Car Park for RV

Sizes : 645sf, 699sf, (1-Car Park)

814sf, 909sf (2-Car Park but Tandem Parking. Was told its standard lot size ant not small lot size. Should be able to park 2-C segment or perhaps 1-B segment and 1-D segment)

1,724sf (penthouse, 1 unit only) - No idea, did not ask.

Can I check with you, on the type of Loan that Maybank approved in your Letter of Offer, does it state something like MaxiHome Loan, etc

I am keen on specific details, i.e. name of Loan that appears in your Offer Letter cos mine was stated as Term Loan.

I was under impression that Name of Loan should be MaxiHome XXX. Then it can be fixed term loan or full flexi loan.

For my other Offer Letter, it had the Name of Loan, such as OCBC Home Loan xx

cos Maybank has a product called 'Term Loan"

But my Loan was just called Term Loan.

Maybank brand name of MaxiHome does not appear any where. Thus wanna ask does your Offer Letter says MaxiHome xxx

This post has been edited by cfa28: May 29 2014, 02:41 PM

Don't think it will be so soon. APDL just issued. You should inform the SA on who is your Bank that you will be using so that they can also start work on the Loan Agreements and u can sign both SPA and Loan Agreements on the same day.

Heard SPA / Loan Agreements can be signed at the Sales Gallery.

This post has been edited by cfa28: May 29 2014, 03:02 PM

Bro, u signed the Offer Letter only or also the Loan Agreements such as Facility Agreement, Deed of Assignment, etc.

Normally, Loan Lawyer will not recommend to sign the actual Loan Agreements until the SPA is signed cos its a Condition Precedent in the Loan Agreement that the SPA must be executed first.

no problem bro, was concerned that if u signed the Loan Agreement and somehow did not sign the SPA, it will be complicated.

please send invite to me if any FB group is created for RV

Has anyone been informed when they can sign the SPA?

Lawyer not very efficient, should have prepared immediately after Buyers sign Booking Fee right.

Then just key in the Developer details after getting APDL.

Already more than 1-week after APDL is out, still no news yet on signing of SPA.

meaning on 13 June? What about your Loan Agreement, signing in same day also?

congrats bro, will ask my wife to follow up with our sales agent.

645 sq feet starts from RM450K

http://www.iproperty.com.my/propertylistin...sidence-forsale

814 and 909 sq feet starts from RM675 psf

All this is before freebies

but heard that its almost 95% sold out - but sure to have loan reject units

Refer to first post by the Tread Starter.

All freebies are stated there

Also refer http://www.iproperty.com.my/propertylistin...sidence-forsale

look at the **Free

All freebies are highlighted in the first post.

Anymore u have to ask the Sales Agents but I doubt it as Sales have been strong but no harm asking

Perhaps u can ask if the Penthouse is for sale

can't access FB but its quite difficult to really monitor that only genuine buyers of RV are allowed to join the FB Group

SPA is not signed yet and honestly, I am not comfortable to reveal which unit I bought

Any ideas how to ensure only genuine buyers / owners join the Group

Perhaps after SPA is signed, we.can scan the.cover page of the SPA but.censor the unit number.

After u have compiled the details, u can create a close group.

Btw, may also need to censor out the full name too.

What do u think of this proposal?

Not possible Bro. Would u pay RM200 to RM300 a month, just for parking in your own condo unit.

Most people willing to pay max RM100 to RM150 per mth.

But even at that rate, the yields are better than FD

RM100 per mth = 5.45%
RM150 per mth = 8.18%
RM200 per mth = 10.91%
RM300 per mth = 16.36%

please elaborate more. Am thinking of getting an additional Car Park. u sure its safe to park outside the condo along Jln Sepadu 5 at night?

if u can treart full flexi loan like your savings account, u can then utlise to the max.

Salary in - deposit into Full Flexi Account together with Loan Installment Account at beginning of month

Withdraw weekly expenses via ATM and finish by end of Month

U can still save on interest when your money is not fully spent

This is the way to maximise benefits of Full Flexi Account

Assume if you deposit at beginning of month, your Salary, say RM5K and every week u take out RM1K as expenses

RM5K * 4.20% / 365 days * 7 days = RM4.02
RM4K * 4.20% / 365 days * 7 days = RM3.22
RM3K * 4.20% /365 days * 7 days = RM2.42
RM2K * 4.20% / 365 days * 7 days = RM1.61

Total interest savings = RM11.27 per month

With Full Flexi Loan, its better to put your excess funds here rather than in FD.

So, if u can park RM10K per year in the Full Flexi Loan:

Year 1 - RM10K * 4.20% = RM420
Year 2- RM20K * 4.20% = RM840
Year 3- RM30K * 4.20% = RM1,260

If u need the funds back for big purchase, just withdraw without any penalty, save for the lost interest savings

This post has been edited by cfa28: Jun 5 2014, 05:17 PM