Guys, I have some questions regarding Ilham Residence 3.

1) What is the SPA price, and what kind of discounts/rebates are given?
2) When is it going to be completed?
3) Any maintenance fees, and if yes, how much?

I just went to take a look at Ilham Residence 3 / Elmina Green 7 today.

Any idea why Ilham Residence follow strata development? What's the benefit? I also went to Gamuda Gardens, all their townships there are following strata development as well.

Still need to fork out easy RM350/month for maintenance fees.

For those experienced, is 20ft width enough to park 2 cars inside?

Can anybody confirm that for Elmina, there is ZERO additional costs that buyers need to fork out for relating to the S&P agreement (including legal fees and stamp duty on MOT) and the loan agreement (including legal fees and the stamp duty on the loan agreement).

This is what my SA told me, but I just want to double confirm memang no other fees to be paid for the purchase:

Fees:
1)    Sale & Purchase Agreement (SPA) & disbursement borne by Developer.
2) Stamp Duty on MOT is fully borne by Developer.
3) Stamp Duty on Loan Agreement is borne by Developer.
4) Legal Fees on Loan Documents borne by Developer.
5) Registration on MOT borne by Developer.

For Ilham 3, the estimated maintenance fee + sinking fund is around 20.7 sen. Meaning, total around RM290/month.

Is that not too high? Why not combine all Ilhams (1, 2, 3 & 4) and pool together to get one unified service (management office, guards with multiple entry points, landscaping etc)?

I mean I want a confirmation that I'm not missing out on anything. That really all legal and stamping related transaction costs is zero.

This is exactly what is mentioned. Which corresponds to MOT legal fee and disbursement fee?

1) Sale & Purchase Agreement (SPA) & disbursement borne by Developer.
2) Stamp Duty on MOT is fully borne by Developer.
3) Stamp Duty on Loan Agreement is borne by Developer.
4) Legal Fees on Loan Documents borne by Developer.
5) Registration on MOT borne by Developer.

This post has been edited by contestchris: Aug 21 2023, 12:41 AM

How easy is it to park 2 cars with 20ft entrance?

How big is the area in front of the house extending out to, enough to park a car without obstructing the road?

What was the cheapest Ilham 3 intermediate 2 storey price at launch? I’m being quoted rm907k cheapest now

Any idea what’s the solar panel installed capacity at Ilham 3?

Does anyone have the schedule of payments for Elmina property. Usually how would it go if I take a 35 year loan, and there is still 2.5 years to completion?

Guys can anyone confirm that Ilham 3 doesn't have show units? I find it hard to believe...

I have a few more things I'd like to get your thoughts on about Elmina, specifically Ilham 3

1. Is it wasteful to have 4 bathrooms? I kinda wish the bathroom for the two rooms upstairs were shared.

2. Any concerns about the polycarbonate glass for the lightwell?

3. There are only two aircond points - hall and master bedroom. Is this a concern? How easy works it be to fit airconds to the other 3 bedrooms?

I might be about to pull the trigger on Ilham 3.

On the costs involved, my understanding is:

1) RM3k booking fee -> To be returned to owners as "cashback" after 1st loan drawdown
2) 10% rebate by the developer -> Zero downpayment
3) All legal fees, stamp duty and disbursement costs relating to the SPA, loan documents and MOT will be fully borne by Sime Darby Property
4) No valuation fees (as this is an under construction property)
5) Maintenance fees estimated at RM300/month

Can I confirm that there are NO OTHER hidden costs to be paid before/after VP?

On top of that, the freebies:
1) Installation and setup of 2kW solar panel
2) 1-year broadband
3) Basic Home Alarm System

Not sure if I'm missing out on anything else...if yes, please feel free to add.

The lowest loan rates I'm getting is 3.85% from Maybank, Public Bank, UOB and Hong Leong Bank. Anyone else get similar or lower offer? Mind sharing me your banker contact if so.

This post has been edited by contestchris: Aug 29 2023, 10:57 PM

Okay yes this is perfectly valid

What misc fees did they minus from the rm3k?

How much do these cost? And are the Perfection of Transfer (POT) and Perfection of Charge (POC) not included under any of the below being covered by the developer?

1)    Sale & Purchase Agreement (SPA) & disbursement borne by Developer.
2) Stamp Duty on MOT is fully borne by Developer.
3) Stamp Duty on Loan Agreement is borne by Developer.
4) Legal Fees on Loan Documents borne by Developer.
5) Registration on MOT borne by Developer.

This post has been edited by contestchris: Aug 30 2023, 12:32 PM

Okay, so on another part, it mentions: "Stamp Duty & Legal Fee on SPA, Loan & MOT will be borne by the Developer".

Does that cover what you're mentioning is missing?

Is the "legal fees" for MOT referring to the "legal fees" for Perfection of Transfer? Or is the "legal fees" for MOT completely different from the "legal fees" for Perfection of Transfer?

This post has been edited by contestchris: Aug 30 2023, 09:57 PM

May I ask how are you sure the legal fees for PoT/PoC not covered for Ilham 3?

Understood, apologies if I asked too many questions, as this is my first brand new home purchase. Just warybof any hidden transaction costs.

For my subsale purchase previously, it was a whole lot simpler and straightforward.