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Investment ecoworld duduk, i saw this in facebook

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slee03
post Oct 13 2020, 10:28 PM

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Reminded myself to stay positive 🤍

Fellow neighbours who have signed the SPA recently or those with experience elsewhere, any tips to share? Will it be better to read through each lines or just target the important ones, since EcoWorld is a reputable developer?

Starting midnight, 14 Oct 2020, CMCO. while my SPA signing being scheduled within the inter-district lockdown duration. SA said will advise further.
slee03
post Oct 14 2020, 11:10 PM

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QUOTE(Sylph818 @ Oct 14 2020, 08:34 PM)
They will send SPA Doc to ur address
Then host ZOOM meeting with lawyer for signing session
Then they will send courier to.collect back the doc

The only thing is i duno how to pay downpayment
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Can check with SA.
Either online bank transfer, cheque/bank draft or EPF?

When RSVP that time, WhatsApp message stated as:

Please bring along :
1) cheque/bank draft (issue in favour of ______) OR
2) Maybank/Public Bank/Hong Leong Bank credit card with 12/24 months installments with 0% interest; OR
3) any credit card for 1 swipe payment (Visa and Master only).
slee03
post Oct 14 2020, 11:59 PM

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QUOTE(Sylph818 @ Oct 14 2020, 11:44 PM)
Ya, i wanna use credit card 1 swipe or installments
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If you live within the same district as Eco Sanctuary, then no issue to sign SPA at their sales gallery. Try make arrangement with EcoWorld SA, whether they are able to organise the signing nearby your place or at a later date. Eg 28 Oct 2020 onwards.
slee03
post Oct 15 2020, 02:55 PM

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QUOTE(gonfeeces @ Oct 15 2020, 02:47 PM)
i m gonna try to go there this sunday from subang jaya.. if cant cross to other district only tell them to reschedule
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Petaling district consists of Shah Alam (where Eco Ardence is located), Subang Jaya and Petaling Jaya. No restriction.

https://www.mkn.gov.my/web/ms/sop-pkp-pemulihan/
slee03
post Oct 15 2020, 03:01 PM

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QUOTE(Sylph818 @ Oct 15 2020, 10:48 AM)
thats the thing, diff district
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Try get SA to advise, whether they can arrange the signing at other EcoWorld sales gallery or office within your district. Take it as an exceptional case, if they able to consider.

Besides Eco Sanctuary and Eco Ardence, there are several other EcoWorld projects in Klang Valley such as Eco Majestic, Eco Grandeur, Eco Sky, Eco Forest, BBCC, KL.

https://ecoworld.my/collections/
slee03
post Oct 16 2020, 11:22 AM

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QUOTE(sam59 @ Oct 16 2020, 07:20 AM)
Anybody know whether construction started yet or not?
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SA only mentioned will start later, by end of this year.
slee03
post Oct 16 2020, 03:15 PM

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Contractor recently being awarded the project.
https://www.edgeprop.my/content/1743175/int...-works-ecoworld

SPA signing started since 26 Sep 2020, up to 25 Oct 2020 for Huni.

Read the following:
https://mypf.my/2016/11/02/malaysia-propert...yment-schedule/

While under construction, we only pay the interest, based on completion stages to developer? Assuming my unit is located at level 20, how will that affect the monthly payment?

Secondly, installment of 1.5k to bank, only commence upon completion of project or when the first stage, piling work done? First time getting a new apartment before construction, not sure how it works. Yet to sign SPA (S&P Agreement).

Any sifu mind to share tips/clarify so that I can plan ahead? 🤔

This post has been edited by slee03: Oct 16 2020, 03:29 PM
slee03
post Oct 17 2020, 08:34 AM

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QUOTE(propertyowner @ Oct 17 2020, 12:23 AM)
means you'll only kena up to (2a) progressive interests till it reaches level/floor 20.. 😁
just record down the progressive interests u paid in these years, so that it factor-in as total costs.

For 20th floor as e.g.;

10% - payable upon signing snp..
next 10% (2a) - disbursed by bank after earthworks below ground level is done..
next 10 or 15% (2b) - disbursed by bank when ur level structural is up..
next 10% (2c) - disbursed by bank when ur window and door frame is up..
and so on..

All the way till VP, progressive interests usually hit 75-80% only.. as the balance ll be VP and last 5% usually withheld by lawyer till developer fix the defects for common area+individual units..

For bank transactions you gonna see some codes like: "RTA premium" refers to MRTA, should be few thousands. The transaction code of "SR" tells the SI, it tied wit a date. And "EX" is the progressive interests.

Basically once u signed LO - it allows authorization to debit all sorts of payment owing to bank, which includes ur prog interests, monthly repayments, and misc charges like late penalty, fire insurance, processing fees etc.

tongue.gif
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Thanks alot! Good sharing 😁

Those with higher floor unit basically pay later for progressive interests as additional cost in total. No wonder middle floor still available at that time, since not much incremental difference as it goes higher (duduk project). Instead, level 18-21 (Huni Tower B) comes with a 3rd car park at a premium of around 20k+ (depending on NE or SW direction). I literally gave up level 30 NE, Ardence Labs and Maya Lake view for mid-floor with extra parking 🤣

In respect of home loan, noticed the PBB banker quickly arranged for LO within one week of my submission (subject to complete documentation). He smiled when I finally signed it during weekend. Thought just closing the deal made him happy but of course, auto debit authorised as stated in LO already secured the bank's process 😄

This post has been edited by slee03: Oct 17 2020, 11:13 AM
slee03
post Oct 17 2020, 05:31 PM

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QUOTE(sam59 @ Oct 17 2020, 03:05 PM)
As long as you are happy, go for it bro 👍🏻👍🏻👍🏻
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RSVP the signing of SPA within final week (19-25 Oct). I just hope this will eventually be the right decision, 3 years down the road. Most importantly, no more unpleasant surprises. 😎

Still, expecting more dramas to come during VP. Those who signed up for Huni Tower B unit # 01 and 32, stay chill. According to SA, HTC is 70 meter next to the last unit. Yes, no typo, 70 meter (~230 ft) and I asked only get reply. Else, info not being disclosed. Within the guidelines of Suruhanjaya Tenaga. Use mobilephone also exposed to such wave 😁

*** HTC summary ***
Medan elektrik mudah dihalang dan diserap oleh objek dan
menurun dengan ketara diluar dari kawasan talian.

Medan magnet tidak mudah dihalang tetapi mempunyai
nilai yang sangat rendah diluar dari kawasan talian.

Sehingga kini WHO mendapati tiada bukti konklusif kaitan
medan elektrik & magnet aras rendah dan kesannya
terhadap kesihatan, banyak penyelidikan mengenainya
sedang dilakukan di merata dunia.

Pengurus Kumpulan Sinaran Tidak Mengion (NIR)
Bahagian Keselamatan Sinaran
Agensi Nuklear Malaysia, Bangi, Selangor

www.st.gov.my › presentationsPDF
Web results
Pendedahan Gelombang Elektromagnet (EMF) Di Talian Atas Dan Bawah Tanah
*** HTC summary ***

In fact, many queries left without an answer.
General reply: not finalised 😅

Can only wish for a better corridor finishing, nothing less than low cost, although this is the developer's rightful decision. If their desire is to benchmark duduk with Eco Majestic's apartment, obviously not going to serve well among M40 group. Surely, they are prepared to list this project as future reference, by creating this duduk as a sub-brand but not sub-standard. 😁

After all, the fact is we are getting a unit of service apartment, with only 1 ft more than minimal requirement (unit floor to ceiling and corridor width). Not impressive but still ok. 😑

Nice having you and the rest in this forum 😊

This post has been edited by slee03: Oct 17 2020, 06:06 PM
slee03
post Oct 17 2020, 06:49 PM

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QUOTE(joshtlk1 @ Oct 17 2020, 06:13 PM)
anyone know what are the penalty if any if I already sign the LO but decide not to sign the SPA? I am looking at another property and think its more suitable for me.
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SA said no penalty but I doubt it. Read through my PBB LO, got. Better double confirm with your banker.

Anyway, Se.Ruang plan and layout considered decent. Eco Sanctuary landscape very good. Location a little far but in future, township will definitely be good. I opt for Huni because distance to PJ nearer, and there's upcoming LRT line 3 in 2024, new WCE and Dash highway, which may potentially reduce NKVE traffic.
slee03
post Oct 18 2020, 12:37 PM

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QUOTE(kw @ Oct 17 2020, 07:29 PM)
If your offer is from. Public Bank, you will be fined for rm2k.
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thumbup.gif

PBB LO General Terms:
#12. A termination fee of RM2,000.00 shall be charged if any of the facility (ies) herein or any part thereof is cancelled prior to the disbursement of the facility (ies) for any reason whatsoever.

@Joshtlk1 do share with us if your banker said no need to pay laugh.gif
This will also validate what SA replied to me.
slee03
post Oct 19 2020, 02:20 PM

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QUOTE(laskking @ Oct 19 2020, 11:16 AM)
so meaning end unit 01 & 32 is nearer to HTC ?
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Yes, some 70 meters away. Quite a distance and safe. Still within the guidelines. Everyday, all residents also will drive pass by the same stretch of road. SA said unit will not face directly to HTC, from balcony, unless look to the left. HTC height is about 10th floor. If stay higher, no issue la 😁
slee03
post Oct 19 2020, 02:24 PM

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QUOTE(jerrylo @ Oct 19 2020, 12:16 PM)
i tot they post to house.. sup sap kena collect..
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Wah, have to go self-collect. Means in total, visit EA four times:

1. Sight-seeing and booking
2. Sign LO
3. Sign SPA
4. Collect stamped SPA
slee03
post Oct 20 2020, 04:03 PM

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QUOTE(propertyowner @ Oct 20 2020, 02:07 PM)
[attachmentid=10642540]

And we are talking about 70 meter for HUNI..
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Can share the link? Google it and found this site, like wanna jual barang punya. Maybe it helps abit.
https://www.safespaceprotection.com/emf-hea...ts/power-lines/

Personally do not think our government agency hid something from us. More into scientific evidence 😂

Besides, many housing area built along HTC. Take Asia Jaya LRT for example 😁

Interesting article in The Star
https://www.starproperty.my/news/would-you-...r-lines-/117778

This post has been edited by slee03: Oct 20 2020, 04:56 PM
slee03
post Oct 20 2020, 07:09 PM

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QUOTE(Azman Man @ Oct 20 2020, 05:25 PM)
"..safety distance of 700 feet .." that's like 213 meter. While Huni is 70 meter?
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No scientific evidence to back it up, though it will be better to maintain some distance away. Asia Jaya LRT area and Kelana Jaya have HTC. Still many people stay much nearer. Probably coz of location?

Excerpts from Star Property web page:
Homebuyers tend to shun from buying such properties due to urban legends. If we stop to think about it, we are exposed to EMFs from home appliances, mobile phones, wifi, radio and even remote control devices every day.

How is living near such power lines any different? It depends on how high is the emission of the EMF, but scientists point out that EMFs dissipate with distance so if you are still inclined to buy a home near such towers, a safety distance of 700 feet may be needed to be sure that you are reducing the exposure levels to 0.5 milligaus or less.

While it is impossible to completely shield your home against EMF, planting tall trees as a buffer, and using T98 shielding paint and GPA mesh can reduce the exposure further.
slee03
post Oct 20 2020, 07:58 PM

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Anyone can help to check the HTC near Setia Alam toll, type and how many kV*?

*132, 275 or 500

user posted image
slee03
post Oct 20 2020, 08:35 PM

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user posted image

Eco Ardence
slee03
post Oct 20 2020, 08:58 PM

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QUOTE(propertyowner @ Oct 20 2020, 07:39 PM)
wow you are spot on to the link, i do not have it tho as the snapshot was shared by other investor taikors several times in my wasap group.

yes, there are housing areas that built close to HTC, but they aren't many (%) out of total and likely with safer distance like few hundred meters away.

harm or no harm (health issue) will not be immediate, be it direct or indirect and usually difficult to quantify (also subject to individual immune system). but generally EMF that carries high current shall have its implication by scientific sense. cannot benchmark with mobile as the power dissipation or emission is merely in range of mili watts.

from business sense then yes, for anything less than 100 meter (incl. waste management/septic pond/irregular terrains) it will be immediate eye sore, and has negative impacts when trying in dispose in the secondary market.

henceforth from fair perspective: when there are choices, just avoid HTC unless you got no choice or liking much to the project itself. imo setia alam/klang still have plenty of lands as compared to urban districts/CBD KL.
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slee03
post Oct 20 2020, 09:53 PM

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QUOTE(propertyowner @ Oct 20 2020, 09:25 PM)
Good research bro 👍

Will the same hypothesis applicable to all nearby htc projects incl HUNi?
Specs might varied.

Again developer should design such that the edge is shifted deeper/inside  as 70meter is kind of ridiculous.
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Got it from Suruhanjaya Tenaga website. Apparently, the exposure amount is very minimal, way below the limit set by several developed countries.

70m distance from Tower B unit #01 and #32. Still comply with regulatory requirement and exceed minimal distance. Otherwise TNB will not allow the construction of building close to it. Tower A is at the other end.

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slee03
post Oct 20 2020, 10:56 PM

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Glad that we're all into this project, finally. See you in the next 36 months from now!

Cheers to all neighbours and investors alike 😊

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