Re: Very Important! Anyone bought East Ledang's Phase 7 terraces?
My friend just received registered mail from UEM for VP of his Melody Pk Ph3A. UEM did not mention anything on LAD, very strange? Any one had experience getting the LAD before, would appreciate your advice.
Hi Serenity, I got the VP letter by email. No mention of the LAD. They did cut down the interest owed to them quite significantly, taking responsibility for most of the delays in bank drawdown, which was well above my expectations.
I had a chat with Finance on the LAD. They told me the exact amount, as per my expectations. Basically, they calculated from 2 years after the signing date of S&P up until the date of issue of the VP letter.
They will issue the LAD letter along with the Letter of Clearance to collect keys, after the bank pays them the balance of the outstanding mortgage. Once you agree with the amount and sign the letter, the cheque will be issued within 21 days.
BTW, I did walk through the unit a few weeks back. Overall the workmanship looked quite good on the surface. Of course things may pop up later. As a matter if fact, I thought they did more than promised - the guest room of the first floor was supposed to have Ceramic Tiles, however, they extended the Marble Flooring that they provided in the Living Room and Dry Kitchen.
