u ask me openly, how do i answer wor.
but you know me lah. very blunt one.

some banks offer fixed rate of x.xx% during y number of years or during construction period. some do not.
the blr-z.zz% also varies. remember i quoted some might get 2.4%, some might get better, some might get worse? so it again varies.

and of course, there are also fixed rate players such as AIA.

so bottom line, each package actually varies and depends on purchasers' needs.

personally, i do not find the 4.5% fixed rate for certain period attractive at all.

OK, noted.
Thanks!!

The computation didnt take in loss in interest income...that would take the 2.5% up to 3.7%. Really tight.

FeiMauKor...shouldn't the DLP 7.5% have same disbursement date as VP date?


Bigman .... Did you take into account of the interest earned derived from upfront rebate 4%?

thank you so much

Tengster,

FYI about the DLP 7.5%


Attached File(s)
 third_schedule.pdf ( 438.6k ) Number of downloads: 272

But this amount will be disbursed by bank upon VP. The fund Goto stakeholder for time being.

So in conclusion...is 4% ok? Getting confused

Check with a friend who working in property development industry & she said only the last 5% will be paid 2 stakeholder upon VP.

The another 2.5% ll be paid upon the application on subdivision.

The rebate of 4% is in between what klgateway is offering at 3% and ekocheras is offering at 7%. Both r 4 yr projects. Uoa removed their dibs 4 Southville block B at bangsar south without giving any compensation..

Uoa south view gives rebate 3% for removal of dibs

Dey must hv changed since I last spoke with them as their block B sales is doing quite poorly..

Hmmh, sounds like 4% rebate is consider reasonable?

It really depends on how much u borrow 4 ur purchase. If 70% LTV then mayb breakeven. Do take into acct that OPR will most likely increase 25bpa in 2nd Q next year. 2015 may see another 25bpa increase. So the current low int rate of 4.20% will not hold any longer.

94 downloads and only 2 tq.
Jeez. U guys sure are a grateful lot.
Or my spreadsheet sucks?!

Tq, Boss.

LYN can upload excel?

Did my calculation, does this means that I need to fork out 22K throughout the construction period?

Good spreadsheet bro! Just that I need time learn how to digest the info lol! First time home buyer here!

Thanks tai kor.

thank you taikor. i still study to covert to excel