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 Housing loan, Which bank????

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yewkhuay
post Jul 16 2007, 10:37 AM

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QUOTE(tinkerbel @ Jul 16 2007, 10:11 AM)
@yewkhuay,
I *do* have sufficient $ in the bank to cover the 10% downpayment.  In fact, I should have sufficient up to 20% and that should be suffice to see it through till some time next year.

S&P can only be signed in October due to some legality purpose - the units aren't exactly launched as yet - it's what most developers would call soft launch but most of the units have already been pre-booked ($30k needed to secure a booking).  Er.. show house also not ready *grinz*
*
wah....soft launch oready fully taken up...i tot when u told me it was launched for quite some time... cry.gif
tinkerbel
post Jul 16 2007, 10:56 AM

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@yewkhuay,
Nopes.. it would please the developers if they are able to just go ahead and get the S&P signed but until they've got all the legal matters complete and ready on their end, they won't be able to - as far as I'm concerned, the longer they take to get that ready, the better. Better still, let it delay for another 2 years and sign the S&P only when the house is like 90% built !!! LOL!! biggrin.gif But it's not gonna happen....
yewkhuay
post Jul 16 2007, 11:06 AM

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QUOTE(tinkerbel @ Jul 16 2007, 10:56 AM)
@yewkhuay,
Nopes.. it would please the developers if they are able to just go ahead and get the S&P signed but until they've got all the legal matters complete and ready on their end, they won't be able to - as far as I'm concerned, the longer they take to get that ready, the better.  Better still, let it delay for another 2 years and sign the S&P only when the house is like 90% built !!! LOL!!  biggrin.gif  But it's not gonna happen....
*
but to book oso hav to come out with 30K... sweat.gif
anyway, it's really a good thing for u if they delay...till 90%...
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TSjoanalooidog
post Jul 16 2007, 11:17 AM

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30k booking fee....pengsan..........
tinkerbel
post Jul 16 2007, 10:30 PM

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@yewkhuay,
Yes... booking fee $30k. When S&P is signed, the remaining balance from the first 10% needs to be paid. Hence if the house is $800k, when S&P is signed, you will need to come up with the remainder of the $50k.

I'll just wait for the developer to contact me when S&P is ready for signing.... And like i said, the longer the better *grins* blush.gif
yewkhuay
post Jul 17 2007, 12:07 AM

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QUOTE(tinkerbel @ Jul 16 2007, 10:30 PM)
@yewkhuay,
Yes... booking fee $30k.  When S&P is signed, the remaining balance from the first 10% needs to be paid.  Hence if the house is $800k, when S&P is signed, you will need to come up with the remainder of the $50k.

I'll just wait for the developer to contact me when S&P is ready for signing.... And like i said, the longer the better *grins*  blush.gif
*
just wondering, how long does it take for u to make the decision to BOOK tht house? 30K not a small figure though... thumbup.gif
jcvstlys
post Jul 17 2007, 04:42 PM

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yea.. where u bought? wah tinkerbel rich!! haha.


Added on July 17, 2007, 4:45 pmyea.. where u bought? wah tinkerbel rich!! haha.

This post has been edited by jcvstlys: Jul 17 2007, 04:45 PM
yewkhuay
post Jul 17 2007, 06:24 PM

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QUOTE(jcvstlys @ Jul 17 2007, 04:42 PM)
yea.. where u bought? wah tinkerbel rich!! haha.


Added on July 17, 2007, 4:45 pmyea.. where u bought? wah tinkerbel rich!! haha.
*
she knows how to earn money n most importantly, manage her money...u can do better than her if u start now...
jcvstlys
post Jul 17 2007, 11:07 PM

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wht is tinkerbel working as?
yewkhuay
post Jul 17 2007, 11:20 PM

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QUOTE(jcvstlys @ Jul 17 2007, 11:07 PM)
wht is tinkerbel working as?
*
ask her urself, u can always PM her...her job portfolio a bit complicated , to me. laugh.gif
jcvstlys
post Jul 17 2007, 11:40 PM

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okok... will pm her..
tinkerbel
post Jul 18 2007, 09:50 AM

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*Faints* I got disconnected from the world for a few hours and i come back to such gossips!!! tongue.gif

@yewkhuay,
I was initially looking at another development at Kota Damansara but when I did a physical recce I realised there were few elements which didn't please me too much [the only good thing about that place versus the one I bought is the LDP toll from 1U/Curve]. I suppose you can say it all happened from "let's just have a look at what they're launching" to "hey, i *can* afford something like this" and checked to see if there were any developments in the Sg Buloh township within my affordability range when I came across the Urban Villas.

Between Project A and Project B, I decided to go with Project B due to several reasons. Though I think Project A's got potential, i'm unable to afford the 2 properties at one time. All in, from checking out what's being launched to putting the $ down, it took me less than a week.

@jcvstlys,
I'm not rich! I'm just OLDer.

And, just cause I made the decision in less than a week doesn't mean U should too - u should only make informed and good decisions so check out everything u can about the place or the township before u make the decision. It is only because I didn't have to do much surveying for Project B that helped expedite my purchase decision.
yewkhuay
post Jul 18 2007, 06:26 PM

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QUOTE(tinkerbel @ Jul 18 2007, 09:50 AM)
*Faints*  I got disconnected from the world for a few hours and i come back to such gossips!!!  tongue.gif

@yewkhuay,
I was initially looking at another development at Kota Damansara but when I did a physical recce I realised there were few elements which didn't please me too much [the only good thing about that place versus the one I bought is the LDP toll from 1U/Curve].  I suppose you can say it all happened from "let's just have a look at what they're launching" to "hey, i *can* afford something like this" and checked to see if there were any developments in the Sg Buloh township within my affordability range when I came across the Urban Villas.

Between Project A and Project B, I decided to go with Project B due to several reasons.  Though I think Project A's got potential, i'm unable to afford the 2 properties at one time.  All in, from checking out what's being launched to putting the $ down, it took me less than a week.


*
exactly same here..but i didn't get 500K banglow....200K+ only...haha
tinkerbel
post Jul 18 2007, 08:44 PM

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@yewkhuay,
It shouldn't matter whether it's a RM200k or RM500k property - a property's still a property. Besides, we all need to start from somewhere - I was just 'stupider' that's all *grinz* blush.gif Besides, who knows how many other RM200k properties u have *g* [well, there's really nothing to compare ok? smile.gif]

Project B's a little more expensive than Project A (~RM150k) but having calculated the costs, it was still possible to make the purchase, though with MORE sacrifices of less personal 'luxury' and cash at hand in the next few months.

There goes the idea of taking a 6 month hol without worrying about finances cry.gif

Editted: I didn't end up getting a bungalow - it's more like a Terrace House that I ended up deciding on! rolleyes.gif

This post has been edited by tinkerbel: Jul 18 2007, 08:45 PM
yewkhuay
post Jul 18 2007, 10:47 PM

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QUOTE(tinkerbel @ Jul 18 2007, 08:44 PM)
@yewkhuay,
It shouldn't matter whether it's a RM200k or RM500k property - a property's still a property.  Besides, we all need to start from somewhere - I was just 'stupider' that's all *grinz*  blush.gif  Besides, who knows how many other RM200k properties u have *g* [well, there's really nothing to compare ok? smile.gif]

Project B's a little more expensive than Project A (~RM150k) but having calculated the costs, it was still possible to make the purchase, though with MORE sacrifices of less personal 'luxury' and cash at hand in the next few months.

There goes the idea of taking a 6 month hol without worrying about finances  cry.gif

Editted: I didn't end up getting a bungalow - it's more like a Terrace House that I ended up deciding on!  rolleyes.gif
*
how u knw i got more than 1 ? hmm.gif

no matter how, i think if the project is 100% taken up during soft launch , the project is quite potential...
no worry, S&P postponed to next yr i will pray for u!!
tinkerbel
post Jul 19 2007, 12:54 PM

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@yewkhuay,
This development is within an existing developing - hence it was easy to decide and evaluate on its potential. However, as big a potential a project has, it is important to put a ceiling price on certain homes; cause u need to look at a reasonable value when you intend to liquidate the property smile.gif

I'm praying the developer will just forget all about my payment and give me the house blush.gif LOL [I'll let u know if and when that happens]
yewkhuay
post Jul 19 2007, 05:48 PM

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QUOTE(tinkerbel @ Jul 19 2007, 12:54 PM)
@yewkhuay,
This development is within an existing developing - hence it was easy to decide and evaluate on its potential.  However, as big a potential a project has, it is important to put a ceiling price on certain homes; cause u need to look at a reasonable value when you intend to liquidate the property  smile.gif

I'm praying the developer will just forget all about my payment and give me the house  blush.gif  LOL [I'll let u know if and when that happens]
*
sounds like i got a chance to be co-owner of the property... hmm.gif
ok, i better don make it a kopitiam chat.

just drop me a pm when u come across any similiar/potential project from the same developer coz now they definitely will inform u for pre-launch sale... icon_rolleyes.gif

tinkerbel
post Jul 19 2007, 09:31 PM

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@yewkhuay,
The pre-launch for the single storey bungalows are happening soon - in fact, u can start booking now [no payment required, just put ur name down!] but i been told the price is gonna be about >RM2.4m - u interested?

I'll let u know if there are any other soft launches available but what category of property are u looking at? I don't think there's gonna be anymore terrace/link houses - this might be the last of the lot.... I believe some of the Urban Villas (that's the name of it) are still available; except it's not exactly the same as the one I got [it's on a smaller piece of land (22x85), and it doesn't face the lake - maybe the 22x75 ones are also available - this one faces the lake too]. If ur interested let me know - i'll even go with you to the Marketing office smile.gif
yewkhuay
post Jul 20 2007, 01:29 AM

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QUOTE(tinkerbel @ Jul 19 2007, 09:31 PM)
@yewkhuay,
The pre-launch for the single storey bungalows are happening soon - in fact, u can start booking now [no payment required, just put ur name down!] but i been told the price is gonna be about >RM2.4m - u interested?

I'll let u know if there are any other soft launches available but what category of property are u looking at?  I don't think there's gonna be anymore terrace/link houses - this might be the last of the lot.... I believe some of the Urban Villas (that's the name of it) are still available; except it's not exactly the same as the one I got [it's on a smaller piece of land (22x85), and it doesn't face the lake - maybe the 22x75 ones are also available - this one faces the lake too].  If ur interested let me know - i'll even go with you to the Marketing office smile.gif
*
2.4mil, u must be kidding me...i m not in tht range of owner yet.. sweat.gif

going with u will be lovely.... laugh.gif the promoter will probably try to sell us a happy family concept... laugh.gif

ok, keep in touch ! u know where to get me icon_rolleyes.gif

 

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