QUOTE(robert82 @ Mar 18 2014, 10:40 AM)
You mean EcoMajestic? Investment SETIA ECOHILL (Version 7), Inspiring Eco Township in Semenyih
Investment SETIA ECOHILL (Version 7), Inspiring Eco Township in Semenyih
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Mar 18 2014, 10:49 AM
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2,587 posts Joined: Jul 2009 |
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Mar 18 2014, 03:26 PM
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15,454 posts Joined: Nov 2011 |
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Mar 18 2014, 03:44 PM
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15,454 posts Joined: Nov 2011 |
QUOTE(c_square @ Mar 17 2014, 12:43 PM) hi guys, bit worry bout the progress payment as I got only 85% loan and wonder when will SPS collect my remaining 5%, any idea? and just wonder is the property strata title or individual title? what's the difference between these? many thanks! Bro, regarding your 5% payment, I think you need to pay as the first billing is out. In the normal case, first 10% is the down payment, the next 10% is the piling and follow by 15% on the structural framework. SPS will come out the first billing the on the 10% for the piling, the money is either to be paid by the bank or by you. Since you only get 85% loan, I believe your bank only will pay 5% in this first billing and you will need to pay the 5% remaining. This is the normal case, but if there is some special agreement between the buyers and the developer, then there may have some exceptions. All the units in SEH including zero bungalow lots are individual title if not mistaken. Differences between individual title and strata title can be found here: https://forum.lowyat.net/topic/2243325/all Generally, landed house normally have individual title while condo/apartment will have strata title. Nevertheless, in these recent years, strata title for landed house start to gain more popularity since the amenities/facilities can be managed easier as the purchasers need to enter to a DMC as those condo/apartment buyers. While strata title is easier for the RA to manage the community, but the maintenance fees generally are higher than those individual title if not mistaken... |
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Mar 18 2014, 03:54 PM
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322 posts Joined: Jan 2012 |
QUOTE(samkps @ Mar 18 2014, 03:44 PM) Bro, regarding your 5% payment, I think you need to pay as the first billing is out. In the normal case, first 10% is the down payment, the next 10% is the piling and follow by 15% on the structural framework. Didn't link semi-D, semi-D & bungalow got sign additional DMC document? If yes, didn't it consider as strata title?SPS will come out the first billing the on the 10% for the piling, the money is either to be paid by the bank or by you. Since you only get 85% loan, I believe your bank only will pay 5% in this first billing and you will need to pay the 5% remaining. This is the normal case, but if there is some special agreement between the buyers and the developer, then there may have some exceptions. All the units in SEH including zero bungalow lots are individual title if not mistaken. Differences between individual title and strata title can be found here: https://forum.lowyat.net/topic/2243325/all Generally, landed house normally have individual title while condo/apartment will have strata title. Nevertheless, in these recent years, strata title for landed house start to gain more popularity since the amenities/facilities can be managed easier as the purchasers need to enter to a DMC as those condo/apartment buyers. While strata title is easier for the RA to manage the community, but the maintenance fees generally are higher than those individual title if not mistaken... |
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Mar 18 2014, 03:57 PM
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15,454 posts Joined: Nov 2011 |
Dear guys,
Finally SEH have added some descriptions on the link semid and semid units http://www.setiaecohill.com.my/products.asp Based on the master plan depicted, apparently all the DSL units (excluding Samanea and Saraca) are sold out. Errana, Plavia, Lecus, Merrum all sold out as well. There maybe some units available for Luzento, Monlis, Aravia, Stagnia and Tralas. Interested buyers may want to call and confirm. http://www.setiaecohill.com.my/products.asp For those who wondering where's the organic farm that SEH always refer to, following is the the farm information. It's not far from the Broga hill entrance anyway... http://www.spcorganics.com/ https://www.facebook.com/LadyBirdOrganicFarm?flyingspaghettimonster=ts |
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Mar 18 2014, 04:07 PM
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7,049 posts Joined: Aug 2009 |
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Mar 18 2014, 04:15 PM
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2,386 posts Joined: Jun 2013 |
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Mar 18 2014, 04:30 PM
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7,049 posts Joined: Aug 2009 |
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Mar 18 2014, 04:37 PM
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1,370 posts Joined: Feb 2011 |
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Mar 18 2014, 04:46 PM
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15,454 posts Joined: Nov 2011 |
QUOTE(Skyvi @ Mar 18 2014, 03:54 PM) Didn't link semi-D, semi-D & bungalow got sign additional DMC document? If yes, didn't it consider as strata title? As far as I understand.. Strata title: Developer apply the strata title -> VP -> Developer must arrange the meeting to form JMB -> JMB manage the sinking fund and maintenance fee -> JMB dissolved -> Formation of Management Corporation. Individual title: Developer apply individual title -> VP -> Depending on the purchasers want to form the RA, developer not committed to assist in forming the RA. For SEH, DSL units: individual title, depending on purchasers to form RA, clear cut cases.. SemiD/ link semiD / Bungalow units: individual title, but taking the strata pathway, sign the DMC etc.. Why? -> Perhaps for the individual title, the residents no need to pay such a high maintenance fees or sinking fund. Can SPS impose DMC onto individual title? -> Not sure, kena ask legal expert on this... |
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Mar 18 2014, 04:54 PM
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2,587 posts Joined: Jul 2009 |
QUOTE(samkps @ Mar 18 2014, 03:57 PM) Dear guys, Bro, you memang full supporter of SEH! Anyway, glad these info are updated. I think is long due and hopefully they will update the event and news too. On the unit selection day, SP setia punya photographer took many pics and also on the CNY event day Finally SEH have added some descriptions on the link semid and semid units http://www.setiaecohill.com.my/products.asp Based on the master plan depicted, apparently all the DSL units (excluding Samanea and Saraca) are sold out. Errana, Plavia, Lecus, Merrum all sold out as well. There maybe some units available for Luzento, Monlis, Aravia, Stagnia and Tralas. Interested buyers may want to call and confirm. http://www.setiaecohill.com.my/products.asp For those who wondering where's the organic farm that SEH always refer to, following is the the farm information. It's not far from the Broga hill entrance anyway... http://www.spcorganics.com/ https://www.facebook.com/LadyBirdOrganicFar...hettimonster=ts |
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Mar 18 2014, 04:54 PM
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Senior Member
7,049 posts Joined: Aug 2009 |
QUOTE(samkps @ Mar 18 2014, 04:46 PM) As far as I understand.. WAH! Sam kor hou geng woh! Strata title: Developer apply the strata title -> VP -> Developer must arrange the meeting to form JMB -> JMB manage the sinking fund and maintenance fee -> JMB dissolved -> Formation of Management Corporation. Individual title: Developer apply individual title -> VP -> Depending on the purchasers want to form the RA, developer not committed to assist in forming the RA. For SEH, DSL units: individual title, depending on purchasers to form RA, clear cut cases.. SemiD/ link semiD / Bungalow units: individual title, but taking the strata pathway, sign the DMC etc.. Why? -> Perhaps for the individual title, the residents no need to pay such a high maintenance fees or sinking fund. Can SPS impose DMC onto individual title? -> Not sure, kena ask legal expert on this... Let me study the new Strata Management Act 2013, then I'll share my view here |
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Mar 18 2014, 04:55 PM
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2,587 posts Joined: Jul 2009 |
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Mar 18 2014, 04:58 PM
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2,587 posts Joined: Jul 2009 |
Hi all DSL owners, appreciate if you guys could write in (thru email) to SEH team (ecohill@spsetia.com.my) to make a formal request to install boom gate for our precinct 1.
The more request the better chances for us to get SP Setia to install 1 for us by VP (hopefully) |
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Mar 18 2014, 04:58 PM
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7,049 posts Joined: Aug 2009 |
QUOTE(Top Gun @ Mar 18 2014, 04:37 PM) LOL ... poor gal like me, who wanna kidnap woh? Wasting of time and energy only I fall under the low income group that BBW kor referring to, earning 3k income, so can never afford any property as a result of the cold hearted flippers in the property market |
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Mar 18 2014, 04:59 PM
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7,049 posts Joined: Aug 2009 |
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Mar 18 2014, 05:00 PM
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2,386 posts Joined: Jun 2013 |
QUOTE(cheryee @ Mar 18 2014, 04:58 PM) LOL ... poor gal like me, who wanna kidnap woh? Wasting of time and energy only Pls call him YB bomoh BBW I fall under the low income group that BBW kor referring to, earning 3k income, so can never afford any property as a result of the cold hearted flippers in the property market |
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Mar 18 2014, 05:01 PM
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7,049 posts Joined: Aug 2009 |
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Mar 18 2014, 05:05 PM
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2,587 posts Joined: Jul 2009 |
QUOTE(cheryee @ Mar 18 2014, 04:59 PM) Hope so lo. Anyway thanks! and do share the strata title details. What makes me think it is a strata title becoz is a fully gated and guarded and the exterior of the units cannot be change. Those I think are part of the requirements? Anyway, I already wrong hahaha |
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Mar 18 2014, 06:58 PM
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Junior Member
181 posts Joined: Dec 2004 |
QUOTE(treehill @ Mar 18 2014, 04:58 PM) Hi all DSL owners, appreciate if you guys could write in (thru email) to SEH team (ecohill@spsetia.com.my) to make a formal request to install boom gate for our precinct 1. bro, any sample of your official email? pm me so i can email to them as well The more request the better chances for us to get SP Setia to install 1 for us by VP (hopefully) |
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