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Investment O'HAKO @ PUCHONG (Ver 2) [OWNERS' THREAD], Japan Developer Enters Malaysia

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dobson
post Nov 2 2015, 12:38 PM

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QUOTE(You Sir @ Nov 2 2015, 10:05 AM)
Haha... i really LOL when i saw this...
Since they so kind to follow what 'some' purchaser want,
actually i think all the purchaser also want more and more discount,
can developer give more discount or law firm not to charge any fees for SPA and LA??
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Just read and laugh it off.

Everyone knows its ridiculous
dobson
post Nov 2 2015, 12:41 PM

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QUOTE(frequency @ Nov 2 2015, 10:16 AM)
Honestly I have been helping my sis in law looking a house since 3-5 months.
Initially my current subsales agent pass me and telling me it is a Japan developer product.

We are quite interested but until I come across this thread and I reconfirm with the agent, he is really being honest to us and telling that there is a cemetery near by. Hence i guess we will look for alternative choice since there are many launching on the way.

I do have coll stay in tddi near cemetery, no complain so far and he likes the quiet environment. Well I guess it is up to personal preference.

But we are unsure the unit is gona be own stay or rent out and this is her first home, so better buy "safe".
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I totally agree with you Mr. frequency.

Some people don't mind the cemetery, some do. I have many friends who bought knowing that there is a 15 acre muslim cemetery nearby.

Most importantly, before you make a decision to purchase you must know that the cemetery exists!

This post has been edited by dobson: Nov 2 2015, 12:42 PM
nexona88
post Nov 2 2015, 12:47 PM

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QUOTE(frequency @ Nov 2 2015, 10:16 AM)
Honestly I have been helping my sis in law looking a house since 3-5 months.
Initially my current subsales agent pass me and telling me it is a Japan developer product.

We are quite interested but until I come across this thread and I reconfirm with the agent, he is really being honest to us and telling that there is a cemetery near by. Hence i guess we will look for alternative choice since there are many launching on the way.

I do have coll stay in tddi near cemetery, no complain so far and he likes the quiet environment. Well I guess it is up to personal preference.

But we are unsure the unit is gona be own stay or rent out and this is her first home, so better buy "safe".
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yeah. it's depend on individual preference icon_rolleyes.gif

for me, it's a big NO NO. enuf said tongue.gif
dobson
post Nov 2 2015, 12:53 PM

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QUOTE(dobson @ Nov 2 2015, 12:38 PM)
Just read and laugh it off.

Everyone knows its ridiculous
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CODE
Greetings,

Marimo Land Sdn. Bhd. (MLSB)'s solicitors Pretam, Nor & Co. would like to share the following :-

Generally, since the Sales and Purchase Agreement (SPA) is a standard agreement under Schedule H of the HOUSING DEVELOPMENT (CONTROL AND LICENSING) REGULATIONS 1989, many purchasers do not want to, and do not have to initial all of the pages.

However, if there is a purchaser who wishes to sign all of the pages, then arrangements can be made with the purchaser's lawyers to assist him in signing all of the pages.

Thank you.


Just realized something. Overlooked it when I first read the post.

How true is this line :

Generally, since the Sales and Purchase Agreement (SPA) is a standard agreement under Schedule H of the HOUSING DEVELOPMENT (CONTROL AND LICENSING) REGULATIONS 1989, many purchasers do not want to, and do not have to initial all of the pages.


Unless the purchaser is a newbie or know next to nothing, will purchaser actually not want to initialize on all pages of a proper S&P ???

This post has been edited by dobson: Nov 2 2015, 12:56 PM
thecaterpillar
post Nov 2 2015, 01:18 PM

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QUOTE(dobson @ Nov 2 2015, 12:53 PM)
CODE
Greetings,

Marimo Land Sdn. Bhd. (MLSB)'s solicitors Pretam, Nor & Co. would like to share the following :-

Generally, since the Sales and Purchase Agreement (SPA) is a standard agreement under Schedule H of the HOUSING DEVELOPMENT (CONTROL AND LICENSING) REGULATIONS 1989, many purchasers do not want to, and do not have to initial all of the pages.

However, if there is a purchaser who wishes to sign all of the pages, then arrangements can be made with the purchaser's lawyers to assist him in signing all of the pages.

Thank you.


Just realized something. Overlooked it when I first read the post.

How true is this line :

Generally, since the Sales and Purchase Agreement (SPA) is a standard agreement under Schedule H of the HOUSING DEVELOPMENT (CONTROL AND LICENSING) REGULATIONS 1989, many purchasers do not want to, and do not have to initial all of the pages.


Unless the purchaser is a newbie or know next to nothing, will purchaser actually not want to initialize on all pages of a proper S&P ???
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Lawyers stopping u from initial on each page, that is NOT okay coz u have the rights. But it's not compulsory to initial each page la. Anyway, even if you initial every page, did u guys actually read every word of it or just trust the lawyers explanation?

The signed 'draft' SPA is good to go if purchaser doesn't need to initial each page, right? So technically it's not a 'draft' la...From what I see, Developer is inviting purchaser to initial on each page (if purchaser wants to) since this issue is blown out of proportion.



dobson
post Nov 2 2015, 02:23 PM

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QUOTE(thecaterpillar @ Nov 2 2015, 01:18 PM)
Lawyers stopping u from initial on each page, that is NOT okay coz u have the rights. But it's not compulsory to initial each page la. Anyway, even if you initial every page, did u guys actually read every word of it or just trust the lawyers explanation?

The signed 'draft' SPA is good to go if purchaser doesn't need to initial each page, right? So technically it's not a 'draft' la...From what I see, Developer is inviting purchaser to initial on each page (if purchaser wants to) since this issue is blown out of proportion.
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Exactly! If it is a draft, why must purchasers sign on the last page? If its just a draft, they should just email or provide a copy to the purchaser and not tell them to purposely make a trip there to sign & settle the balance down payment. That's the main issue!

I agree with you Mr. thecaterpillar, if nobody make noise I bet they won't bother releasing those statements.
Just keep quiet and pretend.
thecaterpillar
post Nov 2 2015, 02:33 PM

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QUOTE(dobson @ Nov 2 2015, 02:23 PM)
Exactly! If it is a draft, why must purchasers sign on the last page? If its just a draft, they should just email or provide a copy to the purchaser and not tell them to purposely make a trip there to sign & settle the balance down payment. That's the main issue!

I agree with you Mr. thecaterpillar, if nobody make noise I bet they won't bother releasing those statements.
Just keep quiet and pretend.
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So my question, is it a draft? Seems like what they sign is legally binded whether they want to initial on each page or not.
nrs Ravi
post Nov 2 2015, 04:30 PM

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Awesome post........
dobson
post Nov 2 2015, 05:19 PM

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QUOTE(thecaterpillar @ Nov 2 2015, 02:33 PM)
So my question, is it a draft? Seems like what they sign is legally binded whether they want to initial on each page or not.
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My purchaser friends are told that this coming weekend, the 'final' S&P will be out.
Contents will be different compared to the one he signed few weeks back.

As I said, if its a draft why get purchasers to sign? from my shallow understanding, drafts are just rough versions of the final document (pending finalization,tweaking,touching up etc)

the lawyers told my friends that even though they are allowed to initialize on each page of the 'draft' S&P, come this 7th and 14th of November they will have to do the same on the final document.

so if you say whatever they sign initially is 'legally binded', then what is going to happen to the 'S&P' that they will be signing this coming weekend?

contents will not be the same, that's for sure.

so now you have two copies of S&P? choose one to stamp?

ini macam? smile.gif
dobson
post Nov 2 2015, 05:22 PM

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in my opinion, it should be

A) draft copy
- no signing (just baca-baca to get a rough idea of the final s&p)
- no settlement of balance down payment

b) final copy
- signing, initializing etc
- settlement of balance down payment

if u give people draft copy, how dare you ask for money?



thecaterpillar
post Nov 2 2015, 05:37 PM

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QUOTE(dobson @ Nov 2 2015, 05:19 PM)
My purchaser friends are told that this coming weekend, the 'final' S&P will be out.
Contents will be different compared to the one he signed few weeks back.

As I said, if its a draft why get purchasers to sign? from my shallow understanding, drafts are just rough versions of the final document (pending finalization,tweaking,touching up etc)

the lawyers told my friends that even though they are allowed to initialize on each page of the 'draft' S&P, come this 7th and 14th of November they will have to do the same on the final document.

so if you say whatever they sign initially is 'legally binded', then what is going to happen to the 'S&P' that they will be signing this coming weekend?

contents will not be the same, that's for sure.

so now you have two copies of S&P? choose one to stamp?

ini macam? smile.gif
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Wah, if like what u said of course cannot la... but their statement below says otherwise wohhh.

QUOTE(ohako @ Oct 30 2015, 08:14 PM)
Greetings,

Marimo Land Sdn. Bhd. (MLSB)'s solicitors Pretam, Nor & Co. would like to share the following :-

Generally, since the Sales and Purchase Agreement (SPA) is a standard agreement under Schedule H of the HOUSING DEVELOPMENT (CONTROL AND LICENSING) REGULATIONS 1989, many purchasers do not want to, and do not have to initial all of the pages.

However, if there is a purchaser who wishes to sign all of the pages, then arrangements can be made with the purchaser's lawyers to assist him in signing all of the pages.

Thank you.
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dobson
post Nov 2 2015, 08:30 PM

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QUOTE(thecaterpillar @ Nov 2 2015, 05:37 PM)
Wah, if like what u said of course cannot la... but their statement below says otherwise wohhh.
*
CODE
Greetings,

Marimo Land Sdn. Bhd. (MLSB)'s solicitors Pretam, Nor & Co. would like to share the following :-

Generally, since the Sales and Purchase Agreement (SPA) is a standard agreement under Schedule H of the HOUSING DEVELOPMENT (CONTROL AND LICENSING) REGULATIONS 1989, many purchasers do not want to, and do not have to initial all of the pages.

However, if there is a purchaser who wishes to sign all of the pages, then arrangements can be made with the purchaser's lawyers to assist him in signing all of the pages.

Thank you.

You see, the thing is... They the ones who make the following claim:-

"MANY PURCHASERS DO NOT WANT TO INITIAL ALL OF THE PAGES"

Which buyer does not want to initialize every single page of the S&P? Unless the buyer does not know, else he would definitely insist.


I might agree with the following :-

"MANY PURCHASERS DO NOT HAVE TO INITIAL ALL OF THE PAGES"

No doubt, now they say they are willing to make arrangements so that purchasers can initial on every page.
But if the purchaser initializes on every single of page the first version of the S&P, what is going to happen to the 7th and 14th of November 2015 when they come out with the FINAL S&P?
Kelvin0685
post Nov 2 2015, 09:12 PM

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QUOTE(Shaggy11 @ Nov 2 2015, 01:00 AM)
I AM A BUYER.
I read all the post from the 1st tread aka 133 pages till the 2nd tread 27 pages .
I find it very informative and I really thank everyone for their pros and cons.
I stop my cheque and call the lawyer to explain and aslo to advise the lawyer not to bank in my cheque.
I ask the lawyer why they did not tell us to initial every single page . answer was , too busy and not enuf time.
OK . I told the lawyer that I want to initial on each and eevry page of the SPA before I issue another cheque.
The lawyer is very accomodating and agree to accept my explanations.
I also told the SA that i want to my initials on each and every page n also a copy for my keeping .
SA agree and she did call and told me to go next week to initial it.
both of them agree to what I sugest .
Thank you both .
My SA and lawyer is a both very understanding .
Hope the rest of you buyers have a talk with them.
I also thank each and everyone on this forum which I learn alot of new things .
I am not a 1st time buyer . thank you again .
tongue.gif  tongue.gif  tongue.gif
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thumbup.gif rclxms.gif ...congrats to your new bought...future neighbour.... icon_idea.gif

that is great as you never influenced by someone with intention that purposely to make ppl not stick with this project...for clever buyers...they will know how to differentiate and analyse it...

rolleyes.gif

anyway we should thanks to someone that always try to make others aware of this and that...as it make serious buyers do more research and own analysis.....and then stick with this project safely....that is why I am here...hope you are too.... tongue.gif

This post has been edited by Kelvin0685: Nov 2 2015, 09:19 PM
Kelvin0685
post Nov 2 2015, 09:18 PM

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QUOTE(frequency @ Nov 2 2015, 10:16 AM)
Honestly I have been helping my sis in law looking a house since 3-5 months.
Initially my current subsales agent pass me the brochure and telling me it is a Japanese developer product.

We are quite interested but until I come across this thread and I reconfirm with the agent, he is really being honest to us and telling that there is a cemetery near by. Hence i guess we will look for alternative choice since there are many new launching on the way.

I do have coll stay in tddi near cemetery, no complain so far and he likes the quiet environment. Well I guess it is up to personal preference.

But we are unsure the unit is gona be own stay or rent out and this is her first home, so better buy "safe".
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hi....just ask ur sis in law go see by her own eye and do own site visit and analysis....it was not an issue at all....

at first after read forum...my partner also asked me reconsider other project, but after I bring her went to site and to see with her own eye and feel it....she is the one asked me to stick with this project and proceed with it.... biggrin.gif

never influenced by some comments as you need to go and see it by yourselves...then u will noticed it is totally not an issue....

especially it was quite a distance plus opposite the river....plus ohako not direct facing....with its orientation....special design and the effort from Mr John to make every buyers happy by listen all the opinions and comments...then keep on improve it....no matter from any aspects....concept, design , orientation , facilities and others....very unique and thumbup.gif
Kelvin0685
post Nov 2 2015, 09:26 PM

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QUOTE(vitagenguy @ Nov 2 2015, 09:39 AM)
Gonna sign SPA already..
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yeah....finally this time has arrived....after the long waiting due to new changes of government rule and regulation which made their APDL delayed....now everything done... flex.gif

this weekend there will be an event....let us join together.....I heard that Mr John will be there with all buyers.... rolleyes.gif


Kelvin0685
post Nov 2 2015, 09:27 PM

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just for other buyers who dunno about this event.... tongue.gif




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dobson
post Nov 2 2015, 09:47 PM

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If the person accepts the cemetery and proceeds with the purchase, congratulations!

Most importantly, if you are someone who pantang about cemeteries please be informed of the 15 acre muslim cemetery

smile.gif
wil-i-am
post Nov 2 2015, 11:30 PM

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QUOTE(Kelvin0685 @ Nov 2 2015, 09:27 PM)
just for other buyers who dunno about this event.... tongue.gif
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Any refreshments?
Kelvin0685
post Nov 3 2015, 12:31 PM

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QUOTE(wil-i-am @ Nov 2 2015, 11:30 PM)
Any refreshments?
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I think light refreshment gua....but this is not important la...I more concerned about the project....smile.gif
wil-i-am
post Nov 3 2015, 01:19 PM

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QUOTE(Kelvin0685 @ Nov 3 2015, 12:31 PM)
I think light refreshment gua....but this is not important la...I more concerned about the project....smile.gif
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For me is important as I just enjoy free meals brows.gif

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