Called my SA on Friday and asked about the sales. It wasn't as good as before due to the higher prices for 15th floor and above and limited units for lower price units.

BTW, I face some issue in Housing Loan Head to the Housing Loan thread if you are interested to help.

I believe he wanted to share with us on his experience on renting to the foreigners.

I also have a friend who is studying in IMU saying that foreign students are nice in general.

FYI, I'm buying for own stay.

I'm also facing some issue with the procedure after signing S&P.

As I am withdrawing EPF to pay the downpayment of 10%, I was told by the lawyer that necessary documents will be handed to the developer to sign/acknowledge and then, a letter (don't know what the name) will be handed to me for EPF withdrawal application.

I have signed my S&P 2 weeks ago. Until now I still haven't get that letter and I could not proceed with my EPF withdrawal application. I am a bit worried about this because from what I read, I have 21 days only for EPF withdrawal application.

Can anyone share their experience with EPF withdrawal application?

What I am in doubt with is: when is the mentioned 21-days period start counting?
1) Is it right after I signed the S&P?
2) Is it after the developer & the lawyer return a copy of S&P (with all the documentations signed by developer)?

From what I know, when the time comes for me to collect it, I'll need to sign a confirmation. Is this 21-days starts from this?

Anyway, I'm going to call the lawyer now!

Just got confirmation from the lawyer.

The 21-day period starts after I collect the S&P copy.

This post has been edited by kimhoong: Jul 8 2009, 02:42 PM

I don't think they have increased the price recently.

I got mine around 280k (high floor)

So, I'm sure that the price is around 260k onwards


Question:

What is the minimum value of property that foreigner can purchase in Malaysia?

This because previously they claimed that 15th floor onwards were for Korean but then due to "change of the laws", it did not materialize.

This post has been edited by kimhoong: Jul 8 2009, 11:21 PM

Yes, I am interested to know this. Any reliable source is appreciated

The Zest is in Selangor. The whole BK is in Selangor. Only Alam Sutera, Paragon Heights are in KL.

Check it out map.google.com

sorry for being misleading on map.google.com as I only checked on the Zest and its nearby surrounding

Anyway, it's good to know more. Thanks Eugene.

Try to take a look inside the construction site. There is a standalone shoplot unit. I was told that it will be used as the showroom (although I wonder how - the dust in construction site can kill)

Sounds good news to me:
http://thestar.com.my/metro/story.asp?file...124&sec=central

I'm not hoping for the free water.

I'm only hoping for individual water metering cos the difference in water changes is tooo big!

My progress: Waiting for S&P duplicate copy from developer/lawyer for EPF withdrawal application

Maybe we can have a small gathering when the showroom is ready, sounds good?

It may due to:
a) the showroom construction is too slow
b) the sales is too fast



Do you guys face any issue with the developer's lawyer? I do

There was a page stating my block and type which is wrong during the S&P signing and the lawyer told me to make a remark there and they would amend it. Today, when I collect my duplicate copy for EPF withdrawal, the mistake is still there I called and asked and was told to proceed with EPF application! I guess I have little choice cos the due date for 10% downpayment is 21 days after S&P duplicate copy is ready

I believe it's Ms Teoh.

Yes, they do NOT have showroom. I don't know about other project sales, but this one is really booming !

No. Not in this project.

But I heard their other project in Puchong (Semi-D/Banglo/Link house?) which offers great benefits !

---

Added on July 13, 2009, 10:54 pmOh, it's here:

http://www.trinitytowers.com.my/properties...ndex_about.html

This post has been edited by kimhoong: Jul 13 2009, 10:54 PM

Can we apply for EPF withdrawal and pay by credit cards with 0% interest 12 months EPP?

Yeah, I saw that advertisement too when I went there to collect my duplicate copy of S&P - but I was a bit disappointed with the reception cos nobody serves me although there was only one customer (a couple) besides me.


I also forgot to ask about the individual water piping. Maybe someone who is going to the office in these few days; try to get some clarification...

Oh, it's my fault on the naming part.

So, confirmed that we are not going to get it?


This is the news, anyway:

Issue:

I am withdrawing EPF for 10% downpayment and am waiting for EPF approval.

I want to pay this 10% downpayment according to the 12-month interest-free installment via credit card.

My SA told me that I am not eligible for this "package".

I asked him for the "requirements". He told me that those who opt for EPF withdrawal will not be getting this "package".

Share your opinion


What if...

I want this package so badly that I forfeit/reject/spoil/cancel my EPF withdrawal application? My SA told me I CANNOT do that!
I kept asking for the "requirements" validity and he then told me that it's his boss' decision on this.


My question: Does my EPF application has anything to do with it? I always think that to take EPF or not IS MY PERSONAL decision and the developer should not question about it as long as I can afford the 10% downpayment (follows by 90% bank loan).


Kindly enlighten me

Yes, this is my first EPF withdrawal.

I was asked whether I would take EPF withdrawal for the 10% downpayment and I said "yes" (cos I did not know much about the process back then )

Anyway..
Is it justified to state that the package "only" eligible for those who is NOT withdrawing from EPF?

(one again, the above question is also related back to "Whether it is the concern of the developer to know how/where we get the 10% to pay them?" -or- it is the buyers' right and has nothing to do with the developer?)

Regarding the documents etc... ONLY THREE important documents are required for EPF withdrawal application:
1) S&P
2) Bank Loan Letter of Offer (signed)
3) IC

Personally, I believe the above 3 documents are my right to possess regardless if I am withdrawing EPF or not.


again.... I am not 100% sure what I mentioned above is right. Kindly enlighten me

This post has been edited by kimhoong: Jul 21 2009, 04:46 PM

I can summarize that what's in my mind is the same as what you mentioned. I'm bringing this case to the developer this weekend. My guts tell me that they will say:
1. This is a "kind offer" from the developer which is not documented together with the project.
2. This offer promotion period has ended <<---- most likely the case
3. This offer is only for Block x while your unit is on Block y
4. etc...

This post has been edited by kimhoong: Jul 21 2009, 05:18 PM