Hahaha. If more than RM500k, have to do full checkup - but also depending on what policy you purchasing (MRTA or MLTA). Bear in mind, MRTA do not cover the ciritical illness - only Death and TPD.

If you buying MLTA, dont let the bank finance the MLTA - you better off purchasing yourself externally, because MLTA - Mortgage Level Term meaning the amount (sum insured) will remain level as per the origination date; i.e.: if insured RM1m, then the payout at any time in future will be RM1m too regardless of the outstanding amount. If you buy with the Bank, the Bank will tag the MLTA to your loan and it wont be transferable in future. If you buy from an independent provider, you can use it to cover your props instead of just 1. And, when it is not transferable, the new one (should you take one after disposing the current house) will cost more since you have aged.

I enquired for MLTA with HLA - RM400+ per month for RM1m coverage at my age of 28 now. This includes Death, TPD and critical illness; and I will do a full med checkup to avoid all complications in future - because I simply dont trust these insurance companies.

Hahaha, whats with the smirky smile bro vislai.

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.

Hahahaha! Good one!

Hahaha, Bro Ambang2, after serving 3 banks in 7 years, I am still unsure of how these people do credit evaluation.
It seems like the rule is custom one - can be adjusted as they like. Nowadays, Branch managers (selectively) are given DP (Discretionary Power) to approve certain sum of loan; i.e.: say RM1m, and as such your credit / loan application will not go to HQ for approval but just secondary judgement and notation. So, if you kam ching with the BM even though high DSR can still lepas at times. Hence, I never really bothered.

Bro cooleq, it is almost the same at every bank, higher pay = higher DSR.
But, also, if your income is based on bonus / commission (variable income) but high pay - then it comes down to how they calculate your variable income; though you might get 90% DSR but if income recognition is lower than banks who can recognise more but 80% DSR - then it is pointless. Thats what happened in my case with RHB. Because, I have so called Fixed* bonus annually but they recognised a mere 40% thus my income was understated.

Bro Ambang, honestly, BLR going up by 100bps is not immediate and it would not happen one time - it will be gradually increased to curb inflation. However, expect 25bps up on BLR by end of this year or early next year as BNM has to do something with the inflation level - even then, when it goes up, the tenure of your loan will be extended - always opt for this because you never know when it will come down; its better to allow the market to correct itself rather than stressing your pocket to pay which will not be refunded at the end of the day when interest comes down. However, if you choose to extend your years and if interest comes down say, 5 years later - your loan tenure will correct itself.

Bro Joo,

No insider news yet, but would not be anytime soon. Perhaps, Q3 2014.
Stay tuned on this thread, you will find out eventually.

Hahaha, same case - but mine with pre-approval. Ridiculous.

Bro doom2,
I am quite sure that SPS will deliver ahead of schedule, so, those who are on borderline should work on some contingency plans to serve the installment if delivered earlier - because, this is consider additional profit to SPS and they will definitely try to make extra if they have the room.

Stagnia, Aravia, Monlis, Aquatilis are some that i recall which are launched ahead of schedule together with Phase 1 and thus their price has been embedded with some premium.

+1

I didnt receive any SMS for them wo. How eh?
Please update / clarify.

If i remember correctly, there is still 2 piece of land vacant; one is the piece where the current show units are housed and one behind the Welcome Centre.
The one where the show units are will be 20x70 if m nt mistaken and behind WC will be 22x75.
Total units that could go on sale should proly be around 150-200units.

Yeah, maybe only for those who have signed LO.
I called SEH earlier to enquire about the Developer Licence / Developer Code; Chris said, it will be out by next week.
Also, before the cheques are banked in, they will blast SMS.
And, DIBS, if BNM say no DIBS - will have cash rebate - will know before SPA signing, according to Chris.


This post has been edited by darween13: Oct 30 2013, 01:52 PM

I am waiting for CIMB - my employer's offer.
Initially, they said, they dont recognise variable income, so, I didnt bother them. Then, a banker named Ken took my docs and now, the application has been approved but they are waiting for HR to evaluate and reply on the rate as well as reno loan and other benefits since I am staff.
Either way, still need to wait since Developer Code not out yet for HSBC to generate LO. I also havent got the Alliance LO - since, the Reno Loan havent know the status.
Will sign next week.

Lols; I learned something in my life - Chicks are liability; Women (Ladies) are asset. I prefer woman; easy maintenance; anyway, already off the market la bro - gonna settle down next year.

Lols.
Bro robert, yes, 28 this year. Finally, owned a RM1m prop in well planned township before turning 30.
Hopefully, can follow CY footsteps. She just turning 35, got 2 Plavia and god knows whatever wherever else she vested her interest. Single lagi tuuuu.


Modified the post.

This post has been edited by darween13: Oct 30 2013, 01:58 PM

Ini bro Vislai, very cheeky lo. Nothing to leak about age ma. First lady also open open admit mid-30s.
I am just small potato.