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Investment REV.O @ BKT JALIL CITY, Revolutionary Suites Next To Pavilion 2

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TSprivilege2u
post Oct 5 2015, 09:58 PM, updated 11y ago

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This is where the REVOLUTION starts when REV.O @ Bkt Jalil City offers a Lifestyle Suites at the next most Iconic Landmark Of Malaysia.

Smack right at the doorstep to Pavilion Bukit Jalil City, REV.O Suites offers the work, play, live and lifestyle all connected in one destination.

421 FREEHOLD Units starting from only RM296k onwards.







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samkps
post Oct 5 2015, 10:14 PM

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RM296k for SOHO or SOFO or? hmm.gif hmm.gif
TSprivilege2u
post Oct 5 2015, 10:15 PM

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QUOTE(samkps @ Oct 5 2015, 10:14 PM)
RM296k for SOHO or SOFO or?  hmm.gif  hmm.gif
*
SOVO
samkps
post Oct 5 2015, 10:17 PM

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QUOTE(privilege2u @ Oct 5 2015, 10:15 PM)
SOVO
*
Commercial title? Under HDA?
TSprivilege2u
post Oct 5 2015, 10:17 PM

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QUOTE(samkps @ Oct 5 2015, 10:17 PM)
Commercial title? Under HDA?
*
Commercial title
samkps
post Oct 5 2015, 10:18 PM

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QUOTE(privilege2u @ Oct 5 2015, 10:17 PM)
Commercial title
*
Size?
RSVP
post Oct 5 2015, 10:30 PM

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Wau ! This REVO really just next to the Pavilion mall. Seems like another investment property that most buyers can afford.

This location really seems giving alot of surprises to the market.
Hopefully Bkt Jalil City will really turn to a landmark that every ones knows in future
whitegoh
post Oct 5 2015, 10:56 PM

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Haven't fully sold?

This post has been edited by whitegoh: Oct 5 2015, 10:56 PM
wil-i-am
post Oct 5 2015, 10:57 PM

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Now everyone can own a SOVO
chris.1986
post Oct 6 2015, 12:04 AM

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QUOTE(privilege2u @ Oct 5 2015, 09:58 PM)
This is where the REVOLUTION starts when REV.O @ Bkt Jalil City offers a Lifestyle Suites at the next most Iconic Landmark  Of Malaysia.

Smack right at the doorstep to Pavilion Bukit Jalil City, REV.O Suites offers the work, play, live and lifestyle all connected in one destination.

421 FREEHOLD Units starting from only RM296k onwards.
*
What is revo stands for?
TSprivilege2u
post Oct 6 2015, 10:08 AM

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QUOTE(chris.1986 @ Oct 6 2015, 12:04 AM)
What is revo stands for?
*
REVOLUTION
elmond
post Oct 6 2015, 10:42 AM

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forget about the RM290k.
what is the cheapest and size that still available now?
ILV
post Oct 6 2015, 11:20 AM

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is this new launch? thought that it was there before park sky, right?
ChuiChuiShui
post Oct 6 2015, 11:50 AM

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What is the diff between tis RevO and the previous 1? from picture, do seems lk same location?
cybermaster98
post Oct 6 2015, 12:17 PM

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Provide more details la e.g available units, sizes, promo details, financing, furnishings, completion date, etc.

Dunno why ppl like to advertise with just bare bones info. mad.gif

kochin
post Oct 6 2015, 12:23 PM

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super old liao lah.
why recycling now?

1st review oledi last year dec wor.
http://propcafe.net/the-revo-bukit-jalil-c...summary-review/

thought say super laku and cannot get any units back then?
why now resurface?
ChuiChuiShui
post Oct 6 2015, 01:24 PM

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QUOTE(kochin @ Oct 6 2015, 12:23 PM)
super old liao lah.
why recycling now?

1st review oledi last year dec wor.
http://propcafe.net/the-revo-bukit-jalil-c...summary-review/

thought say super laku and cannot get any units back then?
why now resurface?
*
Perhaps no SPA been sign? i supposeis exactly the same project hor? or is new phase?
Clement1001
post Oct 6 2015, 02:32 PM

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Smallest 377sqft! ohmy.gif
linkor
post Oct 6 2015, 03:43 PM

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may be developer wants to sell higher price. now right time to let go ~~
rsquared
post Oct 7 2015, 09:02 AM

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QUOTE(linkor @ Oct 6 2015, 03:43 PM)
may be developer wants to sell higher price. now right time to let go ~~
*
since Pavilion Bukit Jalil already confirmed - probably buyers also more bullish
TSprivilege2u
post Oct 7 2015, 10:01 PM

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Dear all, a briefing session will be organize soon for this project.

Anyone interested to join can pm me ya
Methone
post Oct 27 2015, 01:26 PM

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Official Launching on this Saturday, 30th Oct 2015.
Those who have placed booking will be the first to select their units on Saturday.

This post has been edited by Methone: Oct 27 2015, 01:44 PM


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PeriPeri2014
post Oct 27 2015, 10:50 PM

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QUOTE(Methone @ Oct 27 2015, 01:26 PM)
Official Launching on this Saturday, 30th Oct 2015.
Those who have placed booking will be the first to select their units on Saturday.
*
I tot many oledi select thier unit?? No??
Methone
post Oct 28 2015, 12:37 AM

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QUOTE(PeriPeri2014 @ Oct 27 2015, 10:50 PM)
I tot many oledi select thier unit?? No??
*
Staff and associates, yes.
Public, this Saturday onwards.
natman
post Oct 28 2015, 09:46 AM

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QUOTE(Methone @ Oct 28 2015, 12:37 AM)
Staff and associates, yes.
Public, this Saturday onwards.
*
wow quite sometimes back this project now onlt choose?

mybenz
post Oct 28 2015, 01:59 PM

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QUOTE(natman @ Oct 28 2015, 09:46 AM)
wow quite sometimes back this project now onlt choose?
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Bumi units?
Methone
post Oct 28 2015, 03:09 PM

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QUOTE(natman @ Oct 28 2015, 09:46 AM)
wow quite sometimes back this project now onlt choose?
*
This project was never released to public until now.
So this Saturday is official launch to public.

This post has been edited by Methone: Oct 28 2015, 03:35 PM
BEANCOUNTER
post Oct 28 2015, 03:45 PM

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QUOTE(Methone @ Oct 28 2015, 03:09 PM)
This project was never released to public until now.
So this Saturday is official launch to public.
*
what do you mean by "never released to public until now"?

you mean public walked into MBMR building and wanted to buy, and the SA will say NO, you cant buy it...its not available to Public......

True or not? flex.gif
jinsailoo
post Oct 28 2015, 03:48 PM

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QUOTE(BEANCOUNTER @ Oct 28 2015, 03:45 PM)
what do you mean by "never released to public until now"?

you mean public walked into MBMR building and wanted to buy, and the SA will say NO, you cant buy it...its not available to Public......

True or not? flex.gif
*
ya, unless you said you know pat kor then only can choice your unit
GC 2014
post Oct 28 2015, 03:52 PM

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SOVO means empty unit without any wall seperate bedroom & dining living hall kitchen right ? jsut selling like a square space?
BEANCOUNTER
post Oct 28 2015, 03:56 PM

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QUOTE(GC 2014 @ Oct 28 2015, 03:52 PM)
SOVO means empty unit without any wall seperate bedroom & dining living hall kitchen right ? jsut selling like a square space?
*
not necessary....some sovo comes with rooms, therefore ada partition.
Cocoon
post Oct 28 2015, 04:41 PM

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i wonder why they are releasing units now. I tot this is already sold out last year.. many taiko approach me that time.

Something not right here. this project could easily a sold out project if it is launched last year. now with all the issues and economic outlook that we are facing, it is not a walk in the park...




kochin
post Oct 28 2015, 04:46 PM

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QUOTE(Cocoon @ Oct 28 2015, 04:41 PM)
i wonder why they are releasing units now. I tot this is already sold out last year.. many taiko approach me that time.

Something not right here. this project could easily a sold out project if it is launched last year. now with all the issues and economic outlook that we are facing, it is not a walk in the park...
*
whistling.gif whistling.gif whistling.gif
and taikos also reiterated and reminded that it could be the public is not aware and do not understand or know how to appreciate the beauty of it.
and give a secondary BBB call on it.
in stock market, i would say they are giving a trading buy call? drool.gif drool.gif drool.gif
natman
post Oct 28 2015, 05:22 PM

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900 psf for revo at bukit jalil
PeriPeri2014
post Oct 28 2015, 07:27 PM

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QUOTE(natman @ Oct 28 2015, 05:22 PM)
900 psf for revo at bukit jalil
*
Wat is the psft for smaller 318sft after rebate 8%??
bigman
post Oct 28 2015, 07:35 PM

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QUOTE(Cocoon @ Oct 28 2015, 04:41 PM)
i wonder why they are releasing units now. I tot this is already sold out last year.. many taiko approach me that time.

Something not right here. this project could easily a sold out project if it is launched last year. now with all the issues and economic outlook that we are facing, it is not a walk in the park...
*
these units release are not direct from developer...is should be from those underwriters.....they make a profit min. 20% from initial price....u buy mean u just putting money into their pocket...their no risk....only buyers taking a risk...

This post has been edited by bigman: Oct 28 2015, 07:36 PM
bigman
post Oct 28 2015, 07:35 PM

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QUOTE(Cocoon @ Oct 28 2015, 04:41 PM)
i wonder why they are releasing units now. I tot this is already sold out last year.. many taiko approach me that time.

Something not right here. this project could easily a sold out project if it is launched last year. now with all the issues and economic outlook that we are facing, it is not a walk in the park...
*
these units release are not direct from developer...is should be from those underwriters.....they make a profit min. 20% form initial price....u buy mean u just putting money into their pocket...their no risk....only buyers taking a risk...
PeriPeri2014
post Oct 28 2015, 08:36 PM

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QUOTE(bigman @ Oct 28 2015, 07:35 PM)
these units release are not direct from developer...is should be from those underwriters.....they make a profit min. 20% form initial price....u buy mean u just putting money into their pocket...their no risk....only buyers taking a risk...
*
Oic. Thks for sharing smile.gif
ace77
post Oct 28 2015, 08:42 PM

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QUOTE(bigman @ Oct 28 2015, 07:35 PM)
these units release are not direct from developer...is should be from those underwriters.....they make a profit min. 20% form initial price....u buy mean u just putting money into their pocket...their no risk....only buyers taking a risk...
*
Situation don't need to rush. Every project not going sold out anyway. Further more loan very tough. For investor, may stay side line and wait for those keen seller
natman
post Oct 28 2015, 10:03 PM

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QUOTE(PeriPeri2014 @ Oct 28 2015, 07:27 PM)
Wat is the psft for smaller 318sft after rebate 8%??
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NOt sure after or before but i heard 900 psf i also run already. smallest is 307 if not wrong
bigman
post Oct 28 2015, 10:30 PM

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QUOTE(natman @ Oct 28 2015, 10:03 PM)
NOt sure after or before but i heard 900 psf i also run already. smallest is 307 if not wrong
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No car park given... Bare unit... No partition either.... Just buy 4 concrete walls...Subject to GST.....

Y people still judge Malaysians are nation tat creative n entrepreneur ?

307 sf ... Smaller than my guest bedroom...
natman
post Oct 28 2015, 10:59 PM

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QUOTE(bigman @ Oct 28 2015, 10:30 PM)
No car park given... Bare unit... No partition either.... Just buy 4 concrete walls...Subject to GST.....

Y people still judge  Malaysians  are nation tat creative n entrepreneur ?

307 sf ... Smaller than my guest bedroom...
*
4.5 yrs contruction, NO DIBS pay interest pay untill fulat biggrin.gif
twincharger07
post Oct 31 2015, 02:56 PM

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heard long queue since 8pm last night.. no one live report here?
seems they hold the unit until now to increase the price?
ChuiChuiShui
post Oct 31 2015, 03:05 PM

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The responses no joke lo...
http://ptlm.com.my/index.php/component/k2/...ince-last-night
ryan@chua
post Oct 31 2015, 03:07 PM

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QUOTE(bigman @ Oct 28 2015, 11:30 PM)
No car park given... Bare unit... No partition either.... Just buy 4 concrete walls...Subject to GST.....

Y people still judge  Malaysians  are nation tat creative n entrepreneur ?

307 sf ... Smaller than my guest bedroom...
*
Because they never come to lowyat read allthe comments here.
They like to listen and follow agents, property guru, Facebook group nonsense talk
My elder brother who lazy to do own diligence in property market, just called me this morning at the sales gallery and interested to buy. Then I shoot back him, I told him about this project early this year, but he forgot and now saying want to buy.
sweat.gif
nexona88
post Oct 31 2015, 03:35 PM

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QUOTE(ChuiChuiShui @ Oct 31 2015, 03:05 PM)
QUOTE
large crowd of at least 300 people had gathered at the main entrance of Menara MBMR, near Mid Valley City, for the official launch of REV.O at Bukit Jalil City. It was said that the queue line started from 8.00pm last night


seriously ohmy.gif shocking.gif
azhar1975
post Oct 31 2015, 03:57 PM

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300sqft for 300k...gilaaaa
Cocoon
post Oct 31 2015, 03:59 PM

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QUOTE(azhar1975 @ Oct 31 2015, 03:57 PM)
300sqft for 300k...gilaaaa
*
mostly for office use. I know some ppl start queuing up at 8pm last night. close to 900 psf.

Last year only insider marketing the project and without pavilion 2 in the picture. now sky is clearer demand is higher psf is higher too.
twincharger07
post Oct 31 2015, 04:05 PM

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QUOTE(Cocoon @ Oct 31 2015, 03:59 PM)
mostly for office use. I know some ppl start queuing up at 8pm last night. close to 900 psf.

Last year only insider marketing the project and without pavilion 2 in the picture. now sky is clearer demand is higher psf is higher too.
*
"good strategy"... boleh increase price..

but SOVO to me still pretty grey area hmm.gif
Cocoon
post Oct 31 2015, 04:07 PM

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QUOTE(twincharger07 @ Oct 31 2015, 04:05 PM)
"good strategy"... boleh increase price..

but SOVO to me still pretty grey area  hmm.gif
*
300 sf very suitable for certain business rclxms.gif
ChuiChuiShui
post Oct 31 2015, 04:22 PM

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QUOTE(nexona88 @ Oct 31 2015, 03:35 PM)
seriously  ohmy.gif  shocking.gif
*
Still..i doubted sovo cn meant for own stay..
PeriPeri2014
post Oct 31 2015, 04:57 PM

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so hot meh?? smile.gif
bukithot
post Oct 31 2015, 05:22 PM

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while we are still wondering about its super high psf and small size, the units seem like selling very hot!
pic taken 11am this morning. just two hours already not much units left....



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natman
post Oct 31 2015, 06:01 PM

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QUOTE(bukithot @ Oct 31 2015, 05:22 PM)
while we are still wondering about its super high psf and small size, the units seem like selling very hot!
pic taken 11am this morning. just two hours already not much units left....
*
Booking hot only not consider sold yet
twincharger07
post Oct 31 2015, 06:01 PM

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QUOTE(bukithot @ Oct 31 2015, 05:22 PM)
while we are still wondering about its super high psf and small size, the units seem like selling very hot!
pic taken 11am this morning. just two hours already not much units left....
*
Herm.. Mayb ppl buy 1st think later... Prop less than 400k in prime location hard to come by these days
Developer is smart using SOVO to let investors to bypass the 70% LTV ruling.. Let the buyer bear the risk after that
natman
post Oct 31 2015, 06:11 PM

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QUOTE(twincharger07 @ Oct 31 2015, 06:01 PM)
Herm.. Mayb ppl buy 1st think later... Prop less than 400k in prime location hard to come by these days
Developer is smart using SOVO to let investors to bypass the 70% LTV ruling.. Let the buyer bear the risk after that
*
construction period is 4.5 yrs and the interest is killing lo
wil-i-am
post Oct 31 2015, 06:54 PM

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Another BBB project
Btw, saw 1 full page of advertisement in The Star today
nexona88
post Oct 31 2015, 07:51 PM

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QUOTE(bukithot @ Oct 31 2015, 05:22 PM)
while we are still wondering about its super high psf and small size, the units seem like selling very hot!
pic taken 11am this morning. just two hours already not much units left....
*
wow BBB project brows.gif icon_idea.gif
Chris Chew
post Oct 31 2015, 08:38 PM

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QUOTE(bukithot @ Oct 31 2015, 05:22 PM)
while we are still wondering about its super high psf and small size, the units seem like selling very hot!
pic taken 11am this morning. just two hours already not much units left....
*
What block is this chart?

Is these included those units were booked weeks ago?

twincharger07
post Oct 31 2015, 09:36 PM

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QUOTE(natman @ Oct 31 2015, 06:11 PM)
construction period is 4.5 yrs and the interest is killing lo
*
yea.. bcos its not under HDA, developer can take their sweet time..
yck1987
post Oct 31 2015, 10:01 PM

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QUOTE(twincharger07 @ Oct 31 2015, 09:36 PM)
yea.. bcos its not under HDA, developer can take their sweet time..
*
Their progressive claim payment is following commencement or completion of the workdone ?
CAFE21
post Oct 31 2015, 10:22 PM

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QUOTE(yck1987 @ Oct 31 2015, 10:01 PM)
Their progressive claim payment is following commencement or completion of the workdone ?
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Commercial is upon commencement
yck1987
post Oct 31 2015, 10:48 PM

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QUOTE(CAFE21 @ Oct 31 2015, 10:22 PM)
Commercial is upon commencement
*
I believe not all commercial title prop is based on commencement , right ?
bukithot
post Oct 31 2015, 11:47 PM

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QUOTE(twincharger07 @ Oct 31 2015, 06:01 PM)
Herm.. Mayb ppl buy 1st think later... Prop less than 400k in prime location hard to come by these days
Developer is smart using SOVO to let investors to bypass the 70% LTV ruling.. Let the buyer bear the risk after that
*
i think booking is rm 5k, if after select unit then dun wan buy or loan reject, they deduct 2k n only refund 3k
bukithot
post Oct 31 2015, 11:48 PM

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QUOTE(Chris Chew @ Oct 31 2015, 08:38 PM)
What block is this chart?

Is these included those units were booked weeks ago?
*
rev.o only one block.
the chart includes all those internal booking ady....
bukithot
post Oct 31 2015, 11:50 PM

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QUOTE(twincharger07 @ Oct 31 2015, 09:36 PM)
yea.. bcos its not under HDA, developer can take their sweet time..
*
bro twin, what do you mean by not under HDA - what is developer advantage if not under HDA?
bukithot
post Oct 31 2015, 11:51 PM

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i guess ppl are assuming pavillion bj will be already as successful as pavillion kl. lets us see 4 years later

This post has been edited by bukithot: Oct 31 2015, 11:52 PM
Babizz
post Nov 1 2015, 12:10 AM

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i tell u pavilionz bj will do well but in a diff way la... eitherway dun think tis is a gd buy..

1kpsf for 4 walls, soxo product, ADD GST 6%, non-hda with all the usual problems+special interest calculation.. rclxm9.gif rclxm9.gif



This post has been edited by Babizz: Nov 1 2015, 12:13 AM
Chris Chew
post Nov 1 2015, 12:36 AM

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QUOTE(Babizz @ Nov 1 2015, 12:10 AM)
i tell u pavilionz bj will do well but in a diff way la... eitherway dun think tis is a gd buy..

1kpsf for 4 walls, soxo product, ADD GST 6%, non-hda with all the usual problems+special interest calculation..  rclxm9.gif  rclxm9.gif
*
Although I initially interested into it after I skipped The Park, I concur with your statement above.

Price for a shoe box like this is fine for me but since non HDA and hefty progressive interest of 4 1/2 years, thats a bit heavy cost.

JamesPond
post Nov 1 2015, 01:48 AM

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where is the park?
brapa?
post Nov 1 2015, 01:52 AM

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1000psf !!
Did i miss an incredible buy ?
willyboy88
post Nov 1 2015, 02:10 AM

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QUOTE(Babizz @ Oct 31 2015, 12:10 PM)
i tell u pavilionz bj will do well but in a diff way la... eitherway dun think tis is a gd buy..

1kpsf for 4 walls, soxo product, ADD GST 6%, non-hda with all the usual problems+special interest calculation..  rclxm9.gif  rclxm9.gif
*
yeah. agree..Let's see what happen in 4-5 years time.
mingyew
post Nov 1 2015, 02:35 AM

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pay gst also pay dou fulat.
xbox
post Nov 1 2015, 04:33 AM

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I heard GST absorb by developer?
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post Nov 1 2015, 07:35 AM

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QUOTE(Chris Chew @ Nov 1 2015, 12:36 AM)
Although I initially interested into it after I skipped The Park, I concur with your statement above.

Price for a shoe box like this is fine for me but since non HDA and hefty progressive interest of 4 1/2 years, thats a bit heavy cost.
*
This REVO and REO MCT which one better investment for u?? biggrin.gif
PeriPeri2014
post Nov 1 2015, 07:36 AM

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QUOTE(JamesPond @ Nov 1 2015, 01:48 AM)
where is the park?
*
Park Sky@BJ cool2.gif
bukithot
post Nov 1 2015, 07:39 AM

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QUOTE(Babizz @ Nov 1 2015, 12:10 AM)
i tell u pavilionz bj will do well but in a diff way la... eitherway dun think tis is a gd buy..

1kpsf for 4 walls, soxo product, ADD GST 6%, non-hda with all the usual problems+special interest calculation..  rclxm9.gif  rclxm9.gif
*
mind to elaborate the concern of non HDA project?
natman
post Nov 1 2015, 09:12 AM

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Price for a shoe box like this is fine for me but since non HDA and hefty progressive interest of 4 1/2 years, thats a bit heavy cost.
*

[/quote]


yes was interested too at the beginning but seeing psf and construction period scare scare, anyway 5 yrs down property market might be in uptrend again smile.gif
twincharger07
post Nov 1 2015, 10:18 AM

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QUOTE(bukithot @ Oct 31 2015, 11:50 PM)
bro twin, what do you mean by not under HDA - what is developer advantage if not under HDA?
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Pure commercial property buyers doesn't get the same protection as residential buyers.
according to some experts.. only SOHO falls under HDA protection, while SOVO, SOFO, and "Office Suites" are not
At the end of the day, check does the SPA consist of schedule G or H
Schedule G - 2 yrs construction, Schedule H - 3 yrs construction unless developer have to apply for extension due to special issue. This are stated by the ministry
For commercial title the duration is being agreed in the agreement between buyer and developer. any dispute can be challenged in court

http://www.iproperty.com.my/news/7982/gett...bmWP4xlCBxCr.97

This post has been edited by twincharger07: Nov 1 2015, 10:21 AM
bukithot
post Nov 1 2015, 10:21 AM

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QUOTE(twincharger07 @ Nov 1 2015, 10:18 AM)
Pure commercial property buyers doesn't get the same protection as residential buyers.
according to some experts.. only SOHO falls under HDA protection, while SOVO, SOFO, and "Office Suites" are not
At the end of the day, check does the SPA consist of schedule G or H
http://www.iproperty.com.my/news/7982/gett...bmWP4xlCBxCr.97
*
thanks! isnt this revo a SOHO?
oh, so if under hda will follow schedule % same as residential right? ok now i get it
Yamy
post Nov 1 2015, 10:21 AM

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[quote=natman,Nov 1 2015, 09:12 AM]
Price for a shoe box like this is fine for me but since non HDA and hefty progressive interest of 4 1/2 years, thats a bit heavy cost.
*

[/quote]
yes was interested too at the beginning but seeing psf and construction period scare scare, anyway 5 yrs down property market might be in uptrend again smile.gif
*

[/quote]

Think positive is construction for 4.5 years. There will be very close to end of RPGT which is 5 years. Can sell immediately after completion without tax. tongue.gif
twincharger07
post Nov 1 2015, 10:26 AM

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QUOTE(bukithot @ Nov 1 2015, 10:21 AM)
thanks! isnt this revo a SOHO?
oh, so if under hda will follow schedule % same as residential right? ok now i get it
*
Sovo.. no protection from HDA..
don't get me wrong.. not to say that without HDA is dodgy, just tat buyers need to know what they are buying into, IMHO

This post has been edited by twincharger07: Nov 1 2015, 10:26 AM
natman
post Nov 1 2015, 10:41 AM

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[quote=Yamy,Nov 1 2015, 10:21 AM]
yes was interested too at the beginning but seeing psf and construction period scare scare, anyway 5 yrs down property market might be in uptrend again smile.gif
*

[/quote]

Think positive is construction for 4.5 years. There will be very close to end of RPGT which is 5 years. Can sell immediately after completion without tax. tongue.gif
*

[/quote]


True also but for a person to pay progressive interest its different story hahahaha..... cannot imagine those if whack few and just serve the interest.
hornbill_78
post Nov 1 2015, 10:44 AM

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Which your target buyer after 5 years?
Yamy
post Nov 1 2015, 10:50 AM

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For those investor who sapu few units guess they have bullets to keep for the progressive interest. Somemore they dare to buy this year with a sluggish economic condition. Bravo!
godlikexioo
post Nov 1 2015, 10:52 AM

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QUOTE(twincharger07 @ Nov 1 2015, 10:26 AM)
Sovo.. no protection from HDA..
don't get me wrong.. not to say that without HDA is dodgy, just tat buyers need to know what they are buying into, IMHO
*
Should give some example so others know wat risk without HDA.can plaza rakyat as example?
PeriPeri2014
post Nov 1 2015, 11:08 AM

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QUOTE(Yamy @ Nov 1 2015, 10:50 AM)
For those investor who sapu few units guess they have bullets to keep for the progressive interest. Somemore they dare to buy this year with a sluggish economic condition. Bravo!
*
Some of investor have 5-6 years cash reserve in bank, sure they dare to buy lah smile.gif

This post has been edited by PeriPeri2014: Nov 2 2015, 08:06 AM
ivanpei
post Nov 1 2015, 11:18 AM

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Lowest absolute entry in BJ. Some people willing to take the risk. BJ address premium now.
Yamy
post Nov 1 2015, 11:55 AM

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QUOTE(ivanpei @ Nov 1 2015, 11:18 AM)
Lowest absolute entry in BJ.  Some people willing to take the risk. BJ address premium now.
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Casa Green rumahwip also lowest entry in BJ. 300K for 820 sqft. rclxms.gif
wil-i-am
post Nov 1 2015, 12:26 PM

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How many % sold right now?
dz91
post Nov 1 2015, 01:26 PM

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QUOTE(Yamy @ Nov 1 2015, 11:55 AM)
Casa Green rumahwip also lowest entry in BJ. 300K for 820 sqft.  rclxms.gif
*
Casa green leasehold , near HTC , high dense
This 1 just beside pavillion
How to compare o
Yamy
post Nov 1 2015, 01:44 PM

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QUOTE(dz91 @ Nov 1 2015, 01:26 PM)
Casa green leasehold , near HTC , high dense
This 1 just beside pavillion
How to compare o
*
Like that only can compare Park Sky liao.. flex.gif
bukithot
post Nov 1 2015, 02:40 PM

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[quote=Yamy,Nov 1 2015, 10:21 AM]
yes was interested too at the beginning but seeing psf and construction period scare scare, anyway 5 yrs down property market might be in uptrend again smile.gif
*

[/quote]

Think positive is construction for 4.5 years. There will be very close to end of RPGT which is 5 years. Can sell immediately after completion without tax. tongue.gif
*

[/quote]

why 4.5years? i think whole pv bj will be completed in 2019 so it is another 3.5 ywars to go, no?
Chris Chew
post Nov 1 2015, 02:43 PM

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QUOTE(dz91 @ Nov 1 2015, 01:26 PM)
Casa green leasehold , near HTC , high dense
This 1 just beside pavillion
How to compare o
*
True also.

But a residential protected by HDA vs a stratified versatile office not governed by HDA, also shouldn't be comparison.
Yamy
post Nov 1 2015, 02:51 PM

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[quote=bukithot,Nov 1 2015, 02:40 PM]
Think positive is construction for 4.5 years. There will be very close to end of RPGT which is 5 years. Can sell immediately after completion without tax. tongue.gif
*

[/quote]

why 4.5years? i think whole pv bj will be completed in 2019 so it is another 3.5 ywars to go, no?
*

[/quote]

Just get the quote from this forum for 4.5 years construction. Any genuine buyer here can provide exact years of construction since this is under commercial title.
ChuiChuiShui
post Nov 1 2015, 02:53 PM

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[quote=bukithot,Nov 1 2015, 02:40 PM]
Think positive is construction for 4.5 years. There will be very close to end of RPGT which is 5 years. Can sell immediately after completion without tax. tongue.gif
*

[/quote]

why 4.5years? i think whole pv bj will be completed in 2019 so it is another 3.5 ywars to go, no?
*

[/quote]

Park sky need 54mths..so i think they just trying to make all complete around the same period nia..

This post has been edited by ChuiChuiShui: Nov 1 2015, 02:56 PM
Yamy
post Nov 1 2015, 03:06 PM

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[quote=ChuiChuiShui,Nov 1 2015, 02:53 PM]
why 4.5years? i think whole pv bj will be completed in 2019 so it is another 3.5 ywars to go, no?
*

[/quote]

Park sky need 54mths..so i think they just trying to make all complete around the same period nia..
*

[/quote]

Actually nowadays developer tend to lengthen the construction period... 54 months is quite long. Of course progressive interest also bit jialat for 54 months.

4-5 years down the road, no idea what will be the whole bukit jalil look like?! With the progress of PV2, paradigm mall and MRCB development etc.
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post Nov 1 2015, 03:12 PM

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http://www.thestar.com.my/News/Nation/2015...uch-for-buyers/

“The buyer (flipper) might ask for RM3,500 rental but not get it, then he’ll drop the rental, then drop it and drop it again to RM2,000 or RM1,500 ... so it will be a renters market,” he says.

However, Siva stresses that it is not the entire housing sector that will be affected by lower rents; this would apply only in selected speculative sectors.

“I think it will be with the RM500,000 to RM800,000 condos, the high-end residential condos and shoebox units like SoHo, SoVo and SoFo, which have been built by the ­dozens,” he says, referring to different types of small commercial units, the small-office-home office, small-office-virtual-office, and small-office-flexible-office.


This post has been edited by twincharger07: Nov 1 2015, 03:13 PM
ryan@chua
post Nov 1 2015, 03:25 PM

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For rich definitely a good bet. Cheap and appreciation margin is high.
For poor, one miss all gone.
Chris Chew
post Nov 1 2015, 03:45 PM

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QUOTE(bukithot @ Nov 1 2015, 02:40 PM)

why 4.5years? i think whole pv bj will be completed in 2019 so it is another 3.5 ywars to go, no?
Bro, I think they talking about the Construction period of the REVo project itself is 54 months or 4 1/2 years.

When u taking loan from the bank, u have to serve the progressive interest depends on the bank released amount in this 54 months or until its completion.

Btw, if this is not governed by HDA, the developer has no obligation to put in the completion period claused within 54 months on the S&P, therefore, if the project delay to 60 months, purchasers are not protected to claim the 6 mths late delivery.

However, it is also good if they complete within 54 months and upon completion, the Pavilion Bkt Jalil is already and would be known whether REVo can be rent out for lifestyle small office.

mybenz
post Nov 1 2015, 04:16 PM

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Well o well is just a matter of ti me people will get used to non hda products.
That's for non hda product better buy from reputable developer.

Even non reputable like empire damansara sovo , that time empire mammoth not many heard, the sovo also sold and proven , location and price made it in away for rental and capital app.

The thing is for none risk taker is fine not to go. Because they are plenty people out there have a higher risk appetite.

Is the same question , if time can be reversed, would u buy empire damansara those pigeon hole soxo?
twincharger07
post Nov 1 2015, 04:52 PM

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QUOTE(mybenz @ Nov 1 2015, 04:16 PM)
Well o well is just a matter of ti me people will get used to non hda products.
That's for non hda product better buy from reputable developer.

Even non reputable like empire damansara sovo , that time empire mammoth not many heard, the sovo also sold and proven , location and price made it in away for rental and capital app.

The thing is for none risk taker is fine not to go. Because they are plenty people out there have a higher risk appetite.

Is the same question , if time can be reversed, would u buy empire damansara those pigeon hole soxo?
*
Empire damansara i tot is SOHO?
SOHO is by HDA, confirm can use for residential

any proven SOVO yet?

This post has been edited by twincharger07: Nov 1 2015, 04:55 PM
accetera
post Nov 1 2015, 05:00 PM

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Don't bother with HDA or not lah. Hahaha.

This project is already in advance construction ahead of schedule.


Note: Empire Damansara is a NON-HDA product. They do not term it SOHO or SOVO or whatnots. It is just Office Suites.

This post has been edited by accetera: Nov 1 2015, 05:00 PM
twincharger07
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QUOTE(accetera @ Nov 1 2015, 05:00 PM)
Don't bother with HDA or not lah. Hahaha.

This project is already in advance construction ahead of schedule.
Note: Empire Damansara is a NON-HDA product. They do not term it SOHO or SOVO or whatnots. It is just Office Suites.
*
yes.. non-HDA is not a bad thing as i earlier.. but at least buyers have to understand what they might get into..
godlikexioo
post Nov 1 2015, 05:45 PM

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QUOTE(twincharger07 @ Nov 1 2015, 05:09 PM)
yes.. non-HDA is not a bad thing as i earlier.. but at least buyers have to understand what they might get into..
*
Yes. To know what u buying.
If not like plaza rakyat than Gao liat LOL.
bukithot
post Nov 1 2015, 05:48 PM

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QUOTE(accetera @ Nov 1 2015, 05:00 PM)
Don't bother with HDA or not lah. Hahaha.

This project is already in advance construction ahead of schedule.
Note: Empire Damansara is a NON-HDA product. They do not term it SOHO or SOVO or whatnots. It is just Office Suites.
*
bro accetera, in advance construction period means the buyer will need to serve big amount of interest?
btw, when is the completion date?
bukithot
post Nov 1 2015, 05:49 PM

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QUOTE(Chris Chew @ Nov 1 2015, 03:45 PM)
Bro, I think they talking about the Construction period of the REVo project itself is 54 months or 4 1/2 years.

When u taking loan from the bank, u have to serve the progressive interest depends on the bank released amount in this 54 months or until its completion.

Btw, if this is not governed by HDA, the developer has no obligation to put in the completion period claused within 54 months on the S&P, therefore, if the project delay to 60 months, purchasers are not protected to claim the 6 mths late delivery.

However, it is also good if they complete within 54 months and upon completion, the Pavilion Bkt Jalil is already and would be known whether REVo can be rent out for lifestyle small office.
*
fair point! thanks Chris!
Cocoon
post Nov 1 2015, 05:57 PM

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QUOTE(bukithot @ Nov 1 2015, 05:49 PM)
fair point! thanks Chris!
*
normally non hda also got completion date and LAD charges if late delivery. However LAD for HDA is based on CCC but non hda varies, could be based on VP and not CCC. so developer could delivery a unit that has VP but no CCC cry.gif
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post Nov 1 2015, 07:49 PM

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QUOTE(kochin @ Oct 6 2015, 12:23 PM)
super old liao lah.
why recycling now?

1st review oledi last year dec wor.
http://propcafe.net/the-revo-bukit-jalil-c...summary-review/

thought say super laku and cannot get any units back then?
why now resurface?
*
Almost 1k psf.. how to laku ?? Developer sendiri lakku sendiri? Haha
bukithot
post Nov 1 2015, 09:11 PM

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QUOTE(twincharger07 @ Nov 1 2015, 04:52 PM)
Empire damansara i tot is SOHO?
SOHO is by HDA, confirm can use for residential

any proven SOVO yet?
*
-----------------------------------------------------------------------------------------------------
http://propcafe.net/the-revo-bukit-jalil-c...summary-review/
Propcafe The REV.O Risk Analysis
The Risks

Completion of Malton’s mall
Success of LRT
Widening of Bukit Jalil – Technology Park – Puchong highway
Completion of retail shops by Ho Hup
Completion of Aurora Hybrid mall
Future competition from surrounding developments
SOVO (single office versatile office)
Schedule H enforceability.
Progress billings is not similar with Schedule H
The usage
length of construction period
commercial agreement (LTV70 is not applicable)
shorter defect & liability period
[COLOR=red]

[COLOR=blue]REV.O schedule of payment

This is commercial agreement therefore the progress billings is different with Schedule H SPA.
60% progress billing will be billed on the completion of completion of concrete frame and parcel for the parcel Vs 35% under Schedule H.
After 1.April.2015, 6% GST will be chargeable outstanding progress billings

-----------------------------------------------------------------------------------------------------

How is GST actually charged? rclxub.gif
yck1987
post Nov 1 2015, 09:44 PM

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QUOTE(bukithot @ Nov 1 2015, 09:11 PM)
-----------------------------------------------------------------------------------------------------
http://propcafe.net/the-revo-bukit-jalil-c...summary-review/
Propcafe The REV.O Risk Analysis
The Risks

Completion of Malton’s mall
Success of LRT
Widening of Bukit Jalil – Technology Park – Puchong highway
Completion of retail shops by Ho Hup
Completion of Aurora Hybrid mall
Future competition from surrounding developments
SOVO (single office versatile office)
Schedule H enforceability.
Progress billings is not similar with Schedule H
The usage
length of construction period
commercial agreement (LTV70 is not applicable)
shorter defect & liability period
[COLOR=red]

[COLOR=blue]REV.O schedule of payment

This is commercial agreement therefore the progress billings is different with Schedule H SPA.
60% progress billing will be billed on the completion of completion of concrete frame and parcel for the parcel Vs 35% under Schedule H.
After 1.April.2015, 6% GST will be chargeable outstanding progress billings

-----------------------------------------------------------------------------------------------------

How is GST actually charged?  rclxub.gif
*
Did developer promise to absorbed GST or buyers bear by themselves?
bukithot
post Nov 1 2015, 09:50 PM

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QUOTE(yck1987 @ Nov 1 2015, 09:44 PM)
Did developer promise to absorbed GST or buyers bear by themselves?
*
not sure...
if no absorb how much to pay?
yck1987
post Nov 1 2015, 09:53 PM

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QUOTE(bukithot @ Nov 1 2015, 09:50 PM)
not sure...
if no absorb how much to pay?
*
standard rate for GST effective from 1 April 2015 is 6%
Maneki-neko
post Nov 1 2015, 10:07 PM

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QUOTE(bukithot @ Nov 1 2015, 09:50 PM)
not sure...
if no absorb how much to pay?
*
That i think u gotta ask the banker. Maybe every bill that comes out from the bank is subject to 6% GST shocking.gif
Nymphetamine666
post Nov 1 2015, 11:09 PM

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I would go for High Park Suites in KJ rather than this. Reputable developer somemore..MMC-Gamuda. But pricey a bit. 800-900 psf.
Chris Chew
post Nov 2 2015, 01:13 AM

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QUOTE(bukithot @ Nov 1 2015, 09:50 PM)
not sure...
if no absorb how much to pay?
*
Haha. Depends on purchase price and your loan loh, bcz standardized 6% on top of each billing.

Not sure if the dev is absorbing the GST. Maybe owner could verify here.
kochin
post Nov 2 2015, 09:01 AM

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QUOTE(mybenz @ Nov 1 2015, 04:16 PM)
Well o well is just a matter of ti me people will get used to non hda products.
That's for non hda product better buy from reputable developer.

Even non reputable like empire damansara sovo , that time empire mammoth not many heard, the sovo also sold and proven , location and price made it in away for rental and capital app.

The thing is for none risk taker is fine not to go. Because they are plenty people out there have a higher risk appetite.

Is the same question , if time can be reversed, would u buy empire damansara those pigeon hole soxo?
*
if everybody starts accepting non-hda products with residential usage in mind, then it will be very good news to developers. they can start producing spaces which are less stringent to residential compliances and also front load billings with no standard obligations as governed presently. thumbup.gif

QUOTE(Nymphetamine666 @ Nov 1 2015, 11:09 PM)
I would go for High Park Suites in KJ rather than this. Reputable developer somemore..MMC-Gamuda. But pricey a bit. 800-900 psf.
*
it's gamuda only, without MMC. MMC-Gamuda is a JV solely for MRT line 1. not even for Line 2.
natman
post Nov 2 2015, 09:05 AM

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QUOTE(Chris Chew @ Nov 2 2015, 01:13 AM)
Haha. Depends on purchase price and your loan loh, bcz standardized 6% on top of each billing.

Not sure if the dev is absorbing the GST. Maybe owner could verify here.
*
Another question arise about GST, if gst is base on loan than its not correct.

example a person get 85% loan need to pay GSt than those that buy cash ?
kochin
post Nov 2 2015, 09:08 AM

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QUOTE(natman @ Nov 2 2015, 09:05 AM)
Another question arise about GST, if gst is base on loan than its not correct.

example a person get 85% loan need to pay GSt than those that buy cash ?
*
gst is on property price, not on the loan.
perhaps you are referring to gst on loan legal fees, etc.
natman
post Nov 2 2015, 09:09 AM

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QUOTE(kochin @ Nov 2 2015, 09:08 AM)
gst is on property price, not on the loan.
perhaps you are referring to gst on loan legal fees, etc.
*
Yes kochin kor smile.gif
Chris Chew
post Nov 2 2015, 10:39 AM

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QUOTE(natman @ Nov 2 2015, 09:05 AM)
Another question arise about GST, if gst is base on loan than its not correct.

example a person get 85% loan need to pay GSt than those that buy cash ?
*
I mean it's depends on the property price and the loan, but not GST based on loan.

GST is to pay by purchaser according to a progressive billing, say i/e if developer bill your bank for RM 100k disbursement, the bank is releasing RM 100k but at the same time, the developer would put a separate billing of RM 6k GST charges to the you or to purchaser. So, it's not based on loan but related due to the same period.

The loan legal fees, disbursement fee, etc are all subject to GST as well.

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post Nov 2 2015, 01:23 PM

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QUOTE(bukithot @ Nov 1 2015, 07:11 AM)

Schedule H enforceability.
Progress billings is not similar with Schedule H
The usage
length of construction period
commercial agreement (LTV70 is not applicable)
shorter defect & liability period[/size]

[COLOR=blue]REV.O schedule of payment

This is commercial agreement therefore the progress billings is different with Schedule H SPA.
60% progress billing will be billed on the completion of completion of concrete frame and parcel for the parcel Vs 35% under Schedule H.
After 1.April.2015, 6% GST will be chargeable outstanding progress billings

-----------------------------------------------------------------------------------------------------

How is GST actually charged?  rclxub.gif
*
I thought some say dont bother whether HDA or not? the difference in the above mentioned schedule can add a lot of $$$ over 5 yrs.. in 2020 can sell for 1.5kpsf for office soxo??

If one believes so+ the power of pavi mall next door, then go for it!
Cocoon
post Nov 2 2015, 01:37 PM

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QUOTE(Babizz @ Nov 2 2015, 01:23 PM)
I thought some say dont bother whether HDA or not? the difference in the above mentioned schedule can add a lot of $$$ over 5 yrs.. in 2020 can sell for 1.5kpsf for office soxo??

If one believes so+ the power of pavi mall next door, then go for it!
*
Yes.. will be 2000 psf . u dive i dive rclxms.gif
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post Nov 2 2015, 04:36 PM

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QUOTE(Lamb.Chop @ Nov 1 2015, 07:28 PM)
I am considering buying this or reo mct. Which is better? Heard mct workmanship not so good. But closer to mrt n cheaper compare to this ?
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both also tak holeh pakai but if u reli hv to go for 1, i would buy this.. At least i know this mall will do well/ok while tht mall u will cry sad.gif
PeriPeri2014
post Nov 2 2015, 05:11 PM

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QUOTE(Lamb.Chop @ Nov 2 2015, 09:28 AM)
I am considering buying this or reo mct. Which is better? Heard mct workmanship not so good. But closer to mrt n cheaper compare to this ?
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Buy both pls smile.gif
HarpArtist
post Nov 2 2015, 05:25 PM

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QUOTE(Babizz @ Nov 2 2015, 01:23 PM)
I thought some say dont bother whether HDA or not? the difference in the above mentioned schedule can add a lot of $$$ over 5 yrs.. in 2020 can sell for 1.5kpsf for office soxo??

If one believes so+ the power of pavi mall next door, then go for it!
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2020 everything complete..super glut. if intend to flip. sell by hook or crook by 2019. oh wait...4.5 yrs building period and non hda. brows.gif
natman
post Nov 2 2015, 06:18 PM

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QUOTE(Chris Chew @ Nov 2 2015, 10:39 AM)
I mean it's depends on the property price and the loan, but not GST based on loan.

GST is to pay by purchaser according to a progressive billing, say i/e if developer bill your bank for RM 100k disbursement, the bank is releasing RM 100k but at the same time, the developer would put a separate billing of RM 6k GST charges to the you or to purchaser. So, it's not based on loan but related due to the same period.

The loan legal fees, disbursement fee, etc are all subject to GST as well.
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Yes sorry chris kor i read wrongly becasue of haze seeing things also blur blur. biggrin.gif cool2.gif
Chris Chew
post Nov 2 2015, 06:49 PM

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QUOTE(natman @ Nov 2 2015, 06:18 PM)
Yes sorry chris kor i read wrongly becasue of haze seeing things also blur blur.  biggrin.gif  cool2.gif
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Aiyo nat kor. No prob. Sharing is caring.

I also learning and try to dig more info about non HDA commercial prop and the GST involvement.

kheekuan
post Nov 2 2015, 09:24 PM

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QUOTE(Chris Chew @ Nov 1 2015, 04:45 PM)
Bro, I think they talking about the Construction period of the REVo project itself is 54 months or 4 1/2 years.

When u taking loan from the bank, u have to serve the progressive interest depends on the bank released amount in this 54 months or until its completion.

Btw, if this is not governed by HDA, the developer has no obligation to put in the completion period claused within 54 months on the S&P, therefore, if the project delay to 60 months, purchasers are not protected to claim the 6 mths late delivery.

However, it is also good if they complete within 54 months and upon completion, the Pavilion Bkt Jalil is already and would be known whether REVo can be rent out for lifestyle small office.
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Such reasonably lower density compared to The Park needing 4.5 years? shakehead.gif
Chris Chew
post Nov 3 2015, 12:05 AM

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QUOTE(kheekuan @ Nov 2 2015, 09:24 PM)
Such reasonably lower density compared to The Park needing 4.5 years?  shakehead.gif
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I also intend to know. Lolz.

TSprivilege2u
post Nov 3 2015, 08:48 PM

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FYI, all small units been booked within 2 hours on saturday. Now left limited 596sf to go

nexona88
post Nov 3 2015, 08:51 PM

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How many % sold? hmm.gif
bukithot
post Nov 3 2015, 09:28 PM

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QUOTE(privilege2u @ Nov 3 2015, 08:48 PM)
FYI, all small units been booked within 2 hours on saturday. Now left limited 596sf to go
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Mind to share the treatment of GST? Developer pay or buyer pay?
PeriPeri2014
post Nov 3 2015, 09:48 PM

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QUOTE(privilege2u @ Nov 3 2015, 08:48 PM)
FYI, all small units been booked within 2 hours on saturday. Now left limited 596sf to go
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BBB mode smile.gif
yck1987
post Nov 3 2015, 10:39 PM

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QUOTE(bukithot @ Nov 3 2015, 09:28 PM)
Mind to share the treatment of GST? Developer pay or buyer pay?
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I assume that if developer never mentioned to absorb it means buyers to pay? What about the SPA disbursements fees?

This post has been edited by yck1987: Nov 3 2015, 10:56 PM
lument1234
post Feb 19 2023, 07:11 PM

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There's no thread for discussion on the upcoming Flex Sovo project which is just within proximity of revo?

 

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