very good price lei. when you bought it?Originally Posted by isaaclim
YES - Not enough CPF Minimum Sum...sigh.
YES - Need to get higher loan for Condo. Not worth it.
NO - I can get good rental yield. Shiok man.
NO - Other reason.
very good price lei. when you bought it?Originally Posted by isaaclim
so good? which law firm? My law firm charge me 2500 exclude developer s&p which is another 500...sigh...sigh...Originally Posted by isaaclim
Kasper,Originally Posted by kasper
Think your lawyer must be recommended by your banker. Then approach your banker & demand that they should cover your legal fees so that you need not take out any monies.
MY lawyer initially charged us :
Legal fees : S$2500 + GST
Mortgage fee : S$500
Survey fee : S$800
I called my banker & "banged" at him that 2 other lawyers were willing to take our case at S$2500nett.... Finally, after much "bargain", our lawyer agreed to S$2500+GST, but I still battling at S$2500NETT. Lawyers are also reducing their rates to get more business... make a try, no harm!!
Isaac,
Pls include us. Thanks!!
I told my banker that i will not pay any lawyer fees before taking the loan from him...and he absorbed the $500 too....Originally Posted by ctam
got loan from UOB
Hi Queensway,Originally Posted by queensway
i'll like to join in the bulk purchase for the chengai decking but have no idea on the size of my planter. will try to check it out and get back to u ya. Thanks alot for the coordination and initiative
Heh, we'll be staying at same block. Mine stack 37, 3rd floor, facing the road. Think will be blocked by trees Well, not many units for me to choose from. I like the convenience of staying near MRT... abt 20 mins to OrchardOriginally Posted by caspercasper
What price did you pay, Casper?
Glad to find many helpful neighbours around
Btw, I sneaked in the site today. Went to #02-05, #03-06 & #04-08. Still have many "little little" things undone. There was a worker doing some repair work at the door frame when I visited #04-08. Quite messy. Many rubbish! Also found scratches on the wardroble and window panels. Will the developer do a wash up before handling the unit to us?
Hi Isaac. Yes I got my loan from UOB. Met up their assigned lawyer, PKWA, two weeks agoOriginally Posted by isaaclim
I really wonder how the developer is going to give us keys by end April. Still quite messy when I visited the site today.
Hi Isaac,
Me too, i have added mine. Thanks a lot.
Anna
Hi Queensway,Originally Posted by queensway
Pls add us, but only 2sqm at the yard. Thanks!!!
Why so many take loan from UOB? May I know the interest rate that you are paying?Originally Posted by evilllll
1st year 1.98%. Lock-in 1 year. 2nd year onwards I don't remember. Will probably do a refinance if there is a better rate. How about the rest? Is the rate attractive?Originally Posted by kasper
May I know Fixed or Floating?Originally Posted by windrawlose
Hi Quartz. Mine is fixed rate.Originally Posted by quartz
Thanks, Isaac. Please see enclosed.Originally Posted by isaaclim
Yes, I "pay" a visit to Quartz today and really scratching my head how will the authority approve TOP given its current messy condition?
Btw, visited the following ID at IMM today and will share the quotes once I have gotten them:
1. Spacious Planners (they look cool but I suspect pricing will also be cool)
2. Future Home
3. The Line Living
4. Inner View
Personal feeling is Inner View is most practical as they think for Condo project, we shouldnt need to spend > $15K as most of the cabinets are done up.
Btw, I also realized that the planter yard is also opened without window, am I right?
1.98% from UOB is not fixed. It link with their board rate. If UOB increase their broad rate, the interest rate will increase.Originally Posted by windrawlose
Yes, fized rate is definitely higher than that. UOB uses SOR instead or SIBOR. SOR typically flunctuates more than SIBOR. So have to be careful with SOR.Originally Posted by isaaclim
I know UOB & OCBC use SOR which I dont like as they are not as "transparent" as SIBOR.
When did you sign up with UOB?Originally Posted by isaaclim
Maybe soon...Originally Posted by Cot
Last edited by isaaclim; 21-03-09 at 01:14.
When did you sign up with UOB? Our 1st year is at 2.58%!!Originally Posted by windrawlose
Yes Isaac and tortu are right. I made a mistake. My loan uses the mortgage rate which is linked the SOR.Originally Posted by tortu
I checked the loan letter. 1st year 2.52% below mortgage rate (currently 4.5%). 2nd year 1.62% below mortgage rate. 3rd year 1.22% below. Thereafter 0.75% below...
I feel the rate is not attractive from 2nd year onwards.
Cot, I signed up in Feb 09.
Those that have not sign up the loan should try Citi bcos I got my loan in Feb 09 atOriginally Posted by windrawlose
0.85+SIBOR (1st yr)
1+SIBOR (2nd yr onwards)
Any of your law firm charge you another S$500 for developer’s lawyer for the S&P documents separately? I pay 2500 nett include mortgage stamp only.
In fact, 2.5k net (including GST and $500 stamping fee) is the max you have to pay for reasonable well reputable law firm.Originally Posted by kasper
I went for their fixed rate @ 2.48% per annum, 2 years locked in..dun know if that's a good deal or not, anyway, it's still lower than HDB loan...Originally Posted by kasper
Anyway, heard that Maybank if offering 1.6% for 1st year... 2.2% 2nd year and 2.9% 3rd year...3 years locked in
Yes, mine is 2.5k net (including GST and $500 stamping fee). However, my lawyer is asking another 500 to pay developer lawyer for the s&p documents? is this valid? did anyone pay for it?Originally Posted by isaaclim
Originally Posted by evilllll
personally i think maybank is quite a good deal..but it is only lanuch after i commit my loan with citi..
That package from Maybank is only for TOP'ed project at 70% only.Originally Posted by evilllll
I think it is no big deal, I pay for the S&P agreement too. But cant remember exactly how much already.Originally Posted by kasper