MOT is not stamp duty for loan agreement.

As I said there r 2 stamp duties.

1) stamp duty for loan agreement, pay now upon s&p
2) stamp duty for S&P, which is MOT fees. Pay upon VP or near completion.

That's simple. Lawyer won't lie as this is under law. Ask ur developer SA for details.

Strata law changed already lioa loh....

As I understand, there are 2 stamp duty in SPA alone.
1) RM 10 ringgit for SPA stamp duty
2) Stamp duty for MOT (which is later stage when you go for sub-division)

So, normally when developer said they cover stamp duty for SPA, they are referring to the RM 10. Seldom developers will cover the MOT.

aiyo...u all dun simply say la...

the RM10 is stamping fee/expenses. no matter wat agreement is this, u need to do the stamping. RM10 per stamp. ur tenancy agreement, loan agreement, Sale and purchase agreement, share sale agreement, settlement agreement, whatever u can name it, u need to stamp.

for loan agreement, u need to pay stamp duty, 0.5% on loan portion.

when the developer issue strata title, or  call it Memorandum of transfer, the timing is up to developer, nowadays normally around 2-4 years from SnP date. u need to pay stamp duty again, which is calculate based on 1st RM100,000 @ 1%,...bla bla..which can cause u RM15k if ur SnP value RM600,000

Yea Alpha team bro is right. That's what I meant. But I might be wrong,  so better check with the SA or Lawyer for the cost breakdown.

Nways how's the sales of the 2nd phase? Sold out too?

I think if it was sold out the BBB people would have posted the sales chart already.

So not sold out yet.

Many people hv wrong perception on condo lighting
Until today I hv not seen any condo apartments on the light 100% with 100% occupancy rate at any time
Go to search those old condos in Cheras, Pandan, PJ or Tmn Desa, most of those old apts or flats are fully occupied, but when come to night time, anytime fr 7pm - 12pm, only maximum 80% lights on
In summary, if you notice a condo with 10%-15%, lights on at night, there is easily 30%-40% already move in
For you information, everytime I pass by Setia Walk at night, R3 has bout 20% lights on, R2, has bout 10%-15% light on, R1 has 5% lights on
In actual facts (confirmed by SW management) :-
R3 - 80% occupied
R2 - 50%-60%
R1 - 40%

Same goes to MK condos
No light at night =/ vacant, timing issue

I guess only 50%-60% sold ...cz the price increase 10% compared block A

I think the reason is that BBB is over.

save bullets for Malton one?

save bullets for Malton one?

Let put urself into the buyers' shoes, 3 weeks ago u could get the same unit with 10% less. U would feel like shit n sh if u go ahead.

2 Launches r too close

Let put urself into the buyers' shoes, 3 weeks ago u could get the same unit with 10% less. U would feel like shit n sh if u go ahead.

2 Launches r too close

You mean Berjaya shd launch all at one time? Like the one Country Garden in Iskandar, 8,000 units sekali go? 

I mean over longer period of time. Ppl haven't swallowed, here come another food feast, having indigestion now

Let put urself into the buyers' shoes, 3 weeks ago u could get the same unit with 10% less. U would feel like shit n sh if u go ahead.

2 Launches r too close

Let put urself into the buyers' shoes, 3 weeks ago u could get the same unit with 10% less. U would feel like shit n sh if u go ahead.

2 Launches r too close

i think is developer strategy to sell off at least 60 to 70 percent of the total units. They already expected that.

They have done so with previous launch, second block always increase in price and buyer will always sapu the first block. The left over of second sell slowly other the SA got no work to do. Also the second block always got better view, at least for them o justify some price increase.

expect the same thing to happened when they launch KM2 ...