Tree Residency @ One Residence
“Less is more” is the design philosophy of notable architect Ludwig Mies van de Rohe. With the Tree Residency, the values of minimalism are fully exuded, conveying a sense of harmony that comes from simplicity.
The minimalism in Tree Residency, however, is not one of emptiness, but one that is out of the box, with bold use of lines, geometry and ratio instead of fluff to achieve a clean and elegant look. More importantly, the materials used to construct Tree Residency are environmentally friendly, as such bringing its inhabitants close to nature.
The overall design of Tree Residency is skewed towards garden living, with eight different designs to suit the different requirements of buyers. The club facility of Tree Residency is complete with badminton court, half-sized Olympic pool and other recreational facilities that will bring out the athlete in you.
Location : One Residence, Sungai Ara, Penang
Property Type : Corner Duplex, Link Duplex, Twin Villa
Land Tenure : Freehold
Total Units: 316
Developer : Ideal Property
Contributed by reader (Update 27/2/13)
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Contributed by reader (Update 24/6/13)
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Contributed by reader (Update 25/8/13)
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Contributed by reader (Update 18/9/13)
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@Babycc and All,
Yeah, i guess so, it may be a speculation or rumous is created for a reason, don’t simply believe what it is stated in this forum, kindly and do your filter or analysis before taking it as conclusion. Personally, i don’t think 990k is the updated information.
@Swan
Glass roof might not means is air well. Air well means hole in the roof to allow hot air to go out from the house to reduce green house effect. However, hole also means possible of leaking water during heavy rain if it is not done well.
@Sunny
Noted with thanks for your explanation.
To All ;
Confirm LLTan is a property agent , a rude one .
After I told her I prefer deal with direct owner, she just turn her attitude .
She just changed and be sarcastic, a very unprofessional agent
Please get agents and speculators stay away here. No point try to jackup the price as we are going to stay anyway.
U make the speculators and agent greedy and end up lots of vacant houses for too long and full of paper advertisement over the gate….ugly sight. I won’t move in if too many vacant….feel scary.
Of course nice to have a feeling of increase price….BUT it should not be now, it should be >5 years where this areas 90% occupied. Don’t turn it into commodity (where there is fluctuation due to high supplies once OC obtain). we need get more real owner to join this forum to support.
Let the real own stay to buy and occupy.
@CS Buyer
I am not sure it is true or not? I heard of a few transacted purchase were successful, 22X70 type also were sold in 1.03m and 1.05m, recently, it was transacted with real demand from market. as it is the nature of market in supply and demand model, if there is a real transaction, that mean a good respond from market for TR, we shall keep the place well and to sustain a good value of TR from either own stay or investment standpoint.
Don’t think TR will be free from speculation activities. It is good if there are more sub sales transaction now because each and every transaction means 1 speculator less and 1 real owner more.
Typically, it will take at least 3 years to reach 90% occupancy.
So in the end it will be glass roof rather than air well ? Personally prefer air well, as more air ventilation.
To all owners:
To keep all agents away and owners more united, thus join https://www.facebook.com/groups/treeresidency/
I see Fiera Vista group so happening there, come come make TR thread “Ong”
Sounds like a good # ….beyond my expectation. Should buy 2 then. Can make RM300k!
Nightmare thinking of those SP setia case where after 3 years phase 1 sold for only RM100k++ profit and the areas hv lots of poster pasted. But now 5years ok la.
Frankly I no scare those rich investors who can hold for years but those young speculator took max loan, ~$3.5k/mth means a lot. Let the (mainly young) speculators sell, hope they have the stamina to hold upon the DIBS ending soon. But if there is an orderly coordinated released then the price surely can go up further.
Anyway we are here for long term. Short term gain would just give us SHIOK-SHIOK feeling only. Long term community should be our aim.
Talking about the “sales” poster, as TR is a G&G community, I am not sure whether the management have the authority to remove or not allow those poster. Then potential buyers will not just enter TR to look for it, like what I did last time entering Sathu. The security guard will not stop you because too many contractors in and out daily after OC. Imagine TR units is double of Sathu.
And about the price appreciation, sometime it is important although we are going to stay for long term. If the market price is right, I will be more relief when I know I can sell with profit or refinance to obtain cash anytime if I lost or decrease in my income. This is a financial security for me.
@CS Buyer
Yeah, agree with your point in long term holding is the best approach for investment, on my opinion, landed property is the best choice for it, as land is getting limited, if the population is increase, the value of land will be very expensive, nowadays, the developer interest on focusing on high rise in order to maximize the profit with same size of land. the trend of new development will be in high rise.
u r right there are doubling the Sathu. (But i noticed their occupancy rate quite good for 1year + project.)
that’s wat i worry, as there are more speculators….my advice to those young 1 please make money responsibly…
GENTLE REMINDER: besides loan payment don’t forget also standby maintenance fees (need upkeep and pay security too) and not just buying gadgets
Anyway, i would like to stay in but not that fast until there are more occupants there.
@CS Buyer
I partially sgree with you, the second part which is not convinced is, as buying property can be combination of purpose either for investment or own stay, generally, everyone has their own objective but profit is the common goal as landlord.
Price appreciation is the key factor of motivating one to determine a right decision was made and proud of it and toward the direction of finance freedom. of course, none of people would see their property price in stagnant even buy it for own stay. the feeling should be in combination for both (investment and own stay purpose )from long term investment standpoint.
In the market, price speculation exists and inevitable, moderate speculation activity is a healthy sign for our society which to remain the market to be active in term of business transaction, it is the open market, none of us would eliminate the speculative but proper manipulating is only an approach to control the high speculation by investor, it is the matter of fact, sometimes, minor speculative in market is a good sign for economic, as transaction goes on and more active money flow, the economic remains healthy and more business opportunity to be created for job demand. definitely, crime case would also be minimized. in contrast, inflaction are the challenge and disadvantage in booming economic. anyhow, the balance and consistent growth are significant driver to be healthy and sustainability.
i pass by the area..all almost done….i think billing shall come soon
@RevoWithin
pls add me..my name limpehlah in fb
@Swan
Yes, Basically i agree with your view…..(wow….u sound like economist!). minor speculation is welcome for sure.
But the concern is how many % speculators in here?
In KL, some new projects i heard have as high as 80-90% investors! Shocking. those buyers likely to suffer.
Anyway I don’t want to quote Ideal office info here…of course not that high too.
The point here is that in micro level, the increase help the speculators which sole objective is to increase profits…..for us we wan more real stay-in owner. Anyway, i don’t believe many are big investors and hence holding power are less. I just wan to flush out the speculators sooner than later. The bad experience seen in Setia SPI phase1 should be avoided.
@CS Buyer
i am absolutely understood your concern, it is true that extremely speculative would led to the impact with upward price of property instead of genuine buyer for own stay. Unfortunately, it is nothing we can do much as it is an open market, as the matter of fact, it is the nature of development in every country facing with this phenomenon, there are always two faces with pro and con, nothing is perfect, country GDP growth is a key factor for development by encouraging more foreign investment activity, indirectly, it help to boost the economic by having more job opportunity in the market, in contrast, the inflaction would always the culprit in this situation as well as skyprice in housing as economic growth need to be maintained. it is the common challenge face by many countries nowsadays to keep up the nation development, none of us would be able to stop this unless we refuse to stop developing or backward, if the situation get worse due to extreme speculative, the only thing can be done is, Goverment may deploy the cooling measure to control the speculative activity. recently, the lastest news announced that to cab 35 years in tenure of housing loan.
I am not an economist but just a small people in a town ^_^, i just sharing my thought.
@Swan
Hi Swan,
thanks for understanding…. u r partially right, (actually i love to have my house price increase too) specifically i m concern the overly greedy speculators dreaming of selling too high then suddenly they start to throw the prices. The SPI phase 1 was very empty and eerie initially….then the desperate speculators start to throw.
I don’t want to delve much into macroeconomic lecture as some engineers friends here may find it rather boring
Latest today report, Ernst & Young has lowered its gross domestic product (GDP) growth projection for Malaysia this year to 4.7% from its initial 5% expansion in April. just revised downwards our Malaysia GDP .
Speculators, you have been warned!
@Ahaun
Hi, is that your proper actual fb profile ?
because i saw it is newly created fb profile, thats why i disapprove it. I only allow owner to use their real profile – just like Fiera Vista group
CS Buyer, Kotun, Bryan, Swan – are you guys owners too ?
Hello RevoWithin. Yes I’m an owner.
@CS Buyer
Noted with your concern, it is true, it does not reflect to a genuine demand in the market, instead, it creates another problem to the market by going through this improper speculative approach at such. mostly this type of speculator is lack of holding power, they are mainly a short term investor by flipping their investment using the minmial capital. for instance DIBS, down payment and etc.
@kotun
Yes, i am an owner too.
owner la..read my history in this forum. i am the buyer for bumi released lot.
@RevoWithin
May I ask are you the owner as well? I am an owner but I never apply to join the group. If someone else applied as Bryan, that is not me.
I bought my dinning light and a few wall lights last weekend. All using LED. And I found a better quality 4″ 12W LED down light, either square or round, selling at RM7X each but can be RM6X each if we have a higher volume.
It is better in quality because the heat dissipation design is better (plastic but with some holes) plus aluminium casing driver (all LED light need a driver). Some LED down lights is using a plastic casing for the driver. For LED down light, the damage is normally on the driver. That’s why I think it is better.
Let me know if you interest to join the purchase. I my self will order ~40 units.
I also found other type with metal heat dissipation design, but thicker which will take more space. And it is selling RM8X for white frame and RM9X for stainless steel frame. Forget to check the driver casing for this type. I do not plan to buy this type but I can recommend to anyone who interested.
Also do survey for the fans, is Elmark better or KDK/ Panasonic? Now got offer for Elmark 52″ 5 blades at RM18X, metal black with remote control.
Just buying a few lights took me 3~4 hours. Probably you all need to start the hunting as well. Hehe!
If i’m not owner and starts the FB group, then i am very thick face. Yes i am one of the owner of TR. Nobody use your name to join the group, that’s why i feel it’s better that all owners to join and discuss in closed group for the benefits to all owners (Purchasing of eletrical appliance, alert of security issue etc) , but of course i can’t force you guys too.
@Bryan
I don’t know about other fans but in general here is my experience with Panasonic over the last 6 years … Is it just me being unlucky?
a) 1 fan at bedroom died after about 3 years, 2 fans at living/dining died after about 6 years (reasonable?). Average usage is about 4 hr/day or less.
b) Air con (non-inverter) capacitor died after about 3 year
c) Fridge (non-inverter) circuit board/timer died after about 2 year
d) Microwave keypad died after about 1 year.
*touchwood* replacement parts seem ok so far for (b), (c), (d).
As a comparison, my Toshiba top load washing machine does not give me any issue so far after 6+ years, washing almost 4 times per week.
Having said that, watch out Elmark fans … I was told by 2 different shops (one sells lamp, another electrical items) the after sales service is poor. Indeed, I was told Alpha service has improved a lot and much better. And within Alpha, also has a few grade (Alpha fan is “premium” with the best quality, Alpha is medium, whatever like Apex etc. is lowest – in general fan < 200 is of the lowest grade).
@owner
Thanks for you comments and I will put it down as part of my consideration when doing the shopping.
So far my Panaxxxxx aircon still haven’t give me any problem after ~3 yrs, but my usage is low. Still sourcing for any alternative aircon brand. Someone mentioned Shxxp is good but i still doubt it at the moment. How about Yxxk? Anyone experience it? I tried Lx, NG, and Tosxxxx, so so only.
My Panaxxxxx 5 blades fan also died after 2 yrs, because of the remote sensor. But those basic Panaxxxxx 3 blades fan still working fine. Maybe should consider Alpxx this time.
For washing machine, Samxxxx is giving me trouble. Repair a few time also cannot tahan long. Always sensor issue. Fridge no issue but the motor sound a bit noisy.
For hob and hood, I tried Elxx before and will not use it anymore.
@RevoWithin
Exactly the same feeling when I was asked if I am owner. Cheers!
@Ahaun
How much you bought for the bumi lot release?
@RevoWithin
Hi I guess that some might have a concern of joining the TR’s FB due to privacy, people may not want to interfere between privacy and other matter (in this case is TR), it is more toward the expectation between this boundary, perhaps, you may consider the other tool in replace of FB for favourable aspect, for instance, email communication, whatapps (mobile application), Viber, hotmail messenger and etc. an alternate way is to explore more on FB’s security feature whether filtering can be done or not. to be simply, using email communication is the easy one. please feedback if you have other solution, thanks
@Swan
@RevoWithin intention is to invite only the real owner to join the group. It is a good tool to verify the owner, but at the same time, also publish your privacy to the world. I once joined a similar FB group for other projects and all my FB friends know that I own that condo.
A better suggestion is by @Jezz where he/ she collect the email from owners for communication. Then can organize a gathering and face to face discussion. So, those owners attended the gathering will be confirmed a real owner. If not sufficient, can ask to show the SPA and IC. Then, those verified owners will be allowed to create a dummy FB account just for TR FB group. And for sure, this need some effort.
As the VP date is nearer and nearer, I think it is about the time for 1st gathering. Any opinion?
@Bryan
Great suggestion, it is good way to validate this to ensure a real owner to participate on TR FB group. first time gathering would be helpful to get understand to each other. let’s discuss further and organize for a meeting session. besides, i did share my email address to you already. thanks
How much is the intro price for this property for the smallest unit?
@Swan
I only have 2~3 emails. It is better to consolidate the emails list with Jezz. Those who have Jezz’s email, maybe can let him/ her know that we need to have the 1st gathering soon.
@Bryan
For aircon, I was told Mitsubishi Electric is good – I am “betting” on the shop’s words and some reviews. Mitsubishi Heavy Industry and Hitachi should be comparable. My in-law uses Yxxx, seems OK in general, can get really cold, except for the inverter model in bedroom – it has this weird ticking sound coming from the indoor unit plus couldn’t quite maintain the same ambient temperature in the afternoon; need to manually reduce to few degree lower. Sharp is recommended (based on what I have heard of so far) because of the plasmacluster feature, rather than aircon itself.
I have shared my details to 2 ppl in this forum JackTR and RevoWithin. I am in support for the 1st gathering meet and let me know when and where. I prefer to meet in person
I am interested to join the first gathering. Its good to get all the real resident to come together and discuss on TR matter.
How do i join the FB group??
my email is keatyew@sibsb.com.my
Oh hi everyone, just realized that I’m the one who suppose to compile emails and arrange for our first meet up. Well, shall I suggest after Raya? I think it’s better for everyone just in case we have Muslim’s neighbour(s). And all residents pls bring along a copy if your S&P if that’s not too much of a trouble.
RevoWithin… Need you to assist me on this with Swan maybe. Those who wanted to join pls email us and we’ll let you know the date, venue and time via email.
Thanks
Hi Jezz, Swan, Revowithin, Bryan and all TR onwers, I have the mailing list created a while ago, pls send to treeresidency@gmail.com so that I could hook up everyone together. So far I have 6 owners in the list. I agree most people want to meet up first before add on to the FB group.
TR owners group mailing list – treeresidency@gmail.com
Hi Jack,
Thank you for helping out. That definitely help a lot! I’m sending you an email now yaz Cheers!
@Jack TR
@Jezz
I think I mixed up between Jezz and Jack…. :p
@Jack TR
Let me know for any gathering.
@KY
Hi KY, I’ve sent you the link to fb group.
@Jack TR
Already sent you email.
To all,
yes i do respect about privacy, especially fb, which i try not to expose or simply add in people. There are a few profiles which containing explicit photos or suspicious profile, which i still kiv to add them. and i set the fb group as “Secret group” – in which outsider wont be able to view the content or member inside.
Anyone know when the OC will be ready?
Hi Bryan, will do.
Hi Revowithin, got it. let start from there
Hi TR onwers, pls join in the mailing list for owners group – treeresidency@gmail.com
I’ll be back to Pg on 30th-2nd July, let me know if they’ll be any gathering then ya 😉
How to search Facebook group ?
you can type in https://www.facebook.com/groups/treeresidency/
or send me your email to the.revo.76@gmail.com and i will add you there.
@ST
Saw many good things during last weekend Penfurnex at PISA, but cannot do anything because the VP date not confirmed. Anybody recall what is the latest date Ideal must handover the house to owner?
Me too. Feel like crying
@Bryan
@Bryan
Rite. Btw, anyone knows d led without drivers showcase in penfurex highly recommended??
@Bryan I was told September on VP. My concern is that if OC came 2 months after that then i will not be able to move in by end of the year
Today went to sales office, sales person told me VP August, OC September. Is it possible? I don’t think so..
I heard that there will be an upcoming launch of a condominium anytime soon by end of the year near fiera vista @ One Residence area.
Anyone know any details?
@jkue
Please share with us ya if you heard more info. I am interested.
Hunza is going to build a new mall similar to Gurney Paragon in Bayan Baru. Check out the news.
http://www.starproperty.my/index.php/articles/property-news/gurney-paragon-ready-to-make-a-big-splash/
@Ahaun
@gohcs
OC always come ~1 mth after VP. VP in Aug and Sep means a lot of different for those plan to move in by year end. Many contractors stared to load with jobs now and they could not able to take any more job by the time TR got VP/OC.
Btw, VP is just hand over the house to owner. Don’t be surprise if many minor things still not yet done and they continue clearing things after VP. But DIBS stopped and maintenance fee collection started.
What is the ceiling height?
this forum has been very quiet lately..
@Ahaun
True, it has been a quite for a while, can anyone give some momentum by updating a new photo in admin to revive the energy ^_^, i guess that the TR area should be almost completed. it is getting excited to see the residence TR in completed model as an exclusive idea with model.
Recently busy surveying all the materials for renovation. If really OC by Sep, still can renovate with full speed and move in by Dec.
By the way, there are still Perfect living and HomeDec fairs in Sep and Oct. But for customer make furniture, better get your design ready and engage a contractor as soon as VP obtained.
Sorry typo, it’s EQUATORIAL HOTEL
@Swan
Typo error and correction is made
True, it has been a while, the forum seems to be slow down, can anyone provide some momentum by reviving the energy with new photo updated to admin ^_^, i guess that the TR should be almost completed. it is getting excited to see the whole area to be ready and nice looking for visiting with key collection upon VP.
there are 2 version now, VP Aug OC Sept or VP Sept OC Oct?
Vision Park all total 4 phases. currently going to launch 1st phase, which is condo only. But phase 2, 3 & 4 will be condo above commercial (see from the artist impression), which means there will be huge commercial space in future. Hopefully it won’t be end up something like D’Piazza Mall.
http://www.idealhomes.cc/upcoming_projects.html
I tried 2 times to go around Sg Ara at Fri/ Sat night. basically, not much traffic issue except the road in front of the army camp. The Q is long and I have to u-turn to use other road to get out. I tried to wait once and it took me 10~15 mins to pass through the traffic lights. As Sg. Ara and Teluk Kumbar is growing, in another 10 years time, the traffic here will reach a bottleneck again. Hopefully the local authority will work out something to widen the whole Jln Tun Dr Awang, or any new bypass road to access to Tun Lim Express directly. My wild thought is, gov should build a tunnel under the airport, to connect the both side of the airport. Haha!
Bryan, I have the same thought about the tunnel, but I don’t think it is going to happen.
anyone want to let go your unit.pls let me know
email:hoelily619@gmail.com
any owner want to let go your unit.pls let me know
ghookel@hotmail.com
True. That will not going to happen in near future. However, there are projects from federal gov to link Jln Sultan Azlan Shah to Bt Maung (6km), as part of the 2nd bridge project. It is suppose to be completed by mid of 2014, if not delay. But 6km still a long way, almost similar to use back the old Jln Permatang Damar Laut to Bt Maung.
http://www.themalaysianinsider.com/malaysia/article/come-clean-on-second-bridge-toll-penang-tells-putrajaya
Any new progress photo to share? Thanks.
@Ahaun
recent check with office, developer targeting VP in Aug, OC in Sep. meaning anytime within next few weeks can get the key d.
@Bryan
Permatang Damar Laut to/from Bt Maung is not that bad actually, typically < 10 mins drive (I virtually commute daily through route). Part of the road was slightly extended, and with new tar last week. The problem is the traffic light at Teluk Kumbar junction causing traffic to pile up ….
@owner
Ya… I also notice the new tar road 2 days ago. But the road still narrow and not convenient. I read from somewhere that the 6km new road I mentioned suppose to be started from the airport terminal, go along the perimeter of the airport and connected to the airport cargo complex. Anyway, still prefer a tunnel. If use the land of existing Chung San school (to be transfer to 1R anyway), and connect to the cargo complex, it is just 844m in straight line.
@Bryan
@owner
It is glad to have an alternate path in place for having additional route to lessen the traffic, it seems to be there are more than 2 routes reaching to batu maung, if i am not wrong, those paths either using Permatang Damar Laut or the new 6km road, it should be better than the path coming from Jalan Tun Dr. Lim Chong Eu highway via roundabout near krystal point, it used to be very congested area with massive long queue in number of traffic lights. we noticed that the Infrastructure in south west for Penang is getting better and better.
@cm
Suddenly got a feeling of wishing for late VP/ OC. Maybe because of the bank statement received yesterday that the interest for July is 2K+. Soon I will need to pay for it…..
@Swan
Right. At the same time, the road from Teluk Kumbar to Bayan Lepas town (2.7km) will also be expended. This is also part of the 2nd bridge project.
Actually, I suspect that the 6km new road is actually Jln Permatang Damar Laut. I measure using googlemap, it is ~6km……. They just widen it and consider it as new road. Just wondering that all the 3 roads widening cost 780M? Hopefully is it really a new rod.
Can I reject VP without OC being issued by the authority? no OC means not fit to stay right?
@George
Even you reject, VP still valid, DIBS stopped and maintenance fee started.
@George
what is the intention of rejecting the VP, please share, thanks
What is the difference btw VP and OC?
I would just have minimum renovation and move in ASAP to minimize the unnecessary fee while I am not able to enjoy the new house. No OC means not able to move in, and may not even ready for renovation works because water supply & electricity & roads may not be ready too. I have to chalk out additional ~3K per month for loan interest & maintenance while I cannot start anything while waiting for OC. we cannot start renovation work before OC because the houses need to be in original condition per architect drawing for the authority inspection & OC approval. Any no guarantee how long it takes to obtained the OC, just in case something wrong and the authority request for rectification like the Central Park case. If we already accept VP then we buta-buta pay the loan interest + maintenance fee for nothing. Legally I think we can reject VP without OC if we write formal letter and also a copy to the bank for not agree to release the payment. Bryan, that way we can save some $$$ which we should not pay anyway.
@George
Understand your concern. We do not need to retain 100% of the original house condition. Only the house structure and the outlook. Unless you are hacking the wall and do expansion. From your “minimum renovation”, I don’t see any issue. In fact, no expansion allowed for this project.
After VP, you need to apply the water and electricity supply, but the main item stopping you to start your renovation is the defect repair by developer. Unless you don’t mind and repair it by yourself.
Can’t avoid paying ~3K interest per month for the first few months. It will took at least 3-4 months for a minor renovation, furthermore most contractors will be loaded with jobs during year end.
I will also move in asap to minimize the interest and so that can sell my exiting condo earlier. That’s why I am surveying good contracts, renovation material and so on now, so that I can start mine once OC obtained. If you interest to share contractor contacts to get a better bargain, let me know.
@passby
VP is vacant possession where developer pass the house to the respective owner. OC, or actually CF is certificate of Fitness by local authority. You only can move in with CF obtained.
My experience, better claim the VP fast, check the defects and “queue up” for the defects fix. 300+ units is a lot… Without fixing the defects, you can’t do anything and this might drag you even longer.
@Bryan
I think now no more VP or OC or CF……there will be only CCC to be issued in one time. Someone can confirm?
@Bryan
no OC/CF how to apply for water & electricity?
@yoyo
I thought the standard procedure for VP is:
1. make appointment with developer for joint inspection for defects
2. if defect found, we can either:
(a) accept VP, and leave a set of key to developer for fixing the defect
(b.) reject VP, and return all the keys to developer for fixing the defect
Of course (b) is preferred because we need not to bear the loan interest & maintenance fee during the repair work, and developer will fix the defect faster for you to accept VP (and then they can get bank payment) faster.
@George
so, meaning there’s actually legally with optio (b.) available? can anyone confirm? I tot to have the joint inspection, the developer will want you to sign acceptance of keys first?
@cm
Legally developer cannot force buyer to sign the VP before joint inspection. Have to insist on the buyer’s right. The important point is the formally documentation if you have been refused for joint inspection without sign the VP. Write a formal letter and copy to the bank (and may be housing development department) within 2 weeks of the VP notification from developer as official proof that your objection to the unfair treatment. Bank will stop the payment and developer will have to proceed fast to claim the balance from bank. If you sign the VP first, then developer can take the sweet time to slowly do the repair.
@yoyo
Heard about the CCC but isn’t it still under proposal only?
@George
Make sense but not sure this is what happening. VP is 1 same date for all units but the joint inspection is carried out separately at different time for each owners. I doubt you can reject the VP so that no need to pay the interest and maintenance fee.
And the VP is the last bank payment direct to developer, upon VP. Before you go collect the key, payment already done.
My understanding is, the developer is handing over the house to owners during VP with warranty. Those defect repair is under the warranty in 18 months. I don’t think you can reject the VP because of the defects, unless those affecting the building structure, or the house you got is totally different with the one specify in SPA.
True. So those not so urgent to move in one, please let the owners with urgency, do the defect claim first. Thank you very much.
@Bryan
per my experience developer will definitely ask buyers to sign the VP document in order to collect the key, and developer need the document to ask bank to release the money. Just remember to document your formal request for joint inspection and OC/CF copy and refuse to accept VP (just in case developer ask you to sign VP document first) and copy to the bank.
If you want to let go of your legal right and pay extra loan interest/maintenance fee, then the choice is yours. . The so called VP date already delayed for 2 month (first heard it in June) and I foresee OC/CF may drag longer which we may only able to move in after CNY 2014 (delay of renovation as well). You can fast fast sign the VP first and see whether they will accelerate the repair for you (developer already get the payment from bank, why hurry? they got 18 months to repair for you.). I just want to protect my legal right and don’t want to waste money over non-productive thing like that.
@George
Learnt new thing today. Will ask developer for joint inspection and fix before signing the VP doc. Is this in the housing act?
@George
Thanks for your comment, i have a question, is there a cutoff date upon VP release for joint inspection with developer? i concern is if cutoff date has expired, the first time joint inspection is no longer eligible anymore, is there such of scenario or law? please advise, thanks
Ideal Ideal..why your vp date always change?
@Heng
Yes, if you found defect then you can reject to sign VP.
@Swan
You have to formally request for joint inspection within 2 weeks (with official letter). If not developer will assume you accept the VP by default.
@George
Not sure which is right, but I think accept or not accepting the VP, will not change the VP date. Unless there will be different VP date for each and every unit. My understanding is, all units have the same VP date, and the bank payment upon VP is done before you can go to collect the keys. If my above statement is correct, DIBS will be stopped regardless the owner accept of reject the VP. So as the maintenance and other fees.
Also, can we simply reject the VP with those minor defects? Got to fine out more regarding this topic. But if we can, developer will have a difficult time to issue VP and owners will be able to use whatever defect to save interest. Is this the case?
I am staying in a condo by the same developer. No issue to move in ~4 months after VP. The OC obtained less than 1 month after VP. Owners can start all the necessary preparation for renovation upon VP. And my defect repair done within 1 month. Renovation plan also approved in 2~3 days. The main issue during that time is the “appointed contractor” issue. But with Sathu and Dua do not have the “appointed contractor”, I assume Tree also the same. If this is true, I may able to move in faster. If VP obtained end of Aug/ early Sep, I still confident I can move in by end Dec.
@Bryan I think i share the same opinion with you. Else everyone can simply reject the VP and wait until OC. Else, this is call Build and Sell and not DIBS.
Bryan, have you drop by the office to confirm the VP dates? Hopefully no more push out.
@Ahaun
The last reply from them is, as long as the VP is within 3 years from SPA date, no issue. I lazy to ask further question already. But they need to bare almost 1M interest per month under DIBS. I think they are more worry than us. Before VP, they need to pass Bomba audit. Hopefully this is not the issue delaying the VP.
@George
Thanks for your information.
Anyone know if the road construction is fully ready now? It’s Aug already, are we getting the VP this month?
@George
@Bryan
thanks for the info sharing, guess need to find out more about the act for VP & OC etc to protect our own rights as buyer.
Anyway, for the record, before we purchase TR in Jan/Feb (the bumilot release), the sales told us target VP & OC is end of 2013, which is good for us as we don’t plan to move in this year (can save some bullet for other investment first under DIBS mah) , but then the updates on TR’s VP is bring forward to Oct, then Sep, then now Aug…. guess to be fair perhaps this time instead of delaying VP but Ideal are kinda rushing for VP ? not sure if this is good or bad 😛 Ofcoz all buyer here will wish for short gap between VP & OC.
I do hope to have the good workmanship as per what seen on the show units, we shall see, finger cross
@cm
When I bought the unit last Dec, the sales said it firmly that the new access road will be opened around CNY 2013, and VP May/June. Also got sales firmly said Heng Ee school will be at the site beside Dua Villas, now confirmed it is the site for Chung San. And sales also said the air well confirm there, end up just put a few semi transparency tiles at the roof. Well, I don’t call this air well…. Don’t want to comment much already on their words.
Notice that there are more and more bus kilang parking along the road side of the new access road (Persiaran Rajawali). I think the residents there must do something once JMB formed, before it become a habit. Otherwise, the 4 lanes road will soon become 2 lanes.
@Bryan
This place is not as good as before. Empty promises by developer and too many bas kilang. If not controlled this place will be a nightmare and people will avoid this place. Prices sure will drop by that time if not earlier. Sad to say that this place had so much going for it but now, it is run down and jam packed with foreigners!
@Phillip Gooi
You must be lost in this property talk. Need some help?
@Heng
Some how I seem to agree with Phillip. This place is very different now. Last time is better, much better. Now, too much traffic
@cm Not true, when we purchase the bumi released lot, Ideal told me VP is end of June.
@Phillip Gooi
Don’t take opportunity from my comment. The “bad” I commented not the keys factor that determine whether a place is good or the other way. I agree that no place is perfect but I think this place is much better than before.
@Tony Lim
In other words, a place without development is better?
@Bryan
Why do you suddenly change your mind. I have the same impression like you, Bryan that this place is no longer good, not suitable for peace and quiet anymore. I am sure you must agree with this. After all, this place is sure become worse compared to the time I first moved in.
@Phillip Gooi
no place is perfect in the world, there are also pro and con, it is just the matter how you perceive and expect, the topic is very subjective and individual to evaluate good or bad in location. even if you live in Tanjung tokong or tanjung bunga or gurney, you may still not able to run away from traffic congestion. the only peace in mind or stay is inside the jungle. as more and more suburban are developing and turn into township, living in the world is like that as humanity and stay in grouping, friction always exists, it depends how you can accept the fact as nature mankind to live on it. this is important to stay positive. of course, you still can comment to make improvement.
Overall, i foresee Sg Ara will be a good area and turn to township with combination of commersial and residence, second bridge is coming up also, the location is the nearest to airport. it will be happening location in the near future. it is getting better, the only time could prove it.
@Ahaun
hmm, perhaps they told me that since knowing I prefer if OC is in 2014. The sales lady i am dealing with so far seems quite ok, when i verify with her those info shared in this forum, if is not firm she will just say not 100% confirm is just planning (i.e. location for Heng Ee & SIS etc, we really got no idea where it will be when we sign, we just base on newspaper announcing new school around that area, and judge based on the surrounding nearby i.e. SPI, other landed projects & subsale etc), hence i consider so far Ideal is quite fair & honest surprisingly?
We missed the first few boats of OR launching due to the negative image of Ideal. And we ended up paying much higher price for their bumi release…. purely because we think this area is good & convenient and suite what we want – a gated&guarded 2storey with wider layout instead of narrow 3storey. (Sg. Nibong was my first choice, but price are higher for a DST > 20 yrs old, without security)
So, I hope TR will continue to have a smooth sail per the planning, till everything settle down.
@Phillip Gooi
out of topic a bit, for me, to make a better living place, there’s lots of factors, and the whole community will need to work together to maintain the quality. Is HK a better place to live 20 yrs ago or now better? Is PG one of the best place to stay by ranking now or 20 yrs ago/later? It is all very subjective, and the root of worrying about bus kilang or foreign workers or crime rate, and to manage that, it will be another topic . Just my opinion, anyone can disagree.
(which pls don’t get me wrong and start all political comments, let’s just discuss about property here.)
@Phillip Gooi
I don’t think you read my mind right. Those highlights just saying the sales is not unprofessional enough to manage customers’ questions. But my relationship with them is only for short term, no big deal.
And those minor bad points is just want to turn this place to a better one, never mean this place is no good. In fact, I don’t like the old Sg. Ara. And actually, I still don’t like the northern part of Sg Ara. Only SPI + 1R + Version Park area meet what I want = new development.
@Bryan
Whether TR would be good or bad is not due to some Tony-Philip guys suddenly jump into the forum and say so. It is the community that really stay in the place made it a better place by working out positive things and cooperate with each other.
Have a good raya holiday!
long time ago I already said the by-pass road for SPI and schools are the problems for this initially peaceful community..
Anyway, after read about the VP & OC blah blah blah thing, my legal adviser friend also advise to write-in to developer and banker ASAP within 2 weeks upon VP notification. So gonna keep an eye on mail box to save some $$$..
@Mad
I still prefer having this by-pass for me to use on a daily basis as I have a car.
Yesterday try to drive in but blocked by somebody at the guard post. Don’t know whether they are security guard (no uniform) or site people?
@gohcs
I also experienced this problem recently. This place is very bothersome unlike before. I am getting irritated and and sort of regret buying a unit here. Too many problems
@gohcs
@quah swee hang
Nothing wrong with it. Before VP, the property is under the main-con/ developer possession and not belong to you yet. Entering the premise without permission is equal to a break-in.
@Heng
Agree with you. As when we match toward the future, development bring more traffic and the positive approach is to solve the issue by more development to provide more conveniences. Not to say “no” to building new road and school to make this area not convenient so that traffic will not flow in. This is negative approach.
anyone talk to the people on site to leak the vp dates?
@Ahaun
Not so soon. It seems they have to correct some problems where some houses have sinking foundation and the inner parts of the place has cracked. I last talked to the contractor and he tells me that the problem is quite wide spread but the management does not want buyers to know and they are trying to correct the matter quickly. So be patient
@yvonne sim Did they mentioned when is vp?
@yvonne sim
What? Cracking and sinking issue again?
@yvonne sim
You talked to those foreign workers for insider info? Interesting..
hahaha, what a weird reason.. no offense but seems like your want to warm up your car daily on that by-pass road..
@Ahaun
Not so soon as I told you that this project has many defects. Some defects like sinking and cracked walls have to be corrected first. Some houses have started to sink by 2-4 inches already. The cracks are as wide as the whole panel. The buyers better go and check their units quickly
@yvonne sim
Is the crack visible from outside? Or the crack is inside the house?
The sinking issue is same as Dua Villa, where happen on car porch and backyard?
@yvonne sim
Is there so serious? how did you identify the sink? if it is the case, it is better to rectify the issue first rather than rushing for the VP, VP release date is beyond our control but the defect need to be inspected.
@yvonne sim
I plan to go there to inspect my unit. Could you please advice whether the defect is visible from outside? Worry to have the sinking problem like Dua Villa
anyone can confirm the cracking issue? Or worst thing the sinking issue? Got picture to share?
It is sad to see the traffic light in front of the guard house. I’d never expected this.
no more peace & serenity…
@D.MAN
Now it seems that one more problem has come up. This traffic light will cause a long queue at the guard house and the guard will have problems vetting the visitors. I forsee this a trouble in the long run. As for the cracks and sinking problems I advise buyers to go and check their units as soon as possible and raise the matter with the developer quickly
@HF
My best advice is for you to go and inspect on your own. Nothing is better than this. In some places the cracks are very wide and the sinking problem is between 2 to 4 inches. Solve this now or else this will be worse later.
Omg ! anyone can tell how serious? oversea now…
I dont own this property but the trafiic light,cracking and sinking issue are really bad news. Hope you guys can do something about the cracks and sinking stuff… Traffic light…sigh…
Do we want to gather together this coming raya for inspection? Then we can raise out the issue together to developer. Don’t want it to become serious like Dua Villa
When will be the first gathering for TR house owner?
@HF Support..but the crack issue must be real first as Yvonne only pop out today with bad news.
@Ahaun support.. if like Bryan said the VP is applied by default and no need our acknowledgement to accept, then “cham” lah..
Real worry for the sinking and crack issue of TR that reported here. When can we check our house?
@yvonne sim
How did you manage to go in to inspect your unit? Are you a buyer of TR?
I want to get rid of my unit asap. Really don’t want to have sleepless night with these sinking and wall crack and traffic light issue. PM me if interested.
@HF
Count me in for the Raya inspection. Must give pressure to Ideal to fix major defects before VP.
I think Jack TR/Bryan keep the email list of TR residence before.
Maybe they can help to decide the meeting date and blast out the info to TR owner. We can meet together then…
kotun,
I remember you sneak in and take some photo before. Do you notice the sinking/cracking issue? Thanks.
I did not notice. Don’t you notice, people that make negative comment, are too desperate to make it very negative? It is actually quite easy to simply drop by at other property forum, and create bad rumours/comments.
I’ll just hope/pray, that if it is a lie, this false rumour will happen to the person who created it and who support. Ameen. Ameen. Ameen.
@Ahaun
I sneaked in but din bring my camera. I talked to the contractor but he did not seem to be willing to tell more. Count me in for Raya inspection. Can we do this formally? Formal request to developer?
I stay nearby and peep from every holes..does not appear to have big issues. Else there will be big machinery and workers. Situations are quite calm with some touch up work.
Suddenly, today so many new comers giving new bad comments.
Yvonne sim, can you join the FB group by giving your email to the.revo.76@gmail.com.
Need to validate you are real.
Susan Wong, you too..if you are the owner you don’t comment like that.
Hi All,
First, be rational and stay calm, we need to find out is it really serious issue before making huha here, with a simply telling, everyone seems to be very nervous without confirmation, the funny thing is, the fact is yet to be confirmed, there was a comment for thinking of selling off your unit. i wonder is it the real intention?
I may agree with the seriousness if defect is real, but we need to be stay calm to understand the defect before making a lot of tense here.
Anyway, can everyone the ultimate question, can anyone identify the matter of fact, is the serious sink or crack really exist? please share the photo, thanks
If really got sinking and crack problem then Ideal really “cham” liao. When see Ideal project just skip it! Actually, they should experienced it with Dua Villa and suppose to build properly. Haiz, just wait and go check for yourselves b4 then we talk.
Sinking problem? Latest progress of TR? Photos?
Owners.. Join https://www.facebook.com/groups/treeresidency/ for truth
You will verified before joining
@D.MAN
Regret buying TR. This developer never learn from past mistake.. sigh..
We should inspect together during raya holiday. I suggest Yvonne Sim leads this effort since she has contact with contractor there.
Crack? Maybe true as they drag the VP for so long. Besides, suddenly the security become so tight. And, similar problem with Dua Villas. But if you all are from FIZ area, I am sure your work place teach you can’t confirm the problem just base on the above.
The problem now is, how to rectify the problem? By law, we can’t enter the premise. Anyway, my wife did not see any crack on our unit when she enter the site 2 weeks ago, after managed to convince the guys to allow her to drive in. Maybe the crack issue is not real, or not affecting my unit, or not yet.
The thing is, if the it is having serious crack now, developer can’t issue VP. They need to pass a few inspections before they can do that.
Maybe someone can check with developer and see what is their respond. I personally don’t want to see them anymore.
Btw, anyone know the status of Dua Villas crack issue? After developer repaired it, any further complaint from the owners. What I saw is more and more people extend their backyard, like never have crack issue before.
@Ahaun
Can you go and check out since you live near TR? Perhaps capture some photo?
Ya. Ahaun please help to check thoroughly for the benefits of all owners. Worried after reading what yvonne sim said here. Ideal legacy really short life.
@Daniel Chan no one is allowed to enter the premises.sorry.
Can we walk in instead of driving in?
Will we get block if walk in?
Anyone sneak in manage to capture photo?
@chew Maybe u can try your luck but i doubt they will let u in
Old stories la….. not to say not possible of crack. Hairy cracks line are quite common even in SETIA GREEN.
(Let’s assume the people who started this concern are not from other competing projects.)
As we know the stories of DUA issue (EAST side)…..comparatively speaking SATHU (WEST) sit on the higher ground and more solid in overall ONE RESIDENCE MASTERPLAN. Whereby ORIGINALLY the terrain sloping down from WEST to EAST.
Anyway the river side are fronted by the shoplot commercial too. any sinking should happen there first. therefore if you are nearer to the West side (same row with Sathu) should be very safe!
@CS Buyer
I like to believe you but still need to see with my own eyes. I am not worry about the hairline crack. I understand why it happen and in fact, all kind of building have it. Just developer fill it up and repaint it before hand over to owner.
But I would like to verify those 2-4″ land sink. I will find a way to go into the site again, but just now when I drive around the perimeter, can’t see any major repair work except a steel rack setup on a semi-D to repair the roof. On the other way, the gym equipment is setting up in the gym room, look like they are still working forward to issue VP asap. I assume if major crack issue happen, they most likely will slow down other works but focus on the crack repairing.
@Bryan
Could you share the secret way to enter the site?
Managed to go inside Tree residency on 3rd Aug 2013. Inspected my unit, generally it is Ok. Did not see cracks on the external and internal walls of my unit. No sinking sign at car porch. Looks ok to me.
Only see a crack line at the fencing brick wall at the back of the house.
Saw many SETIA GREENS units for sales popped up when searching for Sathu or Dua Villas in mudah.my. Can see SG is hard selling now.. worried for them.
@Cougar
Thanks for the feedback, it is great to hear the situation is under control, and it is not as bad as someone thought.
To those who overworry,
i think it is good to verify first before making much of huha to create unnecessary tension, as it has to be fair to developer, furthermore, the VP is yet to be finalized, if there is a defect, there is first time inspection as well as the 18 months or 24 months defect assurance converage by developer, why we should worry too much as we are not even know about the defect, there is unnecessary to create such assumption to everyone why security guard is so tight now. in fact, by regulation, prior to VP, none of owner is not allow to go into the premises as the unit is not belong to you yet until VP release.
To those are worry too much about their unit, please show the proofs before making the conclusion unless those are not the real owner of TR, thanks
Can we lay tiles on the car porch? Bcoz the cement design not nice.
Bro.. Statements contradict la.. You got house to lay tiles meh?
@RevoWithin
I had send in my request to join the TR fb. Anything else u need to verify?? Glad to be part of the community in virtual and real world soon……
Looking for a unit direct deal from owner. Kindly contact me: pantoprazole@gmail.com
KUALA LUMPUR: A survey of 1,000 people in Malaysia by HSBC revealed that 43% of respondents are inadequately prepared, and that one in 10 are not prepared at all for retirement.
The survey conducted in July-August 2012, found 28% of Malaysian respondents have never saved for retirement, including 18% of those in the 55-64 age group.
According to HSBC, financial security after retirement is an issue that will affect millions of Malaysians, especially in light of the United Nation’s forecast that by 2050, there would be one Malaysian aged over 65 for every four aged between 15 and 64.
One interesting highlight from the survey is the question of how long respondents thought they would live after retirement and how long they thought their savings would last.
The answer: Malaysians expected to live 17 more years but their funds would only last them 12 years.
Many thought that in order to enjoy a comfortable existence after retirement, they would require 81% of their working age income. On average, respondents were of the opinion that they need a household income of RM76,900 a year.
As only 46% of those surveyed were regular savers, the crucial question is: Why are people not saving for retirement?
Half of those not saving for retirement said they were being held back by the cost of day-to-day living, and 30% believed that they were saving or investing in a “different way”.
The two biggest obstacles people cited for hampering their ability to save are buying a home (48%) and paying for the children’s education (33%).
On a brighter note, HSBC says Malaysian respondents are amongst the most likely to choose saving for retirement (59%) over saving for a holiday (37%).
“Nevertheless, a significant proportion of Malaysian respondents are willing to dig into retirement savings as a means of dealing with an unforeseen crisis. Taken together, this shows that whilst focusing on the longer term helps to boost savings for retirement, the readiness to draw on long-term savings in an unexpected crisis will act to reduce the value of retirement savings for some Malaysian respondents,” it stresses.
The survey showed that the most common methods of retirement financial planning are informal, such as people’s own approximate calculations (53%), and HSBC notes that people who got professional advice tended to save more.
Of those who used a professional financial adviser, 60% saved more for retirement as a result. And of those who consulted a professional financial adviser to develop a written financial plan, 67% saved more for retirement.
In comparison, among those who plan their own retirement, only 52% saved more.
The most popular retirement aspirations among Malaysian are 1) to spend more time with friends and family (75%), 2) to take frequent holidays (62%), and 3) to start a business (48%).
The biggest fears surrounding retirement were financial hardship (68%) and poor health (59%).
Can anyone confirm the cracks and sinking at our area?
@Landed House
There are always an idiot creates false alarm on Ideal Property. Same goes to Setia Green. The truth is out there. Crack or not is your eyes to judge not the statement here.
Hello owners, how is the sinking thing? Mind sharing what is going on?
Managed to drive in just now as no one was guarding there. But my unit was locked. Looked around did not see any sign of crack. Drive around also can’t see any sign of land sinking. Went into 1 unit with workers doing painting, can’t see any obvious crack. The “air well” of the unit seems to be working with drawing some sunlight to the staircase. Not bad. At least no need to switch on the light of the family hall at day time.
Went to the club house, everything almost done. Nice playground, a badminton court, half basketball court and swimming pool. But the swimming pool layout is a bit different with the artist impression above. The gym room is across the swimming pool, made it total shielded at 1 end. The children pool location also different from the above. But I think it is not a problem. The main pool seems to be smaller compared to the picture above. Maybe need to judge the size again after the pool filled up with water.
Only a few workers still working on final touch up on the site. The plat number for every unit also up d, I got a nice number. I like the way they embedded the lights at the gate, and the drain is fully underground. The back lane also very nice with bicycle lane. Seem like everything is ready for VP anytime from now on. My guessing base on what I saw, should be within 2 weeks from now, unless delay by documentation or regulation issues.
@Bryan got any pictures to share?
@Bryan
Awesome, what a good information is beibg shared and glad to hear that everything is almost ready.
@Bryan
Thanks for the sharing, it’s such a great news.
Is the badminton court a covered one, or open air? Thanks.
@Ahaun
No picture taking as I was busying touring around as much as possible in shortest time.
@Swan
Hopefully really no crack. My quick tour around can’t really check everything.
@chew
It is an open air badminton court.
@Bryan I see the electrical wire still hanging there and also semi D units not completed painted. 2 weeks can finished bo with VP?
Agreed with @Bryan, actually I did the same as he mentioned above. Most of the unit was locked included mine one. Went into one of the unit with worker doing painting also but I couldn’t see any crack. Just I noticed the ground at rear corridor garden look uneven, if this is called sinking than the bricks should be pop up already but can’t see any pop up of bricks. About the ‘air well’, this is good design like my factory with similar design with enough sunlight at day time especially for intermediate units … Green concept!
For the swimming pool is really look smaller compared to site layout, I don’t think is half sized of Olympic pool. Overall progress for TR seems to be completed and VP soon.
Today, i took my sweet time toride around the whole housing area. No sinking problem that was mentioned. MY unit was locked but saw the toilet bowl in the living area, thus suspect that VP may not be as early as Sept. A lot of units is still not finish in painting yet, internally. External environment is all complete with Grass, trees planted. There is also a children swimming pool with water slides, will be a hit with my kids. Metal fence, usable, i may not change it. Wiring for the autogate is prepared. The so called “air well” is much larger than what you saw at the showroom. I posted all the pictures at the TR Facebook. Nearly got caught by the sleeping on the job security..
No need to hooh-huh here on the crack & sinking. Just need to frequently check your mailbox for the VP notification from Ideal and request for inspection before accepting VP. But beware of the date of the notification letter which may be already close to the 2 weeks dateline when you receive the letter. Better prepare a draft of inspection request letter now and immediate post it with Pos Laju when receive the VP notification.
Imagine if you had a time machine that allows you to travel back in time and travel back again to the future, what financial decisions would you change for the better? Surely, there would be useful lessons from the past.
One observation from the past would obviously be how cheap everything used to be and how we have taken them for granted. How we wished we had kept pace with inflation because each ringgit would have been stretched sufficiently to afford the inflated prices.
How you wished you had started on that saving plan because you didn’t know it would come in handy for your retrenchment. And why on earth did we waste money on things we never needed, clothes we never wore or food that was bad for our health?
If only you knew you weren’t going to be as healthy now as you were in your younger days, you would have been better covered medically. You would also have set up an income replacement plan then due to a serious illness that forced you out of work prematurely. You now realise that the ringgit values in the sales illustrations were future values which have lost its purchasing power over the years. Money certainly has a time value.
Coming back from the past, the corporate world has changed and economies have evolved. It should have made sense to have diversified your investments and kept your portfolios consciously invested.
The frequent switching in and out of your funds and the panicky reactions to periodic news and events weren’t rewarding at all.
Instead, rebalancing your portfolios annually and avoiding the herd mentality would have been wiser. Perhaps you would have allocated a smaller portion of your funds to speculating and a lot more to investing.
We all know we don’t have such a time machine but seriously when you look back into your own financial lives, there are many financial lessons to be learnt. Take stock of these lessons daily. Now that you are back to the future, list them in your smartphone as resolutions to change. After all, it is only through mistakes that we become better at everything in life.
I’m not an owner but TR is in my shortlist if no crack/sinking issue. I never bought G&G property so not sure about the rules about the tiles.
@Jason Yeoh
Are you at the right page? But anyway, if got time machine, I would have buy TR during launching time, save me ~200K.
@D.MAN
Basically, anything touching the outlook should not be changed, but tiles is not that obvious. You need to try to get the approval from management for that. But I believe after strata title obtained, you ca do it.
@sj
@Mookster
After seeing the whole actual TR, I am very exciting at the moment. Can’t wait it. VP mari mari fast.
Btw, still doubt on the huge building there are constructing at 1 corner of Ideal Haus. Is it really Tze Chi?
And when measure by the wall tile, assuming 1 tile = 1ft, the ceiling height is ~11ft, but after deduced the ceiling beam, only 9ft left. it would be a problem if we plan to cover the whole ceiling with plaster ceiling.
@Ahaun
That could be done very fast.
@Mad
My experience with this developer, once you pay the fees (advance maintenance + insurance + bla bla bla), which could easily reach 1K+, you can collect the key and book the joint inspection schedule. I am not sure about the inspection request letter as I never write this kind of letter before.
can you tell in more details ? what should the draft inspection refer to ? Can you post a sample so that everyone will submit it on time ?
@X6
Just write a formal letter to express your intention to inspect the house before accept the VP on a date before the 2 weeks dateline. Specify if the developer not able to arrange joint-inspection within the 2 weeks date, then the VP acceptance is onhold accordingly due to developer’s not able to carry out the task. Make sure it is an registered letter with date, and a copy to bank. You may also want to write in the bank tell banker to onhold the payment until developer obtain your agreement on VP.
@Mad
thanks , so meaning just one copy to developer, one copy to bank, do we need to cc lawyer?
@Mookster
Thanks. Could you please share the photo here as well? Thanks.
@chew
Don’t know how to share here and also I don’t plan to.. some agent will snitch my pict to post for house for sale :>. Anyway, I have uploaded most of the picture up in the TR Facebook. Go in and check it out.
any owner wan to sell your unit?
TR looks really good, and we can expect a lot of ‘hazes’ to drop by soon. I’ve called Ideal people and they said this sinking and big cracks are nonsense. No such thing. Some of us manage to go inside TR and none of us can see any sign of sinking or cracking.
There is a lot of good photos in the TR FB. I suggest owner to join the FB group and see for your self. There is a few concern for not posting all the photos here. Another reason, as the actual TR looks really good, people might jack up the price and over speculate the selling price.
hello Mookster. Maybe you can pick the best photo and post one here in this forum. I think it will bring owners to join the FB group.
@kotun
Did you ask for the VP date? This is the most key question now.
Relax on the “haze” from those ppl. If not because of this, I will never try so hard to go into the site, and see the wonderful TR with my own eyes.
@Bryan
I don’t think Ideal have a definite answer as far as VP. My last chat with them, they said in September.
@kotun
Thanks! Same with the information from an unofficial source. Sep is still fine.
I know a potential buyer for 24+10 intermediate unit. Any owner want to sell? He prefer to deal directly with owner. Saw mudah asking 1.5M for this type. 1% agent fee already 15K.
@Bryan
Wow 1.5M for pre-OC. Maybe type 22 can fetch good price as well post-OC.
@kotun
Already very good asking price at 1.03M for type 22. Those bought during launching already gain ~250K on paper.
Went to the site today, all the house numbers are known already!