just wana ask a noob question. can the price of new house be adjusted? saw written in spa Ada one column say price adjustment in per square metre in accordance to clause 12
Investment Bandar Rimbayu V5, The Township Nature Perfected
Investment Bandar Rimbayu V5, The Township Nature Perfected
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Jun 3 2016, 04:27 PM
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2,547 posts Joined: Oct 2007 |
just wana ask a noob question. can the price of new house be adjusted? saw written in spa Ada one column say price adjustment in per square metre in accordance to clause 12
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Jun 3 2016, 05:51 PM
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864 posts Joined: Jan 2003 From: malaysia |
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Jun 3 2016, 06:46 PM
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#103
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1,765 posts Joined: Jul 2010 |
QUOTE(belfong @ Jun 3 2016, 05:51 PM) surprise to see the price being so high as the market is not so good now. Maybe because demand for landed prop still not too bad? Hmm, I guess land is really scarce these days huh? Disclaimer: I am not an expert |
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Jun 3 2016, 08:59 PM
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283 posts Joined: Nov 2015 |
QUOTE(8sg9ft @ Jun 3 2016, 06:46 PM) Maybe because demand for landed prop still not too bad? True! landed properties (either freehold or leasehold) are getting less and less in the future... That's why the price are rocketing sky high....Disclaimer: I am not an expert |
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Jun 3 2016, 09:32 PM
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39 posts Joined: Aug 2013 |
QUOTE(mingyew @ Jun 3 2016, 01:37 PM) Have seen any leasehold land no appreciate, stagnant or appreciate in very slow paced? If you already bought leasehold properties then good luck to you. after 50-60 years your lease will be left 30-40 years . you or your children want to sell also no buyers ... so how come your think landed leasehold is on par with freehold is beyond my understanding. The point is, land is getting less and less, no matter what land also will appreciate. |
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Jun 3 2016, 09:36 PM
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All Stars
20,146 posts Joined: May 2011 |
QUOTE(tkh_1001 @ Jun 3 2016, 04:27 PM) just wana ask a noob question. can the price of new house be adjusted? saw written in spa Ada one column say price adjustment in per square metre in accordance to clause 12 Yes it can but only if developer mistakenly over built /under buikt yr house larger or smaller than 10% of the gross built up...Meaning u might have to pay for the extra 10% or they refund you. Anything +/- 10% is not claimable by either parties. |
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Jun 3 2016, 09:38 PM
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20,146 posts Joined: May 2011 |
QUOTE(rivalry @ Jun 3 2016, 09:32 PM) If you already bought leasehold properties then good luck to you. after 50-60 years your lease will be left 30-40 years . you or your children want to sell also no buyers ... so how come your think landed leasehold is on par with freehold is beyond my understanding. Not nobody wanna buy...difficult to get finance also. Therefore many current lh properties they dont wait til year 99 baru renewed... U can renew yr lease earlier...like 30/40 yrs before it expired...after renew...can sell sky high price lioa... |
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Jun 3 2016, 10:01 PM
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180 posts Joined: Jan 2003 From: Kuala Lumpur |
QUOTE(BEANCOUNTER @ Jun 3 2016, 09:38 PM) Not nobody wanna buy...difficult to get finance also. Normally how much to renew ?Therefore many current lh properties they dont wait til year 99 baru renewed... U can renew yr lease earlier...like 30/40 yrs before it expired...after renew...can sell sky high price lioa... |
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Jun 3 2016, 10:06 PM
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68 posts Joined: Oct 2008 |
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Jun 3 2016, 10:22 PM
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2,547 posts Joined: Oct 2007 |
QUOTE(BEANCOUNTER @ Jun 3 2016, 09:36 PM) Yes it can but only if developer mistakenly over built /under buikt yr house larger or smaller than 10% of the gross built up... hmm... rupanya like that. Meaning u might have to pay for the extra 10% or they refund you. Anything +/- 10% is not claimable by either parties. i saw in the spa says rm640 per square metre. but i have no idea what that figure is telling me lol. so meaning if overbuilt or underbuilt, compensation will be at the rate of rm640 per square metre of discrepancy right? |
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Jun 3 2016, 10:36 PM
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9,913 posts Joined: Jun 2014 |
QUOTE(BEANCOUNTER @ Jun 3 2016, 09:36 PM) Yes it can but only if developer mistakenly over built /under buikt yr house larger or smaller than 10% of the gross built up... The deviation btw actual and the layout per the SPA should be 2% instead of 10%.Meaning u might have to pay for the extra 10% or they refund you. Anything +/- 10% is not claimable by either parties. This post has been edited by Jasoncat: Jun 3 2016, 10:37 PM |
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Jun 3 2016, 10:57 PM
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1,765 posts Joined: Jul 2010 |
QUOTE(tkh_1001 @ Jun 3 2016, 10:22 PM) hmm... rupanya like that. Actually i'm wondering about this as well. What do they mean by "adjusted price"?i saw in the spa says rm640 per square metre. but i have no idea what that figure is telling me lol. so meaning if overbuilt or underbuilt, compensation will be at the rate of rm640 per square metre of discrepancy right? This post has been edited by 8sg9ft: Jun 3 2016, 10:59 PM |
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Jun 4 2016, 12:33 AM
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864 posts Joined: Jan 2003 From: malaysia |
QUOTE(rivalry @ Jun 3 2016, 09:32 PM) If you already bought leasehold properties then good luck to you. after 50-60 years your lease will be left 30-40 years . you or your children want to sell also no buyers ... so how come your think landed leasehold is on par with freehold is beyond my understanding. Think of it this way. We are buying not to resell during our children's time 50 years later. We are buying so our children have a roof over their head, 50 years later. At the rate the economy is going, I doubt they could afford anything when they graduate. |
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Jun 4 2016, 01:12 AM
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All Stars
20,146 posts Joined: May 2011 |
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Jun 4 2016, 01:14 AM
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All Stars
20,146 posts Joined: May 2011 |
QUOTE(belfong @ Jun 4 2016, 12:33 AM) Think of it this way. We are buying not to resell during our children's time 50 years later. We are buying so our children have a roof over their head, 50 years later. At the rate the economy is going, I doubt they could afford anything when they graduate. When yr lovely child got married they will move out 1st instance lioa.....still wait for you guys to sell salted eggs n the house meh...50 yrs later....when yr child is 50yrs old? |
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Jun 5 2016, 08:07 AM
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55 posts Joined: Feb 2015 |
QUOTE(BEANCOUNTER @ Jun 4 2016, 01:14 AM) When yr lovely child got married they will move out 1st instance lioa.....still wait for you guys to sell salted eggs n the house meh... Sure freehold is better than leasehold. It's the matter of your own choice. Don't like it, don't buy.50 yrs later....when yr child is 50yrs old? |
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Jun 5 2016, 07:12 PM
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#117
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353 posts Joined: Jan 2007 |
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Jun 6 2016, 12:11 AM
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4,177 posts Joined: Jan 2003 |
QUOTE(rivalry @ Jun 3 2016, 09:32 PM) If you already bought leasehold properties then good luck to you. after 50-60 years your lease will be left 30-40 years . you or your children want to sell also no buyers ... so how come your think landed leasehold is on par with freehold is beyond my understanding. Leasehold, buy for own stay, no problem at all, even lease expired and your offspring to headache, not you.Leasehold, buy for investment, 25 years can already see a very fruitful return, still can sell very well. So think about it. |
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Jun 7 2016, 11:50 AM
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4,177 posts Joined: Jan 2003 |
Many people say canal city deep inside no where. But if you look into very detail, the location is quite strategic. Here some facts for reference (only)
1. Canal city is actually 3km always from Kota Kemuning. Some KK resident also stay very further inside the KK which is 4km away from mcd, so extra 3km is not really a big deal 2. Canal city is very near to Puchong. From the traffic light junction to brand new millenia city puchong, is actually 10km away and 5km away from Puchong Prima. Is that far enough? 3. Canal city to MMU cyberjaya entrance is actually 18km, and 37km to KLIA metropolis, 24km to ioi city mall. 4. Canal city not under shah alam address, some people think not under shah alam like dont have premium address. But in facts is, not under shah alam mean commercial have very less restriction on entertaiment license. 5. In term of highway connection, there are Elite and SKVE (both access through Saujana Putra which is around 5km away). In future, there will be WCE. Connectivity wise, it is good biggrin.gif 6. Which area like canal city that will developer by big 4 developer at a same time with target medium to high level folks. 7. SRJK school, 2 international school, 1 special needs school and a MAHSA university effect. 8. Matured amenities is nearby, not to worry even though is a newly developed area, not like neighboring township hardly to find a good shop. 9. huge public park 85 acres with 7km jogging trail. 10. broadband ready, noneed to wait 1-2 or more years to apply when u move in to new area. busy, to be continue. This post has been edited by mingyew: Jun 7 2016, 05:27 PM |
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Jun 7 2016, 01:51 PM
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1,162 posts Joined: Jul 2014 From: Shah Alam |
QUOTE(mingyew @ Jun 7 2016, 11:50 AM) Many people say canal city deep inside no where. But if you look into very detail, the location is quite strategic. Here some facts for reference (only) Add:1. Canal city is actually 3km always from Kota Kemuning. Some KK resident also stay very further inside the KK which is 4km away from mcd, so extra 3km is not really a big deal 2. Canal city is very near to Puchong. From the traffic light junction to brand new millenia city puchong, is actually 10km away and 5km away from Puchong Prima. Is that far enough? 3. Canal city to MMU cyberjaya entrance is actually 18km, and 37km to KLIA metropolis, 24km to ioi city mall. 4. Canal city not under shah alam address, some people think not under shah alam like dont have premium address. But in facts is, not under shah alam mean commercial have very less restriction on entertaiment license. busy, to be continue. 5. In term of highway connection, there are Elite and SKVE (both access through Saujana Putra which is around 5km away). In future, there will be WCE. Connectivity wise, it is good |
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