Thanks for your clarification. It makes sense too for the 1k block to minimize the overhead.
I have just called to double confirm with RHB banker.

The 5 years lock-in period starts from FINAL drawdown.

I even asked if that means the 5 years lock-in period starts after the completion of the project. He said yes

Seriously, something is not right

It will be good to have a RHB representative to clear the cloud.

FYI, the banker in contact is located at Damansara Utama (Regional Sales Centre)

Welcome abroad

U have just made a briliant decision.

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Added on June 30, 2009, 10:35 am
Banana kor, What is TS stand for and where is it located? 

haha, not sure if he's the audi frm the other forum but i'm giving him the benefit of doubt

I went to the sales office, and i didnt like it. For some reason its not appealing to me. Location should be okay because its beside Tesco and stuff. Maybe because apartments in puchong wont appriciate that much

Still... the DBKL flats are eyesores to me.

According to a friend who is staying in Paragon Heights, these flats have been completed some time ago but there is no sign that someone is moving in yet.
As for my progress, I have signed the S&P. Now waiting for the developer & lawyer to finalize the documentation before I apply for EPF.

On the loan part, I am a bit upset. Its either my profile is not good enough or the business is too good, I do not receive many replies from most of my applications. FYI, I have applied for RHB, PBB, OCBC and UOB - only one has replied with positive result while others like not committed.

Thanks for the tips on housing loan.

I really don't know how to describe it. I always think that as a potential customer, I should be the side to get attention and assistance. These bankers are earning a great deal of commission but yet, not committed enough (at least to me).

Maybe I have wrong impression on this and should look at it from another angle.

=========================================

Actually I'm okay with the DBKL flats (I didn't mention "low cost"). Maybe I should use another word to describe them.

I just don't like them because
1) They are blocking my balcony view
2) There are too many of them (high density issue -> traffic issue)

yup.. my bad. i guess some of the stuff their complaining about are management related... hopefully our soon to be management won't do the same mistake. and i agree, those foreigners do make bad neighbours. haha..  but the 1st thing the SA told me when i put my money in was that they will control the renting of the place... i wonder to what extend.... anyway.. is it required by MPSJ for them to give us a dryer.. ? pls...make it be true.

Sorry for bringing up negative thoughts again, I just couldn't help it.

1) Investors are looking for $$$. As long as they are getting what they want, why bother complying with us? I do agree that there are considerate investors but there are desperate investors as well.

2) There are 720 residential units. It is high density to me. It is not easy to control or to get cooperation from all/majority

3) Because of 2), I am worried if our committee is not strong enough to give pressure to the management.

A large number of the Zest owners are "visitors" to this forum only.

I am sure they are observed from behind. 

Therefore "THEY WILL REMEMBER WHAT U DID THIS SUMMER"   

A yield of 8% is excellent = RM 250,000 x 8%
                                    = RM 20,000 p.a / RM 1,667 monthly rental

Capital appreciation of 30% is not bad = RM 250,000 x 1.30
                                                        = RM 325,000

It is a pleasure to see our property appreciate days-after-days. 

Since early 2000, there is a proposal to build a "Waste Transfer Center" near this area. Anyone aware about this ? Is this project on or cancelled ? If on, then it will has an environmental impact on Zest living standard.

you don't give one of the gangster staying in one of the unit among us 1 meh....

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

Didn't know the tricks back then
Yes, by right it should so but unfortunately, the SA told that I am not "eligible" for EPP 12 months payment because I withdraw EPF for the 10% downpayment - which is said to be the requirement for the package/scheme.
I'm going over to the office this Sunday to talk about this with the boss since my SA could not help me much (as he said this is decided by his boss). Meanwhile, I'll see if I could snap some photos of the construction site to share.

Haha..this is funny..it seems like nowadays the banks are doing well till they don't need customer anymore...hehehe
In this case....might opt for other alternatives..for eg..ah long.. =P

what feedback? where? Here?

they put lot of mirrors to make it look bigger/ spacious. it does help in a way but honestly i think everything is too boxy. just look at the tv panel - so thick and squarish. TT shud spend more $$ on the interior. Still no complain though. Just my pov only. =)