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Investment SETIA ECOHILL (Version 4), Inspiring Eco Township in Semenyih

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rusty
post Oct 30 2013, 05:46 PM

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QUOTE(cooleq @ Oct 30 2013, 05:41 PM)
But my draft CIMB LO stated DISP(Developer Interest Servicing Package) not DIBS even meaning no interest payment during construction period. Need further clarification on this matter.
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Yup mine one also DISP i assume is the same laugh.gif
Skyvi
post Oct 30 2013, 05:50 PM

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QUOTE(darween13 @ Oct 30 2013, 03:28 PM)
ooooo, insider news. So, all the future Samanea launch will be for customers (public)? Any indicative pricing or staff book without pricinG?
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They only open for samanea ...not sure how many left for public...friend got 1 unit of corner lot..pricing ~74xK. He hasn't made up his mind yet since pricing is equals to semi-D errana/plavia type. Any advise here? Since price already high, wondering the prospect for subsale later. What's the pro & con for comparison for both? Which one fare better?
cooleq
post Oct 30 2013, 05:54 PM

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QUOTE(rusty @ Oct 30 2013, 05:46 PM)
Yup mine one also DISP i assume is the same  laugh.gif
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Congrats. rclxms.gif
doomdoom
post Oct 30 2013, 05:57 PM

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QUOTE(rusty @ Oct 30 2013, 05:46 PM)
Yup mine one also DISP i assume is the same  laugh.gif
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haha, since like sp setia already discuss with bank and come out new package call DISP to replace DIBS...
cooleq
post Oct 30 2013, 06:09 PM

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QUOTE(doomdoom @ Oct 30 2013, 05:57 PM)
haha, since like sp setia already discuss with bank and come out new package call DISP to replace DIBS...
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So budget 2014 only restricted to DIBS but not DISP. So CIMB really creative to avoid misunderstanding on their loan package. flex.gif
darween13
post Oct 30 2013, 06:23 PM

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QUOTE(neotheone @ Oct 30 2013, 04:54 PM)
Hello there,
My LO did stated DIBS scheme, but I noticed a clause at the end:

"What are the fees and charges I have to pay?
Stamp Duties
As per the Stamp Duty Act 1949 (Revised 1989)
Disbursement Fees
Include fees for registration of charge, land search and bankruptcy search
Processing Fees/Set Up Fees
Flexi
Setup Fee : RM200.00
Monthly Service Charge: RM 10.00 until full settlement of this HomeFlexi"

Does it means we have to pay stamp duties and disbursement fees? Thanks.
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QUOTE(rusty @ Oct 30 2013, 05:01 PM)
haha this must b also CIMB LO same as mine. Just explained my CY & Darween. See above.
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Bro Neo, this should clarify it. Perhaps, the bank just print out the LO with all the obligations of the buyers / applicant. But, in SEH case - all the costs are borne by the developer hence, nothing to worry about.

darween13
post Oct 30 2013, 06:25 PM

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QUOTE(rusty @ Oct 30 2013, 05:00 PM)
Thx to u 2 bro darween
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No prob. Great to hear that after weeks of complaining how come so slow and what not about the loan status; everyone now is busy evaluating their options and signing LOs.
Dear neighbours, all the best and hope for all the very well in future - looking forward to SPA signing but unfortunately, it is at the solicitors' office hence we wont be seeing each another so soon yet.

rclxms.gif rclxms.gif
darween13
post Oct 30 2013, 06:30 PM

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QUOTE(cooleq @ Oct 30 2013, 05:41 PM)
But my draft CIMB LO stated DISP(Developer Interest Servicing Package) not DIBS even meaning no interest payment during construction period. Need further clarification on this matter.
*
Hahaha, these bankers are creative in circumventing the laws - DIPS is not DIBS so, can be offered. Perhaps, Najib should have read out during his budget;

"There should be no scheme or any of that sort allowing Developers to undertake the commitment of the interest for the loan acquired by house purchasers and; Financial Institutions should refrain from co-branding with Developers or making available such loan package. Those who are found in breach of this ruling will be penalised or license being revoked or both"

tongue.gif tongue.gif tongue.gif
darween13
post Oct 30 2013, 06:38 PM

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QUOTE(Skyvi @ Oct 30 2013, 05:50 PM)
They only open for samanea ...not sure how many left for public...friend got 1 unit of corner lot..pricing ~74xK. He hasn't made up his mind yet since pricing is equals to semi-D errana/plavia type. Any advise here? Since price already high, wondering the prospect for subsale later. What's the pro & con for comparison for both? Which one fare better?
*
Wow, thats a premium price tag - cannot make comparison between corner lot and Errana intermediate lo. But, I would opt for a Errana intermediate even if the BU of Errana could be smaller vs Samanea because:

Semi - D (Linked or No Linked) - more privacy compared to Terrace / Link

Security

Serene Location

Privacy (Precint III)

Clubhouse Eligibility (Optional but nice to have occasionally)

High End Residential vs Samanea

If both were to be put up for sale in the subsale market - I would give serious consideration to the Errana since I can get all the above vs Samanea. But then, the land may appeal to some who have great vision for their corner.

Nevertheless, these views actually contradict to my current prop (a corner linked-20x70) but precisely why I decided to upgrade. Having said that, I have key selling points to trump other Linked Semi - D should it go against them such as Reno, ID, Corner, Location and Accessibility.

My views though.
divingfaces
post Oct 30 2013, 07:03 PM

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Er but what exactly does DISP entail?

QUOTE(rusty @ Oct 30 2013, 05:46 PM)
Yup mine one also DISP i assume is the same  laugh.gif
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Skyvi
post Oct 30 2013, 07:16 PM

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QUOTE(darween13 @ Oct 30 2013, 06:25 PM)
No prob. Great to hear that after weeks of complaining how come so slow and what not about the loan status; everyone now is busy evaluating their options and signing LOs.
Dear neighbours, all the best and hope for all the very well in future - looking forward to SPA signing but unfortunately, it is at the solicitors' office hence we wont be seeing each another so soon yet.

rclxms.gif  rclxms.gif
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Signing of SPA not in welcome center with Makan-Makan??😉 Fyi, ecoworld ecobotanic SPA signing was held in Traders Hotel (at puteri habour) with buffet lunch. Each purchaser could reserve upto 4pax too!
Skyvi
post Oct 30 2013, 07:23 PM

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QUOTE(darween13 @ Oct 30 2013, 06:30 PM)
Hahaha, these bankers are creative in circumventing the laws - DIPS is not DIBS so, can be offered. Perhaps, Najib should have read out during his budget;

"There should be no scheme or any of that sort allowing Developers to undertake the commitment of the interest for the loan acquired by house purchasers and; Financial Institutions should refrain from co-branding with Developers or making available such loan package. Those who are found in breach of this ruling will be penalised or license being revoked or both"

tongue.gif  tongue.gif  tongue.gif
*
Wah bro,..you make announcement on behalf ah..later Najib straightaway amend to follow suit ..haha
schowin
post Oct 30 2013, 07:24 PM

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QUOTE(Skyvi @ Oct 30 2013, 07:16 PM)
Signing of SPA not in welcome center with Makan-Makan??😉 Fyi, ecoworld ecobotanic SPA signing was held in Traders Hotel (at puteri habour) with buffet lunch. Each purchaser could reserve upto 4pax too!
*
Aiya... different treatment. Ecosky buyers can eat dim sum and english tea in sales office only. Even eco biz park buyers only can makan makan in bukit indah sales office.
cooleq
post Oct 30 2013, 07:31 PM

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QUOTE(darween13 @ Oct 30 2013, 06:30 PM)
Hahaha, these bankers are creative in circumventing the laws - DIPS is not DIBS so, can be offered. Perhaps, Najib should have read out during his budget;

"There should be no scheme or any of that sort allowing Developers to undertake the commitment of the interest for the loan acquired by house purchasers and; Financial Institutions should refrain from co-branding with Developers or making available such loan package. Those who are found in breach of this ruling will be penalised or license being revoked or both"

tongue.gif  tongue.gif  tongue.gif
*
How to revoke or penalise. CIMB & SP Setia GLC company and and furthermore CIMB CEO and Najib abang/adik ma..
schowin
post Oct 30 2013, 07:38 PM

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QUOTE(darween13 @ Oct 30 2013, 12:00 PM)
Oh, alright. True also, limits the view; but, space wise, this is effective unless the land is huge where you can have 2 entrance.
Anyways, for the Arroyo - you think the designs will be given by SEH or owners will have an option to build as they like - if the former, there will be some uniformity - which SEH may want, but owners who have such deep pockets may not like it, and if latter - no uniformity.
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Judge from setia eco park, it will be freestyle. No restriction to the land owner to build colonial mansion or contemporary boutique bungalow. Otherwise it defeats the purpose of buying your own land building your own house.
schowin
post Oct 30 2013, 07:41 PM

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QUOTE(cheryee @ Oct 30 2013, 10:04 AM)
Schowin kor,

U oso suka Plavia 2?  tongue.gif
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Yes I do. I'm waiting raikonen to let go leh. Or u want to kasi me chance?
darween13
post Oct 30 2013, 07:42 PM

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QUOTE(Skyvi @ Oct 30 2013, 07:16 PM)
Signing of SPA not in welcome center with Makan-Makan??😉 Fyi, ecoworld ecobotanic SPA signing was held in Traders Hotel (at puteri habour) with buffet lunch. Each purchaser could reserve upto 4pax too!
*
I understood from tai kar che that it would be at lawyer office. Wah, if sign SPA at hotel with buffet, geng wo. Can mingle, drink and enjoy. Celebrate the puchase of house.
smile.gif
doomdoom
post Oct 30 2013, 07:43 PM

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QUOTE(schowin @ Oct 30 2013, 07:38 PM)
Judge from setia eco park, it will be freestyle. No restriction to the land owner to build colonial mansion or contemporary boutique bungalow. Otherwise it defeats the purpose of buying your own land building your own house.
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i think if bought the bunglow land, u got the right to design ur own mansion...it will look ok eventhough different types of design, since lcated on different parcel of land...

unlike those link house or semi D which link together, better look almost similiar for the uniformity look...
darween13
post Oct 30 2013, 07:44 PM

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QUOTE(Skyvi @ Oct 30 2013, 07:23 PM)
Wah bro,..you make announcement on behalf ah..later Najib straightaway amend to follow suit ..haha
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Haih...what to do, we all know how the G is today; and change cannot be effected although they are *democratic*...just live on with the bitter fact lo.
Find more ways to make money - thats why have to online on LYN.
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doomdoom
post Oct 30 2013, 07:45 PM

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QUOTE(darween13 @ Oct 30 2013, 07:42 PM)
I understood from tai kar che that it would be at lawyer office. Wah, if sign SPA at hotel with buffet, geng wo. Can mingle, drink and enjoy. Celebrate the puchase of house.
smile.gif
*
the day we line up to secure and chose the unit, it's already like a fun carnival...

hopefully sps will come out some buffet lunch as appreciation to the buyers during signing snp, can take a walk at there and have a look on the show units again while makan makan and sign snp... tongue.gif

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