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Investment EKOCHERAS @ JALAN CHERAS (V4) [MRT PROPERTY] [OT], Where Cheras becomes Mont'Jiulai

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luvdog
post Oct 31 2015, 10:19 PM

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I am planning to buy block E. SA says must use their panel banks. A whole list of them...just wondering if there is any advise on which banks have best offer? Tot best if can get some advise first before I contact them one by one. Thx!
luvdog
post Nov 1 2015, 12:20 AM

Getting Started
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Junior Member
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Joined: Jul 2009
QUOTE(Jagalat @ Oct 31 2015, 11:50 PM)
A prelim welcome ....
I am using Antbank.
Recently they requested the "Power attorney search" and buyers have to pay...
The background is, after loan agreement signed back in 2013, no draw down has yet been made and they wanna know if borrowers become bankrupt since...so they requested this search .... Leceh....
Wonder if other bank is also requesting this type of search....

Also should you plan to flip after vp, avoid those loans with lock in period..
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Hi Jagalat,

Thx for your advise. Will ask if other banks have this. On resale, I understand that usually this can only be done after Title is under own name, do u know typically when can this be done? After we get key or there are certain holding period (beside the loan lock in)?

Btw, I asked SA regarding the slow progress, SA mentioned due to 3flr basement construction which takes longer but expected completion is end 2017.


 

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