This is my comment last time.

MRTA - The Protection value will reduce based on year. The Protection is tied to House, not to the Owner. When you refinance or let go the house, all premium that you paid will be burned.

MITA - Life insurance from Insurance Company. Protection will increase and is bonded to Owner. You can also pay additional for investment link. When you refinance or let go the house, the policy is still running. If you would like to have higher protection, you can top up anytime.

For my case, my protection of 150k cost me RM150 per month. Every complete year, my protection will grow 1%. If I would like to top up to 250k, for my case, the additional premium is about RM50-80 per month. A portion will grow as saving (1st Advantage). It covers death, disability and critical illness (2nd Advantage). Every complete year, it will grow 1% (3rd Advantage). After 5 yrs will break event (4th Advantage). Every half yr will receive a statement on the growing of the savings.

Hope the info helps.

p.s.: I've missed a point. I started my MITA same day when I booked the unit in December. haa.. fast ler...

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Added on March 19, 2009, 5:43 pmwhose know maybe propcritic is the youngest.. haaa....

This post has been edited by sk_lim_taurus: Mar 19 2009, 06:21 PM

For MLTA, not matter u sell / refinance / 'dai ka lai si', you still get the benefits. the graph is growing based on year But the amount for MRTA is dropping based on year lor. pls correct me if i'm wrong.

but, if you are looking for short term, or less cost, MRTA is good.

p.s.: Bye guys. will not log in until Monday. Hope you guys keep roll the topics. Have a nice weekend!!!

This post has been edited by sk_lim_taurus: Mar 19 2009, 06:33 PM

Hi. I'm back.

Joyce, I bought it for own stay.

Well, I received a call from RHB banker. There is no 'special rate' or 'group rate'. Generally, all purchasers can get ZEC BLR-2.1 or 2.15. It will be a standard rate unless you take MRTA. I've checked with Developer as well. They've appointed Ms Ooi as the person incharge. Anything can go for her.

Well, so far, the panels are OCBC, RHB and EON bank. These 3 banks are for sure will include Residency and Car Park loan together. OCBC will also come out with a standard rate. EOB Bank might be a bit bit different cos they will consider based on case.

Not the appointed bank but tied to this project. But the rate is very different based on personal profile.

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Added on March 23, 2009, 10:08 amYa.. The rate is your initial afford. You did help to fight for the good rate. But, i think after that the conflict affecting the operation. Thus, the MGM decided to standardize the rate. Since Ms Ooi is the one who incharge for this project, then evything goes back to her liao.

This post has been edited by sk_lim_taurus: Mar 23 2009, 10:08 AM

OCBC is offering BLR-2.2 for NZEC, not ZEC ler. For ZEC, they only offer BLR-1.9.

Block C

1)sk_lim_taurus
2)eugene jk
3)gunnerstkd
4)Hengjones
5)Cream
6)Maxsimax
7)propcritic
8)Pai
9)chenster
10)cedrickang_8
11)babana
12)shiewwai85
13)stephanie_437
14)lakini80
15)keithcky
16)citron
17)pliew
18)buzybug
19)feifei2
20)trusted519
21)paul5005
22)syndic
23)joycelsq
24)ghinna_lm
25)slyren00
26)ahPiYeh
27)Chet

Hey... wanna meet this Thursday? We can Dinner in Puchong.

Yes. Loan Package from OCBC, RHB and EON all inclusive car park loan. OCBC is offering BLR-2.25 NZEC / financed legal fees and BLR-1.9 for ZEC.

hi, u get RHB ZEC-2.15? without MRTA?

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Added on March 23, 2009, 6:55 pmYes. When OCBC announced the rate of BLR-2.25, i was shocked as well. but, pls be alert. BLR-2.25 is for NZEC or ZEC+financed legal fees. ZEC+financed legal fees doesn't meant free legal fees but they add the legal fees to loan amount. so u have to pay back as installment as well. Pls don miss up.

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Added on March 23, 2009, 6:57 pmi paid my MLTA since December... guess i'm the earliest...

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Added on March 23, 2009, 6:58 pmSo far all my Offers from RHB, OCBC and EON lock me for 5 yrs, from 1st draw down.

This post has been edited by sk_lim_taurus: Mar 23 2009, 06:58 PM

another call me kum jie liao.. ai yo..

BLR-2.15 with MRTA ar... then not much different la... just different of 0.05...

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Added on March 23, 2009, 7:41 pmhi, propcritic.

as I know, no matter you are under group or not, u will still receive call from RHB for the revised rate. even if you already signed the offer letter, they will still change to the revised rate, meant BLR-2.1 for ZEC without MRTA, or BLR-2.15 or 2.2 with MRTA.

this is the confirmation that I received from RHB.

if there is someone that get different info, pls update us. TQ~~

This post has been edited by sk_lim_taurus: Mar 23 2009, 07:42 PM

For me, i'm checking among EON and RHB. both offering ZEC BLR-2.1. One is Full flexi and another is conventional+withdraw facilities.

so looking at the service. the banker might only work for the bank sometimes only. so if compare EON and RHB, which is the reputable bank? Anyone pls comment?? Arigato~~

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Added on March 24, 2009, 9:30 amthe 0.05 is abt RM6 per month, 0.1 is abt RM13 and 0.15 is abt RM20..

This post has been edited by sk_lim_taurus: Mar 24 2009, 09:30 AM

normally bank won do so cos it will spoil their reputation = lost customers. but there will be the reserved rights that if in critical time, bank can do so.

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Added on March 24, 2009, 11:15 ammy EON banker is Isabella, 012-6173 729. She is from the appointed branch.

This post has been edited by sk_lim_taurus: Mar 24 2009, 11:15 AM

Yeah~~~ Totally agreed with you. I'm having the same opinions as well.

emm... since our S&P is free legal and take ZEC, will it still affect us?

ya.. same feeling.. that's why become very 'sian' waiting here and there to counter offer the rates. but, when i signed the offer letter last Friday, I feel RELEASE! In fact, the day when I've made my decision, I oledi felt it! haa... now waiting the processing of loan agreement.

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Added on March 31, 2009, 12:45 pmWow!! It is great to have longer and longer list! YEAH!!!

These 2 weeks was very very busy until not follow up with the news abt the Ramp and LRT stations. Guess only able to check with it after return from Taiwan. Anyway, frens, pls keep me posted ya. Arigato~~

This post has been edited by sk_lim_taurus: Mar 31 2009, 12:46 PM