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

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propcritic
post Mar 4 2009, 01:41 AM

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LATEST NEWS from developer:

LRT - Confirmed. Apparently, they had a meeting with those involved in the construction of the LRT extension today and the elevated track is to run along the middle of Bukit Jalil-Sungai Besi highway. One station right at the door step of the Zest/Si Khiong Star and another closer to Giant.

Ramp - They may redesign the ramp now since the LRT track will definitely affect the original design of the ramp.

Price - The price of the Shop lots has been increased by RM200K today after confirming that there will be a station at the door step. The price of the serviced apartments should be increased soon. For this weekend's Mapex, the discount will be reduced from RM3888 to RM2000.

Caveat - the above info is from the developer. Please confirm with them again to be sure.

Added on March 4, 2009, 1:47 amFor those interested to submit loan applications as a group to hopefully obtain better rates do contact me. PM me. Currently discussing with RHB, PBB & UOB.

This post has been edited by propcritic: Mar 4 2009, 01:47 AM
propcritic
post Mar 5 2009, 09:05 PM

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Currently awaiting approval for BLR-2.2%, ZEC and without MRTA, as a group package...
propcritic
post Mar 5 2009, 11:55 PM

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Those interested in group package for loan can PM me.

Added on March 5, 2009, 11:59 pm
QUOTE(eugene jk @ Mar 5 2009, 09:10 PM)
which bank  drool.gif  ??

Too bad I got mine approved by P.Bank BLR-2.1% ZEC with MRTA
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Some of us are trying RHB together as a group. You can still apply as long as you have not accepted PBB's offer. You can apply to as many banks as possible. You can PM me.


This post has been edited by propcritic: Mar 5 2009, 11:59 PM
propcritic
post Mar 6 2009, 03:53 PM

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Latest: RM3888 discount still ada over MAPEX weekend...discount should be discontinued after this weekend. Approx 50% sold....increased from 30% before iProperty's Fair 2 weeks ago. They are targeting 70% sales this weekend.

Replied some of your PMs regarding our group loan package. We need more to be assured of better packages without MRTA and ZEC...
propcritic
post Mar 6 2009, 06:12 PM

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QUOTE(chenster @ Mar 6 2009, 05:32 PM)
i think most ppl here also late 20s or between mid and late..
anyway.. u guys purchased kinda high lot..
everyone buying type A.. so u guys are the one bought all them.. haha..

hope there is lot left tomorrow as im goin to showroom other than Mapex..
hope it still holds..
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Not sure whether can reserve good unit first. If can I can help reserve a good unit through the developer before you visit MAPEX or sales office.

For our group loan package, we now have 5 and hoping to get BLR-2.1 to BLR-2.2 ZEC and without MRTA.
propcritic
post Mar 6 2009, 07:10 PM

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QUOTE(gunnerstkd @ Mar 6 2009, 06:26 PM)
We'll be waiting for your news.. how many units have been sold out.. so we'll know how good is our money spent on the property.. hehe
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Currently 50% to 60% sold. Should reach 70% by Sunday.... thumbup.gif

propcritic
post Mar 8 2009, 10:14 PM

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The main reason for having 2 separate agreements (unit and carpark) is that the developer plans to build the carpark podium first and if this is a residential titled development under HDA, they won't be able to charge you progressively after the piling stage but before the construction reaches your floor.
Since this is a commercial development, they can opt to separate the unit from carpark so that they can charge you for the entire construction of the carpark say within 6 months (RM25K). Very smart of them.
KL facing units are almost completely sold out save for those garden units. Pool facing units are fast catching up.
I have now 7 purchasers submitting their loan applications together and we are hoping for the best group rates.

propcritic
post Mar 8 2009, 10:23 PM

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QUOTE(eugene jk @ Mar 8 2009, 09:21 PM)
Came back from MAPEX as well... Zest sales is damn good.. beating other developement handsdown..

Agree with gunner.. East view (i dun like to say KL view bcos KL is 45 degree north east.. and you can onli c KLCC as tall as 1 cm) almost full sold.. left about 18 units (as of 3pm).. mainly top and bottom.. Salesman are pushing hard for West (Pool) view.. I guess it is normal as ppl prefer sun rise than sun set.. moreover, pool view may be detracted by noise with kids playing around.. East view got more green..

user posted image

As some other saying that Zest is not offering low cost entry and not offering any freebies and promotion other than the RM3888 discount.. unlike other project like SW and Zen..

All buyers still require to pay 10% downpayment for Zest.. But I didn't see it stoping buyers from purchasing it.. Developer is really confident about that..

I met the lawyers in the B.Puteri office yesterday. The 2 lawyers (Mr Tee and Ms Teoh) were there, very nice and frenly ppl smile.gif ..
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More units were snapped up after the above photo. The 2 remaining units at 20th floor were also taken and so did many more pool facing units.

Added on March 8, 2009, 10:30 pm
QUOTE(cedrickang_8 @ Mar 8 2009, 06:37 PM)
Thanks alot..Now i m try hard to find the best offer from the bank..now i get the offer from ocbc with BLR-1.9% with MRTA ZEC. The RHB offer BLR-2% ZEC. I had tried CIMB, offer BLR-1.85% with MRTA ZEC, W/O MRTA is BLR-1.75%.. haha..any advise from u all? Any better package offer by ur bank?can introduce to me?haha...stil searching for the best one...will try the Standard Chart bank....haha...hope can get a better offer...

BTW, who kno where is the Tee & Teoh office located?near where?thanks...planning to find the lawyer to get a copy of my S&P soon.haha..
Thanks alot..

Added on March 8, 2009, 6:41 pmone more question..can i get the other bank offer which is not the panel bank for this developer? any pros and cons? i heard tat the payment from the bank to the develper will be a big problem.normally the bank will late to release the payment to the develper then i need to bear the penalty. is it true?haha..thanks for u all helps.
*
You wanna join our group application?....should be able to get a better rate than your current best rate, hopefully! nod.gif


This post has been edited by propcritic: Mar 8 2009, 10:30 PM
propcritic
post Mar 8 2009, 11:03 PM

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QUOTE(cedrickang_8 @ Mar 8 2009, 10:56 PM)
hi, prop, wat the rate u get? mind to pm me, i can consider first. actually i join applicant with my sister. she entitle to get a subsidy from her company to pay half interest for the housing loan.but have to subscribe her company panel bank which is Maybank, Cimb or Std Chart.haha..So wat the bank u goin to apply?thanks.
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RHB and possibly PBB. Hoping for BLR-2.1 to -2.2 W/O MRTA and ZEC...
propcritic
post Mar 9 2009, 02:36 AM

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All I can say is that don't under estimate the landowner of Zest and Hap Seng Star....
propcritic
post Mar 9 2009, 02:55 PM

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It makes sense to now build the LRT station in BK9 because after all the DBKL flats are there....it will be politically correct to build LRT station around BK 9...what more with the Zest having 720 units plus shops.....even an entire phase in BK may not have that many units since they are all landed (The Zest plus BK9 and the DBKL flats may equal the units found in 3 phases of BK landed properties)...
propcritic
post Mar 10 2009, 12:29 AM

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QUOTE(shiewwai85 @ Mar 9 2009, 11:37 PM)
what is the status of group ppl applying housing loan ? are you sure can get BLR-2.1 to 2.2 ? this property still under-con. i dont think bank will give that high moreover is ZEC. bank will bear the legal documentation cost. do you think bank will give that rate ? if really, please do contact me at shiewwai85@hotmail.com, i want to apply also coz i just paid for the 1st RM3k and looking 4 loan b4 signing SNP.
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Rates should be out by Tuesday. PM me your contact details.

propcritic
post Mar 10 2009, 01:08 AM

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QUOTE(babana @ Mar 10 2009, 12:53 AM)
yep, apparently my booking was one of the last ones to get the discount (together with the free S&P Agreement / legal fees package) coz they were firm on not extending the discount from tomorrow onwards. hopefully its not just a sales ploy to get me to book it on the spot today!  tongue.gif

was mulling over it and wanted to make the decision in a few days time as i couldnt get any choice units already (didnt want pool units due to the west facing - afternoon sun). however, someone suddenly let go of a unit on level 15 and i took it up immediately! its pretty amazing how fast the units were snapped up over the weekend even before launching during these market conditions!

how abt u pai...got a unit here for urself?
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Glad to hear you still managed to obtain the RM3888 discount. Apparently, if your unit was not a unit booked earlier, you may not be given the RM3888 discount. I called the sales office regarding the RM3888 discount today and they said no more unless special case like booking your 2nd unit or unit reserved during MAPEX or something.
propcritic
post Mar 10 2009, 08:36 AM

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QUOTE(keithcky @ Mar 10 2009, 04:43 AM)
propcritic = mr.chong?  smile.gif
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Who is Mr Chong?
propcritic
post Mar 10 2009, 05:28 PM

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QUOTE(sk_lim_taurus @ Mar 10 2009, 10:13 AM)
Wow... A lot of new faces joined this weekend. Welcome!!! rclxms.gif

Yeah, babana, we are neighbour!!!  icon_rolleyes.gif

Emm... still not finish the S&P cos is vy lengthy. As i found, the residency is standard under HDA. but, the car park is not. so have to go across carefully.

may I know is there anyone that take the 0% 12 months installment plan?
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Taijie, no point taking 0% for 12 months unless it's landed or completed units....interest savings very nominal...
propcritic
post Mar 10 2009, 05:55 PM

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QUOTE(eugene jk @ Mar 10 2009, 05:34 PM)
Hi Prop.. I guess she is refering to the 10% downpayment using credit card from selescted bank.. (mostly are local banks)

TT is offering credit card payment for downpayment, 12 months installment with interest free.. Its good for cash tight purchasers, on the other hand, can earn credit card points to redeem free gifts.. no harm trying..
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Sorry Taijie, I'll be taking that offer....purposely applying for a local Credit Card (RHB) to pay for it...
propcritic
post Mar 10 2009, 06:50 PM

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QUOTE(sk_lim_taurus @ Mar 10 2009, 06:31 PM)
then pay for me as well lar.  rclxms.gif  haa...
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Eh Taijie, scandalous la pay for you....after people think we're having something la....I'm applying for RM100K credit limit, so should be enough... rclxms.gif

Added on March 10, 2009, 6:52 pm
QUOTE(eugene jk @ Mar 10 2009, 06:05 PM)
Haha... you need meh?? your pocket as deep as black hole leh.. tongue.gif
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Yalor, like black hole...always kosong! smile.gif

Added on March 10, 2009, 8:03 pmDear All,

For our group loan package, the indicative rates are BLR-2.1 to BLR-2.2, depending on individuals' financial capabilities and risk levels. Some will get BLR-2.2 ZEC but minimum at least BLR-2.1 ZEC, for others BLR-2.15 ZEC. For those who have submitted their applications, their letters of offer should be out soon...

This post has been edited by propcritic: Mar 10 2009, 08:03 PM
propcritic
post Mar 11 2009, 05:45 PM

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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...
propcritic
post Mar 11 2009, 06:19 PM

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QUOTE(chenster @ Mar 11 2009, 06:10 PM)
which bank did y'all group loan on ?
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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
propcritic
post Mar 11 2009, 06:39 PM

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QUOTE(chenster @ Mar 11 2009, 06:36 PM)
i tot MRTa is good for u?
in case..
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Not for investors leh....overall MRTA protects the banks more, in case...
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