Puteri Harbour Community

[kaliumchloride]

I spoke to the management last week. They had slowed down recently as they are looking to appoint the contractors for the tower blocks. The podium contractors are different team. They said my level 20 unit would be structually up only in end 2015. This project is 30 plus floors.
The TOP is scheduled to be last quarter 2016. Personally I think it would be in mid 2017.

Hi, anyone knows the official TOP date for Encorp Marina. What is the penalty for any over run ?

 

[PuteriWorld]

I hope they don't postpone anymore... Its best they quickly get it up and running. But I like the part about free shuttle to Bukit Indah, LEGOLAND and JPO. Quite amazing they can think of this.

View attachment 18073

Ferry service coming soon....

 

[IskandarRocks]

For those interested, a few selected returned Teega units are available from 800 psf to 1050 psf. Please check directly with the sales office at Puteri Harbour Marina.

Looks like the market is getting better. Out of the 16 units released, they have already sold 6. The 3 largest units (2000 sft) released are sold. One of them, marina facing, went for RM 1100 psf, or a total of RM 2.2 M.

 

[DCputeri]

Wow. This is good news with a reputable operator who also operate ferry to batam from Singapore.

View attachment 18073

Ferry service coming soon....

 

[DCputeri]

My agreement was signed on 3 sept 2012. With a legal completion period of 42 calendar months. They probably cannot TOP by 2 march 2016 as my unit is at the top of tower 1. Shall be receiving LD of 10% p.a. of purchase price computed on a daily basis. Last quarter of 2016 means a delay of at least 6 months. I do not mind as I am in no hurry to take over.

I spoke to the management last week. They had slowed down recently as they are looking to appoint the contractors for the tower blocks. The podium contractors are different team. They said my level 20 unit would be structually up only in end 2015. This project is 30 plus floors.
The TOP is scheduled to be last quarter 2016. Personally I think it would be in mid 2017.

 

[joe88]

Is LD applicable to all buyer? I have a unit on Tower 2. Where do I check that?

My agreement was signed on 3 sept 2012. With a legal completion period of 42 calendar months. They probably cannot TOP by 2 march 2016 as my unit is at the top of tower 1. Shall be receiving LD of 10% p.a. of purchase price computed on a daily basis. Last quarter of 2016 means a delay of at least 6 months. I do not mind as I am in no hurry to take over.

 

[btravelling]

View attachment 18073

Ferry service coming soon....

Funny because I just emailed them last week and they got back to me saying there are still problems and delays.

 

[DCputeri]

Should be found in your S&P agreement.

Is LD applicable to all buyer? I have a unit on Tower 2. Where do I check that?

 

[UsernameX]

Volt is being marketed at malaysia property show by property guru, should be a few PH property. anyone go kaypoh see if they raised price already?

 

[joe88]

There is a clause in the S&P, item 25, page 10, 48 months from S&P date (22 Mar 2013),
that's mean, if TOP before 21 Mar 2017, they do not have to pay any LD..

Should be found in your S&P agreement.

 

[Funniman]

Should be found in your S&P agreement.

Can be found under Clause 25 (2). It is basically 10% per annum of the purchase price calculated on a daily basis.
Mine is signed in Feb 2013, so the date of delivery should be on Aug 2016.

 

[joe88]

How do you get Aug 2016? Not 48 months? which should be Feb 2017?

Also is the 10% shared with the bank?

Can be found under Clause 25 (2). It is basically 10% per annum of the purchase price calculated on a daily basis.
Mine is signed in Feb 2013, so the date of delivery should be on Aug 2016.

 

[DCputeri]

Encorp progress photo dated 29 Sept 2014 and posted by UjaiDidida from Skyscrapercity.

 

[GilaPH]

There is a clause in the S&P, item 25, page 10, 48 months from S&P date (22 Mar 2013),
that's mean, if TOP before 21 Mar 2017, they do not have to pay any LD..

Encorp is 48mths from date of SP? Imperia if im not mistaken is 36mth.......can any1 confirm this?

 

[Funniman]

Encorp is 48mths from date of SP? Imperia if im not mistaken is 36mth.......can any1 confirm this?

Sorry typo error. It is 42 mths on practical completion.
Extra 2 mths given for it to be fitted out as my unit is a fully furnished one.

 

[naved]

indeed Imperia SP is 36 months..they plan to handover May 2015..looking forward!!

 

[nusajaya2020]

More likely Q4 2015, based on current progress.

indeed Imperia SP is 36 months..they plan to handover May 2015..looking forward!!

 

[naved]

No complains!! let them take their time

 

[GilaPH]

No complains!! let them take their time

Yeah true tat.......1 year delay also ok just as long they give our 10% late fees

 

[potter]

i dun look forward to LAD for highrise building in mly.