Thanks.

That is why need to sign the DMC contract. To appoint DMC to take care.

Thanks!

In a Plavia with next door Plavia also under that pretty girl.

Pretty girl may not be trouble but trouble have a way of finding pretty girls which means guys always like to find trouble.

Hahaha, yes yes, everyone here loves SEH - some to the extent of keeping it.

Good observation. Also, to add, with now DIBS being removed which is approx. RM50K for the period of under-con, they will somewhat have to balance the price with P1. Perhaps, the one similar to Aquatilis range will be priced higher. However, the DIBS removal could be compensated with better materials or rebates that will only be given upon SPA signing or Unit Selection. Just gotta wait to find out.

Look at Stagnia / Aravia pricing to devise P2 price; even at launch of P1, these house were already at the very least 5% higher. However, now that DIBS is removed, it may be balanced in other ways. Follow this forum to get info on timely basis. One of the most reliable forum since TKC CY is here.

Cool! Thanks man. So, does this mean we will not have the option to pull in additional wiring? Since all the points will be allocated as per in the SPA schedule?
Have to go wireless lo like this.

Will have street lamps - but standalone pole lamps not the ones linked by long wires as all wires run underground.
This is a huge investment because the quality and grade of wiring used have to withstand years of humidity unlike those that can be seen as they will be less durable in comparison to underground cables.
I.e.: Usually, the armoured cable that is used for Autogate is one of the most expensive in a house wiring since it will run underground, but due to the short length, we wont feel the pinch.

Bro,

Phase 1 was launched in October 2013 - 428 units of Link Houses and 300 units of SD & Bungalows; of which, 200 & 100 waiting list registrants were gathered for Link House and SD/Bungalows respectively. All units were fully taken up within 4 hours of launch including the waiting list registrants. Hence, chances of getting one through the waiting list is very thin. However, to my understanding, there are some SD/Bungalows still available - you need to visit the Welcome Centre at Setia Eco Hill to find out further.

Phase 2 launch is now tentatively expect after CNY 2014. Should have registered on the website, your chance of finding out is as good as us. However, in the forum we have some additional insider info on the pricing and specs. Just follow the thread patiently for at least 1/2 year like all of us P1 buyers did to eventually find out the details.

Cheers and have a good day.

Bro Sam,

I was just speculating but considering the number of houses in SEH, having a Starbucks / Burger King / Nandos wouldnt hurt.

Bro Sam, LA is based on the LO, when you sign LO, 1 month from there LA should be ready. So, sign LO earlier means LA could be on time. SLA is 1 Month, but can be earlier.

Morning Neighbours.
Midweek buzz.

Yes Bro Treehill,

Once loan is approved - usually, you have a grace period of 21 days from the day you book to loan obtaining and SPA signing - however since SEH was still sorting out the SPA signing date, we had more than 21 days to settle the loan bit. Upon getting the LO, you need to bring a copy of the LO during SPA signing and pay the remaining sum of the 10% (excluding booking fee). Should you be paying through EPF Account 2, then bring the latest EPF statement and SEH will deduct the difference and you pay the balance.

I know Banks have changed the DIBS to DISP (Developer Interest Servicing Package). However, I am sure that the intention of our PM was to abolish the interest being borne by developer scheme, and regardless whatever name they come up with, banks will be fined and developer will be sanctioned should they divulge into such schemes. Hence, i expect no DIBS / DISS / DISP / DIAS moving forward for all projects.

As most of you are aware that I am a Risk Manager with a local bank - this post relates to the 2013 Risk Management Summit that is being held annually since its inception in 2011. Sharing an update from another risk manager that attended the conference with some inputs from my end.

"Been going to the Risk Management Conference every year since its inception in 2011. Somber mood the latest one was. Most agreed that the Big One is coming. The next one will make Asian Financial Crisis (AFC)'98 look like a mild event. And, the next Big One will certainly hit our shores, unlike the Global Financial Crisis (GFC)'07. Sovereign debt crisis, household debt crisis & loose / ineffective regulations will spearhead the impending crisis. When? As early as 2015.

Bank Negara Malaysia (BNM) is too slow to contain the bulging household debt. Keep on saying that it is manageable but the size of it is as big as the entire GDP of Pakistan.
Note: Some statistics, Malaysia household debt (debt accumulated by normal public) stands at 85% of total Malaysia GDP in 2012 vs 50% in 1998. This indicates that the household is run on debt as only 15% free spending remains. (This is bad stats). This may be debated but in comparison to developed countries, we are just servicing too much debt vs income.

Government of Malaysia (GOM) is too accomodative of asset speculation, particularly residential properties. DIBS is only abolished in 2013 when Singapore had abolished it in 2009. The new RPGT is not detrimental (or severe) to contain the speculation.

And, for 15 consecutive year, the budget is in Red (deficit = overspending than what we have and we have budgeted), with no indication of bringing it to surplus. At current rate, even reducing it, is highly doubtful as evidenced by the latest budget - all the free handouts and unnecessary spending remains intact.

There you go - we have all the ingredients right infront of us and in place.

The asset bubble is gonna burst. Perhaps, it is a good time to sell your "investment" assets (read: speculative property asset) now and enter the market when the bubble burst. Pay off your debts or reduce it as much as you can. Long cash is the strategy. Defer your major purchases. Just ensure that, you have a chair when the music stops or don't be the one holding the baby when the party stops.

To most people, risk managers are not a cheerful lot. But, even at my own standards as a risk manager, these people looked gloomy"

Just sharing neighbours.

In many ways, there should be some value add to your purchase in comparison to the other launches due to the premium. Do not bother much with it; soon you would receive the SMS and we will be on our way.

Highly unlikely, there isnt plot reserved for Linked SD, right? The remaining ones are pure SD and Bungalows.
Looking at the location in the masterplan, this will be premium ones such as Merrum, Stagnia, Aravia, so, pricing can be safely assumed as to be close or more than RM1m.