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> New props - Free SPA or not?

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TSidoblu
post Oct 17 2019, 04:17 PM, updated 2 months ago

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So far from what i come across, usually the developer will do the SPA for free and some even give free Loan Agreement (for new properties).

But yesterday I heard my friend bought one condo and they have to pay for SPA. How common is this?

COOLPINK
post Oct 17 2019, 04:25 PM

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mini orchard
post Oct 17 2019, 07:24 PM

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QUOTE(idoblu @ Oct 17 2019, 04:17 PM)
So far from what i come across, usually the developer will do the SPA for free and some even give free Loan Agreement (for new properties).

But yesterday I heard my friend bought one condo and they have to pay for SPA. How common is this?
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From day 1, the buyer pays for all cost when acquiring a property. Nothing is free even though the developers say is free spa, mot, full furnish, car park, maintainance and what so ever.

If your friend is paying for spa, ... make sure he engage his own lawyer rather than use developer's panel.

This post has been edited by mini orchard: Oct 17 2019, 07:30 PM
FirstNoob
post Oct 18 2019, 12:01 PM

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How ironic. Developers has changed the game completely.. 5 years ago, nobody expects developer to bare lawyer fee, mot, spa, etc..

Nowadays, people think that this is a MUST . Developer who doesn't include them are "uncommon"..


Subsale will continue to suffer in the property market until bank negara comes and stop all these "gimmick" nonsense.

1) 0 Money down
2) Cash back
3) GRR
4) Free MOT, Free spa, Free stamping etc..


These "package" are causing the housing market price high and continue letting people Speculate.

This post has been edited by FirstNoob: Oct 18 2019, 12:05 PM
mini orchard
post Oct 18 2019, 12:16 PM

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Buy sub sale as it reflect the market value at the point of purchase.

Buying inflated price ... the domino effect can kill.

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