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Financial The Zest at Puchong Kinrara, Pls update the latest news ^_^

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merce
post Jan 4 2009, 07:36 PM

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QUOTE(eugene jk)
Zest @ Kinrara 9
Developer: Trinity Towers
property type: Serviced Apartment

I had spoken to the developer and they mentioned that SC will not provide financing to buyers for this project.



What other bank provide financing for this project?

I know OCBC bank is not at the moment (cause i'm OCBC mortgage banker myself whistling.gif )

Anyway if you are looking for a property, do give me a call.

Provide me the details, your budget and preferance and i'll try to match some property for you.

And if you have inquiries about OCBC mortgage loan, do give me a call. will do me level best to assist you. smile.gif


Regards,


Merce Chua
Mortgage Sales Executive
OCBC Bank (M) Berhad
019 - 913 1127
ChuaCChie@OCBC.com
merce
post Jan 5 2009, 10:26 PM

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QUOTE(sk_lim_taurus @ Jan 5 2009, 11:22 AM)

If OCBC is not tied to this project, can you still provide the home loan service?
Can be done on ad-hoc basis, but subject to approval. No harm trying thou... smile.gif


Regards,


Merce Chua
Mortgage Sales Executive
OCBC Bank (M) Berhad
019 - 913 1127
ChuaCChie@OCBC.com
merce
post Jan 7 2009, 07:52 PM

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QUOTE(sk_lim_taurus @ Jan 6 2009, 09:16 AM)
oic. then mind to let me know wat's the rate offered by OCBC now? TQ~~

Added on January 6, 2009, 9:17 am

TQ~~ i'll go and check it out smile.gif
*
I'll be visiting the developer tomorrow to see what we might be able to come up with.

Will keep u guys update on this thread


Regards,


Merce Chua
Mortgage Sales Executive
OCBC Bank (M) Berhad
019 - 913 1127
ChuaCChie@OCBC.com
merce
post Jan 16 2009, 08:38 PM

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Dear all,


I've visited the Developer last week. Quite an interesting piece of development i'll say.

Too bad i didnt have enough time to look further, but with the LRT station to be completed in the future it looks very promising for rental investment.

Currently we can finance this project on add-hoc basis.

I'm keeping my eye on this project for future reference, since puchong is growing at a rather fast pace lately...


Regards,

Merce Chua
Mortgage Sales Executive
OCBC Bank (M) Bhd
019 - 913 1127
ChuaCChie@OCBC.com
----------------------------
Personal loan service is also now available from me!



merce
post Jan 19 2009, 08:55 PM

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QUOTE(lemon^and^strawberry @ Jan 19 2009, 07:51 PM)
Sounds affordable property. Any nice agent to recommend? Would like to view and consider for this property.
*
Just walk in and ask, the sales agents there are quite approachable.



Regards,

Merce Chua
Mortgage Sales Executive
OCBC Bank (M) Bhd
019 - 913 1127
ChuaCChie@OCBC.com
----------------------------
Call me for the FREE items!! smile.gif
FREE OCBC Mortgage Loan consultancy.
FREE OCBC Personal Loan consultancy.
merce
post Jan 20 2009, 11:48 PM

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QUOTE
MRTA is a protection for bank IMHO..



MRTA/MLTA is the protection for the loan taker/s (and their family), to secure the property over the loan should any happen to them.


QUOTE(eugene jk @ Jan 20 2009, 10:44 AM)
Pay your MRTA up front so that you will not charge by interest.. some bank will suggest you to put it in together with home loan so that the bank can earn more interest on it.

You can have separate Insurance policy (investment link or term) with the sum assured identical with your loan amount and prove it to the bank that your policy is meant for your housing loan.. But not all bank will buy the idea..
*
If you have the money to purchase MRTA, you may wish to do so to avoid compound interest in the loan.

However, its always advisable to have MRTA for your own property under loan. Where as MLTA is actually customized to favour investors.


Regards,

Merce Chua
Mortgage Sales Executive
OCBC Bank (M) Bhd
019 - 913 1127
ChuaCChie@OCBC.com
----------------------------
Call me for the FREE items!!
FREE OCBC Mortgage Loan consultancy.
FREE OCBC Personal Loan consultancy.
merce
post Jan 21 2009, 10:04 PM

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QUOTE(Hengjones @ Jan 21 2009, 06:28 PM)
After reading the discussion, I have more question for the bankers

i)MRTA premium;
ii) Flexi , semi flexi and fixed.

Really have to do thorough research.
Guess i just need to continue making phone call to bankers.
*
give me a call if you are free.

I'm too tired today to post... tongue.gif


regards,

Merce Chua
Mortgage Sales Executive
OCBC Bank (M) Bhd
019 - 913 1127
ChuaCChie@OCBC.com
----------------------------
Call me for the FREE items!!
FREE OCBC Mortgage Loan consultancy.
FREE OCBC Personal Loan consultancy.

Added on January 21, 2009, 10:16 pm
QUOTE(mouldybread @ Jan 21 2009, 02:54 PM)
if the loan is a flexi one then putting the mrta into the loan is better as the effect is the same. for conventional loans then yes the interest will increase...

Added on January 21, 2009, 2:56 pm
not really... even thought technically it appears the be that way...

its going to be a long post for me to explain, and i got another appointment at 10.30pm later, (another 15 minutes to go...)

give me a call and i'll try to explain the thing over the phone. (saves me time to type... its exhausting rclxub.gif )


p/s i'm in the middle of writing a book about mortgages guide. all constructive comments are welcome about malaysia mortgage packages. notworthy.gif


regards,


Merce Chua
Mortgage Sales Executive
OCBC Bank (M) Bhd
019 - 913 1127
ChuaCChie@OCBC.com
----------------------------
Call me for the FREE items!!
FREE OCBC Mortgage Loan consultancy.
FREE OCBC Personal Loan consultancy.

This post has been edited by merce: Jan 21 2009, 10:16 PM
merce
post Feb 10 2009, 01:14 AM

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QUOTE(sk_lim_taurus @ Feb 7 2009, 12:02 PM)
No la. I have not take any loan package yet. but will work it out next week. since the loan package is improved now. so don wan to take too long time to bother myself.
*
do it fast...

with the current changes of BLR, god knows whats gonna happen to the spread...

tongue.gif
merce
post Feb 10 2009, 10:50 PM

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QUOTE(Maxsimax @ Feb 10 2009, 10:39 AM)
smile.gif  smile.gif  Waa...few future owners Of The Zest here!! I've locked in a unit at level 2, Type A...Level 2 + 5 levels of carpark = 7th Floor... ok gua...wondering if I should changed it higher...haha..

Anyway, still wondering, to buy or not to buy....everyone is like still anticipating for a correction in property price...well, who knows what will happen in the coming days...

by the way, does OCBC provides loan service for this property as of now? Thanks...
*
Yes OCBC just approved end-financing for this project.

Give me a call if you need anything. smile.gif


Regards

Merce Chua
Mortgage Sales Executive
OCBC Bank (M) Bhd
Jalan T.A.R
019 - 913 1127
ChuaCChie@OCBC.com
----------------------------
Call me for the FREE items;
FREE OCBC Mortgage consultancy
FREE Personal Loan consultancy
merce
post Feb 19 2009, 12:05 AM

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technically...

If you plan to settle your loan sooner than the proposed tenure, go ZMC/ZEC

If you wish to stick with the installment and the proposed loan period, its better with nZMC/nZEC.

But... if you are familiar with stocks, bonds, investment funds etc etc and able to get higher return from there. take ZMC/ZEC.


my 2 cents cool2.gif

Regards

Merce Chua
Mortgage Sales Executive
OCBC Bank (M) Bhd
Jalan T.A.R
019 - 913 1127
ChuaCChie@OCBC.com
----------------------------
Call me for the FREE items;
FREE OCBC Mortgage consultancy
FREE Personal Loan consultancy
merce
post Mar 17 2009, 08:24 PM

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gathering open for non-buyer or not? tongue.gif
merce
post Mar 21 2009, 02:29 AM

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QUOTE(propcritic @ Mar 17 2009, 09:38 PM)
If you're very leng chai I'm sure the female buyers wouldn't mind, if you're extremely leng lui I'm sure the single guys would be more than willing to add you as their co-purchaser..... thumbup.gif  thumbup.gif  thumbup.gif
*
walao, a couple days only no login the whole thread infested with Zest owners edy...

blink.gif


merce
post Mar 24 2009, 11:17 PM

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new promotion rate from OCBC for nZMC packages~

Promo rates are for limited time only.

please check with your respective OCBC banker at Zest for further information. smile.gif

Promo rate applicable to refinance and sub-sales application as well. rclxm9.gif
merce
post Mar 31 2009, 10:52 PM

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QUOTE
just in case u didn't know, the ocbc offer have new clause stating tat the bank can set a minimum of 3% interest no matter what the BLR is...
so let's say u're getting BLR -2.3% and BLR drop to 5%, u're supposed to get 2.7%, but the bank will still charge minimum of 3%
with the BLR expected to drop soon, it's just something to consider smile.gif

note: i took this package tongue.gif


For a general understanding, this is known as Floor rate.

Floor Rate is the minimum rate the bank will charge you on your loan in the event the Base Lending Rate and Spread Rate goes way below their Cost of Fund.

example; if you are getting BLR -2.00%, and suddenly BLR drops to 2.00% (amen...rclxs0.gif). Having a 0% would have the bank march to bankruptcy...

So Floor Rate is to protect the bank itself from any unforeseen circumstance.

Opposing to the Floor Rate, is the Ceiling Rate which is the maximum interest rate chargeable on your loan.

This post has been edited by merce: Mar 31 2009, 10:59 PM
merce
post Apr 2 2009, 09:41 PM

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QUOTE(francistcc @ Mar 31 2009, 11:40 PM)
so how much is the ceiling rate charge by ocbc?
*
i have to check. tongue.gif i know there's a ceiling rate but as far as i know only islamic loan implement ceiling rates... others dont...
merce
post Apr 9 2009, 12:17 AM

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eeekkk...

i'm missing all the fun~

Pai, ring me if there's a gathering for zest. tongue.gif

less login time for me lately... my work is killing me sweat.gif
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