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Investment EKOCHERAS @ JALAN CHERAS (Ver 3) [MRT PROPERTY], Where Cheras becomes Mont'Jiulai

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Jagalat
post Jul 14 2015, 04:00 PM

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QUOTE(accetera @ Jun 7 2015, 04:46 PM)
110 pages first.
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Arriving to page 110....
restful increase
post Jul 14 2015, 04:20 PM

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QUOTE(prozac88 @ Jul 14 2015, 03:32 PM)
Can we form a facebook group for all eko cheras buyers to discuss there?
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can discuss in this low yat ma..
restful increase
post Jul 14 2015, 04:23 PM

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QUOTE(gks @ Jul 14 2015, 03:48 PM)
What if the project abandoned or seller brankrupt before the SPA is executed?
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you can state the terms in the s&p like the buyer takes back his 10% deposit if seller bankcrupt or project abandoned.
gks
post Jul 14 2015, 04:42 PM

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QUOTE(restful increase @ Jul 14 2015, 04:23 PM)
you can state the terms in the s&p like the buyer takes back his 10% deposit if seller bankcrupt or project abandoned.
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The problem is how it is defined as abandoned?

And second how would you know the seller is brankrupt during the next 3-4years?

And third if the deposit is paid to the seller, the seller may not even refund the deposit. Unless it is parked with stakeholder until the completion of SPA which i believe the seller is not keen.

The buyer need to be aware of many risks buying under OTP under construction period. Unless seller could guarantee direct transfer from developer.
TSaccetera
post Jul 14 2015, 06:34 PM

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Thread 4 continues here >>> https://forum.lowyat.net/topic/3648832

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