I can see this contruction work day and night from beginning till now. lol. Only thing is i dotn know how the excess will be. if refer to propcafe, new road is by using jalan sinar which i think is much better than using the current road to naga mas. The people living along jln sinar will make noise lo.

Are you staying at taman naga emas? I've been there once, indeed the jalan sinar road is very small. If there's no new excess road to be built, people gonna suffer wei...haha

You mean Jalan Cahaya? Yea, its gonna be great if go via that road too to reduce congestion but the roads in there also quite narrow...

Yes I am, in fact, very near to the site. Yea, this is one of the concern now, I'm pretty sure all this will be sorted out soon. Let's hope there will be a road directly to Besraya highway.

You see, there is this Institut Sosial Malaysia nearby, maybe they can create a new road leading there? so that we can go out easily

https://goo.gl/maps/eE1KmMRSQpu

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You live nearby also

Yes

The new access will be after junction to naga mas, which is jalan sinar to jalan perkasa 1.

Oh ya, saw it now. I tot its called Jalan Cahaya.. In fact its next to each other

You registered a unit too by the way?

http://www.mymrt.com.my/hawk-eye-view/index.html

Go to the side and select station s24, looks like it'll be located right next to this development. Very good!

This post has been edited by EgKev: Nov 4 2015, 01:20 PM


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Looks like there are building an access road too? If this is true, then this will be definitely a good buy but pros aside, has anyone heard about this developer before? I know they recently completed a few projects within Bandar Tun Razak, permaisuri but other than that, I don't hear much about them. Not sure how's the quality like and etc.

Not sure bro, seems like they just VP their Suasana Lumayan condo, can keep track of the thread to see if people complain or not.

Then again, if they do sell it at only 300k, their GDV is only RM153 million over a 4 acre plot land. Seems quite low so don't think can expect too much.

Good thing is it's actually one of the lower density RUMAWIP out there I believe.. 512 units over 4 acres for the price, largest RUMAWIP there is and next to MRT isn't too horrible

Yeah, location wise and build up is good and selling for 300K, really not much we can complain but I'm a bit skeptical as previously they open up for registration and at one point, there's no news at all and now re-opening again.. not sure what really happened there

Isn't tak cukup orang register project so can't launch now and re-open for register ..coz who is invite need go putrajaya balloting unit and datuk datuk will be there for launching lol

I also got register this project and DBKL got called me received my document but they don't know when will launch it, they also waiting developer to inform them for future step

Haha! Maybe you are right, now it's being handle by developer I guess as I received a letter from them asking me to submit additional docs.

Anyone knows which is the panel bank for this project?

Hasn't launch bro, I think they are still finalizing the applicants..

I see. I'm checking out the housing loan from different banks, seems like the interest rate is high at 4.5 to 4.7 and loan margin up to 90% now.

Is there 100% loan since we are first home buyer?

If you're a first home buyer, check out this website to see if you qualify for 100% loan http://www.srp.com.my/docs/html/faq.html.

Generally interest rate is higher when your loan amount is lower (in this case, 270k or 300k) depending on your eligibility. However, I think you should be able to get around 4.45 to 4.5 for this amount (check with the numerous agents on this forum), internet 'quotes' are always higher.

Bro, do u think borrow 100% is good deal? Or its not advisable to do so? I'm kind of noob in these kind of cases. Please enlighten me.

You have any known banker that can introduce? With good deal

I'm not an expert myself but if you go here http://www.calculator.com.my/home-loan-cal...or#.Vjm3Jqg0VcY.

Input RM300k loan with RM0 downpayment, interest of 4.5% and 35 years loan, your installment is RM1,419. Total interest over 35 years is RM296k

With a downpayment of RM30k, with same interest and loan duration, your installment is RM1,277 and total interest over 35 years is RM266k.

With this information, I would definitely take 100% loan because if you put down 30k as downpayment, you only save RM30k in interest which is poor. This means you're getting 0 returns out of your 30k. Put that 30k that you have even in FD and that 30k will become RM95k in 30 years time! This is using 3.3% as the interest rate. If you invest in something that gives better returns, it'll be even more.

This post has been edited by EgKev: Nov 4 2015, 03:51 PM