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Investment SETIA ECO TEMPLER | CARSON CREEK, Home to The Legend of Nine Creeks

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Double K
post May 17 2016, 09:07 PM

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And also if Eco Templer address change to Selayang the price won't be Rm850k, coz secondhand 20-30yrs old house 22x75 selling was Rm680-750k here
nexona88
post May 17 2016, 09:09 PM

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QUOTE(David3700 @ May 17 2016, 07:47 PM)
When VP in 2019, remaining years are 75......
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sps might apply tn make it 99 years again..
nexona88
post May 17 2016, 09:12 PM

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QUOTE(TOMEI-R @ May 17 2016, 06:37 PM)
If KV areas for that price, you have to start queing from KLCC to Rawang to buy one.  laugh.gif
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hahahaha so true laugh.gif
David3700
post May 17 2016, 09:13 PM

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QUOTE(Jasoncat @ May 17 2016, 08:47 PM)
I reasonably believe SPS will extend the tenure to 99 yrs now or when handover else the buyers will lose out 20+ yrs instead of just 3 - 4 yrs being the norm.  Buyers better confirm with SPS.
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I am not sure if it is possible to renew the land back to 99 years with 75 years still remaining.

Maybe somebody with some experience on this could advise.....

My experience is no. The developer just act blur if nobody question them......
David3700
post May 17 2016, 09:18 PM

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QUOTE(mingfei2u @ May 17 2016, 05:23 PM)
Is this project in Selayang or Rawang or Sg Buloh?? Quite confusing~
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Eventually the postal address will have the final say.
If it is Rawang, then should be Rawang lah.....
Of course, it will be the best if it is Selayang.

By the way, what is Dolomite address ?
TSaccetera
post May 17 2016, 09:52 PM

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I think the address should be postcode in Rawang.
TOMEI-R
post May 17 2016, 10:06 PM

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QUOTE(David3700 @ May 17 2016, 09:13 PM)
I am not sure if it is possible to renew the land back to 99 years with 75 years still remaining.

Maybe somebody with some experience on this could advise.....

My experience is no. The developer just act blur if nobody question them......
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Hope this still applies now under PR government.

Leasehold renewal for Selangor properties.

This post has been edited by TOMEI-R: May 17 2016, 10:07 PM
David3700
post May 17 2016, 10:15 PM

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QUOTE(TOMEI-R @ May 17 2016, 10:06 PM)
Hope this still applies now under PR government.

Leasehold renewal for Selangor properties.
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Those nearing expiry will defintely get it. But I am curious whether got 75 years remaining can get it done or not.......

The developer may just say dun wori lah, will definitely can get extension one when the time comes......still got 75 years mah.....
BEANCOUNTER
post May 17 2016, 10:18 PM

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QUOTE(samkps @ May 17 2016, 01:18 PM)
M residence 2 link houses is strata title with gate? VP already?  hmm.gif
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Yes....
Vp soon i guess...within the next 2 months qua....
TOMEI-R
post May 17 2016, 10:23 PM

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QUOTE(David3700 @ May 17 2016, 10:15 PM)
Those nearing expiry will defintely get it. But I am curious whether got 75 years remaining can get it done or not.......

The developer may just say dun wori lah, will definitely can get extension one when the time comes......still got 75 years mah.....
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I dont think the developer will do anything unless the buyers create a big fuss over this issue. Then again, according to the SA, there is a 110 people waiting list for their terrace houses now (not sure true or not) unsure.gif , Im pretty sure others are willing to take your unit.
David3700
post May 17 2016, 10:28 PM

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QUOTE(TOMEI-R @ May 17 2016, 10:23 PM)
I dont think the developer will do anything unless the buyers create a big fuss over this issue. Then again, according to the SA, there is a 110 people waiting list for their terrace houses now (not sure true or not) unsure.gif , Im pretty sure others are willing to take your unit.
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Buyers also not wori, why the developer need to do extra right ?


wil-i-am
post May 17 2016, 10:50 PM

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QUOTE(accetera @ May 17 2016, 09:52 PM)
I think the address should be postcode in Rawang.
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Wat is d probability?
Jasoncat
post May 17 2016, 10:53 PM

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QUOTE(David3700 @ May 17 2016, 09:13 PM)
I am not sure if it is possible to renew the land back to 99 years with 75 years still remaining.

Maybe somebody with some experience on this could advise.....

My experience is no. The developer just act blur if nobody question them......
*
If I'm not mistaken, it's doable but seldom people will renew the lease while the remaining lease period is still long as the calculation of lease premium takes into account the whole 99 years to be renewed instead of the 99 years less the remaining years. The formula is 0.25 × 0.01× price psf × land area × lease tenure (99 yr), so it's not worth to renew it earlier.

Anyway, I stand to be corrected.
David3700
post May 17 2016, 11:03 PM

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QUOTE(Jasoncat @ May 17 2016, 10:53 PM)
If I'm not mistaken, it's doable but seldom people will renew the lease while the remaining lease period is still long as the calculation of lease premium takes into account the whole 99 years to be renewed instead of the 99 years less the remaining years. The formula is 0.25 × 0.01× price psf × land area × lease tenure (99 yr), so it's not worth to renew it earlier.

Anyway, I stand to be corrected.
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Thanks for the advise and clarification. ...

numbbell
post May 17 2016, 11:13 PM

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actually rawang or selayang doesn't matter cos eventually address will catch up just like kajang. regardless of address I personally love that area as its close to nature at the moment.
Happy fish
post May 17 2016, 11:26 PM

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QUOTE(numbbell @ May 17 2016, 11:13 PM)
actually rawang or selayang doesn't matter cos eventually address will catch up just like kajang. regardless of address I personally love that area as its close to nature at the moment.
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Agreed rclxms.gif
nexona88
post May 17 2016, 11:33 PM

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QUOTE(numbbell @ May 17 2016, 11:13 PM)
actually rawang or selayang doesn't matter cos eventually address will catch up just like kajang. regardless of address I personally love that area as its close to nature at the moment.
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thumbsup.gif the place is nice
nexona88
post May 17 2016, 11:35 PM

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QUOTE(David3700 @ May 17 2016, 10:15 PM)
Those nearing expiry will defintely get it. But I am curious whether got 75 years remaining can get it done or not.......

The developer may just say dun wori lah, will definitely can get extension one when the time comes......still got 75 years mah.....
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well that's the risk needed to be taken into consideration cool2.gif
David3700
post May 17 2016, 11:36 PM

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QUOTE(nexona88 @ May 17 2016, 11:35 PM)
well that's the risk needed to be taken into consideration  cool2.gif
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That's one of the risk for LH properties. ....
nexona88
post May 17 2016, 11:41 PM

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QUOTE(David3700 @ May 17 2016, 11:36 PM)
That's one of the risk for LH properties. ....
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others risk? hmm.gif hmm.gif

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