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Investment SETIA ECOHILL (Version 3), Inspiring Eco Township in Semenyih

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divingfaces
post Oct 24 2013, 02:50 PM

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Huh? I wonder what's going to happen to that sliver of land between SEH and EG. Hopefully forest reserve, hehe.

QUOTE(cheryee @ Oct 24 2013, 02:42 PM)
Rabel kor,

If my memory serve me right, the empty land in between SEH and EG = compulsorily acquired under the Land Acquisition Act, 1960.
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divingfaces
post Oct 25 2013, 03:15 PM

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No details revealed at MAPEX at Mid-V. I'd assume EcoGarden will be much more tasteful than Country Garden.

QUOTE(vislai @ Oct 25 2013, 02:57 PM)
Is EcoWorld reveal their master plan for Project EcoGarden at Semenyih? Would nice to know more details.  rclxms.gif
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divingfaces
post Oct 25 2013, 03:19 PM

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Hehe, the whole lot of them working at MAPEX seemed dazed, prolly cos the exhibition just opened. Not many visitors. Strange.

QUOTE(cooleq @ Oct 25 2013, 03:17 PM)
But maybe you can use your seducing power to ask leng lui to reveal Eco Garden.. icon_idea.gif
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divingfaces
post Oct 25 2013, 03:30 PM

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Me too!

I just don't get the whole Spanish design thing. Am I wrong to think of those awful fake replicas that fill an entire city in China when I think of CG Diamond City?

QUOTE(cheryee @ Oct 25 2013, 03:28 PM)
I of course vote for EG!  rclxms.gif  rclxms.gif  rclxms.gif
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This post has been edited by divingfaces: Oct 25 2013, 03:33 PM
divingfaces
post Oct 25 2013, 03:31 PM

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I went through the whole thing v quickly. I saw the main projects of SPS, including EcoHill. Saw a few ppl asking if there are still units available, who were then told all sold out. Not v eventful for me the visit.

QUOTE(doomdoom @ Oct 25 2013, 03:28 PM)
sp setia and ecoworld got booth at mid valley? what they show? eco hill and eco garden?
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divingfaces
post Oct 25 2013, 07:04 PM

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The no-DIBS rule won't affect those of us who have booked SEH??

QUOTE(Rabel @ Oct 25 2013, 06:19 PM)
Yup, won't be affected. Anyway, very interested the new launching price and rebate after no more DIBS.
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divingfaces
post Oct 26 2013, 10:44 AM

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I pray you're right!



QUOTE(cheryee @ Oct 26 2013, 10:42 AM)
I signed LO de and LO stated DIBS ... so unless the bank revokes my LO, if not, it's DIBS! Anyway, my LO is dated b4 25/10, so legally speaking, NON DIBS regulation cannot have retrospective effect on my LO!  rclxm9.gif  rclxm9.gif  rclxm9.gif
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divingfaces
post Oct 26 2013, 11:00 AM

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For any developer to offer DIBS, must they get first get approval from some authority? If yes, then by right SEH should continue to offer DIBS. Panel banks should be able to go on with it too.

QUOTE(c_square @ Oct 26 2013, 10:57 AM)
cry.gif  cry.gif
im waiting for hsbc to come out with the LO, banker told me pending on the developer's code, so theoretically will definitely be after 25/10 lo... meaning to say that we have chance to exclude from DIBS?
cry.gif  cry.gif
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divingfaces
post Oct 26 2013, 11:12 AM

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Just called SEH. The person I spoke to said the management is still seeking out details of effective dates etc. She said not to worry, if DIBS cancelled, the management will come up with some scheme to assist (presumably we pay interest first, then claim back). Also, something to worry about, apparently the selling prices of SEH have been submitted to authorities for approval, and approval is still pending. She also said the announced selling prices are unlikely to change, DIBS or no DIBS. She said please give them some time to chase the details. We should know for sure some time next week.



QUOTE(doomdoom @ Oct 26 2013, 11:02 AM)
we all are just assume got or not got DIBS at here..how about drop a call to sp setia, will be faster...
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divingfaces
post Oct 26 2013, 11:23 AM

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If this phase of SEH is with DIBS, what will the prices be like for next phase of SEH? Lower than our DIBS prices, potentially?!

QUOTE(c_square @ Oct 26 2013, 11:19 AM)
rclxm9.gif  rclxm9.gif  rclxm9.gif
icon_idea.gif  icon_idea.gif  icon_idea.gif
good to hear this...
  thumbup.gif  thumbup.gif  thumbup.gif
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divingfaces
post Oct 26 2013, 04:40 PM

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Umm, what Letter of Offer is this? When do we get it? All we have now is Booking confirmation.

QUOTE(akh731 @ Oct 26 2013, 04:12 PM)
as per setia alam, snp will not stated dibs term. snp is standard document and legal.
this is only stated in the letter offer from developer.
sp setia always ask the lawyer and banker not to stamp the loan agreement until fully vp and drawn down.
mean sp setia will seperate arrangement with banker..

the stamp of loan agreement/facilitie agreement is when you take the key.

my 1sen opinion is

the important thing get the letter of offer from sp setia. if no such document there is no legal binding.

sp setia is very smart leh, selling price not yet approved already pre booking.

ha ha ha pnb is loughing go into the bank.
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divingfaces
post Oct 28 2013, 10:56 AM

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Anyone with any updates from Setia re. SEH's move re. DIBS? Booking price remains the same? Rebates? Or DIBS still on? It looks like everything (loan agreement, S&P signing, etc.) will be delayed. Hmmm

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