Ive just received the cc copy of the developer letter to my RHB bank requesting for disbursement. Hopefully they will be able to do so b4 the due date or else i will have to bear the 10% p.a interest for late payment.

Just need to check with lawyer and the bank to make sure there wont be any delay on disbursement.

By the way, i still not yet received a copy of the S&P from the lawyer..
Everytime call them they tell me wait.

It's been almost 2 months i signed the S&P oledi....

is de developer lawyer handling ur bank loan agreement as well?

yup.. at the begining i use other lawyer to do the loan agreement,
but they developer lawyer call me and say must appoint them to do
the loan agreement... no choice but to give them ...

hi yunalesca...

please check with the Housing Development Ministry, the Housing Development Act has been amended in 2007 and states that Service Apartment is also under the protection of HDA..

You can refer to any of the hundreds Zest buyer to show you the standard HDA SnP ..

Reference

http://www.hba.org.my/laws/hda/2007/A1289-2007.pdf

Quate from Page 5:

© by substituting for the definition of “housing development”
the following definition:
‘ “housing development” means to develop or construct
or cause to be constructed in any manner whatsoever
more than four units of housing accommodation and
includes the collection of moneys or the carrying on
of any building operations for the purpose of erecting
housing accommodation in, on, over or under any
land; or the sale of more than four lots of land or
building lots with the view of constructing more than
four units of housing accommodation;’.



This post has been edited by eugene jk: Jul 25 2009, 04:10 PM

will resident in Zest get individual water meter for free water? has this issue confirm yet?

I din get anything yet........then next month we need to start paying for interest...............

Anyway my unit is in Block C im sure those who bought Blaock C will be receiving the letter very soon.

Its a cc letter to us from the Developer to the Bank.

Back from the sales office.

The sales have been very encouraging. I think there are only around 20~35 units available. Most of them are Tower A above 15th floor which are understandable due to higher prices. (I saw 1-2 deals done on the spot).

The showroom in the site is READY according to my SA but due to some technical issue such as telephone line, it is not yet opened to public. According to him, even the interior design is ready

For my case on EPP, no issue anymore as the manager was very friendly. Maybe this is after some discussion between my SA and him before meeting me The only issue I'm facing is the CC's Credit Limit Should have increased the credit limit from Day 1 - couldn't afford 25k credit limit :S - or maybe I'm too poor compared to others here

There was food served but as I reached there late (around 1:30pm), the food was no longer nice

I have snapped some photos - nothing much to update actually but better than none, right? Gonna post up later.


eugene jk - can you confirm about the water meter? According previous discussions, it should be normal rate/method as per what condos are having. Once the management is handed back to the owners, we can decide to have it individual water meter to enjoy normal rate directly from SYABAS. Kindly enlighten us on this

Hi Kimhoong..

Bcos Zest sits on commercial title, as far as the article published on the paper, it only states apartements and condos which I presume those sitting on residential land are qualified.

Service Apartment is always a grey area, i think we can consult with the developer and see what is the direction

< double post >

This post has been edited by kimhoong: Jul 27 2009, 12:02 AM

There is someone from Zest told me that, water bill will be pay directly to Zest and no free water from Syabas.

Some photos to show the showroom - sorry, no time to go behind site to take photos of better views.

Mine is block C....should receive in coming week.....

---

Added on July 27, 2009, 1:08 amThis is quick man.....plz update us when the unit is ready....

This post has been edited by paul5005: Jul 27 2009, 01:08 AM

better you make your case known to the developer. otherwise you will be slapped with some late interest charges that is of not your fault. you must make sure you received a copy of the undertaking letter from the banker pertaining to the loan. otherwise, there is no disburement from them even you have signed the loan agreements.

Update update a bit lah...with the Zest original inhabitants shown as well...hehe

I have received the letter as well and my purchased unit is in Block B. So fast??

bravo bravo

Can see your effort to go extra miles to get these photos

In that case they should be buidling Block C and B simultaneously.

Not sure about Block A, Anyone from Block A have received the letter as well?

i got the letters for the next 10 % too..
T_T there goes another 20k++..