QUOTE(kenyl @ Oct 22 2018, 12:13 AM)
Hi, just to ask, if this is for 3rd property, max loan is up to 70% only? meaning that i have to get ready for 20% cash right (10% rebate)?
now offer, solve your 70% margin loan issueAttached thumbnail(s)
Ion Majestic Genting Highland, Property Investment Investment
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Nov 11 2018, 01:58 PM
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Senior Member
990 posts Joined: Jun 2016 |
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Nov 28 2018, 09:47 AM
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Senior Member
3,665 posts Joined: Aug 2014 |
Fox theme park cancelled and under litigation in the US.
that's the problem with buying off plan and hoping for future major infra. things get cancelled. same as those buying ishkandar near the HSR. |
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Nov 29 2018, 08:47 PM
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Senior Member
1,553 posts Joined: Oct 2008 |
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Nov 29 2018, 09:05 PM
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All Stars
20,791 posts Joined: Jul 2012 |
QUOTE(xMika @ Nov 29 2018, 08:47 PM) Please dont share wrong info. RHB and UOB loan amount quota for this project already all used up, gave out loans to buyers. Not stop financing. What is the quota? Unusual for two Banks to used up quota before fully sold out.This post has been edited by icemanfx: Nov 29 2018, 09:46 PM |
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Nov 29 2018, 10:22 PM
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Junior Member
910 posts Joined: Sep 2016 |
QUOTE(icemanfx @ Nov 29 2018, 09:05 PM) Quota are different for every project.Bank has risk assessment panel to determine the risk of projects. The higher the risk, the less loan will be given to the project. This project is in the high risk category as it's overpriced and buyer may default in the future |
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Nov 29 2018, 10:49 PM
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All Stars
41,797 posts Joined: Sep 2014 From: REality |
Huhuhuhu..
Good luck... Without theme park.. How to survived?? |
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Nov 29 2018, 11:28 PM
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Junior Member
249 posts Joined: Aug 2018 From: Shah Alam |
When you are banking on 1 industry, you are putting your neck on the gallows.
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Nov 30 2018, 09:18 AM
Show posts by this member only | IPv6 | Post
#128
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Senior Member
856 posts Joined: Dec 2008 |
the facilities look stunning. will try out the airbnb when its ready
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Nov 30 2018, 05:00 PM
Show posts by this member only | IPv6 | Post
#129
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Senior Member
1,553 posts Joined: Oct 2008 |
QUOTE(icemanfx @ Nov 29 2018, 09:05 PM) There are 5 panel banks, RHB, UOB(70% financing) , MBSB, and other 2 i forgotten Dont have to be fully sold out only can use up quota. Allocated budget for this project depends on a few factors considered by the banks. |
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Dec 24 2018, 11:56 PM
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Junior Member
12 posts Joined: Mar 2011 |
I am going to view the show house in Feb and stay at ion delemen to experience it before making the booking.
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Dec 25 2018, 05:03 AM
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All Stars
20,791 posts Joined: Jul 2012 |
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Dec 25 2018, 11:52 AM
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Senior Member
856 posts Joined: Dec 2008 |
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Jan 15 2019, 01:26 PM
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Newbie
1 posts Joined: Jan 2019 |
Hi ppl. I just book a unit. going for loan.
Any update or news on this development |
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Jan 22 2019, 05:55 PM
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Junior Member
71 posts Joined: Jan 2014 |
I just stayed at ion delemen last weekend and it was packed. Facilities, food are good.
Talked to the staff and they said weekend normally full. Weekdays is a bit manageable. Went to the show unit as well but didnt manage to talk to the agent as they were occupied with other people and I need to rush coming back to KL. But the 484k unit all sold out edi. Cheapest now is 500k and above. This post has been edited by braderizwan: Jan 22 2019, 05:55 PM |
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Jan 22 2019, 08:19 PM
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Junior Member
910 posts Joined: Sep 2016 |
good try! no matter how u try to advertise this project the result will still be the same
in years to come, it will be empty and haunted like the rest of the apartments |
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Jan 22 2019, 08:21 PM
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All Stars
41,797 posts Joined: Sep 2014 From: REality |
484k units sold out? Seriously 😏
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Jan 22 2019, 11:57 PM
Show posts by this member only | IPv6 | Post
#137
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Senior Member
797 posts Joined: Oct 2015 |
QUOTE(braderizwan @ Jan 22 2019, 05:55 PM) I just stayed at ion delemen last weekend and it was packed. Facilities, food are good. WHats the size ?Talked to the staff and they said weekend normally full. Weekdays is a bit manageable. Went to the show unit as well but didnt manage to talk to the agent as they were occupied with other people and I need to rush coming back to KL. But the 484k unit all sold out edi. Cheapest now is 500k and above. |
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Jan 23 2019, 12:30 AM
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Junior Member
335 posts Joined: Apr 2009 |
QUOTE(michaelchang @ Jan 22 2019, 08:19 PM) good try! no matter how u try to advertise this project the result will still be the same Weekend is indeed full. I've personally experienced it myself. I guess if the managed it properly am sure it will do well. Anyway location is still at the mountain top which is an added advantagein years to come, it will be empty and haunted like the rest of the apartments |
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Jan 23 2019, 02:07 AM
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All Stars
20,791 posts Joined: Jul 2012 |
QUOTE(n_minie @ Jan 23 2019, 12:30 AM) Weekend is indeed full. I've personally experienced it myself. I guess if the managed it properly am sure it will do well. Anyway location is still at the mountain top which is an added advantage Rental income from weekend alone won't be enough fo cover loan repayment. |
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Jan 23 2019, 08:12 AM
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All Stars
41,797 posts Joined: Sep 2014 From: REality |
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