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Windows On The Park • WOTP @ Cheras South (V2), By Selangor Dredging Berhad
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SalvationArmy
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 Nov 6 2015, 08:18 PM
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QUOTE(Ditto(._.) @ Nov 6 2015, 04:31 PM) hi all, i am planning to get the last unit in block C at 600k before rebate. I have applied loan in a few banks but two of the bank only value my unit at 400k, can someone explain this? should a valuation price so much lower than the market price?  does bank consider the unit facing direction, floors, etc in the valuation? thanks Ditto, I won't be too worried about the valuation from the non panel banks. I suspect they are using transaction costs of similar developments around Cheras South area, reaching a valuation of RM450 psf. Trouble is, there is simply no comparable development to WOTP in the Cheras South area. Hence the valuation method is flawed. As someone mentioned earlier, panel banks will typically use SPA pricing as valuation. As the SPA price can be considered as market price (willing buyer, selling seller). |
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SalvationArmy
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Nov 7 2015, 10:10 PM
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QUOTE(aberdeen @ Nov 7 2015, 12:04 AM) SDB bags another award for one of their property ...Dedaun...the FiABCI malaysia property award 2015 for the category residential mid-rise...bravo SDB! This FIABCI awards is like the Oscar of the real estate industry...hope they can get an award for WOTP when is completed....maybe next year. http://www.theedgeproperty.com.my/content/...½s-property-manFunny enough, I don't recall seeing a Dedaun threat in Lowyat. Perhaps it's too niche a development. :-) |
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SalvationArmy
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Nov 7 2015, 10:11 PM
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QUOTE(HELLO HELLO @ Nov 7 2015, 04:03 PM) Yup 4 lane better. I think if they utilize the drain area n cover up as a walkway. I think they can convert the small space near the road to become small small greenery like how outside fivestones are. Also Can lower Possibility Motorcycle snatcher do snatching here. Coz harder for them to do snatching. Coz pedestrian walkway more further away from road and protected by pokok n plants. (Does not mean it won't happen. Just lower the chances of happening). Also lower the risk when kid fell down. Won't easily fall to the road... The greenery not only for good look. Also for increase the safety purpose. Need to wait n see Liao. Need to come out a checklist to double check the issues and tackle 1 by 1. I'm pretty sure they will cover it. I remember seeing a pile of drain cover near the outside walkway 2 weeks ago. |
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