Could also be based on the banks' risk appetite; they dont want to incur the wrath of BNM. PBB is known well for their conservatism.

IS this confirmed? Knowing SPS - cud get away with this - but, interesting development - may have dropouts if DIBS ruling kick in.

Bro Skyvi, looking at your financial position, I would say either way seems fine to you - considering the uncertainty, which I think wont effect the buyers - should some get DIBS and some dont - there will chaos, so, they will standardise, either got DIBS or non DIBS; then again, depends on how they wanna play it out.

In your case - settling the loan requires cash - which you do have and then going for 90% subject to the uncertainty but you can still manage the interest payment if DIBS is removed - or going for 70%, you can use the cash you have now to top up the DP and then go with DIBS since its stated in your LO - nevertheless, since you have the cash; take the easy way out - just go with 70% and see if DIBS or non DIBS unless you have other concerns.

Oh okay - then, can be taken seriously - lets see how it goes la.

If non DIBS - they will issue supplementary LO to sign - then just attach to loan agreement.

Bro Doom2,

Exactly my thoughts too; if effective immediately and impact current project, regardless of how many % the project is at - the DIBS stops - huge chaos - and complicates the process. Dont know la, my sources also say SEH not impacted by DIBS ruling. HSBC, OCBC and Alliance all continue.

In the end; yes, SPS (Developer) string pulling with BNM lo. Considering this, I too believe SPS will be able to make the DIBS work, at least for Phase 1.
They will try to avoid all this messy dealings.

Hello LowYatners,

I am back after a long holiday - catching up on what I missed during the weekend. Have fun!

Apa itu Kwasa?

Oh okay! Sounds like a great location with great potential? Any idea on what are the types of residential to be developed?
Guessing will be mostly high rise with some premium landed.

Great.

I also waiting for this - cuz my LO from HSBC pending due to AP and DL.
Hopefully they iron this out soon - and the RM20k cheque not deposited yet - I think they waiting to sign S&P then terus deposit both.

Hi CY.
Thanks. Diwali was awesome - had fun - just having blues today - but cannot snake since we have now moved to KL Sentral.
Anyways, good to be back.

Lol, I am no TK of SEH - just TK of snaking on LYN.
Shall expect the thread to cool off after SPA signing - only casual updates on the progress.

The thread has indeed cooled off.
Anyways, Happy Morning peeps.

Bro Sam,
This is for DSL only. Semi - D SPA is in 3rd week of Nov. So, they will bank in only next week.

Bro Sam,
This is for DSL only. Semi - D SPA is in 3rd week of Nov. So, they will bank in only next week.

CY,
Just checked my booking form - my solicitor is Halizah Halim & Kim.

Neighbours, anyone having same solicitor as theirs?

Hi Bro Vislai,

Hmm, looks like they are not having that good of a customer service. Share with me your experience, when you have one - I am however, waiting for my HSBC LO since HSBC is still waiting for DL and AP to issue LO - i am going with HSBC since CIMB didnt offer that much of a better rate.

Morning neighbours.
Just got news from HSBC that DL has been obtained and AP is being obtained in phases. Semi D will be out soon apparently. Anyone can verify this?