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 SETIA ECOHILL 2, Starter landed link house below 500k

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HarpArtist
post Mar 31 2016, 01:41 PM

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QUOTE(PeriPeri2014 @ Mar 31 2016, 01:40 PM)
err....450k possible?? bruce.gif
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no prizes for guessing rclxms.gif
mthc
post Mar 31 2016, 01:43 PM

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QUOTE(HarpArtist @ Mar 31 2016, 01:17 PM)
when ppl throw price and got someone to pick up pieces overall market still ok...when throw price and no takers that's the prob. wait a few mths see if 499 is sold, or as still there, or becomes 469 brows.gif
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Won't la. This place is bulletproof. Now got mazda and some cafes some more. Price sure UUU.
HarpArtist
post Mar 31 2016, 01:46 PM

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QUOTE(mthc @ Mar 31 2016, 01:43 PM)
Won't la. This place is bulletproof. Now got mazda and some cafes some more. Price sure UUU.
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u forgot the ayam hotels also eh
TSsamkps
post Mar 31 2016, 01:47 PM

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Wah nice... one sales advertisement can have so many speculation.. Later I try to put a 300k ads, perhaps can create more hype.. laugh.gif laugh.gif
mthc
post Mar 31 2016, 01:50 PM

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QUOTE(HarpArtist @ Mar 31 2016, 01:46 PM)
u forgot the ayam hotels also eh
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Don't know. Seminyik kor say ad speculation. Better don't say so much. Everything we see online are speculated. Shhhhhhh.... oops. Support a bit ma.

Those ayam hotel are speculated also. Don't simply say leh.. pipu bu suka. Everywhere also got ayam hotel. I live in kampung surrounded by ayam hotel also. Poor ma what to do

This post has been edited by mthc: Mar 31 2016, 01:51 PM
TSsamkps
post Mar 31 2016, 01:54 PM

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SEH 2 shall launch soon... rclxms.gif rclxms.gif Schedule I property..
10cent
post Mar 31 2016, 03:30 PM

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Received sms first to see setia ecohill 2 in aeon mahkota cheras from today rclxms.gif
Jasoncat
post Mar 31 2016, 04:48 PM

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QUOTE(samkps @ Mar 31 2016, 01:54 PM)
SEH 2 shall launch soon...  rclxms.gif  rclxms.gif  Schedule I property..
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Samkor - SEH2 will start with build-then-sell (10/90)?
lai_dm
post Mar 31 2016, 06:01 PM

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QUOTE(Jasoncat @ Mar 31 2016, 04:48 PM)
Samkor - SEH2 will start with build-then-sell (10/90)?
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ya received sms "pay 10% DP , 90% upon completion,


need samkor to clarify
OPT
post Mar 31 2016, 06:47 PM

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QUOTE(10cent @ Mar 31 2016, 03:30 PM)
Received sms first to see setia ecohill 2 in aeon mahkota cheras from today rclxms.gif
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Also terima...but not able to attend... bye.gif
hian1989
post Mar 31 2016, 07:18 PM

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currently stay in mahkota cheras,after dinner will go there 6c6c
Longshot
post Mar 31 2016, 08:03 PM

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QUOTE(hian1989 @ Mar 31 2016, 07:18 PM)
currently stay in mahkota cheras,after dinner will go there 6c6c
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please take some pictures and report back notworthy.gif
hian1989
post Mar 31 2016, 08:19 PM

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10/90 is something like dibs scheme,pay 10% during sign SPA,within construction period no need pay interest,after completion only apply for bank loan,but when i ask detaily whether hw bout loan rejected after applying loan,the staff told me the package havent finalised yet,so she not so sure about it.
Attached Image

2storey 20x65 start from 5xx-6xxk

Attached Image

Semi d 32x60 start from 7xxk
Longshot
post Mar 31 2016, 08:22 PM

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QUOTE(hian1989 @ Mar 31 2016, 08:19 PM)
Attached Image

10/90 is something like dibs scheme,pay 10% during sign SPA,within construction period no need pay interest,after completion only apply for bank loan,but when i ask detaily whether hw bout loan rejected after applying loan,the staff told me the package havent finalised yet,so she not so sure about it.
Attached Image

2storey 20x65 start from 5xx-6xxk

Attached Image

Semi d 32x60 start from 7xxk
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Thanks for the pictures.
Any idea which part of the township they launching first?
TSsamkps
post Mar 31 2016, 10:56 PM

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QUOTE(Jasoncat @ Mar 31 2016, 04:48 PM)
Samkor - SEH2 will start with build-then-sell (10/90)?
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Jason gor, yeah, build-then-sell concept, Schedule I property. Nonetheless, purchaser not buying an complete unit, they still need to wait for 2 years for the completion. Just during the construction period, there is no need of purchaser to come out any progressive payment or serving any interest.

Only cash-rich and establish developer would be able to do it, because the developer shall bear all the cost during the construction period, for small developer shall face severe cash flow problem.

The info from SA:

Let say property SPA price: RM 550k

Purchaser pay 10% down payment: RM 55k

During the construction period until 6 months before vacant possession, purchaser has to secure a loan. Nonetheless, purchaser no need to pay any progressive payment or interest during the construction period.

Within 21 working days after the vacant possession, the purchaser loan shall release the remaining 90% to the developer.

I have been told if the purchaser able to secure the loan within the early period (still not sure within how many months), purchaser shall entitle for some "early bird" rebate.

This post has been edited by samkps: Mar 31 2016, 10:58 PM
TSsamkps
post Mar 31 2016, 11:08 PM

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QUOTE(Longshot @ Mar 31 2016, 08:22 PM)
Thanks for the pictures.
Any idea which part of the township they launching first?
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The 4 plots near to Wetland... 3 plots of DSL and 1 plot of cluster SemiD.

This post has been edited by samkps: Mar 31 2016, 11:12 PM


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Kenleo
post Mar 31 2016, 11:09 PM

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QUOTE(10cent @ Mar 31 2016, 03:30 PM)
Received sms first to see setia ecohill 2 in aeon mahkota cheras from today rclxms.gif
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Congratulations 🎉! Wishing that with great combination of ecohill 1&2 and ecomajestic master plan. The only first and greater eco sustainable vision city is transforming well in Malaysia in higher gear. Cheer!
Jasoncat
post Mar 31 2016, 11:10 PM

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QUOTE(samkps @ Mar 31 2016, 10:56 PM)
Jason gor, yeah, build-then-sell concept, Schedule I property. Nonetheless, purchaser not buying an complete unit, they still need to wait for 2 years for the completion. Just during the construction period, there is no need of purchaser to come out any progressive payment or serving any interest.

Only cash-rich and establish developer would be able to do it, because the developer shall bear all the cost during the construction period, for small developer shall face severe cash flow problem.

The info from SA:

Let say property SPA price: RM 550k

Purchaser pay 10% down payment: RM 55k

During the construction period until 6 months before vacant possession, purchaser has to secure a loan. Nonetheless, purchaser no need to pay any progressive payment or interest during the construction period.

Within 21 working days after the vacant possession, the purchaser loan shall release the remaining 90% to the developer.

I have been told if the purchaser able to secure the loan within the early period (still not sure within how many months), purchaser shall entitle for some "early bird" rebate.
*
Thanks for info.

Yeap, one reason why BTS can't be "forcefully" implemented accross the industry (as originally planned by the government) is the needs for strong financial standing which not many developers (inclu d ing the reputable ones) have that kind of capacity.

Just wonder on the last para - why there is a need to incentive the purchaser to secure the loan early as the loan (up to 90%) will still only be drawdown upon completion hmm.gif
TSsamkps
post Mar 31 2016, 11:16 PM

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QUOTE(Jasoncat @ Mar 31 2016, 11:10 PM)
Thanks for info. 

Yeap, one reason why BTS can't be "forcefully" implemented accross the industry (as originally planned by the government) is the needs for strong financial standing which not many developers (inclu d ing the reputable ones) have that kind of capacity.

Just wonder on the last para - why there is a need to incentive the purchaser to secure the loan early as the loan  (up to 90%) will still only be drawdown upon completion hmm.gif
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The sooner the purchaser secure the loan, the sooner SP Setia can "guarantee" seal the deal. The developer hence encourage the purchaser to secure loan fast (with some incentive), although it is BTS concept.

Otherwise, the purchaser shall need to leverage their earning (loan) capability after 18 months.
TSsamkps
post Mar 31 2016, 11:27 PM

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QUOTE(hian1989 @ Mar 31 2016, 08:19 PM)
Attached Image

10/90 is something like dibs scheme,pay 10% during sign SPA,within construction period no need pay interest,after completion only apply for bank loan,but when i ask detaily whether hw bout loan rejected after applying loan,the staff told me the package havent finalised yet,so she not so sure about it.
Attached Image

2storey 20x65 start from 5xx-6xxk

Attached Image

Semi d 32x60 start from 7xxk
*
Yeah, still not sure yet what's the "penalty" if purchaser can't secure the loan after 18 months.

Nonetheless, just a wild guess, presumably it should be something similar like terminating the SPA for the Ecohill 1 property, as stated in their offer letter (clause 7.3).

Just a guess though, maybe different.


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