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Casa Green @ Bukit Jalil V2, Residensi Hijauan Bukit Jalil
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Gaz Guzzler
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 Dec 29 2015, 09:31 AM
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Getting Started
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QUOTE(Villary @ Dec 28 2015, 05:14 PM) Hi all, I just received a call from my Maybank banker. He told me that my bank already disbursed RM135k to developer. Does anyone facing the same situation as me? I am first time buyer so not really sure on the progressive billing thingy but as I heard from developer, they will start asking from bank to disburse money from bank according to the construction progress. So far I went to the site they just doing the base? Not even saw the structure of the car park yet. Is it reasonable for developer to ask my bank to disburse RM135k which is equal to 30% of the amount i loan from bank?? Please advice as I am really clueless. Btw, I am block B owner. Thanks in many many advance. QUOTE(tongyk @ Dec 28 2015, 11:10 PM) progress seems very slow, only few bangla work at site, YTD I yet receive any notification yet for disbursement, I am Block A owner. Correct me if I am wrong, but I thought it is okay for them to ask for disbursement fees of 30% 10% for SNP 20% For Pilings and Ground Works Am I not right? Usually the progressive billings will have an architect to approve the progression as well.. So should be okay IMHO |
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jinsailoo
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Dec 29 2015, 10:39 AM
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QUOTE(Villary @ Dec 28 2015, 05:14 PM) Hi all, I just received a call from my Maybank banker. He told me that my bank already disbursed RM135k to developer. Does anyone facing the same situation as me? I am first time buyer so not really sure on the progressive billing thingy but as I heard from developer, they will start asking from bank to disburse money from bank according to the construction progress. So far I went to the site they just doing the base? Not even saw the structure of the car park yet. Is it reasonable for developer to ask my bank to disburse RM135k which is equal to 30% of the amount i loan from bank?? Please advice as I am really clueless. Btw, I am block B owner. Thanks in many many advance. it was writen in the SNP how developer draw the money from bank, not only architect approve, the bank also will do their job to check on the progress |
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bigman
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Dec 29 2015, 11:31 AM
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QUOTE(Villary @ Dec 28 2015, 05:14 PM) Hi all, I just received a call from my Maybank banker. He told me that my bank already disbursed RM135k to developer. Does anyone facing the same situation as me? I am first time buyer so not really sure on the progressive billing thingy but as I heard from developer, they will start asking from bank to disburse money from bank according to the construction progress. So far I went to the site they just doing the base? Not even saw the structure of the car park yet. Is it reasonable for developer to ask my bank to disburse RM135k which is equal to 30% of the amount i loan from bank?? Please advice as I am really clueless. Btw, I am block B owner. Thanks in many many advance. Should be 20% progress claim... Cannot be 30% 10% upon signing snp 10% completion of foundation 15% completion of structural frame up to ur unit .... You can refer to schedule H in snp For your info... The progress claim is all the same for all development under HDA This post has been edited by bigman: Dec 29 2015, 11:34 AM |
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keane04
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Dec 30 2015, 07:48 PM
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QUOTE(bigman @ Dec 29 2015, 11:31 AM) Should be 20% progress claim... Cannot be 30% 10% upon signing snp 10% completion of foundation 15% completion of structural frame up to ur unit .... You can refer to schedule H in snp For your info... The progress claim is all the same for all development under HDA Should be 10% only as they still doing the foundation work. Cannot b claiming the 15% of the structural frame. |
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Yamy
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Dec 31 2015, 11:58 AM
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The next upcoming payment should be the completion of sewerage system which is 5%. Expected by January 2016. Structural will be later of 2016. Got this update from their office.
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DisneyHome
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Dec 31 2015, 05:24 PM
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QUOTE(Yamy @ Dec 31 2015, 11:58 AM) The next upcoming payment should be the completion of sewerage system which is 5%. Expected by January 2016. Structural will be later of 2016. Got this update from their office. So fast another 5% !!!  If look at surrounding construction progress, Block C & Block A not fully finished the groundwork  |
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Yamy
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Dec 31 2015, 06:57 PM
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QUOTE(DisneyHome @ Dec 31 2015, 05:24 PM) Fast fast payment.. .Fast fast complete.... fast fast move in too. |
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yeoh85
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Dec 31 2015, 08:06 PM
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Getting Started
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QUOTE(Yamy @ Dec 31 2015, 06:57 PM) Fast fast payment.. .Fast fast complete.... fast fast move in too. Then we fast fast become House Slave.. Haha |
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Gaz Guzzler
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Jan 3 2016, 06:53 PM
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Getting Started
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Hi there.. Anyone knows the progress of block C?
Just kowtim my government loan, loan agreement letter to be submitted tmrw.
Still waiting for the progress billing from the developer
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tonytyk
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Jan 3 2016, 11:31 PM
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QUOTE(Yamy @ Dec 31 2015, 11:58 AM) The next upcoming payment should be the completion of sewerage system which is 5%. Expected by January 2016. Structural will be later of 2016. Got this update from their office. Who you got the due date for next 5% progressive payment? Boey or Prema? |
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wkyrichie
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Jan 4 2016, 02:00 PM
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Getting Started
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I never get a single notification on progressive payment yet. Block A here. Should i be worried?
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yeoh85
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Jan 4 2016, 02:45 PM
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Getting Started
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QUOTE(wkyrichie @ Jan 4 2016, 02:00 PM) I never get a single notification on progressive payment yet. Block A here. Should i be worried? Same haven't receive any disbursement from bank for progressive billing.. Anyone contact developer office / bank regarding this for Block A..? |
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Yamy
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Jan 4 2016, 06:47 PM
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QUOTE(tonytyk @ Jan 3 2016, 11:31 PM) Who you got the due date for next 5% progressive payment? Boey or Prema? The guy inside one of the room... |
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tonytyk
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Jan 4 2016, 07:38 PM
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QUOTE(Yamy @ Jan 4 2016, 06:47 PM) The guy inside one of the room... Wow |
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TSFat3Twister
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Jan 6 2016, 10:40 AM
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QUOTE(Villary @ Dec 28 2015, 05:14 PM) Hi all, I just received a call from my Maybank banker. He told me that my bank already disbursed RM135k to developer. Does anyone facing the same situation as me? I am first time buyer so not really sure on the progressive billing thingy but as I heard from developer, they will start asking from bank to disburse money from bank according to the construction progress. So far I went to the site they just doing the base? Not even saw the structure of the car park yet. Is it reasonable for developer to ask my bank to disburse RM135k which is equal to 30% of the amount i loan from bank?? Please advice as I am really clueless. Btw, I am block B owner. Thanks in many many advance. If I'm not mistaken the letter is not stating that the bank has already disbursed 135k to developer, instead it's a letter of advice from lawyer to the bank to advice the bank to release the first 135k to MBSB, the bridging loan financier and the subsequent payment to the developer's HDA account. |
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TSFat3Twister
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Jan 6 2016, 10:41 AM
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QUOTE(Yamy @ Dec 31 2015, 11:58 AM) The next upcoming payment should be the completion of sewerage system which is 5%. Expected by January 2016. Structural will be later of 2016. Got this update from their office. Yes, sewerage works first. Probably first quarter 2016. |
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cky6667
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Jan 6 2016, 10:57 AM
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Anyone start paying interest??
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JustNobody
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Jan 6 2016, 11:15 AM
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QUOTE(Yamy @ Dec 31 2015, 11:58 AM) The next upcoming payment should be the completion of sewerage system which is 5%. Expected by January 2016. Structural will be later of 2016. Got this update from their office. I don't see this 5% in the architect fee collection list.... How this came from? The item in the list split? |
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yeoh85
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Jan 6 2016, 01:44 PM
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Getting Started
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QUOTE(cky6667 @ Jan 6 2016, 10:57 AM) Anyone start paying interest?? Start paying MRTA interest which forced to be attached with the Loan.. |
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yeoh85
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Jan 6 2016, 02:02 PM
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Getting Started
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Any block A buyer which attached with Gan & Zul get back their stamped S&P + LoanAgreement..?
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