Dear all,

Need some clarification from experts:

1. I was wondering what is the approximate completion rate for 4-year time of under construction project? For 3-year project, we can say roughly 30% for the first year, followed by 30% for the second year and 40% for the last year. Any experience for four-year project?

2. If my loan is fully-flexible without any lock-in period, should I pay in full starting on the first disbursement? Isn't it risky if later the developer abandons the project?

3. In the case of the bank pulls back the loan offer prior to the first disbursement due to some circumstances (bad ccris after second check, having other house loan, resign the job etc), are we able to cancel the purchase of that property or the developer will charge us a penalty until we get a new LO and sign the agreement from other bank?