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

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Skyvi
post Oct 30 2013, 02:35 PM

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QUOTE(darween13 @ Oct 30 2013, 12:21 PM)
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.
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SPS plan to bring forward 22x75 in previous launch but finally hold it for 2nd phase. Staff & associates selection already been done for samanea.
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?
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
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Wah bro,..you make announcement on behalf ah..later Najib straightaway amend to follow suit ..haha
Skyvi
post Oct 30 2013, 10:40 PM

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QUOTE(darween13 @ Oct 30 2013, 06:38 PM)
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.
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Errana built up should be bigger right? How about the consideration between cluster type ( back to back) vs terrace with land behind?
Skyvi
post Oct 31 2013, 10:12 AM

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QUOTE(darween13 @ Oct 31 2013, 09:11 AM)
Exactly bro Skyvi,

As I said, in the end it boils up to what the buyer wants / owner prefers? If he wants land at the back, then CSD is not the appropriate option, but, through the entire ownership tenure of the home, how many of us actually spend time at the back of the house - unless there's something attractive at the back - I certainly dont - but I spend enough time on the side (garden) of my house.

In terms of selling point, if the price is equal to a CSD - with a bigger BU then, i think, they might sacrifice the rear land (usually, used for wet kitchen and laundry) - and opt for the CSD esp in SEH case where the CSD is located in somewhat a more premium set up.
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Well said. Another difference is when come to building modification (major) or extension, there is a restriction for CSD compare to DSL whereby the rear wall is shared amongst 4 units of house.
Skyvi
post Oct 31 2013, 10:15 AM

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QUOTE(cheryee @ Oct 31 2013, 10:03 AM)
1 of 2 scenarios:-

1) SPA + Loan = same solicitor = no problem to sign both docs at the same time

2) SPA + Loan = 2 different solicitors = have to sign the docs separately unless both the solicitors are willing to meet you at the WC, on the same date and time to sign both docs lo  biggrin.gif
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I did confirm during the booking day & SPS staff inform that same solicitor for both s&p & loan, no?
Skyvi
post Oct 31 2013, 10:15 AM

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QUOTE(neotheone @ Oct 31 2013, 10:14 AM)
This might be an issue for me as I am working outstation. omg.
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You may write in to request for extension.

Skyvi
post Oct 31 2013, 06:36 PM

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QUOTE(darween13 @ Oct 31 2013, 09:39 AM)
Oh, alrighty. Paham paham.
I will put a precedent to signing LO - whichever Bank Officer can convince solicitor to go SEH to sign SPA - will get my business.  tongue.gif  tongue.gif
Let me sign LO first, baru look forward to the rest.
Anyways, had some internal rumours after pushing SPS Staff - dates to sign SPA - could be 8/9 Nov (but I am assuming this is for DSL?)
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Hi darween, get to know that you are working with CIMB. Need your advise on this. Current property
Loan with CiMB, plan to settle it to enable 90% loan quota. Normally how long it will takes for CIMB to zerolise the account. And how much is the charge if request for express settlement? Thanks.
Skyvi
post Oct 31 2013, 10:59 PM

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QUOTE(cheryee @ Oct 31 2013, 06:57 PM)
This one I can assist to jawab. Usually it will takes approximately 1-2 weeks for the bank to close your account and return all your security documents.

However, in order to clear the said loan record in CCRIS, it will takes approximately 1 mth from the clearance date as CCRIS report is only updated to the last 1 mth ie today is 31/10/13, then the CCRIS report is only showing yr record up to 30/09/13.
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Thanks cheryee. My HLBB agent informed just need to show the account balance clear off is enough, is OK if CCRIS still not yet update. For my friend which is CIMB preferred customer able to get the release letter in 3weeks time. For normal acc customer like me, not sure need to take how long?

This post has been edited by Skyvi: Oct 31 2013, 11:02 PM
Skyvi
post Nov 1 2013, 09:52 AM

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QUOTE(cheryee @ Nov 1 2013, 09:16 AM)
Sama2! You are referring the "release letter" as "redemption statement" is it?
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The letter state that you already fully settle the loan...I think same gua.
Skyvi
post Nov 1 2013, 01:11 PM

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QUOTE(darween13 @ Nov 1 2013, 12:53 PM)
No, redemption statement is to determine the full settlement figure; the release letter is given after you make the payment in full as stated in the redemption statement - redemption statement comes with a validity period - upon which if exceeded, need to request for new one as the existing one will be deemed void as they need to recalculate your redemption amount.
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Called into CIMB, been informed need 2weeks time to complete the settlement. Current ecohill 70% loan just approved, LO is issued. Need to reprocess loan again if going for 90% after settlement. With the news that some bank pull back on dibs & considering no annoucement by BNM yet, is it worth the risk to reapply or should i sign the LO immediately before any unforeseen change come later. Any advise?
Skyvi
post Nov 1 2013, 02:23 PM

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QUOTE(Rabel @ Nov 1 2013, 01:15 PM)
Confirmed. My friend is working in PBB.
BNM oredy issued letter n effective immediately.
Anyway, now depend on developer n BNM negotiation.
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Any impact for those already signed LO?
Skyvi
post Nov 1 2013, 06:15 PM

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QUOTE(darween13 @ Nov 1 2013, 06:04 PM)
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.
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My consideration is to claim my 90%loan quota through ecohill. If I proceed with 70%, considering I sell off the settled one, my next purchase loan quota availability will still be 70% only. My portfolio will be 90:70:70. (scratch head)
Skyvi
post Nov 6 2013, 11:28 AM

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QUOTE(vislai @ Nov 6 2013, 10:28 AM)
wow!! congra!! i am still waiting mine.  rclxms.gif
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Just spoken with sps, this week signing for pallida, pilosa, angusta & argentea. Semi-d will be the following week while aquatilis & pistia will be WK47/48.
Skyvi
post Nov 6 2013, 12:01 PM

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QUOTE(calvinkschong @ Nov 6 2013, 11:44 AM)
Any idea why Pistia and Aquatilis will be the last 2?
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Due to these 2 types launches being bring ahead from phase 2-->1, thus may need more time for finalising the spec etc.
Skyvi
post Nov 6 2013, 12:36 PM

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QUOTE(rusty @ Nov 6 2013, 12:12 PM)
Someone said some Link SemiD like Monlis, Luzento, etc also brought forward from phase 2... does that mean also sign S&P later?
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Maybe, I didn't confirm in details for semi-D or bungalow ....you may need to clarify further with them.
Skyvi
post Nov 9 2013, 02:08 PM

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QUOTE(darween13 @ Nov 9 2013, 01:58 PM)
Good morning neighbour!

Yes, the thread will eventually slow down as people are running out of topic to talk about.
Many of our DSL neighbours will be in SEH WC to sign SPA this weekend. Also, according to HSBC and other bankers, DIBS is still ON.
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DIBS will mention in loan agreement instead of letter offer right?
Skyvi
post Nov 9 2013, 02:10 PM

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QUOTE(samkps @ Nov 9 2013, 11:42 AM)
i signed already..

but loan agreement next week..:'(... i signed the lo last thursday, crazy, just reach lawyer office this thursday... how come so slow... boo...
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Pls share your house spec oh... Any surprise or disagreement in the snp?
Skyvi
post Nov 9 2013, 03:42 PM

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QUOTE(samkps @ Nov 9 2013, 02:16 PM)
Overall, everything quite standard.

Just there is one statement mentions that the road management during the first 6 months shall be still under SEH before handing to MPK, thus if there is a need for certain maintenance, then the buyers may need to support the cost.

Is this considered something normal?
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Which road? The internal roads within the guarded boundary or the external public road use to access to Lekas highway?

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