QUOTE(Kicimiao66cc @ Apr 16 2017, 02:34 PM)
This is not close soon. It is closed. All the bank loan agreement attached with undertaking letter regarding this issue. Fail to comply are subject to reduction loan margin or void of agreement. If you signed both agreement SPA and LA but eventually bank cancel your loan due to this issue... then bye bye to your deposit paid.
Do agree on the risk of having issue with the banks, that would be one of the risk. Another risk that should be highlighted is the investment risk/ repayment. They can project a wonderful exit plan for you, but what if it doesn't materialise?
You might also stuck with a project with lots of investors that has multiple unit which they can't afford to hold. And these people they don't buy 1 or 2. They buy 8-10 each person.
And if you buy as a normal investor, you would certainly lose out to them in terms of entry cost. That's because these group buyers get in cheaper (at least 5% extra). You might not want to invest in places with lots of investors with lower entry cost. You'll have hard time competing.
Some of the projects exposed: Robertson Pudu, opus kampung attap, pacific star Pjsection 13.This post has been edited by klproperty1234: Apr 16 2017, 04:15 PM