Lol... chui shui easy nia, prediction only hard....

EKVE shall be built and will have interchange at Bandar Mahkota Cheras and connected to Silk.. Currently to Ukay Perdana, perhaps will be extended to UIA in future.

http://www.thestar.com.my/Business/Busines...xpressway-deal/

http://www.starproperty.my/index.php/artic...o-ukay-perdana/

Next time, SEHrians can use this road to Ampang and bypass Cheras Center.

If really extended to UIA, can shorten the travel time to Genting too...


Attached thumbnail(s)

You are welcome.

It's okay, indirectly also indicates that VP shall not be long mah...

This post has been edited by samkps: Feb 25 2014, 05:57 PM

Yeah, quite a number of people protest it. If highway is built, sure some jungle need to be cleared, some kampung need to be realigned, more toll will be built, etc... Construction of LDP if not mistaken also create some protest as well.

http://blogjalanraya.blogspot.com/2014/01/...-ekve-suke.html
http://blogjalanraya.blogspot.com/2013/09/...lebuh-raya.html
http://www.thestar.com.my/story.aspx/?file...25936&sec=focus

But, looking at the current traffic around the KL area now, it seems like there is a need to build more roads to support the traffic commuting. Just hope there will be more careful planning to minimize the impact to environment, and also really can help to improve the traffic commuting....

I believe EKVE and SUKE are interconnected to each other, diverting the traffic along the outbound of the KL center, and hopefully can assist to provide more alternatives for the people to commute in or out from KL center.

KL center is already too congested, and it has been surrounded almost completely by many nearby township. In addition, dun think there is still land available for building another highway that can lead directly to the city center. This is why during the peak period, regardless you are using which road to enter / exit KL, it will be jam jam jam as well...

Lol, provide alternative to stay in SEH, but working in Ampang or Gombak...

Just received the first billing from SPS, 10% for the foundation, stage 2(a)....

Dated 17/02/2014, due at 18/03/2014

Billing for SemiD units should be coming in soon.....

Anyone can share how to make sure the bank will pay the bill on time??



This post has been edited by samkps: Feb 25 2014, 11:39 PM

BBW, this is not good solution lah...

The ultimate solution is building landed Pr1ma around KLCC with price tag around RM 300k, so that everyone is affordable and no need to jam during peak hour mah....

BBW, dun feel being pierced through by my words, everyone here should know I am only one of the active chui shui buddies in this thread nia..

Oic, no more land huh? Perhaps one day government is so kind to purchase the land and commercial building around KLCC, demolish them and build Pr1ma landed townhouse, selling at a price of RM 300k? Have you propose that before??

RM 300k house is reasonable and affordable to most Malaysian only woh, mana cheap ler... There are many Malaysian still don't afford RM 300k house woh, true??

According to the planning, the Ampang interchange of EKVE shall be connected to the SUKE. The main purpose of EKVE and SUKE is to reduce the traffic along MRR2 I presume...

"Located next to the Kuala Lumpur City Centre, Kampung Baru remains very much a kampung (village) due to historical reasons. It has so far managed to escape the long arm of development because it was gazetted a Malay Agricultural Settlement, under Section 6 of the Selangor State Government Land Enactment 1987."

http://www.thestar.com.my/News/Community/2...much-a-kampung/

This post has been edited by samkps: Feb 26 2014, 12:25 AM


Attached thumbnail(s)

Oh no... Tabung Projek Perumahan Terbengkalai handling the cases on SP Setia, the top notch developer in Malaysia, sure create alot of heboh then....

Bro doomdoom, can exchange bear bear hug with bear bear paw boh, seems like more worthy woh...

May I know are you taking the flexi loan? If so, why not just dump in your excess money (installment in this case) into the current account to save interest? No point to start the monthly payment so soon nia. The bank will still charge you interest on the amount money that they have paid to the developer, if start the installment so early, your loan tenure will be shorter woh...

Flexi loan, every single ringgit you dump in also help to reduce your principle woh...

This post has been edited by samkps: Feb 26 2014, 01:18 PM

Precisely, flexi loan works as your option 2.

Most of my loans are flexi account, therefore I only can share my experience for flexi loan. Nevertheless, I am not very sure about the semi flexi loan, you may want to check with your banker whether can have flexi loan facilities.

For flexi loan, you will have two accounts, one is loan account, one is current account. Loan account consists of loan amount and the interest bank charged to you. Current account on the hand, consists of the amount of money you dump in and also the interest you earn. The rate of loan account and current account is the same. Every month, your loan account will transfer money from the current account, to deduct the installment and the interest charged. So you have to always make sure your current account have enough money for the monthly deduction. You always can dump in excess money into the current account, even during construction period, in order to "earn" more interest to offset the interest bank charged you.

Take your example:

Loan amount : RM 300k
Instalment : RM 1600
Disbursed : RM 60k / 1st disbursement
Interest rate: 4% pa
Tenure: 35 years (installment) + 2 years construction (servicing interest)

For flexi account:

First month after 1st disbursement:
Amount bank pay to developer: RM 60k
Interest charged: RM 203.84
Amount you put into the current account: RM 1600

Amount left in current account: RM 1600 - RM 203.84 = RM 1396.16
Interest earned in current account: (RM 1396.16 x 4%)/365 x 31 = RM 4.74
Amount in current account that bring forward to second month: RM 1396.16 + RM 4.74 = RM 1400.90


Second month after 1st disbursement:
Amount bank pay to developer: cumulatively still RM 60k
Interest charged: RM 203.84
Amount you put into the current account: RM 1600

Amount left in current account: RM 1600 - RM 203.84 = RM 1396.16 + RM 1400.90 (previous month)= RM 2797.06
Interest earned in current account: (RM 2797.06 x 4%)/365 x 31 = RM 9.50
Amount in current account that bring forward to third month: RM 2797.06 + RM 9.50 = RM 2806.56

From this example, you can clearly see that flexi account principle is based on "the more you dump in, the more interest you earn to offset the interest charged by the bank". Principle reduction actually not apply to flexi loan.

You can do what's listed in the example above, even no need to notify the bank. Perhaps you will ask, what's the difference in the example if compare you start paying the installment now?

The answer is on tenure. If you do in the example, you have 37 years to settle your loan, but if you start installment now, you only have 35 years.

Many people will think that the shorter the loan tenure, the less interest we are paying. This is not apply to flexi account. Flexi loan is depending "how fast" you can accumulate the money that bank pay to the developer plus the charged interest. The faster you can accumulate this amount, the more interest you can save. Tenure on the other hand, should be as long as possible.

For example:

Property price: RM 500k
Cash in hand: RM 500k

Choice one:
Use 500k cash in hand to buy the property directly. Property belong to you. But in case you urgently need money, you need to bring the property grant to bank, and "begging" the bank to "borrow" you RM 500k, with the property as the collateral in this context. Expect to pay the high interest rate I presume.

Choice two:
Apply a flexi loan, maximize the loan tenure (35 years). Dump in your 500k cash into current account associated to the loan. Bank won't charge you a single cent of interest. Property belong to bank but you have the full authority to exercise the property (stay or rent). In case you urgently need money, just take out the cash in the current account. No need to inform bank for the withdrawal even. The amount of money you take out, will be charged the interest based on property lending rate (4% ++ currently) of course. Your 500k in the loan account of course won't stay forever there, as it will be keep on reducing years by years (bank will take it completely after 35 years). Nevertheless, you won't lose out the 500k in one shot because of full settlement. The cash still in your hand...

Hope this helps.

This post has been edited by samkps: Feb 27 2014, 12:33 AM

Opps.. my name is there, fortunately not the face...

TKJ, is because no lengzai, then dun dare to show mah... later scare people away then no good loh..

You are welcome jeff gor.. It's nothing, I just practicing TKJ's principle, sharing is caring nia...

Anyway, the example I share is for full flexi account. If you are taking semi flexi, then perhaps it is better to ask your banker whether have such flexi account features...

Yeah, concert with Hong Kong artist if not mistaken...

True, with a classy guard house but with manual gate may looks laoya. Oh, I thought auto boom gate shall depend on Resident Association discretion later? Well, if SPS can assist to install it, then it will be superb!!!

Lol, beside chui shui, I also a good follower mah...