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Investment KL TRADERS SQUARE | FLORA RESIDENCY (PHASE 2), Kuala Lumpur has a New Lifestyle Estate

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nereus
post Jul 5 2015, 05:33 PM

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Joined: Jul 2015
QUOTE(yhl84 @ Jun 24 2015, 11:29 PM)
hi 1st batch buyers, have u receive duplicated SnP copy from lawyer firm?
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received mine 2 weeks after signing snp
nereus
post Sep 15 2015, 08:50 PM

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Joined: Jul 2015
18 Aug- bank released stage 2A & request for refund of excess payment
15 Sep- received call from SA about my cheque is ready to collect

faster than my expectation
nereus
post Sep 26 2015, 07:41 PM

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under HDA , residential rate
nereus
post Jun 16 2017, 11:32 PM

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QUOTE(CherishYY @ Jun 7 2017, 10:50 AM)
Hi, I've recently booked a unit @ KL Traders Square only to realise that the property is in commercial title.  sad.gif  I've some queries I hope someone would be able to help me here.

a) I've saw that some says that the developer is trying to help us convert TNB back to residential rate. Can anyone confirm this? If developer fails, how is the success rate if we are to apply ourselves after handover of key?

b) As for the assessment rate, I've heard that:-

i) we can apply to convert our title back to residential to enjoy residential quit rent and assessment rate. Is this true and historically has people actually managed to convert their title?

ii) we can appeal the rate and has to attend hearings to change our rate. Is this true and if the appeal is sucessful does this mean we could enjoy residential rate or does the rate get revised in accordance to their justification? (which might be more than residential rate)

c) I've heard that for KL Trader's Square area the rate is 4% for residential and 7% for commercial, can someone confirm this?

d)Quit Rent seems to be not an issue since the amount is immaterial, i saw that residential is RM0.035/square feet but couldn't find the commercial rate. Anyone to advise?

Many Thanks in advance  notworthy.gif
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my sa told me it's residential rate

discussion

This post has been edited by nereus: Jun 16 2017, 11:32 PM

 

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