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Investment NIDOZ RESIDENCES | RESIDENSI D'NURI [OT], The Colours of Freedom is Nestled Here

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sizune
post Aug 25 2015, 04:57 PM

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In case of Petalz,

Exsim collected booking fee on Q3-2013, and S&P was only signed and stamped in Q2-2014 (approximate). The reason is that Exsim launched Petalz without APDL..

Withdrawing money is really fast on Petalz but construction progress and speed is quite good.
sizune
post Aug 28 2015, 10:43 AM

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QUOTE(winfred9 @ Aug 27 2015, 10:19 PM)
Yes, agree that construction is pretty fast. Believe all purchaser should be happy with this.

However the question is not this. People was questioning about the claim doesn't follow the construction sequence which most of the developers usually don't do that.
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Totally agree.. Exsim claimed drainage completion so early!! mad.gif
sizune
post Sep 1 2015, 01:52 PM

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QUOTE(speedbankrupt @ Aug 31 2015, 12:57 PM)
I am a Petalz buyer and here is the payment schedule:

Schedule of Payment of Purchase Price :-   
   
                                                                                % Paid  Pmt Date
1 Immediate upon the signing of this agreement (Booking Fee)  10%  24-Jun-13
  Balance of 10% upon signing S&P                                  10-Mar-14

2 Within 21 working days after receipt by the Purchase of the Vendor's written notice of the completion of:   
a work below ground level of the building - incl foundation 10%  14-Dec-14
g drains serving the building                                                  5%  14-Mar-15
h roads serving the building                                                  5%  14-May-15

As you can see, the booking fee was paid on 24 Jun 2013 and the S&P signed on 10 Mar 2014.  It was 6 months from the promised S&P signing date.

The rest of the collections was quite fast.
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Exactly. When booking fee was paid in 2013. I heard that the property will be completed on 2016 but somehow the S&P delayed almost a year.... yawn.gif

 

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