Taman Bukit Erskine is a 38-storey apartment block located along Lebuhraya Halia in Tanjung Tokong, Penang. There are 564 units of low-medium cost apartment in total.
Apartment units at Taman Bukit Erskine has a built-up area of 650 sq.ft. and each unit comes with three bedrooms.
Property Project : Taman Bukit Erskine
Location : Tanjung Tokong, Penang
Property Type : Apartment
No. of Blocks : 1
No. of Storey : 38
Total Units : 564
Built-up Area : 650 sq.ft.
Developer : Ivory Villas Sdn Bhd
221 comments«Oldest ‹Older 1 – 200 of 221 Newer› Newest»
- August 18, 2011 at 3:56 PMAnonymous
- August 19, 2011 at 12:20 AMNC
- August 19, 2011 at 1:29 PMAnonymous
- August 19, 2011 at 2:02 PMPeak Of the Peak
- August 19, 2011 at 2:13 PMNEC Andy
- August 22, 2011 at 3:30 PMPeak Of the Peak
- August 22, 2011 at 9:12 PMah pang
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- November 29, 2011 at 10:38 AMMy Blog 23
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- February 21, 2012 at 12:55 PMDavid YEW
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- February 29, 2012 at 3:06 PMd-look
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«Oldest ‹Older 1 – 200 of 221 Newer› Newest»can anyone upload a map of the actual location. thanks
what is the price ranged?
stated rm75,000.
The location is behind The Peak Residences.......
my friend told me that Taman Bukit Erskin, The Peak and The Latitute are in same location. (I not sure on it)
Andy, they are all at the same area. But it is not linked together. Meaning all are under diff management........
It is just as simple as u pay apple; u get apple... Nothing in this world comes with pay apple to get durian....
:)
HV any facilities ? cz my fren apply BSG low medium cost at bukit gambier hv gym room and garden, the project when complete?
Ah Pang,
May I know how to apply or any further information for BSG low medium cost apartment, what is the name???
How to apply???
Thanks
it's call centrio avenue at bukit gambier
would it be 2 LMC project in that area?
when this project going to start? 3-4 yrs later....
estimated Dec 2013
There are 3 prices and will only tell you when you arrive but not stated in the letter:
a) Very Basic : 72k
b) Basic + Reno : 95k
c) Basic + Reno + Car Park :112k
Only 1 draw for Very Basic Buyer, 3 draws for c buyer...
Haiz..poor people treatment...wonder when and how much for the parking lot as I only bought the very basic unit..saving money to buy the parking lot... :(
Philip,parking lot ONLY come with package C. The place nearly to top very inconvenient if no car n car park.
Yalor..but not really happy with their hidden package and only will can get to know when they explain to you...Already write in to as is there any parking lots for sales AS PER THEIR REQUEST for almost 1 week but non of them bother to reply me...feel sad..Poor people treatment... :(
Already write in 3 x email as PER THEIR REQUEST for FURTHER PARKING LOT ENQUIRIES within 2 WEEKS ..and yet still do not receive any feedback,response from the management...Not even : thanks you for your emai l and we will revert to you soon or something courtesy...Can you imagine!?!?3 emails and no reply AT ALL...They not even how to respect and concern about our feel..I think because Im poor and not qualify for them to care..Very Damn TULAN with their service.... Call them and they ask me who ask you to wirte the email?They not even bother n maybe don't know how to reply as they are not ready to sell!!!!
I'm already choosen the package C which is reno + carpark = 112k
This morning I went to the construction site and see already half way 30%+ building but I don't know which house to house is no.1 to no.15 due we get in there is from north and infront is mountain south from georgetown
Wow Jason....
Which floor?Maybe we can be neighbour :)
My is 29 floor...hope that not facing the "bungalow" or else the "Yan Shi Zhi" will fly into my house during Cheng Beng..... :(
Btw, have you got your S&P already? They ask me to wait till end of Feb...
How to purchase this industry?
Hi Philip, Sorry the building I saw last time my mistaken look I though it was Taman Bukit Erskine. Actually is The Peak Residences (My parents also brought 1 house on there too!). Taman Bukit Erskine building haven't yet constructed. (I wish this mines too builds as soon as possible).
Yes I've already signed the S&P since 2010 between mid-year and paid 10%. The lawyer firm last time in Penang Plaza now moved to Northern Tower. I'm already went 3 times over both places last 2 years too.
guanxin, I'm not too sure la but I believe most of the houses here is for the former (Fettes Villa) purchasers only?
You can see the old new:
http://www.malaysiapropertynews.com/2008/02/ivory-earmarks-rm70m-to-revive-fettes.html
got any facilities?
Edward, in plan future will build highway across the mountain to Tanjung Tokong heard my parents who buy The Peak Residences & also according to Grow said:
http://www.apartment-penang.com/2011/02/latitude-condo-mount-erskine.html?showComment=1308794569484#c7356196829815906062
The Peak Residences latest taken pictures from construction site:
http://www.apartment-penang.com/2008/02/peak.html
Maybe this Taman Bukit Erskine, The Peak Residences & The Latitude are in the same location if no wrong. I still remember because me asked the Ivory staff last time when I go take the draw and I see the map of drawing on the table and she told me.
Jason: Cant be your neighbour liao..yours is more high class...but i think just about 5 mins to go to each building..its very near..like triangle.....
Jason: haa..thought you are stayig with your parent at The Peak.....Will invite you if I got do any house warming ya!!!!!Cheers!
Haha thank you 1st.
There my brother and sister in law & sons will stay in The Peak. We're in different stays mah :))
I like the future highway there connect Tanjung Tokong to Teluk Bahang on the back mountain ^_^
but actually taman bukit erskine is better or centrio avenue?
Hey bro Edward, the place Tanjung Tokong and Bukit Gambier long distance between this 2 places. Different peoples's mind different think mah! For me I like Tanjung Tokong because currently I'm staying at old house near Jelutong so I rather to choose other place.
Dear Edward,so far there is a garden as per what the cutie from ivory told me... but i'm not sure how big it will be...
Already visit the construction places but seems like really close to mount and isolated
help!!! who know the door direction is face to which four cardinal directions ？
Carpark area is on South view from Georgetown and when you go there enter in the area is from North so which mean infront is South
The direction like below this
N
/
--/ --
/
jason how you know so many thing ?
hehe .. actually i want buy a house the main door is face to east !!
jason do you have facebook? can add me at daveyew82@gmail.com..
can i ask you?
1)can draw how many time to choose
2)currently complete how many % i go there but no see any building .. only the peak
I wonder has anyone actually confirm getting one unit of this medium cost apartment as I was told recently or is everyone's application still pending for approval?
David YEW, last time I go take the draw and asked the Ivory girl where the drawing map on the table and I point the carpark in where and where is the North.
because I'm already went to construction site before in this CNY
Philip already said:
There are 3 prices and will only tell you when you arrive but not stated in the letter:
a) Very Basic : 72k
b) Basic + Reno : 95k
c) Basic + Reno + Car Park :112k
Only 1 draw for Very Basic Buyer, 3 draws for c buyer...
I'm not too sure la but I believe most of the houses here is for the former (Fettes Villa) purchasers only? As I'm 1 of former Fettes Villa purchaser which already paid 10k since 1996 so now just continue to new agreements
aiya lazy to explains already lo you all read back above same questions ask again
Hi Jason,
The price has been revised as below:-
1)RM72,500.00 : Basic
2)RM97,500.00 : Basic + Reno
3)RM117,500.00 : Basic + Reno + CPark
Good Sinne for up-to-date.
My father's friend interest to buy house here last time but Ivory said this is only for former Fettes Villa buyers which project already abaddon since 1996
Is that now open for everyones who interest to buy?
Jason:This is my 1st house which I apply through GOV. Who else is interested!?
Philip, me too. My 1st house if not the former Fettes Villa - Gewaris Sdn Bhd (the project's former developer which is in liquidation) who has abandoned the project on 1996 otherwise early I'm already can stay in the place.
Fettes Villa renamed Taman Bukit Erskine revive by Ivory now
http://www.malaysiapropertynews.com/2008/02/ivory-earmarks-rm70m-to-revive-fettes.html
i juz pay for the deposit last week
but i dint apply loan yet
just wanna know it's that any other bank that can provide better
loan interest that RHB??
D-look:how much do you buy the unit?
If below 100k..then you can only choose CIMB or Public Bank...
How much interest does RHB offer?
Others than RHB, do anyone get the house loan from any others bank as been told as of now it's only RHB who're their panel bank...
Huh!!you Sure?I am taking Public Bank as Im taking basic unit..so Ivory said I can choose any bank I like...RHB bank told me better dont take them as not that worth it....
:(
I took rhb
I'm received registered mail of "LETTER OF ACCEPTANCE to OFFER TO PURCHASE" today from my mailbox. Nice^^
Anyone else already received mail recently too?
Finally i still go back to the panel
bank rhb, with 4.8% interest.
i purchase with car park plus renovation
so the total is rm117500.
Hi Jason! That is good news~ Congratulations! U purchased this by Egov? Or direct Ivory?
I'm buy with my saved cash didn't take any loan %0 save interest :)
Yesterday received next letter to go collect my S&P so today I will go take from it solicitor.
BlogAboutEverything, I got mines from state gov long time ago
Jason: S&P for stamping or?
They ask me to wait for min 2 months as the apartment not yet acual build and they cannot do the stamping wor :(
I've just go taken from the solicitor this morning all 7 about 4 original copy of Settlement agreement, S&P agreement, Supplemental agreement, Car park and Upgrading agreement and the rest 3 is photo copy of agreements lo like a large book inside hundred of pieces of papers building and site maps and further details about agreements.
I've received 2 letters this recently 2 weeks. Do you also received that too? 1 from Ivory and 1 from Panel which solicitor asked me go to take 1
Why I haven received anything?
Jason:good for you!!!
Jocelyn:you will need to call and chase them(Ivory & solicitor)
I will call and ask again.....
Thanks Philip.
Inside the S&P got a piece is show about scale map of the building where is the location now I know the place where is it direction.
Thanx Philip..we will be neighbour soon..
I been rejected by 4 bank.They not accept this property.How to loan?
Speakout, then did you ask for refund
for your 10% down payment from ivory??
After 1 month chasing Ivory (2 email per week without any of their reply)..finally I got my S&P agreement...Yeah :D
Glad to heard that Philip. We're neighbour now.
although I'm discuss and review on Peak Residences but still active here
http://www.apartment-penang.com/2008/02/peak.html?commentPage=3
anyone had paid for the loan legal fee? mind to know the rate as we are now waiting for the lawyer to come back to us on the fees...
I have paid my lawyer's fee rm2300.
hi jocelyn,
ur lawyer is chow tat seng & low?
My lawyer is ong.
Im so sad....just rejected by bank for the housing loan due to DELEVOPER QUOTA ALREADY FULL..Any can advise me what to do?Is't my problem or bank no powerful enough or developer problem???!?!?!?!?!?!?!?
Philip... I have the same problem too
same reason from RHB bank Quota full
and i have asked a lot of my banker
friends they said the developer should
make sure that the setted quota amount is high enough to enable all the buyer to get loan. the developer need to communicate with the penal RHB Bank especially else they need to do full refund for all buyer.
Addition infor, i have called the
developer they said they going to charge me RM4k++ in case i request for refund.
The penal bank RHB really bad service!!hate it!!
My agent from RHB damn irresponsible.everytime need me to make phone call to chase after her for my loan approval.no follow up with my status.when persuade u to sign her bank,very sweet.now turns up with a lot terms and conditions u need to follow.RHB branch near Lam Wah Ee
Many bank rejected me..say quota full...RHB is my last hope...but they say due to my salary is less than 3k....so interest will be very high...so sad.....Am waiting for the status now...
jocelyn, so now did RHB already approved you for the loan?
if i got RM3k for salary
i won't apply for this project.
RHB is Sxck. Ivory already know
many buyer been rejected but
they never take any action to solve
the problem. haihzz..
very disappointed with ivory.
"quota full" is the best excuses bank
can give to reject those buyer that
fulfill the loan requirement.
After signing all the S & P agreement down payment RM750 n down payment..Feel like been cheated.I ask lawyer firm.They told me the S&P down payment can not be refund if the loan rejected.Sob..Sob
If 10 person been rejected.Ivory pointed lawyer firm safely earn RM7500.Really feel like been cheated....
jocelyn:Y your lawyer is ong?Ivory appointed Chow tat sing & low
My panel is ONG (ONG & MANECKSHA) too.
Actually I want to make loan too since end of 2010 but the term of loan is too troublesome to me and sumore the interest not that lower and I heard from 1 of my construct's boss friend said that on year 2012 the bank loan will more bit difficult to make it that is why my decision on last year use to buy with cash where I was saved many years.
My loan been rejected even with 85%. ask RHB agent how many percent i can get?80% only.That mean have to pay by cash 20%.If i got cash 20% i will not buy medium low cost....Agent keep on said this is from Bank Negara policies.They cant do anything.....
If you got asset example like 100k+ I don't think that you still can buy a condominium if you has 200-300 then different say like example too The Peak nowadays price is up atleast 488k+ depend on it but if look for some old condominium you can between 150k-200k something like.
I think you can loan like 65-70% something like that rest you have to pay with cash.
Just 2 cents of my personal opinions
if the amount is small and you have credit card/cashline, probably can consider balance transfer. every 6 mths use another bank card/line to cover back. higher interest (stdchart last i heard is 5.88% pa) but short term is ok. better than wait and let the price run. or try MBSB (building society). they are not subject to bank negara control. eg. they can loan 90% for more than 3 properties. but interest higher by 1% at least. their requirements not so stringent like banks.
the payment level steps is different amount each. when there shall pay with 7k-10k how can you still use credit card to load for it?
there are limit on the card and I heard before there said cc cannot use to pay for house/car. If you buy LCD TV I think properly still can
If your property between 200-300k.Got cash 20-30k...Can loan up to 95% + 5%(MRTA) as bank tell me...Not RHB
for fund transfer, you don't swipe card. you called the bank's fund transfer department. they will pump in money into your bank account 1 week later. the bank don't care how you use the money as long as you pay back on time. you can drawdown progressively also. in fact 2012 and before, some banks offer interest free fund transfer.
why RHB? there are so many banks out there looking for biz. if you have exhausted the banks, try MBSB.
if really is... you still only can use to pay for house 1 or 2 issues only and your card will no longer to use again unless you have amount of what you get on monthly to clear your payment to the bank because you will need to full return your owe to bank 1st before your card active back
for similiar like you said cash buy once the building is completed you need to pay finish all the payments
you need to have at least 2 to 3 credit cards of the same limit while you use only 1. chances are after 6 months, you might not be able to pay in full and you need to draw from the 2nd or 3rd card to pay for the 1st card. also, you can use 2nd or 3rd card for other purchases. you need to find out which banks have fund transfer and are always offering good rates.
you only use fund transfer to pay for part or whole of 20 or 30% downpayment. unless your credit card limits add up to few hundred k.
bad idea la. you use cc for 20%-30% meanwhile you still need loan from bank to pay the rest. Developer want all once completed construction and bank to pay them 1st and you loan from bank with 15years, 20years or 30years. If you use cc which mean you have to pay back double 1st to settle your card and 2nd to settle your loan.
Can I know d community mostly will be majority by wat population? Will it be pupulated by foreign workers?
do you know your future? lol
i am saying you don't hv to settle credit card but rollover to other cards. off course this is a bad idea if you have cash for 20 -30%. it's even better you pay 100% in cash and no need to borrow from banks at all.
Finally i received call from RHB bank.....HL approved...... YEAH!!!
Yeah, we will become neighbor! This week will go make payment and draw the unit. Hopefully everything is smooth.
Good news Philip! Glab of hearing that. Neighbour now
I am new in this thing, is it really worth for me to get a unit of this? i am very scared that i couldnt get the loan, then my downpayment n all d money paid will be gone, rite?
i also worry about my housing loan, some more need to pay 10% for the down payment
Hi Philip, may I know which loan you applied? RHB My1 Flexi Home Loan? Or My1 First Home Loan? What is the details of your loan package?
Hi Huang and gk, if your bank record is good and no bad debts, I think should be no problem for the loan. Can try for other banks.
Not all of the deposit will gone I think, need to check with Ivory.
Beside 3 package can i buy basic type 72500 + 2 carpark as well and ignore the revonation things?
no such offer
then any idea basic + Reno +2 car park?
I mean the price ...
TED, I think no package available for 2 car parks.
RHB just mentioned that their quota fulled again last 2 days and have to wait...you can try AM bank as they just open again ..but have to be fast fast fast.....
I think only AM bank can approve your loan at this moment if you house is below RM100k......
what loan is that? why always full one? must be a loan with super low interest and super long repayment period? or no repayment at all?
Correct!RHB quota full d.Can try UOB...Fast efficient.....RHB the worst
How much is the car park at this moment?Any idea have they start selling car park seperately??
peoples are smart they know you urgent and they will pricing for 40k because they know you didn't reno and save the 20k+ if not 40k the price will higher than 30k++
No choice...Ivory also smart to include reno + car park together...eventhough the reno is no worth for 20k..... :(
If you buy the car park costed 30k++ and your house still without reno then you better use it 20k to reno your house and 20k for car park at first! Imagine last 2 years 20k no worth for reno after 1-2years the cost of polyvinylchlorid, floor board inflation of prices then you decide to reno at the time need spend much too. Guess save no more
Hmmmm...but bank loan approve already...can change the package to reno!?Just wondering........
The building has 564 units and the car park very limited not that all will have 1 only basic 1st draw 1st get while still extra. You can ask Ivory see whether can change package now or not the S&P already make if remake the lawyer will charge again I guess. Bank depend of them if you take package 3 mean Reno + Carpark become RM117,500,00 over 100k
Is anyone know if the units open for public to purchase?u know what I mean..
now if i apply the taman bkt erskine project, will u think they have any more available units?
Due to rhb,hong leong,uob quota full, anyone can tell me which bank still available?
u can try AM bank.....
Then must ask the developer advice...what will need to do?
Developer will ask for pay some payment sooner. I've received new post letter from Lawyer notice for that
thiam said...
Is anyone know if the units open for public to purchase?u know what I mean..
No!Only gov
gk said...
Due to rhb,hong leong,uob quota full, anyone can tell me which bank still available?
No other bank...When i sign offer letter at UOB.They told me quota full....Waiting to extend 5 million.
Philip said...
u can try AM bank.....
Then must ask the developer advice...what will need to do?
Ambank only for 72500 not full loan.Developer will advise you cancel the purchase.Like mine earlier.I'm quite lucky becos of UOB call me when i feel no hope for the loan in RHB.
When i apply RHB 3weeks not process my document not even submit my loan.After 2 weeks change to Jelutong Branches.Ask a lot of document....But in de end quota full.
Feel hopeless with the developer n banker...After that UOB give me a call...Said that they can submit my document...Within 2 weeks...loan approve..offer letter sign..lawyer preparation done..loan agreement submitted....The differences is local bank and oversea bank services.
Ambank banker told me that they havent open for taman bukit erskine project. so susah to apply loan
gk: No need to wait for ambank.From the day i start apply loan...till now they not yet as panel.Ivory just told me can apply ambank.They told me bank release 72500 only.I call ambank banker they told me they not as panel.Who we should believe.Try to call UOB....fast n efficient.
I did asked before AmBank, CIMB, MayBank, RHB since Mid of 2010. They said the project have no listed to the bank so you should ask developer for their open bank. hmm... Troublesome then I decided pay with cash otherwise I'm still want to use bank loan better
Ladies and gentlemen any idea of this LMC legal fee cost in both side ??
Lawyer charged me 2k++ for the loan agreement and stamping fee for the upgraded package. Silly question - any idea how to calculate it? I took 90% loan. 1st time house buyer should entitled for 50% exemption right? Please advice.
Ryan, me same as yours the lawyer charged 2k+ so you already got your S&P?
Jason, not yet. Next week will pay it.
Guys did you all see today news they said jalan bukit erskine project will be stop temporarily due to hillslope project.
No worry: http://thestar.com.my/news/story.asp?file=/2012/7/2/nation/11587739&sec=nation
Hi!! I am new here and I am also your future neighbour at Taman Bukit Erskine. Do you all think that I can negotiate with the laywer firm(ONG & MANECKSHA for discount because my legal fee for the loan is RM2770, since someone mention they only charge them RM2300? Mind to share? I going over to sign the S&P and loan together this coming monday, pls advise. thank alot in advance!:D
Thanks to the STAR paper for big publicity,somemore on front page.I stopped buying their papers already.
Hi Madison, what do you mean?
Its simple and logic.What I meant is we're hearing alot of negative comments on projects in this area.I'm worried the developer may delay construction on TBE or Latitude though its been approved.Just hope it won't affect the sales demand and appreciation price in future.
i just signing loan agreement last this week,ONG & MANECKSHA just discount me RM50 only..
no choice,bcoz he is the panel lawyer.
hopefully you can get the best price.
My fren just receive a letter from ivory and call up ivory, he say (car park and renovation package)
no more already, So only can buy by Rm72.500(without car park).
anyone know the story?
Izit have ppl buy all car park and later planing rent to residential?
Lucky already buy car park early of course that's included reno too
Mr Goh, true they also less RM50 for me only. Anyone know anything regarding the RM 500 need to pay to developer before receiving the house key? What is the RM500 for? I never heard bout it when i sign the S&P...:D Any idea
Now pricing up / down
No car park not fair for new buyer
Pricing is down
Near where
What is the latest unit price!?
I mean without car park....
maybe 100k + car park(package)
Hi TED, what do you mean price is down? Selling price given by developer?
"100k + car park(package)" - package with car park still available?
As i know...Early they mention that 500++ units available carpark is 300++ only...1st come 1st serve.Lucky i brought it d.
Take note :
Keep on call your lawyer for document.
100k + car park is damn cheap.....
Anybody start paying interest to bank? How's TBE now?
Not yet paying interest....
How is the progress so far?
already received Ivory letter yesterday asked to pay 10% TBE interest, 40% car park interest & 10% renovaton interest by this October
Who open this site?
http://tamanbukiterskine.com
i also got 1 unit there, hope all owner don rent to outside foreigner..... price can drop if rent to them...thanks
Hmmm...I not yet start to pay anything de?!?!
My relative is one of the previous buyer for fettes villa (liquidated in 1996) Anyone can advise whether is there any chance to go straight to ivory to purchase one unit or need to go get through govt department. Tq
philip, I paid 2nd times now totally around 40k by cheques
carene, I think only can get through government. I'm also one of previously buyer of fettes villa as what I did mentioned on early posts.
the construction on progressing currently 21st floors what I seen last sunday and told by 1 of worker there.
Wow, Jason Ching, how you manage to get into the construction site? I tried few times but blocked. Need to pass by The Peak Residences before can see it right? Got take some photos?
No la. the worker at the gate I was there and asked him how's the building now until which floor now and also we can see the building from outside now. Okok this time cheng beng festival again I will try to snap some photos when I'm there.
Hmmm...my bankl still not yet collect any single cent from me wor......
recently I did went to the construction site took alot of photos inside and outside building too.
I confirmed my house can seaview as I walk into there and took some photos awesome =)
Hi Jason,so kind of you for posting the photos here for all to see though I bought the Peak.I considered those who purchased TBE or Latitude as future neighbours as we'll be staying in the same area.
Hello Jason, thanks for your photos. I can only see them from far as i live in Taman Kristal =)
Jason....when will you view the house again? Can bring me there? I also wanna c my unit... \m/ \m/ \m/
Any chance for me to purchase a (01) parking lot?
Hi Philip., The building has done on top of roof now..believe on half painting building outlook now. I've been long time yet to visit the construction area.
New photos posted in TBE Facebook. Looks like The Peak completed and TBE 80%
Oh great~ TQ above posted the latest pics! I saw my TBE house outside wall has painted. My brother brought a house in The Peak also ask them to take house key sooner! The road seems has made done too.
Tomorrow I will upload alot nice photos of TBE that view from The Peak tonite where I'm visit my brother's residence in The Peak. Awesome and gorgeous place!
New photos added at the same moment I'm also uploaded more photos together in The Peak Residence. http://www.apartment-penang.com/2008/02/peak.html?commentPage=4&m=1
any idea when the OC will be obtained?
Just call Ivory this morning, the person say should be oc at Jun or July 2014.
GOOD!!!
hi... if i want to buy this house. where else can i get to buy? i've asked from ivory,they said have to find it outside,from someone else. anyone can help pls? thx .
Any idea for the renovation? They got own panel contractor? Else I want to source for it already...
alison, I don't think you can purchase it because this is a LMC project, can't sell for 10 years from SNP. unless got some special deal with the owner. :)
crazydude said...
alison, I don't think you can purchase it because this is a LMC project, can't sell for 10 years from SNP. unless got some special deal with the owner. :)
Not only 5 years start from signing s&p?
Hi Anonymous,
Last time used to be 5 years, now new rules apply..
1. Public Housing - Low Cost and Low Medium Cost Housing
All low cost homes (up to RM42,000) and low-medium cost homes (up to RM72,500) purchased can not be sold for 10 years. Those who wish to sell during the first 10 years must appeal to the state government and can only be sold to "listed buyers". Listed buyers are those who have registered with the Housing Department of the state government and are certified as low income groups that are qualified to purchase low-cost or low-medium cost housing. This 10 year rule will cover all past and future purchases. The balloting of houses will be subject to oversight by an auditing firm.
Hope this helps.
but during sign s&p is 5 year contract, will it follow back our s&p contract although state gov change the rule...?
Hi Anonymous,
Will follow the state gov rules, as you had probably applied through state gov for the PN1 form, unless perhaps vote and change state gov? may be different rules. :) Applicable for past and present purchases for LMC.
Better to check with the Ivory developer for confirmation when they hand over the keys. That would be more accurate. Hopefully get to move in soon.
May i know when will get the key
Just called Ivory said probably this month June OC will obtained.
Hi Jason Ching
Ivory always delay their OC. The Peak also like that now Taman Bukit Erskine also same. Now is end of july d
The expected rental per month shall be rm800/mth (std unit) &rm1000/mth with furnished..for tbe project..after ccc obtained..for those who wish to rent out later..
ANY idea "WHEN OC OBTAIN" august 1st already ~~~~~
Replied from Ivory
You can expect to get keys to your unit by September.
can guarantee get the keys by september boh?
last time was jun then july now august..now sept. =)
Here is the replied from Ivory
The actual date for the key release is yet to be confirmed.
We are way ahead from the schedule date of the key release which in March 2015.
We are in the midst of settling some paperwork for the handing over.
Once the key is ready, you will definitely a call from us.
Thank you for your understanding.
Already got the CCC and await for the bank release final payment from the bank
how much is the vp billing? anyone mind to share
From the letter, around RM900 plus some previous interest on late payment.
Yea i got it, but it includes interest from bank which is due to late payment interests.....then how come we have to pay for this? i called the bank and they claim that the lawyer give them the notification to release the money late. And ask to get the money from the lawyer. I know it is less than rm100 for my case but still it's something i can't control, why in the end the owner have to pay.
Paying interest to developer might actually benefit to you.
Example 1,
Due date on 20 Sep, Bank paid on 30 Sep and you pay developer 10 days interest. At 30 Sep, the interest pay are 10 days for 10% per annum.
Example 2,
Due date on 20 Sep, Bank paid on 10 Sep and you start paying bank interest from 10 Sep. At 30 Sep, the interest pay are 20 days for (your loan%) per annum.
Just received CCC letter last Monday. Well settled all the amount stated before due date. Andthen wait for their call ask to go take key.
dunno what benefit there is paying interest to developer, dunno bout the rest but im gonna claim fr lawyer. :)
I have to pay rm1700++ for penalty.. Sigh.. :(
Anonymous .....rm1700++???? sure boh.......u didnt take loan from bank is it?
Hi! Anyone started to source for renovation (Kitchen cabinet etc.)? Can share it here? I wish to look for my unit as well...
Anyone already get the keys?
Just scare the so called 'Gangster' will come interfere!!!
As of 14 Sep, 15 houses has taken keys. Source from the security.
JotG in regards to the gangster problem, we shud stick to this quote.
“If the buffalos unite then the lions don’t eat them,”
Ivory got reno/upgrade package, RM3333 and above. Saw the banner ads outside the building.
crazydude : agree with your quote................
anonymous : did it stated reno which part?
JotG: No, will check with them once get the keys..
House key already collected today.
Just collected house key. Anybody took the kitchen reno package? rm3333 nett? how about other renovation packages.
3333 reno kitchen and include cabinet ?
Collected key already. RM 3,333 kitchen reno DOES NOT include cabinet on top. only table top with cabinet.
Also, how many of u kena OVERDUE INTEREST from Ivory when u received the VP letter? I called my bank and was told lawyer problem. I called my lawyer (Ong and Manecksha) and was told that its not their problem also. So whose problem? Buyer ah?!? #@%&#& !!!
Anyone can advise what you guys did with this? I know the amount is not a lot but still, buyers are not at fault here and shouldn't be paying for someone else's mistake.