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 Bukit OUG Condo, Any information?

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post Jun 9 2012, 10:12 PM

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QUOTE(INU @ Jun 9 2012, 02:25 PM)
selling blk 6 low floor any offer 1465 sq ft ?
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Facing where?

22222222
post Jun 13 2012, 02:06 PM

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QUOTE(INU @ Jun 11 2012, 02:26 PM)
facing pool
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Please PM me your best offer price. TQ


Added on June 13, 2012, 2:09 pm
QUOTE(keithcky @ Jun 11 2012, 11:03 PM)
Wah studio very 'cheong sau' wor biggrin.gif
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OF course lah....u sapu so many unit....bro...give a chance to orang lain lah.... biggrin.gif

This post has been edited by 22222222: Jun 13 2012, 02:09 PM
22222222
post Jun 13 2012, 02:15 PM

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QUOTE(MaiGehGeh @ Jun 12 2012, 08:13 AM)
Bro Dai dee's unit most " cheung sau " by me.
smile.gif
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Aiyo....still want my unit.....now i oni know my unit is the best in B.OUG....hahaha biggrin.gif

I going to sell my unit at 480k next year, after strata title and repaint in place....so that time u still want my unit or not? biggrin.gif
22222222
post Jun 14 2012, 10:45 AM

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QUOTE(yeeck @ Jun 13 2012, 10:42 PM)
My bank's lawyer asking for the following items from the seller's lawyer since 1 month ago and still no reply:
1) Copy of principal s&p agreement to the property
2) Copy of current assesment receipt
3) Copy of current year quit rent receipt
4) Copy of master fire insurance polocy to the property
5) Copies of latest receipts for outgoings to the property from the management

What do you think I should do?

Oh btw, another thing is, the seller's bank (PBB) have not released the letter of redemption.
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I can't see and difficulty to get this all documents. This is normal documents requested when S & P.

1) You can ask the lawyer to write in to seller banker to request a copy or ask seller to get a copy to you
2) Jz get a copy from seller
3-5) You can ask seller go to Management to get a copy and pass to you

What r i feel that difficult part is get the consent from liquidator, this liquidator really "nan gao". If you can gao dim the liquidator, 3+1 month finish the transaction is possible. smile.gif


Added on June 14, 2012, 10:53 am
QUOTE(kheong_choon @ Jun 13 2012, 11:01 PM)
Today I check with an agent on how is the s&p going on for this condo, according to her is u need to wait for at least 9 months before you can actually get the unit transfer to u and starting renting, is tat true all dai kHor and dai jie here? Btw, I m looking for a unit for imvestment purpose.
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Buy the unit which is verified by liquidator. The process will be less than 6 months.


This post has been edited by 22222222: Jun 14 2012, 10:53 AM
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post Jun 14 2012, 04:43 PM

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QUOTE(smsam2 @ Jun 14 2012, 01:18 PM)
Unfortunately, most buyers will just look at price when they make the purchasing decision.
Verified or not, they are not interested until they've made the purchase and want to transfer the title, then WHAM!!! got stuck.
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For time being, Verified by liquidator for actual owner for particular unit is very important, because there will save a lot of time when you purchase the verified unit.

If oni different 10k within verified and not verify unit, i suggested you go for verified unit, because it will save you a lot time, and oso no need face problem of the title cannot transfer due to seller lost their S&P original copy or not keen to pay 2% verification cost. (eg. verification cost for 250k property, the seller needed to pay the liquidator 5k before get the consent from him)

That's why now Management was working hard to get our strata title asap, to get out from this all kind of "man fan" thing.

Of course, once the strata title out...the selling price will be different already. biggrin.gif

22222222
post Jun 14 2012, 05:24 PM

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QUOTE(yeeck @ Jun 14 2012, 05:15 PM)
Ok, I just contacted the seller's lawyer even though I shouldn't be liaising directly with them..biggrin.gif They have replied with the documents it seems except for the quit rent receipt which is pending from the Management office. According to my lawyer, the liquidator is not 'nan gao' but is quite responsive. The obligation by the seller to pay the liquidator fees is also clearly specified in the S&P, so my advice to other potential buyers are, make sure that is explicitly stated in your S&P.

Now the only pending thing is the redemption letter from PBB...blardy slow lah.
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Oh...welcome to B.OUG big family. smile.gif Own stay or investment?
22222222
post Jun 14 2012, 11:24 PM

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QUOTE(yeeck @ Jun 14 2012, 05:43 PM)
Investment.

Blardy hell...my end-financier OCBC now said they need the master title before can proceed with the drawdown since strata title is not out yet. When can this happen? OMG!
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Haha....since you say the liquidator easy to "gao dim", so u can get a Master title copy from the liquidator lol biggrin.gif

Currently the master title with Liquidator.... smile.gif

For foreign bank, they always Kiasi....if possible please use local bank for B.OUG much easy....bank example cimb, pbb or ambank.


Added on June 14, 2012, 11:36 pm
QUOTE(kelvinlee27 @ Jun 14 2012, 11:12 PM)
this building look like no so much people to stay ,because too deep. so have to consider you want to stay or invest
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haha......r u sure not much ppl stay there? hmm.gif


If you said 5 years ago....i said YES.

5 years ago when i move in roughly 40% occupied, now i would said is double. why i say so, because 5 year ago i can park my car anywhere, there is a lot of empty space, now if i park wrong space, tomolo morning my car sure kena clamp. rclxub.gif





This post has been edited by 22222222: Jun 14 2012, 11:36 PM
22222222
post Jun 19 2012, 11:51 AM

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QUOTE(MaiGehGeh @ Jun 19 2012, 10:49 AM)
Suddenly so hot b.oug. rclxms.gif
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Latest Title settle 1-hot, Repaint completed 2-hot, LRT finished 3-hot, WCT OUG mall and Jalil City completed 4,5,6,7,8,9,10-hot.... biggrin.gif

How you think OUG mall or Jalil City faster?
22222222
post Jun 19 2012, 11:24 PM

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QUOTE(yeeck @ Jun 19 2012, 10:45 PM)
Title bila mau settle oh?
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U punya unit settle dulu, baru cakap title lah... tongue.gif

OK lah...because u....this week i go to Management colek news....tengok bila boleh jadi.... biggrin.gif


Added on June 19, 2012, 11:25 pm
QUOTE(MaiGehGeh @ Jun 19 2012, 03:35 PM)
Wish one of them success I happy liao...
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Oh....u hv how many unit at B.OUG.... rclxms.gif rclxms.gif

This post has been edited by 22222222: Jun 19 2012, 11:25 PM
22222222
post Jun 27 2012, 12:50 PM

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QUOTE(JV88 @ Jun 26 2012, 01:17 PM)
Dunno whether later they will make it G&G or not...cosidering they are fully aware of the Bukit OUG visitors habit of simply park everywhere  biggrin.gif
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Definitely is G&G, but the guard oso need cari makan, maybe give him RM2~3/night.....he will open the gate welcome you neh..... biggrin.gif

anyway, anybody heard about the management oso allow parking inside at night(visitor parking) RM10/night?
22222222
post Jul 3 2012, 08:12 PM

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QUOTE(BBSH @ Jul 3 2012, 07:45 PM)
Announcement from Ho Hup this evening - some good news coming to Bukit Jalil?

HO HUP CONSTRUCTION COMPANY BERHAD ("Ho Hup" or "the Company")
- KUALA LUMPUR HIGH COURT SUIT RELATING TO THE JOINT DEVELOPMENT AGREEMENT DATED 16 MARCH 2010 BETWEEN BUKIT JALIL DEVELOPMENT SDN BHD AND PIONEER HAVEN SDN BHD ("SUIT")


Reference is made to the announcements made on 27 April 2010, 30 April 2010, 5 May 2010, 17 June 2010, 25 June 2010, 7 July 2010, 12 August 2010, 13 October 2010, 29 November 2010, 30 March 2011, 19 May 2011, 7 June 2011, 20 June 2011, 20 December 2011, 17 January 2012, 31 January 2012 and 17 May 2012.
The Board of Directors of Ho Hup wishes to inform that Ho Hup, Bukit Jalil Development Sdn. Bhd. ("BJD", a 70%-subsidiary of Ho Hup) and Pioneer Haven Sdn. Bhd. ("PHSB", a wholly-owned subsidiary of Malton Berhad) had come to an amicable settlement of the Suit under the terms of a Supplemental Agreement entered between BJD and PHSB on 3 July 2012 ("Supplemental Agreement"). Ho Hup has agreed to discontinue its appeal to the Federal Court and to withdraw the Suit and any ancillary matters related thereto without admission of any liability and with no order as to costs and no liberty to file afresh, inter alia, upon the execution of the Supplemental Agreement.

Amongst others, the main principal of the Supplemental Agreement is as follows:-

1. Land

The joint venture development of the land held under Geran 42277, Lot No. 36101, Mukim of Petaling, Daerah Kuala Lumpur, Negeri Wilayah Persekutuan measuring approximately 243,000 square meter ("the Land") shall be on five sixths (5/6) of the Land measuring approximately 202,500 square meter ("the JV Land") instead of on the Land as a whole.

BJD shall be entitled to develop the remaining one sixth (1/6) portion of the Land measuring approximately 40,500 square meter and encompassing Parcel A which comprise approximately 5.9 acres of land with approved development order based on plot ratio of 3.09 ("BJD's Land"). Parcel A consists of an office tower and shop offices. The balance of BJD's Land measuring approximately 4.1 acres and with a minimum of 139,321 square meter in gross floor area is earmarked as development for high rise residential units.

2. Revised Entitlement

BJD's entitlement shall be eighteen percent (18%) instead of seventeen percent (17%) of the total Gross Development Value ("GDV") of the JV Land to be developed by PHSB, subject to a minimum value of entitlement of RM220 million ("BJD's Entitlement").

3. Settlement of Indebtedness

PHSB agrees and undertakes to pay for and on behalf of BJD and Ho Hup towards the servicing of monthly interests and the redemption of the secured loan of RM75 million from Insas Credit & Leasing Sdn. Bhd. and the payments so made by PHSB shall be treated as an advance of part of BJD's Entitlement.

4. Financing

PHSB agrees to endeavour to assist BJD to secure bank financing of up to RM20 million for the development of BJD's Land.

5. Charge of the Land

PHSB shall be entitled at its own cost and expense to charge or otherwise encumber the Land as security and collateral for purposes of refinancing the indebtedness to Insas Credit & Leasing Sdn. Bhd. as well as to part finance the development cost for the development on the JV Land. PHSB shall procure its financier to provide a letter of undertaking/disclaimer to exclude BJD's Land from any foreclosure proceedings that may be taken against the Land.

This announcement is dated 3 July 2012.
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This call win-win solution lor. rclxms.gif

IMO Hohup make a right decision, because if they still appeal to the court, it will cause them financial more suffer, bear in mind the interest for Insas Credit & Leasing Sdn Bhd rolling day by day.

somemore, WCT OUG mall is coming, maybe this is the main reason for them to withdraw the appeal.



22222222
post Jul 5 2012, 09:24 AM

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QUOTE(yjtan15 @ Jul 5 2012, 12:19 AM)
To all tailors here, just wanna ask if I buy the highest floor and the roof is leaking causing water marks and stains in my unit, who should pay for the repair cost for roof leakage and repaint?management??
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r u buy a unit oledi?
22222222
post Jul 6 2012, 03:59 PM

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QUOTE(keithcky @ Jul 6 2012, 03:35 PM)
Taikor hv u talk to them about this before? The bigger units has more walls than studio lol
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Haha...Aiyo...bro keith....if like that who going to pay the common area wall...neh... biggrin.gif

RM500 is small amount....after repainting i believe your property price with be increase more than this amount lor.....

But, 1 thing is true, i am not really agree on the sinking fund 0.05....how u think.
22222222
post Jul 17 2012, 10:40 AM

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All the bros/sis, repainting will start on November, we have a "new" house next year rclxms.gif
22222222
post Jul 17 2012, 12:31 PM

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QUOTE(yeeck @ Jul 17 2012, 12:17 PM)
I thought I saw repainting started some time ago already. Perhaps you are referring to your block?
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Sometime ago the painting only reach CL level, this time will go for whole buildings (14 blocks) + common area.

The painting process will take around 6 months, you will able to see new face of bukit oug mid of next year.

BTW, i heard that Seedz & Rainz project will be launch end of the year, who have bullet please stand by ohhhh. biggrin.gif
22222222
post Jul 17 2012, 02:44 PM

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QUOTE(keithcky @ Jul 17 2012, 12:54 PM)
Dai dee Kor I baru hantam one more 775sf biggrin.gif
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notworthy.gif u really is my idol. How much u hantam...bro?
22222222
post Jul 18 2012, 04:47 PM

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QUOTE(qqmeng @ Jul 18 2012, 04:22 PM)
ya... i was thinking of increasing to at least RM1,200

but if i increase, the current tenant dont want to continue... i hv to spend quite a fair bit to re-stall the current unit ...

and i m kinda 2 hearted whether or not to increase... hmmm
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Aiyo...go to increase lah.....now common rent at 1.3k ~ 1.6k.....for 1400++sf
22222222
post Jul 18 2012, 05:54 PM

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QUOTE(vince8307 @ Jul 18 2012, 05:45 PM)
how about medium room renting price? I don't have any unit to rent out, but just have one medium room... currently renting RM400. Is it below market price mou?
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RM400 is market value .....

master : 500
Medium : 400
small : 300

Total : 1200


I think the rental for 1222sf around that...right..... biggrin.gif
22222222
post Jul 18 2012, 07:05 PM

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QUOTE(vince8307 @ Jul 18 2012, 06:06 PM)
o....how come rented out 2 years+ no increase geh... sweat.gif
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Be patient...after LRT Station can see liao , u can ask more lor..... biggrin.gif
22222222
post Jul 21 2012, 10:46 PM

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QUOTE(bear-lcc @ Jul 21 2012, 09:56 PM)
Hi all boss/taikor,  i'm looking forward to buy a unit in Bukit OUG unit (any size)?
Anyone can tell a bit the history of this place? When it build? How many units? Any haunted unit (if got) shocking.gif  shakehead.gif  / problem facing?
But just now, when i google i found a new shown below:
Found murdered on 16th floor of the Bukit OUG condominiums

http://kelvinchew.blogspot.com/2005/09/bit...o-gruesome.html

A murdered case happened in 2005, did anyone know which Block actually is???? So i can avoid to buy this units.
rclxms.gif
If anyone got units to let go, kindly pm me.  drool.gif

PS: I am not a agent.
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Since so takut.....jz avoid 16th floor unit will do lol.... biggrin.gif

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