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Investment ARA TRE' RESIDENCES @ ARA DAMANSARA [OT], Affordable Luxury Ara Damansara

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bellefire
post Feb 21 2017, 03:55 PM

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QUOTE(chiahau @ Jan 7 2017, 12:07 AM)
Basically, you pay higher rates for electric / water.

There are few other things to note but nothing major.

Nowadays can convert the utilities to residential with respective bodies.

What's more important to note is whether it is freehold or leasehold.
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If you dont mind me asking, newbie here:

How do you convert the utilities to residential with respective bodies??

And if leasehold, what's the bad effect on us ? Harder to sell off later ?

What about those PJ homes that are reaching its 99 years leasehold already ? Or over already? innocent.gif

Thank u in advance!!
bellefire
post Feb 21 2017, 04:08 PM

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QUOTE(chiahau @ Feb 21 2017, 04:06 PM)
Have to write in to the relevant bodies for utilities.

As for freehold or lease, it's a person thing.

I think not many cases of property which lease was expired.

Heard that the renewal cost a lot thou
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Okies thank u so much!! biggrin.gif
appreciate the advise !
bellefire
post Feb 22 2017, 09:56 AM

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So i went to take a look. Tower A mostly sold out. So, apparently you need to give 5k booking fee + 5% deposit (which will then be returned to you in stages). Total rebate is 10 - 12% so the 5% deposit will become 7% rebate (returned to you over the period of completion of 2A, 2B, 2C) dunno what that means lah.

Can any sifu here clarify how that works? And what that 2A, 2B, 2C means?

Really noob here in buying property. Thanks so much!
bellefire
post Feb 27 2017, 11:26 AM

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QUOTE(ColdDasher @ Feb 27 2017, 10:21 AM)
anybody went for the pre-launch for the final few units of tower A over the weekend?

anybody booked a unit? biggrin.gif

Also from what i was told, there is the SPA price > Proposed Price (arbitrary discount, about 4%) > Rebate of 10% = Final Price.

And this "Proposed Price" is only valid for Tower A. Tower B etc will not have the additional 4% and will only get the 10% rebate.
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Hi ColdDasher,

I went during the pre-launch but was more keen on Tower B.. hehe.. cheaper SPA price too so even after comparing Tower A & B... Tower B still ended up cheaper (after all the discounts).... plus with more free stuffs (their incentive to sell more lah since lesser "view"). And for Tower B they were giving additional 2% rebate for early birds... so total rebate was 12%.

Anyhow we booked a unit on the floor with the garden smile.gif

Cheers!
bellefire
post Feb 27 2017, 11:27 AM

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QUOTE(jinsailoo @ Feb 23 2017, 11:00 AM)
the rebate 10% will give back to you in 5+3+2

the 5% you pay will be return when reach stage 2a (3%) and 2c (2%)

those 2a, 2c is the construction reach certain stage,
coz the bank won't releast 100% when the project still not complete
the bank will release the loan when the project reach certain stage
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Thanks @Jinsailoo! Understand now.. biggrin.gif

bellefire
post Feb 27 2017, 01:58 PM

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QUOTE(ColdDasher @ Feb 27 2017, 12:07 PM)
Hi Bellefire,

Thanks for the reply!

The Tower A unit that i was eyeing was 3+1 @1173sf with the Garden. The psf price that they are offering me (after Proposed and Rebate) is RM637psf.

which unit did you book if you don't mind me asking? trying to compare to see if i should jump to Tower B too biggrin.gif
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Hi ColdDasher,

I booked lower unit only wor.. hmm can't recall how much per/sqf but its 600+ also la.. i have to go home & check my calculation again. issit total loan amount/total sqf 1173 ? But i guess this one depends right coz as the higher unit u buy.. your price goes up even more... 1k per floor?

Btw, Tower B only open for loan application march 1st. For now its booking only. You applied loan d for Tower A?

bellefire
post Feb 28 2017, 10:00 AM

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QUOTE(ColdDasher @ Feb 27 2017, 12:07 PM)
Hi Bellefire,

Thanks for the reply!

The Tower A unit that i was eyeing was 3+1 @1173sf with the Garden. The psf price that they are offering me (after Proposed and Rebate) is RM637psf.

which unit did you book if you don't mind me asking? trying to compare to see if i should jump to Tower B too biggrin.gif
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Hi,

So i asked my agent. apparently he said that Tower A price is indeed lower than Tower B now (like wtf, right? this was only determined last weekend) Tower A has SPA price & proposed price. Tower B only has SPA price.

So for Tower A, there are more rebates given back to u in stages throughout the stages of 2a,b,c ----> VP. So in total, you get more cash rebates which u could in turn use to pay your progressive interest. Tower B, rebates given is 12%.

For Tower B, the good thing is apart from the standard free stuffs mentioned, here u will get extra Shower Screen & Free Wardrobe on all 3 rooms. But after calculating the rebates they return to u, I think its more worth it to get Tower A, so we decided to switch to Tower A in the end. biggrin.gif

@jinsailoo you're an agent there?
bellefire
post Mar 3 2017, 11:46 AM

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Just read this.... hmmm.. make me worried sad.gif
making such a big commitment liao....

http://www.freemalaysiatoday.com/category/...redicts-expert/

This post has been edited by bellefire: Mar 3 2017, 11:46 AM
bellefire
post Mar 3 2017, 11:49 AM

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QUOTE(aaron1717 @ Mar 3 2017, 11:47 AM)
u buying for investment and rental ke? or own stay?
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own stay lor...

wondering if i should just stay put instead....
bellefire
post Mar 3 2017, 03:06 PM

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Hi, any agents here would know - does this place have the bumiputra discount of 7%?

This post has been edited by bellefire: Mar 3 2017, 06:20 PM
bellefire
post Mar 3 2017, 03:07 PM

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QUOTE(aaron1717 @ Mar 3 2017, 11:59 AM)
if own stay... no wrong time one... new project price keep on increase anyway... unless your job is so volatile... and lack of demand... then maybe you reconsider.... if u are not in those sensitive industry... i guess its okay for u...
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Well if you put it that way.... but.. still can't help to worry lah.. with economy like this.. hehe
I think too much rclxub.gif

thanks for your input though, really helps clear my mind a bit.
bellefire
post Mar 3 2017, 04:38 PM

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QUOTE(jinsailoo @ Mar 3 2017, 03:56 PM)
Dear Bellefire,

This project have no bumi quota and no rebate for bumi,

All the bumi quota been use for syphony tower and shop lot,
coz all this 15 acers is under master title
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oh bummer cry.gif


bellefire
post Mar 20 2017, 09:17 AM

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QUOTE(didineo @ Mar 20 2017, 08:24 AM)
It is for investment purpose.
Agent nvr mention about the balloting  hmm.gif
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Yep I never heard about balloting either from SA confused.gif

Any agent here can confirm that?

Btw, when will the show unit be ready? April confirmed d ah?
bellefire
post Mar 20 2017, 12:04 PM

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QUOTE(realligud5 @ Mar 20 2017, 11:02 AM)
bro, there are 4-5 different property agencies selling the same project. what if we both choose the same unit? give you or give me leh? haha.

surely there's balloting between all agencies.  whistling.gif
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I was there at the showroom & we pretty much get info real time.
We were looking at 1 unit, my SA went to check & said it's available. then few minutes later someone came & said that another couple has just made their booking for that unit. So its pretty real time. we had to choose another unit after that & recalculate all over again. hahaaha.

Just buzzed my SA. He also said no such balloting in place. Where did you hear it from anyway @realligud5 ? confused.gif

QUOTE(jinsailoo @ Mar 20 2017, 11:11 AM)
for tower A booking those who book is confirm,
for tower B those who already book should secure a unit also

developer is going to sign SPA only on July,
show room will be ready around end of april
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Wahh delayed again ah? I thought signing SPA in May.. hahaha
How many % sold out d now? Tower A & B?
When is Tower C going to be open?

Showunit end of April ? Issit true that it's built at the basement parking near showroom?
bellefire
post Mar 23 2017, 12:47 PM

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QUOTE(JG1986 @ Mar 23 2017, 11:42 AM)
Heard from some source block B is fully booked, with Cheque , stake holder also not even ready for block B . Very suspicious agency doing something fishy. That baloting issue from a purchaser point of view might be true
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Hmmm...really ah? aren't you one of the SAs as well?
Check with developer straight lah.. why wanna hear rumours from sources..

I asked another SA he said Tower A still got 20% left, Tower B also only half open...

Can anybody else confirm this? rclxub.gif
bellefire
post Mar 29 2017, 10:39 AM

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QUOTE(akmal2501 @ Mar 29 2017, 08:47 AM)
I just booked the smallest unit on tower A yesterday.  657sf.  Actual price after rebate at 460K.
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Nice!! Congrats!! rclxms.gif
Partially furnished? Mind sharing what comes with it?

That day i was told no more small units on Tower A.. all habis d... lucky you .. maybe somebody's loan tak lepas..

This post has been edited by bellefire: Mar 29 2017, 10:55 AM
bellefire
post Mar 30 2017, 08:58 AM

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QUOTE(didineo @ Mar 29 2017, 09:03 PM)
Seems like the 657sf is more worth compare to the 797sf. I booked 797sf 570k after discount, about rm715/sf, more expensive than the 657sf (rm700/sf). This doesn't make sense, as normally larger unit will have a cheaper price per sf. mad.gif
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Both also on same, Tower A ?
See at which floor also...
ask for the pricing plan lah.. on the showroom got right? on every table.. i rmber..

bellefire
post Apr 5 2017, 01:49 PM

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Hi there, any news yet on release of APDL & completion of show unit?
bellefire
post Apr 7 2017, 02:53 PM

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QUOTE(flyyy9501 @ Apr 7 2017, 01:59 PM)
I just signed bank offer letter last week... You may contact Jocelyn Fong...
She is a nice and understanding agent... i did throw tantrum at her abit during the process but she still provide excellent service

Also, i bought the 1195sf , tower A with sky garden
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Wow congrats!! rclxms.gif Mind sharing with us what was the bank offer like?
which bank?

Can start preparing docs liao...

Btw, which floor u at? Price leh?
I'm eyeing Tower A with sky garden too.. brows.gif

bellefire
post Apr 10 2017, 11:37 AM

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QUOTE(realligud5 @ Apr 8 2017, 02:20 AM)
Bro, bank can issue offer letter even if the apdl not obtained yet?

Wouldnt it be a bit risky? Bcuz bank is only third party that lend us monnehh. If apdl keep dragging then quite bad shape also, no?

Not so familiar with all these pre launch/ early bird kinda new projects.
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Just got news that APDL is delayed till June.
Hmm how does this affect our loan application ? Can still proceed meh?
Once LO received, need to sign SPA within 21 days?

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