CITIZEN @ OLD KLANG ROAD BY BINASTRA LAND (VER 2), next to Lee Chong Wei Sports Complex
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 Mar 8 2016, 10:04 AM
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#1
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Junior Member
32 posts Joined: Jan 2007 
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Hi, is any buyer taking Maybank's loan? Is it mandatory to take their Etiqa Takaful fire insurance as I was told it's already taken care by the developer. So it's now double charged for both buyer and developer. Anyone facing the same case?
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Mar 10 2016, 06:43 PM
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#2
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Junior Member
32 posts Joined: Jan 2007
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QUOTE(jeffshirlyn @ Mar 10 2016, 10:29 AM) yea, asked but havent got the reimbursement back. that $$ suppose use it to pay interest, now gonna use own $$ pay 1st. haiz.. I got mine last Monday. I was told the dev take one month plus to process n reimburse once the 1st release issued by your bank.only thing we can do is everyday call the developer till thy beh tahan..lol   |
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Apr 11 2018, 10:28 AM
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#3
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Junior Member
32 posts Joined: Jan 2007
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Hi, has any CitiZen owner received call from developer firm on the request of MOT and the MOC payment execution? how much? shouldn't be this would be bear by the developer?
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Apr 11 2018, 10:47 AM
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#4
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Junior Member
32 posts Joined: Jan 2007
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QUOTE(aaron1717 @ Apr 11 2018, 10:44 AM) seldom gt project in KL will include free MOT in your package one wor.... where u heard it will be bear by developer.... i was wondering.. couldn't recall during S&P sign off.  means MOT and MOC should bear by the owner? it's around 17K for both...  |
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Apr 11 2018, 10:53 AM
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#5
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Junior Member
32 posts Joined: Jan 2007
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QUOTE(aaron1717 @ Apr 11 2018, 10:49 AM) yea... bear by owner themselves... usually free MOT will only provided for those landed projects at outskirt locations... KL high-rises so far no developer provide such package... they will only provide more cash rebate aje to cover for the increase in SPA price.... Thanks, Bro!btw, the MOT gov stamp duty is so fxxking expensive!  |
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Apr 11 2018, 10:58 AM
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#6
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Junior Member
32 posts Joined: Jan 2007
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QUOTE(AskarPerang @ Apr 11 2018, 10:54 AM) Great if able to do the MOT straight. Can get your strata title straight. Easier to sell your unit after this. just received the quotations from the firm.Older projects all wont do MOT until after 2-3 years after completion, some even worse more than 10 years still master title. The era of property flipping ends I guess. Anyway I dont think is so expensive until 17k? How much is your unit price? my unit price is 600+ |
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Apr 11 2018, 11:03 AM
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#7
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Junior Member
32 posts Joined: Jan 2007
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QUOTE(aaron1717 @ Apr 11 2018, 10:54 AM) if the property you bought is below 500k and first time house buyer... you can get a discount... but if not mistaken citizen 1 dont have any unit below 500k SPA price... so just have to pay the full....  |
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Apr 11 2018, 11:05 AM
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#8
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Junior Member
32 posts Joined: Jan 2007
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QUOTE(emment85 @ Apr 11 2018, 11:00 AM) Can i know what is MOC? As i check with my agent, i need to pay around 17k for the MOT as my unit was about 700k. Is the legal fees we need to pay also? Memorandum of Transfer (“MOT”) which is the transfer document to register your name in the strata title of the Property.Btw they already started to call to ask owner to pay for this ? i tot will be after 1 or 2 years after key collection. Memorandum of Charge (“MOC”) in favour of Bank’s name to enable the charge in favour of Bank’s name to be registered yes, they do called and ask to settle the payment within 30 days. so, i'm here to see others have got the same payment request or not. also, the charges for both MOT & MOC. This post has been edited by st3ve: Apr 11 2018, 11:18 AM |
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Apr 11 2018, 11:48 AM
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#9
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Junior Member
32 posts Joined: Jan 2007
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QUOTE(jun_ng_1208 @ Apr 11 2018, 11:37 AM) Hi Steve, NIK HUSSAIN & PARTNERSSo you're saying that you were contacted by the law firm to ask you to pay the MOT and MOC recently? May I know which firm that called you? Is it T.S Ong & Associates? |
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Apr 11 2018, 03:56 PM
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#10
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Junior Member
32 posts Joined: Jan 2007
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Just called n verified with Binastra that all buyers have to bear all cost/charges for MOT & MOC.
payment have to be settle before key collection. good luck folks!  |
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Apr 12 2018, 12:47 AM
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#11
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Junior Member
32 posts Joined: Jan 2007
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QUOTE(MrBlackie33 @ Apr 11 2018, 07:01 PM) Bro find me one property which doesnt require buyers to pay MOT themselves...i think none in market...not that i heard of perhaps try IMDB...  |
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Apr 19 2018, 05:09 PM
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#12
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Junior Member
32 posts Joined: Jan 2007
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C1 owners, check your S&P clause 12.
Does it mean the MOT shall be bear by the developer instead? |
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Apr 20 2018, 03:16 PM
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#13
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Junior Member
32 posts Joined: Jan 2007
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QUOTE(hhho @ Apr 19 2018, 05:40 PM) According to Clause 11 of S&P, refer to attached. TQ Purchaser will bear the cost of strata title transfer to ur own name that is call s&p stamp duty(MOT)  |
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Apr 23 2018, 05:40 PM
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#14
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Junior Member
32 posts Joined: Jan 2007
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QUOTE(raymondha @ Apr 23 2018, 05:06 PM) recently i keep receiving sms from someone self claimed property agent asking me whether wanna sell or rent my unit..... good price? |
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