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Financial The Zest at Puchong Kinrara, Pls update the latest news ^_^
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eugene jk
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 Mar 11 2009, 04:35 PM
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KUALA LUMPUR: The RM10,000 tax deduction for interest on housing loans will only be applicable for one property which is not being rented out.
The incentive, which was announced in the so-called “mini budget” on Tuesday, applies to Malaysian citizens who will live in that house, flat, apartment or condominium.
Inland Revenue Board (IRB) chief executive officer Datuk Hasmah Abdullah said the sales and purchase agreement for the house had to be executed between March 10 2009 and Dec 31 2010.
***DXXX ... I just sign 3 days earlier
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gunnerstkd
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Mar 11 2009, 04:42 PM
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Getting Started
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QUOTE(eugene jk @ Mar 11 2009, 04:35 PM) KUALA LUMPUR: The RM10,000 tax deduction for interest on housing loans will only be applicable for one property which is not being rented out. The incentive, which was announced in the so-called “mini budget” on Tuesday, applies to Malaysian citizens who will live in that house, flat, apartment or condominium. Inland Revenue Board (IRB) chief executive officer Datuk Hasmah Abdullah said the sales and purchase agreement for the house had to be executed between March 10 2009 and Dec 31 2010. ***DXXX ... I just sign 3 days earlier unsign and re-sign... probably you can talk to the lawyer? |
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eugene jk
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Mar 11 2009, 04:44 PM
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Yea.. i will try.. 3 years is a lot man...
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TSsk_lim_taurus
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Mar 11 2009, 04:45 PM
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Getting Started
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QUOTE(eugene jk @ Mar 11 2009, 04:35 PM) KUALA LUMPUR: The RM10,000 tax deduction for interest on housing loans will only be applicable for one property which is not being rented out. The incentive, which was announced in the so-called “mini budget” on Tuesday, applies to Malaysian citizens who will live in that house, flat, apartment or condominium. Inland Revenue Board (IRB) chief executive officer Datuk Hasmah Abdullah said the sales and purchase agreement for the house had to be executed between March 10 2009 and Dec 31 2010. ***DXXX ... I just sign 3 days earlier emm... then u r not entitled lor? OMG... i've not go thru the details yet... but, in fact, i'm not much affected. 10k for tax relief, doesn't help a lot. some more, i need to have great amount of loan value then only can fully utilized the benefit. but, who wanna commit the expensive loan to enjoy the tax relief ler? cheh... still not seeing the actual benefits to middle salary range group. This post has been edited by sk_lim_taurus: Mar 11 2009, 04:48 PM |
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walle
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Mar 11 2009, 04:58 PM
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haha..icic..they din mention will tint the windows but they will install 1.5hp aircond in living room and another 1hp aircond in master room then piping completely conseal (for those who take pool view)...since discount of rm3888 no more avail...they also confirm got 2
lrt station (1.5km between the station) and showed me the nanyang newspaper cutting..
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propcritic
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Mar 11 2009, 05:45 PM
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Getting Started
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We have now 17 units going for our group loan package. Some will be given BLR-2.2 due to their lower risk portfolio and credit rating. ZEC and without MRTA. RHB is also throwing in a DVD player each.
Btw, RHB's lock-in period is from its 1st disbursement/drawdown where as most banks, including PBB, have lock-ins of 5 years from final disbursement of loan. As such, effectively, RHB's lock-in is 2 years from VP where as for PBB, the lock-in period of 5 years starts from VP....overall 8 years (3 years during construction and another 5 years upon VP) Do check your letters of offer...
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chenster
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Mar 11 2009, 06:10 PM
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which bank did y'all group loan on ?
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dannyl77
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Mar 11 2009, 06:17 PM
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Getting Started
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QUOTE(babana @ Mar 11 2009, 12:41 PM) haha, yea...i'll have to agree with u on the traffic problem but i guess prospective buyers of any puchong properties would have factored that in already before purchasing a unit there...heheh but i've some comments on ur points though: 1. High Density With Service Aparments / Retail / Shop / Office & LRT nearby - will create problems as in Parking Problems & Traffic Problems....There will be some traffic issue as well as the Main Road in front of Zest is Widely used by a lot of ppl to avoid toll paying.....true, its pretty high density at 720 units...but bear in mind 240 units (Block A) has already been sold en-bloc to a korean investor...which would most likely mkt it to foreigners as their holiday home or for expat living. hence i foresee the actual number of ppl staying there to be less than 720 families...or if they really are fully occupied, they quality of ppl there will be better too! (just my 0.02, dun flame me!  )2. Service apartment... Higher Living cost.....based on the HDA, utility bills cost the same already as other residential properties. and maintenance is only RM0.165 per sq ft...lower than many other condo developments3. Bcos of the High Rental Yields due to Transportation Convenience LRT , a Lot of PPl to rent out their Property , hence it will result in Mixed Population ..... if u say the rental yield is high, that means the rental would be more expensive compared to other like properties. hence, i guess only ppl from more better-to-do families would be able to rent there...which leads to my 1st point again, better spectrum of ppl staying there!  . . . (oh btw, i'm getting it for investment too..haha)Hi Babana.... U got a Very good Point there.....  , I would definetly get the KL view one too if i have bought it ........ BTW , Just wondering ...... How many has bought it for Own Stay ???.... & How Many is for Investment ??.... This post has been edited by dannyl77: Mar 11 2009, 06:20 PM |
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propcritic
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Mar 11 2009, 06:19 PM
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Getting Started
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QUOTE(chenster @ Mar 11 2009, 06:10 PM) which bank did y'all group loan on ? RHB has the best group rates at the moment. I've also approached Public Bank but their longer lock-in period and the need, generally, for MRTA....not so attractive leh |
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chenster
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Mar 11 2009, 06:36 PM
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i tot MRTa is good for u?
in case..
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propcritic
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Mar 11 2009, 06:39 PM
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Getting Started
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QUOTE(chenster @ Mar 11 2009, 06:36 PM) i tot MRTa is good for u? in case.. Not for investors leh....overall MRTA protects the banks more, in case... |
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stephanie_437
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Mar 11 2009, 07:54 PM
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New Member
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QUOTE(eugene jk @ Mar 11 2009, 04:35 PM) KUALA LUMPUR: The RM10,000 tax deduction for interest on housing loans will only be applicable for one property which is not being rented out. The incentive, which was announced in the so-called “mini budget” on Tuesday, applies to Malaysian citizens who will live in that house, flat, apartment or condominium. Inland Revenue Board (IRB) chief executive officer Datuk Hasmah Abdullah said the sales and purchase agreement for the house had to be executed between March 10 2009 and Dec 31 2010. ***DXXX ... I just sign 3 days earlier Eugene..I've spoken with the agent Joe, he said the agreement can be post dated and that he will do that for me.. you might want to check with your agent... |
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eugene jk
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Mar 11 2009, 08:11 PM
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QUOTE(stephanie_437 @ Mar 11 2009, 07:54 PM) Eugene..I've spoken with the agent Joe, he said the agreement can be post dated and that he will do that for me.. you might want to check with your agent... Hey Stephanie.. you are the best  Thank you and I will call Tee n Teoh tmr  |
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gunnerstkd
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Mar 11 2009, 09:38 PM
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Getting Started
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QUOTE(stephanie_437 @ Mar 11 2009, 07:54 PM) Eugene..I've spoken with the agent Joe, he said the agreement can be post dated and that he will do that for me.. you might want to check with your agent... new gal spotted  identify yourself.. which block?  |
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babana
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Mar 11 2009, 09:46 PM
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QUOTE(gunnerstkd @ Mar 11 2009, 09:38 PM) new gal spotted identify yourself.. which block? obviously block C lor...block A is not for sale n block B is not launched yet...lol! should ask which floor / unit instead!! |
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eugene jk
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Mar 11 2009, 09:50 PM
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QUOTE(babana @ Mar 11 2009, 09:46 PM) obviously block C lor...block A is not for sale n block B is not launched yet...lol! should ask which floor / unit instead!! HAHAHHAHAHAHAHAHAHAHAHAHAHHAHHAHAHAHAHHAHAHAHAHHAHAHAHHAHHAHAHA |
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Hengjones
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Mar 11 2009, 09:52 PM
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Getting Started
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QUOTE(propcritic @ Mar 11 2009, 05:45 PM) We have now 17 units going for our group loan package. Some will be given BLR-2.2 due to their lower risk portfolio and credit rating. ZEC and without MRTA. RHB is also throwing in a DVD player each. Btw, RHB's lock-in period is from its 1st disbursement/drawdown where as most banks, including PBB, have lock-ins of 5 years from final disbursement of loan. As such, effectively, RHB's lock-in is 2 years from VP where as for PBB, the lock-in period of 5 years starts from VP....overall 8 years (3 years during construction and another 5 years upon VP) Do check your letters of offer...  Good deal |
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keithcky
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Mar 11 2009, 10:08 PM
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QUOTE(propcritic @ Mar 11 2009, 05:45 PM) We have now 17 units going for our group loan package. Some will be given BLR-2.2 due to their lower risk portfolio and credit rating. ZEC and without MRTA. RHB is also throwing in a DVD player each. Btw, RHB's lock-in period is from its 1st disbursement/drawdown where as most banks, including PBB, have lock-ins of 5 years from final disbursement of loan. As such, effectively, RHB's lock-in is 2 years from VP where as for PBB, the lock-in period of 5 years starts from VP....overall 8 years (3 years during construction and another 5 years upon VP) Do check your letters of offer... RATES FROM RHB, BLR-2% is ZEC, BLR-2.2% is NZEC. |
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cedrickang_8
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Mar 11 2009, 10:24 PM
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Getting Started
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QUOTE(propcritic @ Mar 11 2009, 05:45 PM) We have now 17 units going for our group loan package. Some will be given BLR-2.2 due to their lower risk portfolio and credit rating. ZEC and without MRTA. RHB is also throwing in a DVD player each. Btw, RHB's lock-in period is from its 1st disbursement/drawdown where as most banks, including PBB, have lock-ins of 5 years from final disbursement of loan. As such, effectively, RHB's lock-in is 2 years from VP where as for PBB, the lock-in period of 5 years starts from VP....overall 8 years (3 years during construction and another 5 years upon VP) Do check your letters of offer... Hi Prop, How can i apply for this group package?thanks. Anyone have the standard chartered home loan officer contact?want to try this bank for my housing loan..thanks ya.. |
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