Mean we start pay progress interest by July?

U mean bank in to the referral right? Do they need to open certain bank account?

Anyone know how is the sales and offer package now?Graham / Avenham still available?

Ya there are units available for both garden! You may check your personal message haha!

Hi bro, ya they will bank into Alliance Account. Eco World will request you open an Alliance Bank account in order for them to bank in the money to you. You may consult with your SA if you have not receive any letter from them. After opening the account, you have to email your acc number, prove of the letter back to Eco Grandeur.

I think so... do you know what is the calculation for the progressive interest payment? Not sure how much would it be for the first progressive interest.

Progressive interest = Loan disbursed × (number of days /365) × loan interest rate

So what should we put in for the number of days? starting from the day we need to pay until 31 dec?

how come i got 1.3mil based on your calculation? hahahaha

Thanks, any idea how many total unit of residential for whole township?

Interest payment will be on monthly basis. So it shall be till end of the month.

Im have reply to your message. haha

1.3 mil!!!? Can pls show how do you arrive at that figure?

Ohh loan disbursed! i calculate based on total loan.. hahaha sorry my bad... so for first phase will be 10% of total loan?

Provided you borrow 90% then the first loan disbursement shall be the 2 (a) stage which is 10% of the S&P amount.

Graham 1,012 units
Avenham 812 units

Thanks but there should be another residential component in near future?Or just this 2 collection for link house?

Yes, there are many phases in future. Future phases include DSL, semi D, banglo, apartment and commercial as well. The whole township will take more than 10 years to be fully developed.

This is their master plan for your reference.

Eco Grandeur first parcel of commercial - Explanad will be open for cheque collection starting today. Very likely it will be balloting system for the purchase. The below are details of cheque placement.
1. IC of purchaser(s)
2. Cheque amount of RM50,000 payable to Paragon Pinnacle Sdn Bhd
3. Purchaser Data Sheet to be completed

A) Product
2 & 3 Storey Shop-office
22' x 75' & 22' x 80' ( Intermediate )
2 Storey, RM1.4mil onwards
46' x 75' & 46' x 80' ( Corner )
3 Storey with lift, RM3.9mil onwards
6 meter ceiling height at ground floor which creates unique open space as lifestyle setting to the shop

B) Location
Explanad is located within Eco Grandeur City as commercial district of Eco Grandeur Township

C) Match Making Service
Retail Development Team is providing leasing service to match make suitable tenant to the business premise for purchasers.

D) EcoWorld Business Grant
EcoWorld Business Grant is to encourage purchasers to speedily occupy the business premise within designated timeline to further enjoy 2% to 3% rebate of property price.
1)Pioneer Grant
Occupy the business premise within 6 months from completion
2% rebate of property price over 12 month installment
2) Investment Grant
Occupy the business premise within 9 months from completion
2% rebate of property price over 12 month installment
3) Franchising Grant
Occupy the business premise within 12 months from completion
3% rebate of property price or franchising fees whichever lower, reimbursement over 3 month installment

Promotion Package
New purchaser - 3%
Existing purchaser - 5%
Introducer - 1%
Absorb GST
MOT by customer upon completion

Hewhewhew

if 10% disbursed, the progress interest will be +- 100~200 only for phase 1.

This post has been edited by Nymphetamine666: Apr 6 2017, 11:20 AM