Investment SETIA ECOHILL (Version 4), Inspiring Eco Township in Semenyih
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 Oct 30 2013, 08:57 AM
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Senior Member
4,973 posts Joined: Dec 2010 
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QUOTE(samkps @ Oct 30 2013, 07:18 AM) So bro doomdoom, you have signed yours as well? ya signed oledy...   the bankers remind me 3 times say that if SP Setia complete ahead schedule less than 2 years and can deliver the key, then they will stop DIBS upon deliver the key eventhough less than 2 years... seems like the banker has some insider news from sp setia that this project will complete ahead schedule...  |
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Oct 30 2013, 08:59 AM
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Senior Member
1,924 posts Joined: Jan 2011
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QUOTE(doomdoom @ Oct 30 2013, 08:57 AM) ya signed oledy... the bankers remind me 3 times say that if SP Setia complete ahead schedule less than 2 years and can deliver the key, then they will stop DIBS upon deliver the key eventhough less than 2 years... seems like the banker has some insider news from sp setia that this project will complete ahead schedule...  i want late delivery compensation na... figured out it is 7k per day for me... |
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Oct 30 2013, 09:00 AM
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Junior Member
257 posts Joined: Jan 2003 From: Puchong 
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QUOTE(doomdoom @ Oct 30 2013, 08:57 AM) ya signed oledy... I think SPS will give full force for this SEH and done in 18-21 months instead of 2 years. So that can start with SEH2. But I really hope the quality also can be top priority... the bankers remind me 3 times say that if SP Setia complete ahead schedule less than 2 years and can deliver the key, then they will stop DIBS upon deliver the key eventhough less than 2 years... seems like the banker has some insider news from sp setia that this project will complete ahead schedule... |
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Oct 30 2013, 09:14 AM
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Senior Member
784 posts Joined: Jun 2013
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QUOTE(robert82 @ Oct 30 2013, 08:59 AM) i want late delivery compensation na... figured out it is 7k per day for me...you are the taikor here |
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Oct 30 2013, 09:20 AM
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Junior Member
34 posts Joined: Nov 2010
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QUOTE(darween13 @ Oct 29 2013, 08:13 PM) Hi, Ic. Apart from monlis being brought forward to ph 1, what are d rest being brought forward as well. Appreciate.Monlis is scheduled for Phase 2. But brought forward to Phase 1. Thanks. |
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Oct 30 2013, 09:26 AM
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Senior Member
4,973 posts Joined: Dec 2010
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QUOTE(kennyukm @ Oct 30 2013, 09:00 AM) I think SPS will give full force for this SEH and done in 18-21 months instead of 2 years. So that can start with SEH2. But I really hope the quality also can be top priority... it'realy on full force...the phase 1 construction is already started eventhough we all not sign snp....the power for the strong developer...i also wish sp setia not need handover too fast la, late is good, can claim LAD....haha... |
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Oct 30 2013, 09:36 AM
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Senior Member
1,370 posts Joined: Feb 2011
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QUOTE(doomdoom @ Oct 30 2013, 09:26 AM) it'realy on full force...the phase 1 construction is already started eventhough we all not sign snp....the power for the strong developer... Want to claim LAD from developer ah? i also wish sp setia not need handover too fast la, late is good, can claim LAD....haha... Go buy the first launching of Serene Heights @ Bangi from UEM-Sunrise. I remember the SA from East Ledang told me that the first batch of customers who bought first phase of East Ledang got claimed LAD from UEMLand because of late handover. |
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Oct 30 2013, 09:53 AM
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Senior Member
10,387 posts Joined: Dec 2011
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QUOTE(doomdoom @ Oct 30 2013, 08:57 AM) ya signed oledy... Its true boss. the bankers remind me 3 times say that if SP Setia complete ahead schedule less than 2 years and can deliver the key, then they will stop DIBS upon deliver the key eventhough less than 2 years... seems like the banker has some insider news from sp setia that this project will complete ahead schedule... The condition is DIBS for 2 years and / or until the VP of the property regardless the construction is less or more than 2 years. This is agreeable by the developer. Unless the bank strictly put up to 2 years only in their Offer Letter to the developer but not Bank LO to purchasers or borrowers. |
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Oct 30 2013, 10:03 AM
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Senior Member
7,049 posts Joined: Aug 2009 
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QUOTE(darween13 @ Oct 29 2013, 07:12 PM) Hahaha, CY, you dont feel him. You may have tried but you failed. You are First Lady, paparazi likes you! Darween! I dun want paparazzi pls ...  |
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Oct 30 2013, 10:03 AM
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Senior Member
7,049 posts Joined: Aug 2009
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QUOTE(Ulta Man @ Oct 29 2013, 07:38 PM) Hi, any monlis 1 purchaser here? Is this supposed to be phase 1 or 2? Can some TK or TKC here to enlighten pls. Tq. Monlis is Ph 2.  |
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Oct 30 2013, 10:03 AM
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Senior Member
7,049 posts Joined: Aug 2009
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QUOTE(doomdoom @ Oct 29 2013, 09:15 PM) sign my loan offer letter with bank, got a black and white letter stated that this is DIBS and bank will charge interest from developer directly during construction.... Congrates Ting kor! |
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Oct 30 2013, 10:04 AM
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Senior Member
7,049 posts Joined: Aug 2009
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QUOTE(schowin @ Oct 29 2013, 10:49 PM) Sorry bro, I remember almost everyone's, especially those who got the plavia 2 Schowin kor, U oso suka Plavia 2? |
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Oct 30 2013, 10:04 AM
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Senior Member
7,049 posts Joined: Aug 2009
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QUOTE(samkps @ Oct 30 2013, 07:20 AM) Nah... first lady of SEH fated cannot be low profile.... Sam Kor! U dun be like that la!  |
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Oct 30 2013, 10:11 AM
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Senior Member
7,049 posts Joined: Aug 2009
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QUOTE(robert82 @ Oct 30 2013, 08:59 AM) i want late delivery compensation na... figured out it is 7k per day for me...How do u come to RM7k/day? Time for delivery of vacant possession 23. (1) Vacant possession of the said Building shall be delivered to the Purchaser in the manner stipulated in clause 24 herein within twenty-four (24) calendar months from the date of this Agreement. (2) If the Vendor fails to deliver vacant possession of the said Building in manner stipulated in clause 24 herein within the time stipulated in subclause (1), the Vendor shall be liable to pay to the Purchaser liquidated damages calculated from day to day at the rate of ten per centum (10%) per annum of the purchase price from the expiry date of the delivery of vacant possession in subclause (1) until the date the Purchaser takes vacant possession of the said Building. Such liquidated damages shall be paid by the Vendor to the Purchaser immediately upon the date the Purchaser takes vacant possession of the said Building. Assuming yr unit is RM900k, so the interest per day = RM900,000 X 10% / 365 = RM246.60 This post has been edited by cheryee: Oct 30 2013, 10:12 AM |
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Oct 30 2013, 10:14 AM
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Senior Member
7,049 posts Joined: Aug 2009
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QUOTE(Ulta Man @ Oct 30 2013, 09:20 AM) Ic. Apart from monlis being brought forward to ph 1, what are d rest being brought forward as well. Appreciate. DSL = Pilosa, Pistia, Argentea & AquatilisSEMID = Luzento, Monlis, Aravia, Stagnia Bungalow = Tralas |
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Oct 30 2013, 10:14 AM
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Senior Member
1,924 posts Joined: Jan 2011
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QUOTE(cheryee @ Oct 30 2013, 10:11 AM) Robert jai, sorry, too dizzy from seeing so many work documents this morning. it is 7k per month... hahahahahaHow do u come to RM7k/day? Time for delivery of vacant possession 23. (1) Vacant possession of the said Building shall be delivered to the Purchaser in the manner stipulated in clause 24 herein within twenty-four (24) calendar months from the date of this Agreement. (2) If the Vendor fails to deliver vacant possession of the said Building in manner stipulated in clause 24 herein within the time stipulated in subclause (1), the Vendor shall be liable to pay to the Purchaser liquidated damages calculated from day to day at the rate of ten per centum (10%) per annum of the purchase price from the expiry date of the delivery of vacant possession in subclause (1) until the date the Purchaser takes vacant possession of the said Building. Such liquidated damages shall be paid by the Vendor to the Purchaser immediately upon the date the Purchaser takes vacant possession of the said Building. Assuming yr unit is RM900k, so the interest per day = RM900,000 X 10% / 365 = RM246.60 |
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Oct 30 2013, 10:16 AM
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Junior Member
91 posts Joined: Jul 2011
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Gulp!
 QUOTE(Ambang2 @ Oct 30 2013, 07:34 AM) Btw, next year fuel price is going to increase due to government plan to rationalise petrol subsidy. Cost of property construction is expected to go up further even before GST kick in. There will be inflation n may result BNM to adopt monetary policy to increase OPR to curb inflation. My concern is not on high property price but rather on the possibility of rising interest rate. If my loan at SEH is RM900k n assuming BLR increase by 100 bps then my interest charge will skyrocket by 9k, which translate to RM750 additional interest per mth. Do u guys think this is very taxing? Anyone can share their view on this? |
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Oct 30 2013, 10:17 AM
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Senior Member
7,049 posts Joined: Aug 2009
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QUOTE(robert82 @ Oct 30 2013, 10:14 AM) sorry, too dizzy from seeing so many work documents this morning. it is 7k per month... hahahahaha LOL ... 7K per mth betul la but yr wish will remain as a wish |
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Oct 30 2013, 10:20 AM
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Senior Member
7,049 posts Joined: Aug 2009
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Just received a SMS from SEH requesting us to confirm the purchaser details for final preparation of the SPA.
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Oct 30 2013, 10:33 AM
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Junior Member
124 posts Joined: May 2010
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QUOTE(phekjoo @ Oct 30 2013, 09:16 AM) Any insider news on when phase 2 will launched? Anyone please help?How many dsl units available in phase 2? Land size? 20x70 and 22x75? |
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