QUOTE(tat3179 @ Dec 26 2013, 10:04 AM)
Bro....you sure you know what you are talking about?
You do know that banks cannot charge principle payment on properties until full VP right? You only pay interests right?
And that DIBS covers the interest payment until VP?
So since DIBS has been covered by the developer, on what grounds does the Bank get to foreclose and lelong a undercon prop.
I know you kan cheong wanna see the whole prop market collapse so you can finally join in with the rest of the investor, but if you wanna spread panic also please post with some sense lah....
Should be 288 residency. You do know that banks cannot charge principle payment on properties until full VP right? You only pay interests right?
And that DIBS covers the interest payment until VP?
So since DIBS has been covered by the developer, on what grounds does the Bank get to foreclose and lelong a undercon prop.
I know you kan cheong wanna see the whole prop market collapse so you can finally join in with the rest of the investor, but if you wanna spread panic also please post with some sense lah....
I know owner only getting key on November or December but I saw it on Auction list already, anyway I am not interest that particular condo.
I know u have some unsold unit & dead worry price will tumble, no need to white washing the present senario. .lol
This post has been edited by jolokia: Dec 26 2013, 10:19 AM
Dec 26 2013, 10:17 AM

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