Theorectically can be done for back to back SPA.

But in practical, who want to pay 10% to lock in the sales without a stamped SPA. assuming price transacted at 900K, you pay 10% or 90K to the lawyer, and seller cannot get the payment until the SPA is stamped (unless mutually agreed). By accepting the 10%, seller locks in the current price,

Bank unlikely to finance any sub sales without VP, so the buyer is taking the risk of paying 10% without the loan approval? Buyer is taking the risk of:-

No view of actual product
No loan approval, 10% non-refundable after SPA signed.
a lot of other uncertainties.
90K stuck there for the unproductive purpose.

Any discount from developer for those already bought it? when the Phase 2 launch?

Phase 2 package and pricing not out yet.

Let say the pricing same with Phase 1, iproperty.com pricing about RM900K
how much salary/income for a person in order to qualify for the loan?

6.5k-7k gross i suppose.

As a rule of thumb. Every RM500k of loan, installment amount is around 2500pm, plus minus depending on the borrower's age

Telephoned their office, Phase 2 will launched on Jan 16. Price PSF about RM100 higher than Phase 1

This post has been edited by chiaplumbing: Sep 26 2015, 01:26 AM

then is 600 psf.

Westside 3 with all the hoohah and the only condo launched within 2015 for dpc still have more than 25% left. Foresta phase 2 with its bigger size condo and less strategic location and less prestigous developer name would be struggling if it price too ambitious.

A specially widen the road from 2 way to 4 way, they promise the road will complete with phase 1 VP. But look now......

Saw this on the foresta facebook

Hi everyone...!! I have just received confirmation from developer regarding the park facilities. The park will not be open to public and it can only be access by residents only. The park facilities within “Phase 1 boundary” will be completed during VP and as the park is privately owned and maintained by the MC, it will not be handover to the town council.

It is good new.
Congrats. Foresta having the privilege natural forest park.

Quick sketch of "Phase 1 boundary"


Attached thumbnail(s)

awesome! jom plant durian trees! then we can have annual feast

There are already existing durian trees in that forest

sitting at the huts by the lake inside the forest and enjoying durian

Waa, got hot spring ke?

cool!! haha add more musang king

Will there be a mini market/restaurant downstairs? Something like MK10, MK11 for the residents..

This post has been edited by rickyro: Sep 30 2015, 04:59 PM

Let's have it at the Sky Garden, 82 storeys from sea level