QUOTE(sasuke123 @ Mar 31 2017, 11:58 AM)
very attractive as well during night vision. Investment THE ERA @ DUTA NORTH, The New Era Begins Now
Investment THE ERA @ DUTA NORTH, The New Era Begins Now
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Apr 3 2017, 04:38 PM
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Apr 5 2017, 07:29 PM
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#362
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620 posts Joined: Jul 2007 |
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Apr 5 2017, 08:27 PM
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Apr 5 2017, 08:55 PM
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Apr 5 2017, 11:20 PM
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Apr 6 2017, 08:14 AM
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Apr 6 2017, 03:06 PM
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#367
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Apr 6 2017, 08:25 PM
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Apr 7 2017, 10:47 AM
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#369
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Apr 7 2017, 09:10 PM
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Apr 8 2017, 07:52 AM
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Don't be overawed with the booking status, in today's market, bookings with no firmed commitments (deposit of 5k and above) would have less than 10% conversion rate.
In any event, the new laws NOW allow a purchaser to recoup 100% of the booking fee, and developers are not allowed to charge admin fee or any fee under whichever name in the event that the purchaser does not wish to proceed with his purchase. |
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Apr 9 2017, 06:11 PM
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1,646 posts Joined: Jan 2017 |
QUOTE(intoxicat @ Apr 8 2017, 07:52 AM) Don't be overawed with the booking status, in today's market, bookings with no firmed commitments (deposit of 5k and above) would have less than 10% conversion rate. The new law already officially running?In any event, the new laws NOW allow a purchaser to recoup 100% of the booking fee, and developers are not allowed to charge admin fee or any fee under whichever name in the event that the purchaser does not wish to proceed with his purchase. |
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Apr 9 2017, 08:39 PM
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115 posts Joined: Mar 2017 |
Regulation 11(2) of the HOUSING DEVELOPMENT (CONTROL AND LICENSING) REGULATIONS 1989
"No housing developer shall collect any payment by whatever name called except as prescribed by the contract of sale." This means that the developer cannot forfeit any of you booking fee, for whatever reasons (administrative fee or service fee whatever) in the event that you do not wish to proceed to sign the sale and purchase agreement (even if you already have the letter of offer from the bank and the developer is aware of this). So, you can actually place any deposit for a property with a developer and walk away whenever you want and get full refund. This only applies to residential properties. |
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Apr 11 2017, 03:00 PM
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#374
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QUOTE(intoxicat @ Apr 9 2017, 08:39 PM) Regulation 11(2) of the HOUSING DEVELOPMENT (CONTROL AND LICENSING) REGULATIONS 1989 but era is a good developer they very nice"No housing developer shall collect any payment by whatever name called except as prescribed by the contract of sale." This means that the developer cannot forfeit any of you booking fee, for whatever reasons (administrative fee or service fee whatever) in the event that you do not wish to proceed to sign the sale and purchase agreement (even if you already have the letter of offer from the bank and the developer is aware of this). So, you can actually place any deposit for a property with a developer and walk away whenever you want and get full refund. This only applies to residential properties. |
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Apr 11 2017, 03:07 PM
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All Stars
10,188 posts Joined: Apr 2012 |
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Apr 11 2017, 05:20 PM
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#376
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620 posts Joined: Jul 2007 |
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Apr 11 2017, 05:28 PM
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633 posts Joined: Apr 2014 |
QUOTE(intoxicat @ Apr 9 2017, 08:39 PM) Regulation 11(2) of the HOUSING DEVELOPMENT (CONTROL AND LICENSING) REGULATIONS 1989 ?"No housing developer shall collect any payment by whatever name called except as prescribed by the contract of sale." This means that the developer cannot forfeit any of you booking fee, for whatever reasons (administrative fee or service fee whatever) in the event that you do not wish to proceed to sign the sale and purchase agreement (even if you already have the letter of offer from the bank and the developer is aware of this). So, you can actually place any deposit for a property with a developer and walk away whenever you want and get full refund. This only applies to residential properties. This is news to me. When did this get approved? Recently? |
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Apr 11 2017, 06:39 PM
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Apr 11 2017, 10:11 PM
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Apr 12 2017, 10:43 AM
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