If you are taking fully flexi from SCB, check if its up to 70% offset only.
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Puteri Harbour Community
- Thread starter Qube3
- Start date
If you are taking fully flexi from SCB, check if its up to 70% offset only.
Can I have your SCB's banker email? I'm looking for a Malaysia property loan too.
My speculation that this 3rd theme park will most likely be located at the International Destination Resort site, one of the developments under IIB.
Under IIB (60% khazanah, 20% EPF, 20% Johor State Investment arm)
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Educity
Medini
International Destination Resort
UEM projects will benefit most from the above catlysts as it is owned by Khazanah, and they are all meant to integrate and synergize with each other. So that prices of UEM Land projects being strategically located, will benefit most.
Under IIB (60% khazanah, 20% EPF, 20% Johor State Investment arm)
-----------
Educity
Medini
International Destination Resort
UEM projects will benefit most from the above catlysts as it is owned by Khazanah, and they are all meant to integrate and synergize with each other. So that prices of UEM Land projects being strategically located, will benefit most.
Good afternoon!
I do have a few questions for the kind owners here about their loans. Is DIBS one which allows the developer to drawdown and they will foot the interest accruing? this also means that if anything happens to UEM land (touch wood) and having drawn down 50% of the loan, that the homeowners are then left with this liability? Lastly, would any of the owners know whether there is an actual 10.90 deferred payment scheme which is available from the panel (or elsewhere)?
Thanks!!
I do have a few questions for the kind owners here about their loans. Is DIBS one which allows the developer to drawdown and they will foot the interest accruing? this also means that if anything happens to UEM land (touch wood) and having drawn down 50% of the loan, that the homeowners are then left with this liability? Lastly, would any of the owners know whether there is an actual 10.90 deferred payment scheme which is available from the panel (or elsewhere)?
Thanks!!
with these rides from sixflags if they're here, it will make USS look lame
http://youtube.googleapis.com/v/_5IXx6IXYps
Yup, it's speculated that SixFlags is planning to invest up to 1.5b to create a theme park, most likely in Nusajaya:
http://biz.thestar.com.my/news/story.asp?file=/2013/1/9/business/12549613&sec=business
http://biz.thestar.com.my/news/story.asp?file=/2013/1/9/business/12549613&sec=business
For Senibong Cove, their website states:
Risk of flood:
Absolutely not! The site has been raised to an average building platform level of 3.55~3.7 meters, which is significantly higher than the 100-year Highest Astronomical Tide level of 2.0-meters. Normal high tide is around 1.4-meters. In addition, the Lunchoo River has been deepened by between 3.5-meters and 6.0-meters. A sea wall will also be erected.
http://www.senibongcove.my/community/river-management/
As for the other riverine/coastal developments, try looking up the development's website.
The article - http://biz.thestar.com.my/news/story.asp?file=/2013/1/9/business/12549613&sec=business.
Yes, make sense to have it at the International Destination Resort which is next to Puteri Harbour. With the Ferry link to Indonesia and Singpore, it'll make it easier for tourists.
I always wonder what they are going to have it there. Was hoping for Disney but Six Flags is just as good. Been to the Six Flags Magic Mountain in LA. The rides are awesome.
This is going to be interesting...
Hi All,
Need a piece of advice from you guys.
Got my loan approved by SCB, but just been told than since it's DIBS, the MRTA (loan insurance premium) cannot be financed and so has to be paid upfront... This is a large amount (from 0.5% to 5% of loan amount, depending whether cover is 5 to 30 years).
Looks like the advantage of DIBS are completely wiped out by this: developer pay interest during construction, but then a high premium is needed upfront and paid by customer.
What's your opinion?
Shorten cover period to reduce premium?
Opt-out DIBS and get the premium financed?
Other thoughts?
Need a piece of advice from you guys.
Got my loan approved by SCB, but just been told than since it's DIBS, the MRTA (loan insurance premium) cannot be financed and so has to be paid upfront... This is a large amount (from 0.5% to 5% of loan amount, depending whether cover is 5 to 30 years).
Looks like the advantage of DIBS are completely wiped out by this: developer pay interest during construction, but then a high premium is needed upfront and paid by customer.
What's your opinion?
Shorten cover period to reduce premium?
Opt-out DIBS and get the premium financed?
Other thoughts?
u r right.. dun have to be Disney. As long as it is a reputable professionally managed theme park, it will do good.
Six Flags owns 19 parks and 17 of them are in the US. The other 2 are found in Canada and Mexico. All in North and Central America.
If they are really going to have one here in Nusajaya. Then it's really a coup not just for Iskander but also for the rest of Asia.
Maybe they know where's the pie going to be in future.
Hope this turn out well.
What about other Panel Banks?
Check if they are able to cover the MRTA.
Are you buying for own stay or investment?
If you are planning to sell within 10 years then just get 10 years.
It should also be possible to get Decreasing Term Insurance from other companies and pay on an annual basis.
I have been checking on it as I am also looking to buy soon.
Check if they are able to cover the MRTA.
Are you buying for own stay or investment?
If you are planning to sell within 10 years then just get 10 years.
It should also be possible to get Decreasing Term Insurance from other companies and pay on an annual basis.
I have been checking on it as I am also looking to buy soon.
Yes Six Flags will be Great!
Frankly Legoland and Hello Kitty is really more for kids
Six Flag will make the Theme Park Attractions more complete
May I know when opening for this new Six flags !!! 2015?
UEM just sold 2 parcels of land at Commercial North at RM210psf.
Tiong Nam bought the Marina Facing Commercial South at RM220psf.
The land price is considered attractive and on the high side considering it is at Commercial North and 66% of the land is non marina fronting
Tiong Nam bought the Marina Facing Commercial South at RM220psf.
The land price is considered attractive and on the high side considering it is at Commercial North and 66% of the land is non marina fronting
Where did u hear the 66%?
Individual parcels were sold at RM167psf (29.0ac) and RM297psf (14.7ac)
29 ac out of total 43 ac is 66%
Hi, just signed the letter of offer with ocbc.
Has gotten a 90% loan and the insurance of about 20k plus is payable by loan.
The payable premium is added into loan.
Premium is about 2.5% of loan, insured RM300k for 5years.
Maybe u can try ocbc
Has gotten a 90% loan and the insurance of about 20k plus is payable by loan.
The payable premium is added into loan.
Premium is about 2.5% of loan, insured RM300k for 5years.
Maybe u can try ocbc
Hi, I have a stamped tenancy agreement with bank acc supporting it for the past 6 months. However, I"m not the registered owner as its under my parents name but I'm the beneficial owner, any idea if this could be a prob? Will the banks do a search on the property to determine the owner? Many thanks for the inputs.
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