Frankly, this whole practice of "c*ckteasing" the whole market before the issuance of APDL is just plain wrong.  And many parties are to blame too.  Banks may close a blind eye for instance, by approving loan applications.

Let me be blunt. Our TSLKS's son's reputation is at stake if they screw us over. I think the likelihood of them withdrawing halfway in terms of DIBS is extremely low.  However, I maintain my stance that it's about the principles that should be adhered to. 

The fact that one has the option to withdraw due to the OTP is a separate issue altogether.  Of course, we are "safe" and can withdraw if we want to.  But, by saying nothing and doing nothing, we are indirectly endorsing or encouraging an unethical practice....in fact, we are "normalizing" it.

SPS at least put DIBS in their OTP clause.  Let's make a friendly wager shall we? My "insights" tell me that even if APDL is obtained tomorrow, the DIBS clause will not be found anywhere. 

U seem like a very connected person.  Why not go ahead and verify? Of course, if you are "comfortable", it's entirely your decision.

I know you are a sincere buyer. But as of now, without APDL, nothing more than what is deemed adequate or soothing enough is forthcoming from them. It may sound worrying for purchasers, don't you think they ought to be even more worry than us after investing RM100+ million on land! million on staff and Marketing. I am just a normal purchaser who asked more. Nothing like connected as you claimed. I have posted whatever I knew so far.

I hope your 'insight' will not be reality, and things turn out better in time to come. Then everyone is happy.

When I said, let's then make informed decision after seeing the OTP with those relevant T&C, it means at that time, we should reverify the fact against the promotional package. At that time, we should make everything crystal clear prior to signing on dotted line.

What we can do now? Apply your loan and get it done. Mine is approved. No mention of DIBS mentioned in the LO but banker confirmed it's offered.

I know you are a sincere buyer. But as of now, without APDL, nothing more than what is deemed adequate or soothing enough is forthcoming from them. It may sound worrying for purchasers, don't you think they ought to be even more worry than us after investing RM100+ million on land! million on staff and Marketing. I am just a normal purchaser who asked more. Nothing like connected as you claimed. I have posted whatever I knew so far.

I hope your 'insight' will not be reality, and things turn out better in time to come. Then everyone is happy.

When I said, let's then make informed decision after seeing the OTP with those relevant T&C, it means at that time, we should reverify the fact against the promotional package. At that time, we should make everything crystal clear prior to signing on dotted line.

What we can do now? Apply your loan and get it done. Mine is approved. No mention of DIBS mentioned in the LO but banker confirmed it's offered.

With respect,  whether I'm a sincere buyer or a pure speculator, I believe in basic ethics and the necessities of a comprehensive contract.

There will be no more clauses from the  developer. Trust me on that. Unless, informed buyers such as yourself make a stand and insist on it later on. Then maybe the developer will be pressured to add the clause.

By the way,  black and white extends to the banks too. Both my LO's have dibs clauses in them. You may want to enquire why yours isn't reflected. Nevertheless, I know some banks don't put it in. That's why I don't do business with them.

So after all the discussion, got DIBS or not?

quoted

Hopefully the incinerator project will be cancelled.
News from Malaysiakini today.

Read this, Calc...

Read this, Calc...

Can almost be certain that Eco sky no dibs.

They gave statement liao?

Info from insider.

Can almost be certain that Eco sky no dibs.

I believe all purchasers would hv received a generic letter from Ecoworld on DiBS earlier this week. They are making arrangement for purchasers to meet panel financiers to apply for loan win DIbS. They also mentioned that for purchasers who have gotten the letter of offer from the banks, a copy must be given to Eco world. Looks like the developer is washing their hands by saying, we will honour our words giving DIBS if purchasers manage to get loan with DIbS from panel bankers. If you cannot, sorry, it is not developer's fault. OR DIbS is still available for this project else what the hell they ask us to met bankers again? Any thoughts?

I believe all purchasers would hv received a generic letter from Ecoworld on DiBS earlier this week. They are making arrangement for purchasers to meet panel financiers to apply for loan win DIbS. They also mentioned that for purchasers who have gotten the letter of offer from the banks, a copy must be given to Eco world. Looks like the developer is washing their hands by saying, we will honour our words giving DIBS if purchasers manage to get loan with DIbS from panel bankers. If you cannot, sorry, it is not developer's fault. OR DIbS is still available for this project else what the hell they ask us to met bankers again? Any thoughts?