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 EcoSky, KL by EcoWorld, Retail : Office : Residence

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tengster
post Nov 15 2013, 05:15 PM

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QUOTE(tua lam pa @ Nov 15 2013, 05:06 PM)
i think TLP suit to me ...
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I don't believe it... Wanna meet up? tongue.gif

Kena Ada empat saksi...
tengster
post Nov 15 2013, 05:26 PM

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QUOTE(kochin @ Nov 15 2013, 05:24 PM)
i think ecosky thread is easily one of the thread that attracted many virgin post.
kekeke.
i just laughed myself silly in the office.
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Do you know why? Seriously, I still don't get it...
tengster
post Nov 16 2013, 08:53 AM

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QUOTE(Glcotan @ Nov 16 2013, 06:25 AM)
I thought mr chin pai sei got something written from ecoworld?
But no letterhead and signature
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Mr Chin letter got letter head but no signature. It read Computer generated, no signature required.
tengster
post Nov 16 2013, 07:26 PM

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QUOTE(Phoeni_142 @ Nov 16 2013, 07:11 PM)
Exactly.

That's why purchasers should insist on a letter from Ecoworld.  I don't think it should be based on "trust".

In the event the developer screws you and doesn't want to pay the DIBS, what recourse do you have? No Black and White also.  Plus the bank will also come and screw you, not the developer.

No matter how reputable a developer is, insist on a proper black & white.  Look at ParkCity or YTL.  All DIBS undertaking are provided by them via black & white.
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I agree and understand why so many buyers feel so PhaekChaek now... Damn stress hor. The issue here is APDL is not obtained yet. No developer will issue formal Letter of Offer to Purchase (OTP) at this stage. Hang on there. Have a pint and chill.

I have zero worries. If you didn't get the OTP stating the conditions you wish to see, then make an informed decision at that time. As of now, we are like rats chasing a tortoise hidden under the shell. Anjua hor....

No need to compare YTL and PC, the nearer species aka SP Setia also been practising giving OTP stating the T and C which includes DIBS. Once APDL is here, the light will appear... Heng boh?
tengster
post Nov 16 2013, 07:36 PM

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QUOTE(Calculator2013 @ Nov 16 2013, 07:32 PM)
What to do? Have to wait loh....notworthy.gif
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The least we could do is to expedite loan application process... Get several offers.

If burst DSR, find out why and solve it... There are many reasons for it....

One may ask, what EcoWorld been doing? Goyang kaki? No leh... Apart from trying to tease the market with block C, They tried twice to hook up buyers with bankers to smoothen the process...to minimise hiccups, to maintain communication between developer and buyers, and to open up their ear big big to listen...feedback, complaints, request and whatsoever type of cowpeh....

This post has been edited by tengster: Nov 16 2013, 07:37 PM
tengster
post Nov 16 2013, 09:58 PM

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QUOTE(ManutdGiggs @ Nov 16 2013, 09:55 PM)
I forgotten the kopi shop name. But its a endlot shop along the nam heong chicken rice shop row. Not bad. But to b honest, not s gd s last time la.
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Aren't they have a shop near Batu 3 a Jalan Ipoh near HSBC?
tengster
post Nov 17 2013, 03:06 PM

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QUOTE(Phoeni_142 @ Nov 17 2013, 02:29 AM)
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.
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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.

tengster
post Nov 17 2013, 08:29 PM

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QUOTE(Phoeni_142 @ Nov 17 2013, 07:50 PM)
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.
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Some banks didn't put the dibs clause but they referred their T&C to developer's letter of offer in which now this Document is not in existence yet.
tengster
post Nov 19 2013, 12:27 PM

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QUOTE(Calculator2013 @ Nov 19 2013, 11:37 AM)
Hopefully the incinerator project will be cancelled. smile.gif
News from Malaysiakini today.
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Read this, Calc...




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tengster
post Nov 19 2013, 10:53 PM

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QUOTE(xsaintx @ Nov 19 2013, 10:45 PM)
Can almost be certain that Eco sky no dibs.
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They gave statement liao?
tengster
post Nov 20 2013, 03:53 PM

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QUOTE(tat3179 @ Nov 20 2013, 02:04 PM)
Provided those floating now still wanna get onto the boat if the slot is available...

4 years woh...4 years you have to service loans man.... biggrin.gif
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Don't worry.....


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tengster
post Nov 20 2013, 04:52 PM

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QUOTE(schowin @ Nov 20 2013, 04:47 PM)
Bro, discount/rebate also kena. New rules force the developers back to the ground zero. No more gimmick. That kill the creativity of the marketing!
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Oppsss.... Wrong image.



Okie... Let me say something. I don't know what they will do. I won't speculate much as there are many loose parameters along the journey...in fact since Budget Day....But I will choose to hang on there. As of now, pieces and loose pieces of puzzles are thrown into the board game. Let them see through it and revert with something.

For my part, I checked my bank LO, no mention of DIBS. Damn PhaekChaek too. I will surely get to the bottom of this with my bankers.


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tengster
post Nov 20 2013, 05:47 PM

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QUOTE(ecin @ Nov 20 2013, 05:34 PM)
even the "repay the interest on yearly basis" is a violation
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Yup... THAT is correct.... A total ban....
tengster
post Nov 20 2013, 05:50 PM

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QUOTE(StefanieHo @ Nov 20 2013, 05:42 PM)
oh..  rclxub.gif
tat means my colleague needs to be careful?

i'm just read the article from facebook.. is it related?

https://www.facebook.com/photo.php?fbid=604...&type=1&theater
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This FB article brought up yesterday announcement in which MOF is based on nett price, and not SPA price. That is why the G wants all developer to come clean on rebates, discount, dibs, diss, dish, fully furnish, semi furnish, and whatsoever package in full details....
tengster
post Nov 20 2013, 06:44 PM

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QUOTE(kochin @ Nov 20 2013, 06:35 PM)
To quote further, let us illustrate an example and see how the price is going to be actually represented for spa or bankers or whatever.

Eg.
Unit price rm500k
'Free' car park worth rm30k
'Freebies' such as kitchen cabinets, air cond, heater, etc rm60k
'Free' spa, legal fees, stamp duty circa rm20k
Dibs circa rm25k
'Free' maintenance fees upon vp circa rm3k

How do you interpret the price now?
From my limited understanding, bank should consider only the essential product, thus % of only the unit and car park.
All others should not be considered.
Hence buyer who are eligible for 90% loan margin could potentially be looking at upfront payment of rm53k+rm60k+rm20k+rm3k=rm136k. The dibs rm25k is now effectively eliminated.

Of course the above are merely my personal interpretation. I could obviously be dead wrong!  sweat.gif
But I am hoping it's true! thumbup.gif

That is for loan.
For spa, it doesn't matter. You can put whatever price you like. You can put something similar to above since spa is merely a sales and purchase agreement between the buyer and seller.
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I hope you are right.... nod.gif it does make sense.
tengster
post Nov 21 2013, 01:07 PM

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QUOTE(KLsooner @ Nov 21 2013, 09:50 AM)
Tiger bank LO shows DIBS, prior to Nov 15 announcement. I am not sure the LO still valid now.
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My LO dated 25 Oct. Banker is amending mine to reflect Dibs.
tengster
post Nov 21 2013, 03:54 PM

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QUOTE(ck_boon @ Nov 21 2013, 03:45 PM)
hi, due to the malaysia largest tempat pembakar sampah terletak di situ, is it still worth to invest in eco world at jalan ipoh?
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See below.


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tengster
post Nov 21 2013, 05:38 PM

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QUOTE(ck_boon @ Nov 21 2013, 05:26 PM)
i reading reading, didt follow thread mah...
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You must be seeing too often of your avatar....

Ho ho Supergirl....
tengster
post Nov 22 2013, 07:04 PM

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QUOTE(kochin @ Nov 22 2013, 05:21 PM)
As expected. wink.gif
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KochinKor.... Don't so Tuhlang first...I buy you warm chrysanthemum drink while chit chatting about opportunities. Hou mouh?
tengster
post Nov 22 2013, 09:15 PM

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QUOTE(kochin @ Nov 22 2013, 09:14 PM)
Kuk fah? I prefer milk or Kwai Lou leong char. Ok mou? drool.gif
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I don't have milk let... Yoghurt can?

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