LO just a piece of paper, the final doc is loan agreement. I dont think any bank dare to say “NO” to Zeti. Anyway safer la if u already signed before 15th Nov.

@lee

Mind to share which bank u take? My banker from RHB also told me that once you sign the LO before 15 Nov, then you are safe.

But just wonder on this, assume that DIBS is cancel and developer give further rebate to reduce the selling price, then how about the LO then?

@Kelvin

I am taking Maybank.

I think the prominence should be dont have DIBS anymore as per the budget 2014 and BNM.

I think developer wont give further rebate to reduce the selling price cause it will cause more trouble end up as majority buyer had signed the bank offer letter. But i think mayb they will give furniture to compensate us kuah.

At current situation only can wait till the APDL obtain only will know what will happen next

@lee
Have u called developer to check if they alredy obtain APDL? They told me already have. hmm..

giving out type B 1 car park juru autocity view
interested pls email dracula881129@yahoo.com

Prominence :
giving out type B 1 car park juru autocity view
interested pls email dracula881129@yahoo.com

Interesting..What is the price looking at?

U sure u can release to another buyer?

Example of :
1) DL : 6436-11/11-2015/1557. Validity Period : 19/11/2012 – 18/11/2015.

2) AP : 6436-11/07-2015/0311(P). Validity Period : 09/07/2013 – 08/07/2015.

So, can the developer share what is theirs ?

The intention of Budget 2014 (DIBS, freebies, rebates) and follow-up closely by BNM/KPKT measures are to force developers to reduce property price to real market value.

So, if developer replace DIBS with some kind of rebates, furnitures, freebies, etc, instead of reduce SnP price, it becomes sticky situation also as this schemes still contravene (flout) the new regulation of nett price. So, just wonder how the developer will handle this. Lee is right, first thing first is to get the APDL before knowing what is next. To BNM, probably LO can be ammended and re-signed for lesser amount if property price reduced.

anybody know still many unit available?What is the lowest price ?showroom complete already?

May I know who has signed s&p for this project ? And how they settled the DIBS ?

The sales guy at the show unit told me that there will be a separate paper defining the DIBS terms, attached to the SnP. Which means DIBS will not be spelled out on the agreement? Does that sound alright at all? As for the show unit, it should be completed by this weekend, quoting the sales guy.

@agogo
I don’t think the renovation will complete this week, end of this month maybe. I just back from showroom.

@SuperC
owh.. was just getting excited about seeing it this weekend.. two weeks ago, they were laying the tiles in the bathroom and at the entrance.. uh well, delayed, i suppose..

@SuperC

Hi did you ask them about the APDL and when is the date for S&P.

Just back from their show room, now already can see their draft decoration of the show unit, it is quite same with the facebook picture that share previously by them, but I think mayb only January 2014 will complete the show room.

Regarding the APDL, just heard from the sales agent, they just get approved at 6/12/2013. Hopefully only can wait till the show unit complete only can officially launched.

For the S&P, i think have to wait till next year only can signed.

Yes , my banker called me today also , APDL approved.

Stil DIBS???

showroom still no complete a?any ppl sign s&P liao?

anyone signed loan LO already, any clause stating the developer interest sevicing package or DIBS at the offer letter?

HSBC approved my loan but told me won’t be able to get DIBS. Called to developer, developer will plan for other arrangement to keep their promise during booking the unit.

still no sign s&p?

@chai
Hi Chai, have u signed ur LO with HSBC? Any idea when they could do that?

@Longmon not yet, only approve thru phone call. she said developer’s APDL just approved, bank need to submit for another approval.

unit to let go, type C one car park high floor.
No DIBS.. no effort to buy

@fujiapple you can double check with them one more time, DIBS should still available…

@chai
Ya, that’s what I heard too. But shouldn’t be a problem to approve, just wait to sign then.

@Johnson
is it true? i ask them they keep say not finalize yet… will update. but no feedback from them also.

@fujiapple
What i got from the developer was: whatever buyer’s benefit committed during booking will maintain the same.

anyone with any news on the S&P?

when apply loan, bank consider big price or nett price for this project…

progress is slow,totaly no people working , what happen ???

Public holiday mar..

it’s january.. from nov to dec.. and yet, no progress.. besides the >90%-completed show unit..

Ya, their progress is slow, since they have the APDL already almost one month, still yet can sign the S&P, when is their official launch? Anyone know?

ya, is slow like a snail…

even forum reply also slow like snail :)…

No update from developer sure is like that one la. LOL

Dear all, next month can sign spa, construction also will be start next month. Showroom done 95%.

how you know, this story we have been heard since OCT.

Developer already kecut la since no more DIBS and bank only approve the loan base on selling price.

Anyone have compared this project vs Auto Prai City vs 79 Residence vs BM Mahkota ?

@lee
U heard or checked with developer personally???

@SuperC

Everytime ask them also said the same thing, should be next month, should be next week.

Besides, we never heard any news from their lawyer yet.

yeah.. so when February approaches, it’ll be “should be by next month” again..

Yes. In Dec 13, I was told by the developer that S&P and launching will be before CNY and now become Feb. Same thing happen since Oct 13, every month asked also say should be next month. Showroom took a few months and not sure already completed?……..a bit worry……super slow progress…

Haha, i am doubt whether they can official launch and signed S&P at February 2014. The showroom bathroom is yet to complete as they want it to complete together with the official launch.

What to do, only can wait

it worries me the most, thinking how they are gonna solve the DIBS issue…

i am happy they delay now, take time to ensure/survey everything ok before sign S&P.

A little question to you guys here.. The developer did say “free legal fees”, didn’t they? If that’s the case, they will have to pay my appointed solicitor right? I was told that if i rely on the developer’s solicitor, it is equivalent to signing the S&P unrepresented. And above all, a solicitor who acts on behalf of the developer in the sales of property, must not act for the purchaser in the same transaction (Section 84 of the Legal Profession Act 1976).. How true is this? (Anyway, this is my first property purchase)

@agogo

My opinion based on your questions:
Yes, as always, free legal fees if buyers use their lawyers.
By right, it’s yes but they purposely won’t pay for your appointed solicitor.
Yes, Legal Profession Act is true. It’s their solicitor, acts for them, pay by them, buyers just borrow to use the solicitor. So, next time, in case you want to sue the developer, you have to find other lawyer, cannot find that lawyer.
During signing SnP & Loan, their lawyer will request you to sign some forms called SU (Statutory Declaration) that you agreed willingly not to engage your own lawyer.

BTW, anyone compare this project vs BM City Mall which is in the same road ?

@Searching

oowww.. ok…

Anyway, is the BM City Mall comparable to this? Pls correct me if i am wrong, but the BM City Mall looks like a commercial complex.. I did not see any residential units on their website..

Went to the show house last Sunday. I like the balcony fencing come with fully glass , look nice. The rest quite ok too, grey tile at wash room, living hall 2×2 shining tiles. Now only left wash room accessories yet to install , in the progress of price negotiation with supplier. Original unit will equip with all this. Overall very nice.

For the 2 storeys shop lot, the developer will rent back from buyer for the first 3 years and bring in the F&B. Actually this is part of 6% guarantee return for the buyer for first 3 years to boost up the sale for this commercial lot.

However on the SnP side, they keep delay on the final date is because now still searching for the best way for the DIBS package. What a big headache for the developer. I believe if they cancel this, a lot of people will drop their unit too.

nine month already , still no work .any happen for this project.

@super

is very common for new projects. i experienced that in previous property.

@Kelvin

thanks for sharing on the show room condition. Happy to hear that. I stay at island, seldom go over to mainland.

If they cancel the DIBS, i will drop as well.

@chai

I think they must be headache now, as they still cannot come out the solution to replace DIBS, If they cancel the DIBS, i will drop as well

Their profile in FB is putting irrelevant info, eg: the duck egg char koay teow. What has it got to do with the project update?

@Longmon

bro no worries just relax, i asked the developer they said this is just a relax section. there are good news going to announce soon, what kind of good news i have no idea.

@BM P.Seeker
haha thanks bro, but i’m chill, just feel littble bit weird with such post that is unrelated. Besides, anyone apply HSBC loan and sign letter offer?

@Longmon

I applied with HSBC but yet to sign the offer letter. They will need the S&P before we can sign the letter. That’s what i was told.
Anyway, is RHB harassing you with calls? I get calls from them like every month (sometimes 2 in a month) asking me to submit my documents to process loan. They are not even interested to know if i am interested to apply with RHB, they just want me to submit the papers.

nop, RHB didn’t do that to me. I guess we can sign the offer letter 1st, S&P is for the loan agreement. As to what I’ve been told, the bank is still processing on getting approval if they can provide loan to buyers after which they obtained the APDL from developer earlier on. Then, only we can sign letter offer.

Hi guys, they call me to sign the snp already. Anyone here also same?

@kelvin

They mention the same thing to me, but need to wait lawyer call us.

The plan is same, but we will have to pay interest first then reimburse from them.

Heard from them, the show room is fully completed.

@lee
Oh, need to pay first? They just said will explain further when sign the Snp. Anyways thanks for update. Happy to hear that the DIBS still valid.

Anybody want to let go C type unit? My friend want to buy but all C type unit below rm400k have been sold out

hi, anyone sign sNp this week, can share?

i went to show house brfotr CNY, they told me there are no black and white written in SNP or any doc regarding to claim back the interest which ask to pay 1st. They say based on trust to Developer to entitle the DIBS benefit..

Is this risky??? until now i still not apply loan yet. Which bank offer better?

so risky…how about show house?is complete already?

did the developer explain why no written document on the interest reimbursement?

if i drop it now, can I take back my deposit? Anyone can share?

how come the validity period so short from 05/12/13 to 04/12/15? Anyone can share?

ofcause no written in the black and white la…if the black and white make public to government know the developer will kena 99 you know…since the ah jib kor say no more DIBS, how could they dare to provide the black and white for customer? KL or few of the developer they also apply the same thing so no worried, when you put the pay on them, u already trusted to them, just continues your trust to them 😀

mean the interest reimbursement oni valid for 2 year?not until oc pass mer?

DIBS is banned. Cannot have black n white legal documentation.

No black and white, if anything happen in future, we as buyers will be in the lose side.

so now is how?

Shareholder is IJM so what?

@Chocolate
wah this one gunner, so obvious…still wan to pretend, pui!

BM P.Seeker :
@Chocolate
wah this one gunner, so obvious…still wan to pretend, pui!

Pretend for what???

@Chocolate
so you confess you are gunner? moral abit la dude

Hahahah..whatever u like to call..buyer la, seller la, developer la, competitor la, sour graper la, heart beaker la, gunner la..

kena tipu ..told us have dibs but canot give us black and white ..said project ok, but untill now still no work at site. i want take back my deposit.

The validity period from 05/12/13 to 04/12/15, can I conclude that developer very sure this project will be completed after 04/12/15? Kindly share your opinion.

so how.. guy? stay or drop it? same question? can we take back our deposit? Anyone can share?

so how.. guy? stay or drop it? same question…. can we take back our deposit? Anyone can share?

If anyone already sign the snp, please share the experience.

@Kelvin
mean as at now, still nobody sign the sNp?

I received the lawyer call today ask me go to sign sNp. Should we sign or wait them agree with the interest claim first?

can we just meet the lawyer and said we need to reconsider first?

Does anyone here really meet and ask lawyer regarding the the interest reimbursement? Guess and worry are helpless, unless get a real input from developer or lawyer regarding all doubts…

The location is very strategic. Layout is nice. What is the unit cost for 1500sqft? Still available?

aduh….just a little interest can make u all worries, since the developer also said can claim back from them still wan to consider. Outside all of the developer no DIBS u all no go complaint? wan blame just go blame ur government, they canceled the DIBS 😀

got any hsbc approver sign s&p liao?

@kabutol
HSBC has approved to loan to prominence buyers? I have my loan approve, but they r still awaiting the bank to process to approve lending loan to this project…

u got ur letter offer signed?

still not,very slow one…haiz..

@kabutol
you awaiting HSBC also? how about other bank? I also wait HSBC

i am also waiting for HSBC.. i was told that they are waiting for the EF to be done.. some developer code stuff that i did not quite understand..

@agogo
I see, thanks agogo…then just wait :)….will update if i have any news…

Hurray! just got an unit. like the location and layout space.

@velstand
Congrats!…which type?

still many avaikable?

Block A, 1508sqft. Limited unit left. Act Quickly.
who is my neighbour?

went to the show house. is type A. is quite nice. the salesman said the floor and wash room tile are same as original, is good quality tile. my daughter like the 12ft height, that they can build the bed above the door. create more space for the room.

@JJ

@agogo

what is the reason u wait for HSBC?

i wait for HSBC because only HSBC approve my loan as my quota already full. they still approve my loan because i have existing loan with them with good track record.

@steve
exactly the same reason as you…

@steve

no particular reason actually.. every other bank offered pretty much the same thing (might differ in terms of flexi and what not).. i did not even try applying with the other banks..

Latest update by the sales person. When the interest scheme start, we just need to bring the bank statement and pass it to the developer to enable them deposit the interest directly to the bank.

We no need to pay upfront. However, all this will not have any black and white statement in our S&P. Just based on trust.

Anyone have already sign the SnP ? The lawyer firm now chasing for sign the agreement.

Anyone can share further on this before we sign it.

hsbc working so slowly…

@kabutol
they said don worry sure can approve but jus take more time….hhmm…dono wan belif bo…:D

@Kelvin
hi, Kelvin, i just signed the s&p and there is really no black and white to be provide by developer that it will be still DIBS. ALL is just verbally confirmed.

What i think is, if they really broke their promise, this will be their first and last project in Penang.

I choose to believe them since I cant afford any new launch house.

Do share with you, if the S&P stamped early , it will be benefit us as they need to follow the law by the deliver the house to you by 36 month, if they are unable to do so, we will have the 10% as their penalty.

lee,whaty u bank borrow?

@kabutol
Maybank

@lee
What rate is maybank offer u? Tq.

@SuperC

-2.4%

Hi all, im a buyer here. just signed SNP. the lawyer jeffry told me the same. unable to come up with blacknwhite for the dibs. just the developer will honor this matter verbally only.

they told me few method for them to pay back the interest. same thing every1 is hearing.

btw can any1 help me understand this, my loan no dibs and no mrta agak 1.8k every month. so this developer pay me back how much for every month till completion / 36 month later ?

How about the downpayment? 10%?

@loh

it is depends on which floor u purchase for the condo. if the construction until the floor u purchase then the bank started to ask for buyer to pay the interest. hence, if u taken the highest floor means u might pay it on the last construction to completion.

@Johnson mine is the discount 10%. package that i can afford

@ BM P.Seeker
i see. im just not clear about the amount that the developer that will pay back. as in what is the calculation is how. they lawyer told i pay how much , developer give back how much. mine simple cz no mtra. is it true or make sense ?

@lee

Thanks for the update.

Mine is on level 11, means I need to start to pay the interest earlier than majority of the buyer.

@Kelvin
Mine at 12…which block are u?

hi neighbours 12a blok b here

hi neighbours 12a
b block here

below 15 floor all 10% rebate is it?

@kabutol
if i remember correctly not all. depending on unit and floor also. have 10%, 7, 3/5 or none

Many ppl hv signed the SPA. Who know who is their main-con? Pls share. Tq.

I think is Jurucita

@kelvin
hi, might to share y buyer need to know their main con? for what purpose

@kelvin

Thank you.

http://www.jurucita.com/index.php?option=com_vtemgallery&view=vtemcategory&id=2&Itemid=208.

I also maybank 2.4%. Block A.

@SuperC
what is the review for this contractor. Any idea?

why this project take so long time just to build show house and sign SPA ?
I forecast it will become like my BM City Mall with delay also.

It many depend to the financial power of the company to decide a project progress.

i think is depends on how many % of real buyer signed S&P.

do anyone visit the site lately? help to update. Thanks.

@BM lang

BM lang should update la….

hi guys

you may refer to this website for APDL information

http://idaman2.kpkt.gov.my:8888/idv5/98_eHome/maklumatProjek.cfm?pmju_Kod=13295&proj_Kod_Fasa=1

anyone who signed HSBC OL, already sign SnP?

@JJ

HSBC what the rate they offered?

@SuperC

What bank are you apply? I think the rate will be quite similar and standard.

most bank offered -2.4. mine is -2.3 from RHB :-(. but without MRTA. however, easier to calculate for the dibs repayment by the developer to pay back that they verbally say will honor,

i signed ol and snp. popi popi everything soon soon li li.

i went to show house to get a feel of my own. everything feel nice except the children room door which will face the living hall in final stage. i prefer having wider living room wall . but then its easier to make kitchen partition la if change to living hall. anyway just go with it la.

heard from the sales guy 90%> sold out. lucky draw for taiwan trip also draw d for those signed snp. duno got tipu or not.

wah,still got taiwan trip?relly bo?u buy what type?

@SuperC
mine is -2.3…but due to some reasons, im happy with what they offered. I have signed the OL, but yet sign SnP. Anyone here who take up HSBC loan sign SnP already?

@loh

How many ticket to Taiwan?

duno how many. i didnt get also pun. i bought type a

what type oni got??

First 50 customer VVIP only got, the soft launch at queensbay time alr finished

Hi,

After one month S&P signed, any news on the piling or construction?

you may ask them thru facebook page…

went last Sunday, sales agent said piling should commence by end of March…but, as always we hear “next month” or “end of the month”…so fingers crossed

When is the last signing SNP date? Already start piling?

Hi all, I’ve 1 unit of 1106 sqft to let go. Anyone interested to buy please contact me at koidsh@gmail.com

Thank you

Koid, you selling ur apartment which u already sign snp? i don think u can sell now anyway.. or u just letting go ur booking?

I am first 50 buyers

then u buy time how much per sf?

10sen per sf

Hi,

I have one unit 1273 sq ft at high floor with 2 car park want to let go. Please give me your contact if you are interested.

Thank you.

@island

what is the offer? i want to buy. call me at 0174604822

island :
Hi,
I have one unit 1273 sq ft at high floor with 2 car park want to let go. Please give me your contact if you are interested.
Thank you.

I just want to let go at original purchase price. Let me know your contact if anyone interested.

thanks

Hi island..please pm me your price.. my email chting88@gmail.com thanks

Hi Island I’m interested at your unit. Please email me more details at koidsh@gmail.com. Thanks.

Hi, I had appoinment to sign the loan agreement last saturday, but i received a call from Lawyer firm said that, Bionic has something need to change in the Agreement, so ask me no need go to sign. May i know who is here already sign and got any update from Bionic about this matter?

Ya, wanna know also as I facing the same problem as stated by cheewei198xxx.

Ya, wanna know also as I facing the same problem as stated by cheewei198x.

@cheewei19862002

May I know what clause they need to change?

they said april 15th launch , is that real ??

I also don’t know what is the problem, Bionic and lawyer firm don’t have any feedback for me.
15th April only launch?? what does it mean?

My friend bought one unit there. They told my friend that when 15 April 2014 that day launch,if we go there we can see them start the project already.

@island

@cheewei19862002
which bank loan are u taking? If HSBC then that might be the reason and also some inspection going on…

Any one pass thru there? any progress..

Yesterday i just pass thru there, nothing progress at there. They told me will start the progress on end of March, now already 27th march.. Still nothing there.

hi , cheewei198 , u sign s&p already?

Anyone here who has not singed the s&p?

I’m sure more than 50% not yet sign……don’t know what’s going on.

Heard that Bionic is asking IJM to involve in their construction work, maybe this is the reason they delay S & P signing???

@agogo
I havent signed. why?

more than one year . still cant see anything ,sad.

Hahah..Prominence in Seremban now.

http://www.mudah.my/Seremban+New+Condo+Open+Affordable+price-26512650.htm

oow.. ok.. i thought i was one of the very few who hasn’t..
but it looks like there are many..

@agogo
Im signing next Friday, Lawyer called….how about u agogo?

hi, if anyone happen to know what is the changes to SNP. Pls do share for benefit of all owners. Thanks in advance!

@yoman

i’ve not received the call yet…

Those who r not sign, u all can call lawyer to make an appointment for yourself. Not wait for lawyer call. If u need a number I can gv u. Just reply to me. My snp going to stamping liao.

@agogo
U better call them like Superman said..

will do.. thanks guys

@agogo
which bank loan u take?

@super man
How you know you SnP is stamping, did lawyer call you?

@lee
I chase lawyer and chase developer every week.

@super man
how long it takes for them to do ur stamping after the date u signed ur snp?

@yoman
2 month

@yoman

HSBC

Call to lawyer today, SnP stamping soon. Again same story

better we not sign SNP 1st, right? Will be second BM city?

might be second BM city XD

Any idea of the SnP and construction start?

Might be June 2014 start to construct. Wait for Good Good constructor.

Yesterday I pass through there and saw the construction was ongoing

Ct, i pass there today but din see any construction. Just clear land

Yupe, only land was clear so far, no crane move in yet.

oo,that day i saw the excavator and some rock there thought the project start process

@island

please contact me i am interest on this, call me 0164106713

@SK Oh
Dont be cheated, SnP not yet stamping, sure cannot let go one