Dear all, I'm thinking to buy this condo for my 1st investment plan. Would like to check whether this project is worth?

Hi, I'm referring to the public 1200sft with dual key system

is Platinum OUG entitle for HOC stamp exemption ?

It don't cost the developer anything to apply for HOC. and it benefit it's buyers.

even already sold out, what we need is a cerf to claim the MOT 3 years later. So, even after Sign S&P, we can apply.

i was told, yes.

I doubt they need to do it for PV OUG, at HOC there was only 1 unit left for this project, they were already absorbing the MOT and SAP for the non rumawip units. Plus I think the rebate was around 10% anyway.

Any idea what's the difference between the developer just giving the 10% + free MOT on their own accord vs it being given through HOC?

Was planning on it but I went Friday by Sunday when called up it was sold.

Now all units been spoken for with confirmed SAP, oh well the one that got away I guess.

I have a question. Public Bank only willing to give 80% loan for PV OUG. Can I assume that Public Bank done their valuation and think it only worth 80% from the original price?

Not really. you can't say it is high density by looking at the number of unit.

 

i would say this is low to medium density.

is the completion date 30-Jun-2021 ??

This project is walkable to lrt?

Block A and B common problems is built quality. Leaking is here and there. Built material terrible. Some part of the wall can be punched. Haha

Very bad planning by developer such as the facilties placing.. half ramp system that make you travel 3km down to the exits from level 7, glacier shot put from water drainage at lower level, tnb sub station at front side but shoplot facing backward…

The most funniest thing is their marketing. Clumsy and caca merba on how they divide the facilities. Its acceptable that the PPAM unit dont have the pools but very kelakar the taman outside are only for block B, while the surau is for all residence (which only can fit 10 people).

The marketing also very confusing that made block A and B comes into arguement about the entrance. Marketing team says there will be 2nd entrance for PPAM while there is no such thing in SNP.

Yes. Putting 3 scheme in 1 project is such headache as PPAM price is wayyyyyyy cheaper than RUMAWIP and wayyyyyyyyyyyy cheaper than OP

The plaintiffs alleged that they had been misled by the defendant's representations about the purchase of the property, specifically the separate entrances between Block A and Block B, which justified a significant price difference.

“The plaintiffs also alleged severe defects in the common facilities provided by the defendant. Although some rectification work has been done, the defendant has not completed or rectified the access card facilities or established access control in a shared common area.

“Despite notifying the defendant multiple times about safety-related defects, no action has been taken, and the lack of access separation and clear signage between Block A and Block B is impacting Block B residents’ financial prospects,” said the group.

https://www.msn.com/en-my/money/topstories/...1a30daae&ei=115

2nd lelong unit sold from here today.
at 3rd round reauction.

single bidder won unchallenged at 453,600.
for 1250sqft dual key unit.

first lelong unit also sold at this price end of last year.

good catch?

Hearsay got developer warned purchasers to withdraw suit otherwise will sabotage and cause property value to drop further, developer could always cabut by opening new company

If there was a second entrance , how would block B owners know though? It would be for block A props and only would be drawn in block A SNP? Just a thought.

In addition, got 1 block A unit kena lelong, price around 1.5x or 2x higher than bought price.