did u apply for only 80% or Bank reduced from 90% of SPA price

Petalz has slightly more units at 565 units but the average BU is larger

http://propertyreviews.my/petalz/

Residency V has 412 units units with smaller BU

Each has its pros and cons

REsidency V should have allocate the corner units for the larger units, say at least 1,000 sq ft to 1,200 sq ft. That would have been better but corner units are mostly 800 sq ft units.

Corner umits suppose to command premium, hence, should allocate for larger units

Overall, RV cater for smaller families. Not everyone can afford or really need 1,200 sq ft.

Some people are happy to make do with just 700 to 800 sq ft of space.

Upon signing of SPA, you need only pay 3% of SPA Price.

I agree, 1,000 sq ft is the benchmark. Was a bit disappointed that their largest unit was only 909, would prefer to be at least 1,000 sq ft.

But at average of RM630++ psf, some people just cannot afford an additional RM200,000 for the 300 sq ft right now.

Some buyers prefer to buy new cos they want NEW.

Also, buying New, means overall lower entry cost as DP, Legal Fees are absorbed

But I agree, the property that we buy should cater for own stay for at least 10-years. Is the Location, size, amenities, etc

But people nowadays are worried, if think too long, people grab. No more, so they grab and worry about tomorrow later.

For all the people I know who bough a Studio Unit, about 5 of them, ALL (100%) regret cos its just too small after a few years. Luckily they can rent out to cover the loan but Capital Appreciation for Studio is much lower compared to larger units.

Not only HTC, must also look out for STP, TNB Sub Station, Places of Worship, etc.

Above all, Buy Properties with Eyes Wide Open, survey area location, at different times of day unless you are quite familiar with the surrounding areas

1. Its under Commercial Title

2. Agent say its possible to change to Residential Tarrif after VP but I won’t believe it 100%. Need buyers of other Service Apartment to share their experience of changing to Residential. How about Scott garden

3. Difference is Residential Title's tariff as compared to Commercial Title's tariff?


http://www.tnb.com.my/residential/pricing-...riff-rates.html

http://www.tnb.com.my/tnb/business/for-com...ing-tariff.html


RV is still under construction. VP in 3-yrs time. Please read earlier postings.

This post has been edited by cfa28: May 20 2014, 07:43 PM

okay, perhaps Scot Garden not a good example, what I mean is we need to tap on buyers of other Service Apartments and whether they have been successful in changing from Commercial Tarrif to Residential Tarrif.

In meantime, can use TNB Calculator to calculate the difference

http://www.tnb.com.my/residential/billing/...calculator.html

But not sure which category we fall in Low, Medium, etc

RV or most Service Apartment should be low cos for Medium category, the min monthly charge is RM600 per month



This post has been edited by cfa28: May 20 2014, 07:54 PM

Think should be Low cos so far only hear of Service Apartment owners complain that their Bills are higger than Residential but not on the monthly Min Charge of RM600 per mth

I have tabulated the difference between Residential and Low Commercial based on estimated Kw used per month



kw used / Res / Comm / Diff (%)
per mth (RM) (RM)

200 / 43.60 / 87.00 / 99.5%
300 / 77.00 / 137.90 / 79.1%
400 / 128.60 / 188.80 / 46.8%
500 / 180.20 / 239.70 / 33.0%
600 / 231.80 / 290.60 / 25.4%
700 / 286.40 / 341.50 / 19.2%
800 / 341.00 / 392.40 / 15.1%
1000 / 452.00 / 494.20 / 9.3%

So for Commercial as you use more, the difference is less obvious but almost 100% more for light users.

My monthly bill is already RM120++ so, its almost 50% more.

Must appeal for Residential Rates.

Any one here got experience in appealing before

This post has been edited by cfa28: May 20 2014, 08:07 PM

yep, it would have been better is the smallest room also had a window, although facing corridor. at least can have curtains, etc.

but what about other more dense condos, with say more than 8 or 10 units per floor, any of the rooms having no window issue?

but it does come with aircond and suppose, amongst family members, can sleep with doors open for ventilation.

else, can turn into study room for smaller famioies with only 1 child

This post has been edited by cfa28: May 20 2014, 11:16 PM

has anyone got their approval from Maybank.

Can share what is the type / name of the Loan given?

Can i ask what is the name of the Loan that appears in your Offer Letter?

Is it called MaxiHome Loan or just Term Loan ??

Tks bro, wait for your feedback and congrats.

for investment until i retire. Staying south of KL in satay town. The Loan repayment too expensive, must rent out to cover.

my sa told me APDL has been issued.

SPA can be signed anytime

get ready remaining DP

only 6 units left

Advertising Permit and Developer License

Ddveloper is not allowed to "officially" sell units / collect deposit until the APDL is issued but this ruling can be bypassed by registering interst or paying to the developer lawyer.

ecen eco world is dling that.

so on first week of official launch, developer can boast on 100% takeup

JaMeShi, yep, me too. You are free to give your comments on RV, as a buyer I do not mind

Yeah, as I said, please share.

Some of the Cons that has been stated

1) Damn narrow access road at Jalan Sepadu 5

2) Some bedrooms have no windows

very clear pics. what camera or HP u used?