Yes fr the spreadsheet it looks like the total interest cost is rm22k assuming the interest rate remains 4.2% throughout d tenor.

So many downloads means popular mah.
And there are lots of silent readers too. Just assume you did good deed loh.
Thanks kochin kor!!!

Bro, this is for 70% loan, could you please help to calculate and upload here say for 90% loan? TQ

No need to calculate so much. Think it's break even in most cases. However make sure u r able to fork out the installments as they start earlier. It's no longer attractive this project. Period.

Govt move to ban dibs seems to be the right thing in cooling down property. Ecosky is caught in between and perhaps caught in the worst situation possible. Huge success during booking with dibs as many were willing to give it a try with its new concept even at a high psf (comparable to the good condos in MK). Replacement with a 4% only shows how much profit incline is this company and I doubt they r customer centric and will do top notch finishing. It's their maiden project anyway.

This post has been edited by BigMan123: Dec 1 2013, 08:20 AM

Suddenly noone care to discuss bout incinerator liao. Tis thread so dead. No flame liao. Not far away fennel oso dying thread. Yr end. Many go makan angin kut. Shopping centers manyak olang. Many promotion. Guess yr end props no promotion hor. Else ll not b so quiet.

DIBS is only worth 4% or so. How much discount you expect?

Can someone tell me what price is it selling(psf wise) after ALL discounts? For mid floor pricing. Thanks.

That is the assumption that banks allow only loan based on NETT PRICE Stripping off all the "Freebies" which is 70%.

Did a calculation not sure right or wrong



Basically if Ecosky wants to replace the discount with DIBS, they should provide 6% discount to make the package attractive.

Anyway I am still waiting for loan LO. Most likely I will drop my unit.

Agree. With uncertainty with dibs removal, loan, etc, ecosky should be more generous at least for their maiden.project.

If 90% loan and increase in BLR, the purchasers may be in a worst off position especially those on the lower floor. Thinking off dropping the unit.

you have heard of group buy.
but let's create a first group drop out.
hehehe.

to those who wish to drop out, maybe we ought to compile a list and organise a joint drop out date.
hopefully can have more than 30 people?

Good idea. Not sure how to create that in this forum but Please list me down.

thx for the calculation.. it help alot...

Count me in

wow, sounds like a real revolution is taking place haha...

Woo....don't estimate lowyat's prop group ability to pressure developers from more concessions...

I guess Teng sir needs to do some magic here.

Hav to pursuade ES to giv gao gao discount. Best is commi oso got discount. Then virgin project can fly a lil bit instead of falling down to longkang.

boss, perhaps they are still in the mindset of 'you need me more than i need u. u can't afford it, i got thousands lining up for my product. u don't kaw kaw chan mo pong chan! cheh meh ng koi!'

and boss, not virgin product lah, their jb oledi sign spa lah.

+1

A few of my friends already drop out as they think there will be increase in BLR next year and don't want to take the risk. They think 4% rebate is not enough to cover 4 years construction period for those on lower floors. If all of you are walking out, i will go along.