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Thread: Concourse Skyline (D7, 99 years leasehold, Hong Fok)

  1. #241
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    Sorry typo error. Should be dec 2013.
    Quote Originally Posted by bargain hunter View Post
    u mean LD will kick in FROM dec 2014 or has already kicked in in dec 2013?

  2. #242
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    Dec 2011
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    I just went in to take a look today.
    The TOP should be 1-2 months from now.
    They are doing the minor defects.
    I spoken to my lawyer, the LD will cost the developer around 1.5m per month.
    I will be receiving around 7500/month for the LD for my unit, at least it covers my lost of rental.

  3. #243
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    Not bad income from developer since rental in dec and early part of the year is usually very quiet.
    Quote Originally Posted by Adva181 View Post
    I just went in to take a look today.
    The TOP should be 1-2 months from now.
    They are doing the minor defects.
    I spoken to my lawyer, the LD will cost the developer around 1.5m per month.
    I will be receiving around 7500/month for the LD for my unit, at least it covers my lost of rental.

  4. #244
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    Mar 2014
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    I'm actually really pleased with the delay as it lowers my cost price. They can take as long as they want if they pay 10% LD ! In fact they should see whether they can restructure the remainder into serviced apartments if the rest can't get sold in this market.

  5. #245
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    Apr 2011
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    I am curious. Have u reced letter from developer' lawyer that they r going to compensate u $7.5k per month? Or in sn p, did the developer explicitly stated that they will pay LD fr dec2013? U reced the money already?

    If u look carefully, they always stated "EXPECTED TOP" n " EXPECTED legal date of completion". What choices can buyers pursue?
    Just Do It! 要拼才会赢!

  6. #246
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    Quote Originally Posted by Cyberknight View Post
    I am curious. Have u reced letter from developer' lawyer that they r going to compensate u $7.5k per month? Or in sn p, did the developer explicitly stated that they will pay LD fr dec2013? U reced the money already?

    If u look carefully, they always stated "EXPECTED TOP" n " EXPECTED legal date of completion". What choices can buyers pursue?
    My lawyer advised me that LD applies from the date mentioned in article 12a in the S&P agreement. In my case that is December 31st 2013. It is calculated as 10% per annum of the installments paid. In my case thats 10% per annum of 55% of the total value I paid to date divided by 365 days.

    I only bought last year so my LD is significantly more that 7,500 per month.

    For me, I cant wait to get the keys as I am staying in a hotel at the moment, my previous lease ran out last week.

    Robert
    Last edited by Robert-v; 01-03-14 at 18:58.

  7. #247
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    Quote Originally Posted by Adva181 View Post
    I just went in to take a look today.
    The TOP should be 1-2 months from now.
    I was hoping that it would be weeks, not months..

  8. #248
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    More key is whether the developer agreed to pay or it will be subjected to legal proceeding before payment? Else your holding cost is very high
    Just Do It! 要拼才会赢!

  9. #249
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    Quote Originally Posted by Cyberknight View Post
    More key is whether the developer agreed to pay or it will be subjected to legal proceeding before payment? Else your holding cost is very high
    I have asked and they responded via their lawyer that they will calculate the total when they send the notice of vacant possession and pay by cheque. Looking at the text in the contract it is very clear.

  10. #250
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    Dec 2011
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    My lawyer just called me. TOP liao n can collect key already.
    He also advised me on the LD amount which developer will issue a cheque to me.

  11. #251
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    Quote Originally Posted by Adva181 View Post
    My lawyer just called me. TOP liao n can collect key already.
    He also advised me on the LD amount which developer will issue a cheque to me.
    Same, need to make payment of the last 2 stages, 6months maintenance fee and valuation (bank supposedly take 7 days) then can make appointment for key collection (3 days in advance and appointment are first come first serve).

    Then my ID an start..

    Robert

  12. #252
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    Congrats!
    Quote Originally Posted by Adva181 View Post
    My lawyer just called me. TOP liao n can collect key already.
    He also advised me on the LD amount which developer will issue a cheque to me.

  13. #253
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    Dec 2011
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    Quote Originally Posted by DC33_2008 View Post
    Congrats!
    Thanks bro.

    So shall we meet at beach road market or Amoy street for breakfast coffee?

  14. #254
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    Quote Originally Posted by Adva181 View Post
    Thanks bro.

    So shall we meet at beach road market or Amoy street for breakfast coffee?

    Are you aware there is a fuction call Private Message...yes, its meant for private messaging.
    "Never argue with an idiot, or he will drag you down to his level and beat you with experience."

  15. #255
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    People not happy. Your unit must have a great view either towards the Sea or city.
    Quote Originally Posted by Adva181 View Post
    Thanks bro.

    So shall we meet at beach road market or Amoy street for breakfast coffee?

  16. #256
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    Quote Originally Posted by DC33_2008 View Post
    People not happy. Your unit must have a great view either towards the Sea or city.
    Why are people not happy?

    Robert

  17. #257
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    Quote Originally Posted by Adva181 View Post
    Thanks bro.

    So shall we meet at beach road market or Amoy street for breakfast coffee?
    Plz no hanky panky , just kidding

  18. #258
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    Did you not notice R33 post?
    Quote Originally Posted by Robert-v View Post
    Why are people not happy?

    Robert

  19. #259
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    Hi bros,

    Please PM me if you wanna meet for coffee nearby.

    Better use the PM function as per advise or else I will have no peace.

    Lol

    Robert, is yours a 2 bedder or 1 bedder?

  20. #260
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    Quote Originally Posted by Adva181 View Post
    Hi bros,

    Please PM me if you wanna meet for coffee nearby.

    Better use the PM function as per advise or else I will have no peace.

    Lol

    Robert, is yours a 2 bedder or 1 bedder?
    1+1. 1083sqft

    Would enjoy meeting up. Looking at the apartment from the hotel now and see 1 light on

  21. #261
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    Quote Originally Posted by Robert-v View Post
    1+1. 1083sqft

    Would enjoy meeting up. Looking at the apartment from the hotel now and see 1 light on
    U bought sub sale?
    Actually it's not 1+1, it's consider 2 bedders.
    It's reflected in your S&P. the smaller room is actually good for a bed and a wardrobe.

    Which stack are u in?

    PM me if you want to meet for kopi.
    Cheers.

  22. #262
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    Feb 2014
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    Quote Originally Posted by Adva181 View Post
    U bought sub sale?
    Actually it's not 1+1, it's consider 2 bedders.
    It's reflected in your S&P. the smaller room is actually good for a bed and a wardrobe.

    Which stack are u in?

    PM me if you want to meet for kopi.
    Cheers.
    Stack 2, it will be a 2 bedder once I get the wall built between the living room and the bedroom. The designer putting a sliding wall there should be sent back to school.

    I bought last July and paid market rate. (Hindsight makes me feel I paid too much). My first property so call it education..

    This ang moh enjoys a good kopi so will PM you.

    Robert

  23. #263
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  24. #264
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    Feb 2009
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    Is concourse skyline worth to consider with newer projects like DUO and South Beach coming up?

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