Nusa Sentral Tread

[ComingToJB]

(foundation we do pay as I recall )
Should be 45% if count this way
5% discount 5% for deposit_____10%
5%discount 5% for 2nd deposit__10%
10% foundation stage paid _____10%
15% for structural stage_______15%
----------------------------------45%
Need more clarification n confirmation thanks.

But below schedule is what stated in our agreement.. and for that we can't change it by ourselves

If your payment (before foundation) is 20% instead of 10%.. then the total will become 110% & not 100%!!??
So even you got the 10% discount, in the end there is no discount cos you are paying 100%

I would like to clarify also.. Cos developer told me that I do not have to pay for the foundation as at this stage will be waived by the "10% discount" which had promised by the developer. And she told me that this is the way they do on the 10% discount

Immediately upon the signing of agreement - 10%
Foundation - 10%
Structural - 15%
Dooor and window frame works - 10%
Roof, elect wiring, plumbing, gas piping, etc - 10%
Internal and external wall finishes - 10%
Sewerage - 5%
Drainage - 5%
Roads - 5%
Takes possession of the house.. - 12.5% + 2.5% + 5%

Total: 100%
(List price stated in the agreement [exclude 10% discount])

 

[Skooz]

But below schedule is what stated in our agreement.. and for that we can't change it by ourselves

If your payment (before foundation) is 20% instead of 10%.. then the total will become 110% & not 100%!!??
So even you got the 10% discount, in the end there is no discount cos you are paying 100%

I would like to clarify also.. Cos developer told me that I do not have to pay for the foundation as at this stage will be waived by the "10% discount" which had promised by the developer. And she told me that this is the way they do on the 10% discount

Immediately upon the signing of agreement - 10%
Foundation - 10%
Structural - 15%
Dooor and window frame works - 10%
Roof, elect wiring, plumbing, gas piping, etc - 10%
Internal and external wall finishes - 10%
Sewerage - 5%
Drainage - 5%
Roads - 5%
Takes possession of the house.. - 12.5% + 2.5% + 5%

Total: 100%
(List price stated in the agreement [exclude 10% discount])

Yes i Agree but the only difference we r charged as i was given the discount at the deposit stage that is 5% first deposit n another 5% second deposit while yours is at the foundation stage of which i paid n whoever calculate at 110% logically .

 

[ComingToJB]

Yes i Agree but the only difference we r charged as i was given the discount at the deposit stage that is 5% first deposit n another 5% second deposit while yours is at the foundation stage of which i paid n whoever calculate at 110% logically .

I think for developer side.. no different for these 2 scenario to them.. just that is not clear when explaining to buyers

Scenario 1:
Immediately upon the signing of agreement - 10% (payment is 5% only as deposit)
Foundation - 10% (using next 5% payment only)

Scenario 2:
Immediately upon the signing of agreement - 10% (payment is 5% + 5%)
Foundation - 10% (no payment is required)

So in the end still workout 10% discount.. rite?

 

[ComingToJB]

Yes i Agree but the only difference we r charged as i was given the discount at the deposit stage that is 5% first deposit n another 5% second deposit while yours is at the foundation stage of which i paid n whoever calculate at 110% logically .

OK! I have just re-confirmation with the developer via email.. So the below is correct (for my case)
End of the day, payment is 90% from the list price

Immediately upon the signing of agreement - 10% (5%+5%)
Foundation - 10% (Wavied!! Will be offset by the 10% discount.. Just ignore the letter..)
Structural - 15%
Door and window frame works - 10%
Roof, elect wiring, plumbing, gas piping, etc - 10%
Internal and external wall finishes - 10%
Sewerage - 5%
Drainage - 5%
Roads - 5%
Takes possession of the house.. - 12.5% + 2.5% + 5%

Total payment: 90% (after less 10% discount)

 

[Skooz]

Yes i Agree but the only difference we r charged as i was given the discount at the deposit stage that is 5% first deposit n another 5% second deposit while yours is at the foundation stage of which i paid n whoever calculate at 110% logically .

Yes the confusion is the part the discount is given cause it seems right for the discount to be given at the first 20% as a discount initially as a promotion n not at the foundation stage ,for loan approvals as to ease the buyers downpayment

 

[Skooz]

hi coming to jb can u give me the email address of the developer as trying to contact them correct person is tedious

 

[ComingToJB]

hi coming to jb can u give me the email address of the developer as trying to contact them correct person is tedious

Hi Skooz,
PM you already

 

[Skooz]

hi thanks ,checked already ,will contact them.

 

[wolverine23]

Anybody has the same problem?

Who do you contact?

I keep getting late payment interest letter every month! Who do you guys write to for these matters?

There is a lady called Mei Qi who keep emailing me and tells me its ok and they will waive it off... How can we trust them?

 

[ComingToJB]

Anybody has the same problem?

Who do you contact?

I think the only thing right now is to keep all e-mails as an evidence.. just in case we may need it in the future

 

[joegoh]

I am new here, mine is phase 5 TypeE just receive letter from the law firm. Memorandum of transfer totally don't know what is that. (The documents are forwarded to you strictly on your undertaking not to date and stamp the above documents until and unless you have received our confirmation that the differential sum between the purchase price and the loan amount has been fully settled. Please acknowledge receipt by signing and returning the duplicate copy hereof) Did anyone receive this letter?

 

[wolverine23]

Do you get the same problem as well?????

I think the only thing right now is to keep all e-mails as an evidence.. just in case we may need it in the future

 

[ComingToJB]

Do you get the same problem as well?????

So far I didn't take up any mortgage loan yet.. still paying base on the stage of progress payment..
So I did not face this problem

 

[malpaso]

I am new here, mine is phase 5 TypeE just receive letter from the law firm. Memorandum of transfer totally don't know what is that. (The documents are forwarded to you strictly on your undertaking not to date and stamp the above documents until and unless you have received our confirmation that the differential sum between the purchase price and the loan amount has been fully settled. Please acknowledge receipt by signing and returning the duplicate copy hereof) Did anyone receive this letter?

MOT is when the developer transfer the title deed to your name, i.e after they collected full payment from the bank and/or from you. you will have to pay a stamp duty for the MOT.

 

[joegoh]

Thanks malaprop. But the problem is why they sent this letter to me so early since my MOT will maybe in two year time. How much will be the stamp duty, I thought everything is included le.

The law firm like no standard one, when we go sign SPA they also never explain anything just say your document will be put on sleep for few months. Every time receive late letter and timeframe only left a few day for payment. Hai so sian.

 

[malpaso]

Thanks malaprop. But the problem is why they sent this letter to me so early since my MOT will maybe in two year time. How much will be the stamp duty, I thought everything is included le.

The law firm like no standard one, when we go sign SPA they also never explain anything just say your document will be put on sleep for few months. Every time receive late letter and timeframe only left a few day for payment. Hai so sian.

ok, am no lawyer, but let me reason it out logically. First, the developer is holding the land title under developer name, to construct. after completing the construction and hand over to you, they will get the money from you (full payment). In case of you having secured a loan, that means bank will disburse them the full amount. during this time the key is probably handed to you (VP). Only after devloper has got their full payment, can you as the buyer, submit the MOT to be stamped. This transfer the title to you, but the bank keeps the title since you owe the bank.
so they forward the MOT document to you, for you to keep. Thus, after you get the key, developer will inform you when they have received payment from the bank (and also any difference that yousupposed t pay in cash), only then can you submit the MOT for stamping. Thus , the letter that they asked you to sign, is merely to confirm that you have recvd the MOT documents, but you will not submit the MOT until after the developer lawyer has informed you (later, after you get your keys, ) that they are ready to release the title to you, after they have recvd all payment (loan + difference between loan and purchase price).
I believe the story is something like the above. someone correct me if i'm wrong.
and also, i think MOT stamp duty is borne by purchaser. something like 1-2% of SPA? malaysian or singaporean also have to pay. you don't pay now, pay later.

 

[ComingToJB]

Thanks malaprop. But the problem is why they sent this letter to me so early since my MOT will maybe in two year time. How much will be the stamp duty, I thought everything is included le.

The law firm like no standard one, when we go sign SPA they also never explain anything just say your document will be put on sleep for few months. Every time receive late letter and timeframe only left a few day for payment. Hai so sian.

For this project, the legal fee & stamp duty will be absorbed by the developer.. So no need to bother how much is the stamp duty

 

[joegoh]

. Thanks malaprop and ComingToJB. But the problem is i only received the letter and did not receive any MOT documents. I have attach the letter here. i went to the site yesterday (@second stage) the structural is already half done very fast.

 

[Skooz]

Already checked with developer n confirmed all the payments n fees made so far n balance payments ,its the best way to email them n they reply soon then the lawyer firm as they dont seem to respond at all .

 

[joegoh]

For those who take type E, can i know anyone intend to extend the masterbed room balcony. If we extend it to the max( to the end), do you think the car porch ceiling can withstanding our weight. As i alway think that the design is very stupid why can't they extend the balcony to the max or is because its can't handle heavy weight or the developer wanted to cut cost for that small amount. Really can not understand what the reason behind.