |
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Oct 27 2013, 09:17 AM
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All Stars
10,722 posts Joined: Nov 2011 |
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Oct 27 2013, 09:36 AM
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3,334 posts Joined: Mar 2011 |
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Oct 28 2013, 10:32 AM
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All Stars
10,319 posts Joined: Dec 2009 From: Malaysia |
hello eco world!!!
can help to clarify this few pointers or not? 1. dibs on or off? if off, any revision to pricing? 2. any plans to speed up or delay launch of tower calista? 3. any other updates? arigato! |
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Oct 28 2013, 12:07 PM
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18 posts Joined: Oct 2013 |
Just checked with Ecoworld, the DIBS for EcoSky remains status quo, as expected.
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Oct 28 2013, 01:38 PM
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713 posts Joined: Jun 2006 From: Kuala Lumpur. Malaysia |
Then for tower C , no more DIBS lo.
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Oct 28 2013, 02:58 PM
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490 posts Joined: Jan 2011 |
QUOTE(jore @ Oct 28 2013, 12:07 PM) Pls tell me who did u talk to in Ecoworld? Status quo as expected? Though I pray that it is true but I don't think the banks dare to go against Bank Negara. If I am not wrong, developers need not get any approval for DIBS from anyone. It is an arrangement they have with the banks who want to work with them. So instruction has now been issued,you think banks will still do it and risking to be reprimanded? BNM will be watching them like a hawk. Existing projects which have been launched, maybe as the banks can say that they have already issued LObut in the case of Ecosky, developer has not even obtained permit to sell. If they have not started selling, where do the buyers come from, technically speaking? If no buyers, where got loan application? Ecoworld has never officially committed to giving DIBS. Even the price is just indicative because no approval is obtained yet. I really doubt they can give DIBS when we sign S&P end of the year. I sincerely hope that there is miracle. I believe they will give discount in lieu of DIBS. All the best! |
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Oct 28 2013, 03:10 PM
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491 posts Joined: Oct 2013 |
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Oct 28 2013, 03:12 PM
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149 posts Joined: Aug 2010 |
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Oct 28 2013, 03:12 PM
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149 posts Joined: Aug 2010 |
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Oct 28 2013, 03:14 PM
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491 posts Joined: Oct 2013 |
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Oct 28 2013, 05:17 PM
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76 posts Joined: Feb 2011 |
i have one unit about 11++ sqft facing the pool to let go. let me know if anyone interested.
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Oct 28 2013, 05:21 PM
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4,973 posts Joined: Dec 2010 |
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Oct 28 2013, 05:23 PM
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5,612 posts Joined: Jan 2009 |
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Oct 28 2013, 05:23 PM
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292 posts Joined: Sep 2013 |
hard to flip now after rpgt revised now.
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Oct 28 2013, 05:24 PM
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76 posts Joined: Feb 2011 |
got dibs, as at now. even if there is not dibs, they will give discount as the pricing has already factor in DIBS. as per their staff.
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Oct 28 2013, 05:24 PM
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5,612 posts Joined: Jan 2009 |
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