Went to AH on 24/11 after back from Genting H. Check out with the management about renting the multipurpose hall for holding our wedding lunch buffet. The malay clerk was so blur and the chinese passed us an application form. The charges are as below:
1. Rental for Multipurpose Hall/Pool Side = RM50 for 5 hrs and RM200 deposits. Subsequent hrs will be charge RM10/hr.
2. BBQ pit = Absolutely free and RM50 for deposits.
Sounds ok to me and we are so looking forward to 28/11/2010 for our chinese ceremony and lunch buffet. Well, the AH2 has to be handed over to us with CF else nothing is gonna happened....
Thursday, November 26, 2009
Gown Testing
Went to Moonriver to test and choose gown for our photo shooting on 22/11. Not much of choices but it is good enough for us since we just need to choose 4. Was worrying fp too skinny but everything went out well and just need sewing at her bustline. Luckily her sis was there to help her out while for me,just commented once awhile will do. We plan to have our photo session somewhere between CNY 2010 and Bali trip early Mar 09. Still it depends on fp's schedule.
Need to start workout and lose alot of weight...
Need to start workout and lose alot of weight...
Friday, November 13, 2009
MRTA with HLA
Chloe came ytrdy to settle the MRTA. I made the payment by HSBC 1st cheque of RM2138 for (15+1)yrs MRTA, issued to Hong Leong Assurance Berhad. Chloe and her bf has bought a 2xstorey terace at Bukit Serdang near to Villa Park. RM255k and lease hold. Well furnished and extended.quite worth it i think although it is a lease hold.
Thursday, November 5, 2009
Detail for Photo Shoot Package
The details for the wedding photo package we signed up at Moonriver, Seri Kembangan is as below:
Photography:
1. 2 wed gowns
2. 2 eve gowns
3. 1 coat
4. 1 costume
5. include makeup and jewellery
6. exclude eyelashes (RM20), ampule (RM30) and B.foundation (RM50)
Wedding day:
1. 1 wed gown
2. 1 bridal bouquet
3. 1 eve gown
4. 1 groom corsages
5. 1 coat
6. car deco
Album & Photos:
1. 1pc 15x20 - 21poses full page leather album
2. 1pc 20x30 - wed pic with wooden frame
3. 2pcs 8R - wed pic for parents with standard frame
4. 48pcs 4R - sister giveaway photos
Gift Items:
1. RM500 cash voucher
2. CD copy for all photos taken
3. RM401 for make up (morning RM400 & eve RM1)
Has made appointment for gown trying day on 22/11 2pm with them. Will need to pay RM650 by then and another RM650 on actual day.
Photography:
1. 2 wed gowns
2. 2 eve gowns
3. 1 coat
4. 1 costume
5. include makeup and jewellery
6. exclude eyelashes (RM20), ampule (RM30) and B.foundation (RM50)
Wedding day:
1. 1 wed gown
2. 1 bridal bouquet
3. 1 eve gown
4. 1 groom corsages
5. 1 coat
6. car deco
Album & Photos:
1. 1pc 15x20 - 21poses full page leather album
2. 1pc 20x30 - wed pic with wooden frame
3. 2pcs 8R - wed pic for parents with standard frame
4. 48pcs 4R - sister giveaway photos
Gift Items:
1. RM500 cash voucher
2. CD copy for all photos taken
3. RM401 for make up (morning RM400 & eve RM1)
Has made appointment for gown trying day on 22/11 2pm with them. Will need to pay RM650 by then and another RM650 on actual day.
Housing Loan Legal Fee by Yee How & Tan
My case is handled by Eric Lim Chee Kong from Yee How & Tan (Advocate & Solicitor), recommended by HSBC Jennifer Chee. The legal fee is based on the Loan Amount of RM205,920. Eric had handed me a list of charges on the day i signed the Loan Agreement at AH Sales office. The total charges was RM3,950.65. As a 1st property buyer, i'm entitled for a 50% discount (RM525) on the Facility Agreement Stamp Duty (RM1,050) as enforced by Malaysia Government. This charge is considered relatively expensive as compared to the KE Ooi Solicitor which quoted me for OCBC loan. This is because for KE Ooi, i was entitled for a 30% (RM567.43) discount for Facility/Loan Agreement cum Assignment Fees under the 4th Sch. SRO 2006.
I had called up Eric to ask about this issue and he has come back to me yesterday. He said this is applicable and the Legal fee that i need to pay was RM2,868.22. I have made the payment to Yee How & Tan this morning by transfer to their CIMB acc (14220011362050) thru Maybank2U (1348821713). Payment has been received and Eric will proceed the Loan asap. Still i think i will ask for the list of charges and receipt as well. Eric sounds nice and helpful.
I had called up Eric to ask about this issue and he has come back to me yesterday. He said this is applicable and the Legal fee that i need to pay was RM2,868.22. I have made the payment to Yee How & Tan this morning by transfer to their CIMB acc (14220011362050) thru Maybank2U (1348821713). Payment has been received and Eric will proceed the Loan asap. Still i think i will ask for the list of charges and receipt as well. Eric sounds nice and helpful.
Letter from Premier Consortium
Received a registered letter from AH developer, Premier Consortium on 30/10.The letter dated 14/10 is mainly issued to the HSBC Bank to ask for progressive disbursement of roughly 50% (100k plus).Together was the letter for 10% down payment of RM28,800 but since AH marked up the price so that i can get a 100% loan, attached was another receipt stated a RM22,000 discount. So eventually i still need to get back RM200 from the developer since i have made a RM1k deposit. Will need to refer to the AH when will i get my $$ back. The receipt upon receptance of my RM1k deposit was attached as well.
The due for the bank to release payment will be on 16/11 which is 21 working days later. I have contacted Eric from yeehow & tan, solicitor for my bank loan. He will follow up on behalf and will notify me when everything is ready. I'm worry because once the payment is late, a penalty of 10% per annum will imposed and it is bared by the borrower,Me...will follow up again with Eric and Jennifer from HSBC...today is 5th already..
The due for the bank to release payment will be on 16/11 which is 21 working days later. I have contacted Eric from yeehow & tan, solicitor for my bank loan. He will follow up on behalf and will notify me when everything is ready. I'm worry because once the payment is late, a penalty of 10% per annum will imposed and it is bared by the borrower,Me...will follow up again with Eric and Jennifer from HSBC...today is 5th already..
Friday, October 30, 2009
Aman Heights
Finally CF for Aman Heights I has been approved. Lim has received a inform letter about it although he hasn't signed the S&P yet. So glad to hear about this but i hope that AH2 will not be delayed for so long...
Reno at AH1 has begun!!!
Reno at AH1 has begun!!!
Tuesday, October 20, 2009
MRTA
Finally we decided to take on HLA MRTA with Chloe superial, Cathryn for 15yrs. She will prepare the agreement for me and i need to prepare the cheque for the payment of ard RM2k. I told her the cheque will only be ready by next week as my cheque is with my father. I have asked her to sms me the exact amount of the MRTA. The cheque is to be issued to HLA as written on Cathryn's name card.
Another 2k goes off easily...haha
Another 2k goes off easily...haha
Friday, October 16, 2009
MLTA vs MRTA II
Met up with Cathryn from HLA. Basically the plans are as below:
MRTA:RM200k
10 years = RM1,532
15 years = RM1,938
MLTA:RM200k
Monthly = RM164.68
Quarterly = RM494.03 (discount 1%)
Semi-Annually = RM964.53 (discount 2%)
Annually = RM1,882.00 (discount 3%)
Cathryn claims HLA having the best MLTA package among its competitors.
Fui Woon helped to get the quotation from Prudential as well:
MRTA: (RM205,920)
12years = RM1381.72
15years = RM1999.48
Prudential package seems cheaper for 12yrs MRTA. as for MLTA, not sure bout it..
Promise to get back to Cathryn by next week.
MRTA:RM200k
10 years = RM1,532
15 years = RM1,938
MLTA:RM200k
Monthly = RM164.68
Quarterly = RM494.03 (discount 1%)
Semi-Annually = RM964.53 (discount 2%)
Annually = RM1,882.00 (discount 3%)
Cathryn claims HLA having the best MLTA package among its competitors.
Fui Woon helped to get the quotation from Prudential as well:
MRTA: (RM205,920)
12years = RM1381.72
15years = RM1999.48
Prudential package seems cheaper for 12yrs MRTA. as for MLTA, not sure bout it..
Promise to get back to Cathryn by next week.
Friday, October 9, 2009
HLA - MRTA vs MLTA
Catherine from HLA called up on behalf of Chloe regarding the term assurance. She adviced me to go for MLTA as MLTA is relatively worthy as compared to MRTA. As calculated by her, for RM200k MLTA would only cost me RM160+/month. While for MRTA, it would cost me RM5k in 1 lump sum. The earlier i sign up for MLTA, the cheaper the payment. For MLTA, it will be the same monthly payment for the whole tenure if i were to sign up now. It is something like the insurance. I was worried about the high monthly payment as FP will only join me for the payment as early as next yr. But Catherine told me that with the lump sum of RM5k, i would be able to divide it into monthly payment for MLTA which would be enough for me to pay for years till FP financially stable. What she said has solved my worries as initially when i known about the Term Assurance, i was more into MLTA. I will further discuss with FP. Most probably we will go for MLTA.
I have made an appointment to meet up Catherine on next monday (12/10) at McD Petronas Sg Besi. Her contact no is 012-6780160.
I have made an appointment to meet up Catherine on next monday (12/10) at McD Petronas Sg Besi. Her contact no is 012-6780160.
Wednesday, October 7, 2009
HSBC Housing Loan
We have signed the Loan Agreement with HSBC. PIC from HSBC is Jennifer Chee and Eric Lim from Yee How & Tan Solicitor. The details for the Loan agreement would be:
1. Loan amount = RM205,920
2. Interest Rate = BLR - 2.25 %
3. Loan Period = 30years
4. Monthly Admin Fee = RM10
5. Cheque Book = RM7.50/50pcs
6. RM100 for Mortgage Account Opening
7. Lock in period = 7 years
8. Monthly payment = RM902 (BLR = 5.55%)
The legal fee is around RM3950+ before the 1st buyer 50% discount. After discount would be ard RM3.5K...
The loan is considered settled. Now just wait for further notice...
AJ...
1. Loan amount = RM205,920
2. Interest Rate = BLR - 2.25 %
3. Loan Period = 30years
4. Monthly Admin Fee = RM10
5. Cheque Book = RM7.50/50pcs
6. RM100 for Mortgage Account Opening
7. Lock in period = 7 years
8. Monthly payment = RM902 (BLR = 5.55%)
The legal fee is around RM3950+ before the 1st buyer 50% discount. After discount would be ard RM3.5K...
The loan is considered settled. Now just wait for further notice...
AJ...
Monday, October 5, 2009
Sales and Purchase Agreement (SPA)
Last sunday we made an appointment with the developer's solicitors to sign the SPA which normally people will mention as S&P. The assigned solicitor firm is K.E.Ooi & Partners and the lawyer attended was Pn.Noran Binti Mokhtar Bazin. We have signed 8 copies of SPA which includes 2 types of doc which is the deed and the form H, both original and duplicate copies. The original copy and 1 duplicate copy will be given to us as the developer needs to sign it as well. With the original copy, we need to pass to bank solicitor which they will process the housing loan and keep it. That will be the last time we see it untill the loan payment ends. If we wished to apply for EPF to pay the housing loan, the EPF would need to see the original copy before we handed to the bank.
Not much to know about the agreement. The property is still under the development untill the Strata is approved by the government. This could take few months and up to 5 yrs. But if we wish to transfer the property, a consent from the developer will be required and enough to prove the ownership. The property needed to be finished by developer and handed to buyers within 3yrs from the date of signing of SPA. Developer will be charged 8%/day for late delivery. When developer handover the keys to the buyers, the buyers need to issue complain for any defect of the property within 14days. When the handover occured, the buyer will check the property together with the developer. Any defect needed to be fixed or miss out of items, charges are bared by the developer. The buyers still can issue complains on defects within 18mths from the handover and issue made after that will not be bared by the developer.
I have decided to take on HSBC HomeSmart which is a Flexi Home Loan. BLR -2.2%. Contacted the PIC Ms Jennifer and she promised to prepare the doc and arrange for signing within this week.
Not much to know about the agreement. The property is still under the development untill the Strata is approved by the government. This could take few months and up to 5 yrs. But if we wish to transfer the property, a consent from the developer will be required and enough to prove the ownership. The property needed to be finished by developer and handed to buyers within 3yrs from the date of signing of SPA. Developer will be charged 8%/day for late delivery. When developer handover the keys to the buyers, the buyers need to issue complain for any defect of the property within 14days. When the handover occured, the buyer will check the property together with the developer. Any defect needed to be fixed or miss out of items, charges are bared by the developer. The buyers still can issue complains on defects within 18mths from the handover and issue made after that will not be bared by the developer.
I have decided to take on HSBC HomeSmart which is a Flexi Home Loan. BLR -2.2%. Contacted the PIC Ms Jennifer and she promised to prepare the doc and arrange for signing within this week.
Home Dec 2009
Last Sunday we visited Home Dec 2009 held at KL Convention Centre yesterday. This is our 1st visit to such home exhibition other than IKEA. The exhibition is really out of our expectation. We manage to survey about many things that we needed to deco and furnish our new condo. The items are as below:
1. Hood and Hob - Pacific, Teka and Elba. We had had a short lesson about this. New model now comes together with Autocleaning which would help you to clean it without extra work like removing the filter cage and so. During HomeDec, they offers free ducting and installation as well. Elba would be the cheaper brand. now there 3 types of hob:gas burning, induction and "delicooker". Mostly are still conventional gas burining but with safety features such as automatic gas supply disengaged when it doesn't detect temperature within time set. for induction, only stainless steel or aluminium pot can be used but now implemented with ceramic holder which alot wok to fit it as normally Asians use work except you are fine with frying pans and flat bottom pot. for "delicooker", pots made of all kinda materials can be used. all induction and "delicooker" comes with infrared touch buttons, digital displays, time and temp setting and so. But kinda expensive than i thought. Both Hood and Hob can range from RM1-3k.
2. Wooden Flooring - we intend to install wood flooring for our master bedroom as I'm kinda like it. Some nice exhibitors really explained a lot about what we need to know and their products. Though we still met up with 2 uncles which really bad in sales presentation. "if u really intend to implement, then you must not hesitate to sign up now, we really doing promotion and really damn cheap..." this is his initial approach and closing up as well. Really dislike kinda salesperson. Anyone can do sales now if this method works. So, basically there are few things to know. 3 kinda wood flooring, Solid wood, Laminated and engineered. Solid wood are made directly from the tree, using the natural print of the wood and with natural appearance. Laminated are compressed wood and the surface are printed design therefore every piece of flooring looks and colors are the same. For engineered flooring, it is type of laminated but the surface design are not natural look. it can be in any design. The technology is for flooring are quite advanced now, some you do not need to hack the original tiles and most of them done alot of protection again water leak and termites. still,it requires proper care for wood flooring. Wooden flooring range from RM1.80 - RM50/sgft. Mostly free installation but some have minimum sqft else there will be surcharge.
3. Shower head - this is the part where FP like the most. She kinda like the big head lotus shower head. But according to the exhibitor, this shower head is only applicable to centralized heater tank or if you are just ok with cold water. It doesn't apply to individual heater. Price range from RM200-300.
4. Grill and door - Checked out some grills and doors. The grills doesn't seem to be tailored for condo grills. Mostly are automated gates. For doors, i think we can temporarily skip as the condo has it own door already although it is not pretty. Price range from RM1.8k to RM3k.
5. Hanger for Clothes (for condo) - Condo doesn't has any space for clothes drying except balcony. So we definitely needed a hanger which can be lifted up or extendable. found only one booth which offers such product. It offers both extendable and hand-roll lift up type. we need both. Range from RM150 to RM300.
6. Kitchen cabinet - didn't check out many as the price really expensive starts from RM2k. But this is needed. Maybe will check out during next HomeDec Fair. All are tailored made, some even comes with automatic open/close function.
7. Wardrobe - Had a glance at few booths. Mostly are tailored made but the price are really high. No wonder ho thiam said better buy from IKEA but IKEA products are not really durable. Price starts from RM2k.
8. Shower Cubicle - made of tempered glass but not a necessary item. I would rather go for a shower curtain with tight budget. Range from RM1k to RM1.5k.
I have read thru the latest IKEA catalogue. There are some items really attracted me. But some really expensive. Might need to make a visit to IKEA when free. Really need to start to do researches first before the condo is handed over. Things such as Hood and hob and flooring really needed to decide before installing kitchen cabinet and bedroom accessories. Hopefully the developers are able to be on time, with no affect on the quality.
1. Hood and Hob - Pacific, Teka and Elba. We had had a short lesson about this. New model now comes together with Autocleaning which would help you to clean it without extra work like removing the filter cage and so. During HomeDec, they offers free ducting and installation as well. Elba would be the cheaper brand. now there 3 types of hob:gas burning, induction and "delicooker". Mostly are still conventional gas burining but with safety features such as automatic gas supply disengaged when it doesn't detect temperature within time set. for induction, only stainless steel or aluminium pot can be used but now implemented with ceramic holder which alot wok to fit it as normally Asians use work except you are fine with frying pans and flat bottom pot. for "delicooker", pots made of all kinda materials can be used. all induction and "delicooker" comes with infrared touch buttons, digital displays, time and temp setting and so. But kinda expensive than i thought. Both Hood and Hob can range from RM1-3k.
2. Wooden Flooring - we intend to install wood flooring for our master bedroom as I'm kinda like it. Some nice exhibitors really explained a lot about what we need to know and their products. Though we still met up with 2 uncles which really bad in sales presentation. "if u really intend to implement, then you must not hesitate to sign up now, we really doing promotion and really damn cheap..." this is his initial approach and closing up as well. Really dislike kinda salesperson. Anyone can do sales now if this method works. So, basically there are few things to know. 3 kinda wood flooring, Solid wood, Laminated and engineered. Solid wood are made directly from the tree, using the natural print of the wood and with natural appearance. Laminated are compressed wood and the surface are printed design therefore every piece of flooring looks and colors are the same. For engineered flooring, it is type of laminated but the surface design are not natural look. it can be in any design. The technology is for flooring are quite advanced now, some you do not need to hack the original tiles and most of them done alot of protection again water leak and termites. still,it requires proper care for wood flooring. Wooden flooring range from RM1.80 - RM50/sgft. Mostly free installation but some have minimum sqft else there will be surcharge.
3. Shower head - this is the part where FP like the most. She kinda like the big head lotus shower head. But according to the exhibitor, this shower head is only applicable to centralized heater tank or if you are just ok with cold water. It doesn't apply to individual heater. Price range from RM200-300.
4. Grill and door - Checked out some grills and doors. The grills doesn't seem to be tailored for condo grills. Mostly are automated gates. For doors, i think we can temporarily skip as the condo has it own door already although it is not pretty. Price range from RM1.8k to RM3k.
5. Hanger for Clothes (for condo) - Condo doesn't has any space for clothes drying except balcony. So we definitely needed a hanger which can be lifted up or extendable. found only one booth which offers such product. It offers both extendable and hand-roll lift up type. we need both. Range from RM150 to RM300.
6. Kitchen cabinet - didn't check out many as the price really expensive starts from RM2k. But this is needed. Maybe will check out during next HomeDec Fair. All are tailored made, some even comes with automatic open/close function.
7. Wardrobe - Had a glance at few booths. Mostly are tailored made but the price are really high. No wonder ho thiam said better buy from IKEA but IKEA products are not really durable. Price starts from RM2k.
8. Shower Cubicle - made of tempered glass but not a necessary item. I would rather go for a shower curtain with tight budget. Range from RM1k to RM1.5k.
I have read thru the latest IKEA catalogue. There are some items really attracted me. But some really expensive. Might need to make a visit to IKEA when free. Really need to start to do researches first before the condo is handed over. Things such as Hood and hob and flooring really needed to decide before installing kitchen cabinet and bedroom accessories. Hopefully the developers are able to be on time, with no affect on the quality.
Thursday, October 1, 2009
OCBC Home Loan
Received the home loan quotation from OCBC Quines Lai. The offer is as below:
1. Loan amount of RM205,920
2. 1-36mth:BLR - 2.% ; subsequent 323mths :BLR - 2.3% ; 324th mth full settlement
2. Monthly Repayment (BLR=5.55%) = RM930 for 1-3yrs; RM896 for 27yrs
3. Total Interest Paid = RM120,789, Total Installment = RM326,709
4. 5 yrs lock in period
5. Semi Flexi Plan - extra deposite of money in its account will deduct of the principal itself.
6. Redraw of money with 3days notice, RM10 admin charge incurred, and no limit of amount but within facility limit.
1. Loan amount of RM205,920
2. 1-36mth:BLR - 2.% ; subsequent 323mths :BLR - 2.3% ; 324th mth full settlement
2. Monthly Repayment (BLR=5.55%) = RM930 for 1-3yrs; RM896 for 27yrs
3. Total Interest Paid = RM120,789, Total Installment = RM326,709
4. 5 yrs lock in period
5. Semi Flexi Plan - extra deposite of money in its account will deduct of the principal itself.
6. Redraw of money with 3days notice, RM10 admin charge incurred, and no limit of amount but within facility limit.
Moonriver Wedding Photo Package
We visited this photostudio Moonriver Studio on 30/9 eve. They are offering a 3rd anniversery promotion with package cost from RM1388 and above. Below are the details for few package below RM2k:
RM1388
1. 1 morning gown, 1 eve gown and 1 costume for studio photoshooting.
2. 1 morning gown, 1 eve gown and 1 coat for wedding day.
3. 1pc 10x15 photo album with 21pics.
4. 1pc 11R Wed Pic with frame for display.
5. 38pcs of 4R Sister Picture.
6. 2pcs of 8R with Frame for parents.
7. Makeup and hair style.
8. Hand Bouquet and Car Design.
9. No outdoor shooting.
RM1688
1. 1 morning gown, 2 eve gown and 1 costume for studio photoshooting.
2. 1 morning gown, 1 eve gown and 1 coat for wedding day.
3. 1pc 20x15 10pages photo album with 21pics and additional 1 pc of small photo album.
4. 1pc 11R Wed Pic with frame for display.
5. 48pcs of 4R Sister Picture.
6. 2pcs of 8R with Frame for parents.
7. Makeup and hair style.
8. Hand Bouquet and Car Design.
9. No outdoor shooting.
10. 21pcs photo softcopy.
RM2001 (RM1988)
1. 1 morning gown, 2 eve gown and 1 costume for studio photoshooting.
2. 1 morning gown, 1 eve gown and 1 coat for wedding day.
3. 1pc 10x15 photo album with 21pics.
4. 1pc 11R Wed Pic with frame for display.
5. 48pcs of 4R Sister Picture.
6. 2pcs of 8R with Frame for parents.
7. 1 outdoor shooting (own transport within klang valley) .
8. Makeup and hair style.
9. Hand Bouquet and Car Design.
10. No outdoor shooting.
11. 21pcs touch up and the remain photo softcopy.
12. Free RM500 voucher.
13. Makeup for wedding day and additional RM1 for eve dinner.
We have signed up for the RM2001 package and made a RM688 down payment. 2nd payment to be made on gown trying day and 3rd on the actual photo shooting day.
AJ...
RM1388
1. 1 morning gown, 1 eve gown and 1 costume for studio photoshooting.
2. 1 morning gown, 1 eve gown and 1 coat for wedding day.
3. 1pc 10x15 photo album with 21pics.
4. 1pc 11R Wed Pic with frame for display.
5. 38pcs of 4R Sister Picture.
6. 2pcs of 8R with Frame for parents.
7. Makeup and hair style.
8. Hand Bouquet and Car Design.
9. No outdoor shooting.
RM1688
1. 1 morning gown, 2 eve gown and 1 costume for studio photoshooting.
2. 1 morning gown, 1 eve gown and 1 coat for wedding day.
3. 1pc 20x15 10pages photo album with 21pics and additional 1 pc of small photo album.
4. 1pc 11R Wed Pic with frame for display.
5. 48pcs of 4R Sister Picture.
6. 2pcs of 8R with Frame for parents.
7. Makeup and hair style.
8. Hand Bouquet and Car Design.
9. No outdoor shooting.
10. 21pcs photo softcopy.
RM2001 (RM1988)
1. 1 morning gown, 2 eve gown and 1 costume for studio photoshooting.
2. 1 morning gown, 1 eve gown and 1 coat for wedding day.
3. 1pc 10x15 photo album with 21pics.
4. 1pc 11R Wed Pic with frame for display.
5. 48pcs of 4R Sister Picture.
6. 2pcs of 8R with Frame for parents.
7. 1 outdoor shooting (own transport within klang valley) .
8. Makeup and hair style.
9. Hand Bouquet and Car Design.
10. No outdoor shooting.
11. 21pcs touch up and the remain photo softcopy.
12. Free RM500 voucher.
13. Makeup for wedding day and additional RM1 for eve dinner.
We have signed up for the RM2001 package and made a RM688 down payment. 2nd payment to be made on gown trying day and 3rd on the actual photo shooting day.
AJ...
Bring a colleague 2
Yesterday Lim and i went to Aman Heights show unit again. This time i brought along FP since we have appointment after that. Lim want to check on some details and the completed unit, A-17-5. Finally he has booked the unit,with extra carpark cost RM10k after discount. His unit cost ard RM212k. Well, we didn't stay long as Lim and Sam need to discuss about loan details and etc...
Welcome to the new neighbour...
Welcome to the new neighbour...
Wednesday, September 30, 2009
Bring a colleague
I have brought my A.M, Lim to Aman Heights showhouse since he is interested when i told him about the unit i have bought. We didn't expect to meet up with anyone since it was closed at 5pm. But we managed to meet up with the salesperson, Sam Chew. So he brought Lim to the showhouse and show him around...Bla..bla..bla...
Lim is interested with higher floors. Lim is interested with the condo designed, the facilities and for sure,the price. He is interested to buy a Phase I unit and as told by Sam, 2units left but there will be no extra carpark given away but Phase II still offers. He said he would need to bring his gf to see the unit again on this saturday. His explain for not taking Phase II is, "Who knows what is gonna happen next year?"...i wasn't sure was he mentioning about their relationship or so...also, he was worrying whether there will be people moving in for next few months.Well, it is all up to him to decide.A-13-5 or A-21-6.
Btw, I have asked Sam about the installation of grill outside and he said it is ok. Also, i received call from the AH2 Legal Lawyer, Peggy (03-79873296) asking about my loan approval and so. She told me that i should sign the SPA within 14days. And so i checked with Sam and he said he already extend another 14days for me. From the day i booked the unit, it was already almost 4 weeks away. i guess it is almost time already. Gonna be fast on the loan.
So, the count still continues.
Lim is interested with higher floors. Lim is interested with the condo designed, the facilities and for sure,the price. He is interested to buy a Phase I unit and as told by Sam, 2units left but there will be no extra carpark given away but Phase II still offers. He said he would need to bring his gf to see the unit again on this saturday. His explain for not taking Phase II is, "Who knows what is gonna happen next year?"...i wasn't sure was he mentioning about their relationship or so...also, he was worrying whether there will be people moving in for next few months.Well, it is all up to him to decide.A-13-5 or A-21-6.
Btw, I have asked Sam about the installation of grill outside and he said it is ok. Also, i received call from the AH2 Legal Lawyer, Peggy (03-79873296) asking about my loan approval and so. She told me that i should sign the SPA within 14days. And so i checked with Sam and he said he already extend another 14days for me. From the day i booked the unit, it was already almost 4 weeks away. i guess it is almost time already. Gonna be fast on the loan.
So, the count still continues.
Tuesday, September 29, 2009
New Furniture
Bought a new book shelf from Carrefour last weekend. For...our new house. Still kept in FP's room now,wrapped...Wow, countdown to May 2010 is 8mths away...
The count continues...
The count continues...
HSBC Home Loan
Received HSBC quotation from Jennifer Chee.HSBC offers HomeSmart Flexi Loan.
HomeSmart:
1. Loan amount of RM205,920 with BLR - 2.2% = 3.35%
2. Monthly Repayment = RM908 for 30yrs (BLR=5.55%)
3. Total Interest Paid = RM120,789, Total Installment = RM326,709
4. 7 yrs lock in period
5. Flexi Plan with current account, ATM, Cheque book, Phone and internet Banking.
6. Redraw of money with no notice, no charges incurred, and no limit of amount but within facility limit.
HomeSmart:
1. Loan amount of RM205,920 with BLR - 2.2% = 3.35%
2. Monthly Repayment = RM908 for 30yrs (BLR=5.55%)
3. Total Interest Paid = RM120,789, Total Installment = RM326,709
4. 7 yrs lock in period
5. Flexi Plan with current account, ATM, Cheque book, Phone and internet Banking.
6. Redraw of money with no notice, no charges incurred, and no limit of amount but within facility limit.
CIMB Home Loan
FP's friend, Chloe met us last thursday to explain to us about the CIMB Islamic Flexi housing loan for our AH2..The important parts are:
1. Lock in period of 5 years - means only after 5years from 1st disbursement only the property can be sold else a penalty will be charged (3% of loan)..
2. Max BLR is 10.xx% which equal to 7xxk.
3. Repayment for 1-36months after loan approval is RM6xx which is the interest only while from 37 onwards will be 98x.
4. BLR-2.0%
For Mortgage Term Assurance, still yet to be decided. But this is optional...
1. Lock in period of 5 years - means only after 5years from 1st disbursement only the property can be sold else a penalty will be charged (3% of loan)..
2. Max BLR is 10.xx% which equal to 7xxk.
3. Repayment for 1-36months after loan approval is RM6xx which is the interest only while from 37 onwards will be 98x.
4. BLR-2.0%
For Mortgage Term Assurance, still yet to be decided. But this is optional...
Friday, September 18, 2009
MLTA vs MRTA
Mortgage Reducing Term Assurance (MRTA) or Mortgage Decreasing Term Assurance (MDTA)
MRTA or MDTA is a reducing term life assurance specially designed to protect a loan borrower against death or TPD (total permanent disability) due to natural or accidental causes. Some lenders will allow you to finance and add the premium to your home loan (up to a certain percentage of your loan amount).MRTA or MDTA is a simple insurance policy and has become a common and acceptable policy taken up by the borrower whenever he takes up a mortgage loan. The premium is paid upfront in one lump sum. Some lenders will finance and add the premium to your loan. The borrower can choose the amount and tenure of the coverage and the amount of premium will be determined by these factors as well as his age and gender. Banks normally encourage the borrower to take up this policy by giving better pricing on their interest rates if the borrower signs up a MRTA or MDTA policy.To the borrower this is relatively a hassle free, affordable and necessary policy as their mortgages are covered in the event of any unfortunate incident that may caused death or TPD.
Mortgage Level Term Assurance (MLTA)
MLTA is a slight variation from MRTA or MDTA and offers an alternative for a borrower who is looking for a life insurance which offers protection plus savings and in some policies returns on the premium.Premium is paid on a monthly, quarterly, half yearly or yearly basis and the policy holder can choose to have a wider coverage other than death and TPD. The amount of the premium will be determined by the usual factors and the scope of additional coverage.
Comparison and Features of MDTA and MLTALife
-MLTA
1. TransferableThis policy is transferable whenever the borrower buys a new property or refinances his loan with another bank.Example: Transfer this policy, adjust the sum assured to match the new loan, as many times as you need.
2. Insurability is GuaranteedYou purchase only once, with the same sum assured, there is no need to prove your health condition again.
3. With Savings or Returns (Cash Value)Premium paid will be accumulated either as savings or savings plus returns. The cash value can be used to reduce or pays off your mortgage.
-MRTA
1. Not TransferableIn most cases, new MDTA policy has to be taken up whenever a borrower changes his properties or refinances his loan with another bankExample: 5 yrs later, refinancing at the older age, for same tenure of same loan amount, the MDTA cost is higher.
2. Insurability is not GuaranteedMost of the time every time you finance your property, you have to prove that you are healthy to purchase MDTA.
3. No Cash ValueIt is an expense with zero cash value at end of the mortgage tenure.
For example : The applicant name is Ken. He's a 24 male and bought a property for 230k but he only take 100k loan.
MRTA scenario
So if he purchase RM100k for 30 years MRTA the premium will be RM2165 and the surrender value from time to time is less and less. So, if anything happen to Ken at 5th year, the benefit he get from insurance com will be RM95299 while 10th year will be RM87319. So at the end, the value will be zero at 30th year.
MLTA scenario
If he purchase same RM100k and 30 years MLTA, he needs to pay RM61 every month and gets the level protection. He can choose to pay monthly, quarterly, semi-annually or annually. If Ken is TPD and can't make a source to pay for monthly installment, the benefits he get is RM100k no matter at which year. If Accidental death it would be X 2, the benefits will be RM200k. This is consider savings and you get the level benefits no matter 1st year or 18th or 30th year. Because the surrender value is high and higher. If Ken have nothing happen at 30th year, he can get back the value he prepaid. This is the benefit you get from MLTA. And, Ken is only 24, if he buy a better property, he can bring this MLTA over to that property and extend it.
Info taken from http://forum.lowyat.net
MRTA or MDTA is a reducing term life assurance specially designed to protect a loan borrower against death or TPD (total permanent disability) due to natural or accidental causes. Some lenders will allow you to finance and add the premium to your home loan (up to a certain percentage of your loan amount).MRTA or MDTA is a simple insurance policy and has become a common and acceptable policy taken up by the borrower whenever he takes up a mortgage loan. The premium is paid upfront in one lump sum. Some lenders will finance and add the premium to your loan. The borrower can choose the amount and tenure of the coverage and the amount of premium will be determined by these factors as well as his age and gender. Banks normally encourage the borrower to take up this policy by giving better pricing on their interest rates if the borrower signs up a MRTA or MDTA policy.To the borrower this is relatively a hassle free, affordable and necessary policy as their mortgages are covered in the event of any unfortunate incident that may caused death or TPD.
Mortgage Level Term Assurance (MLTA)
MLTA is a slight variation from MRTA or MDTA and offers an alternative for a borrower who is looking for a life insurance which offers protection plus savings and in some policies returns on the premium.Premium is paid on a monthly, quarterly, half yearly or yearly basis and the policy holder can choose to have a wider coverage other than death and TPD. The amount of the premium will be determined by the usual factors and the scope of additional coverage.
Comparison and Features of MDTA and MLTALife
-MLTA
1. TransferableThis policy is transferable whenever the borrower buys a new property or refinances his loan with another bank.Example: Transfer this policy, adjust the sum assured to match the new loan, as many times as you need.
2. Insurability is GuaranteedYou purchase only once, with the same sum assured, there is no need to prove your health condition again.
3. With Savings or Returns (Cash Value)Premium paid will be accumulated either as savings or savings plus returns. The cash value can be used to reduce or pays off your mortgage.
-MRTA
1. Not TransferableIn most cases, new MDTA policy has to be taken up whenever a borrower changes his properties or refinances his loan with another bankExample: 5 yrs later, refinancing at the older age, for same tenure of same loan amount, the MDTA cost is higher.
2. Insurability is not GuaranteedMost of the time every time you finance your property, you have to prove that you are healthy to purchase MDTA.
3. No Cash ValueIt is an expense with zero cash value at end of the mortgage tenure.
For example : The applicant name is Ken. He's a 24 male and bought a property for 230k but he only take 100k loan.
MRTA scenario
So if he purchase RM100k for 30 years MRTA the premium will be RM2165 and the surrender value from time to time is less and less. So, if anything happen to Ken at 5th year, the benefit he get from insurance com will be RM95299 while 10th year will be RM87319. So at the end, the value will be zero at 30th year.
MLTA scenario
If he purchase same RM100k and 30 years MLTA, he needs to pay RM61 every month and gets the level protection. He can choose to pay monthly, quarterly, semi-annually or annually. If Ken is TPD and can't make a source to pay for monthly installment, the benefits he get is RM100k no matter at which year. If Accidental death it would be X 2, the benefits will be RM200k. This is consider savings and you get the level benefits no matter 1st year or 18th or 30th year. Because the surrender value is high and higher. If Ken have nothing happen at 30th year, he can get back the value he prepaid. This is the benefit you get from MLTA. And, Ken is only 24, if he buy a better property, he can bring this MLTA over to that property and extend it.
Info taken from http://forum.lowyat.net
OCBC Ms Lai
Aptment with OCBC Ms Lai regarding Mortgage Loan ytrday. She promised to sms me her hp but didn't. I have tried everything, called the no displayed when she called me on Wed but that was the office and the lady answer saids she doesn't work directly with OCBC. Then call the Yee Yin on the OCBC Brochure taken from AH2. No tone. Just when i started to give up and wanted to try my luck driving to McD Petronas Sg Besi, she called. I wanted to confirm which McD with her but she stays in Puchong and she is not familiar with the area. I was sure that she has told me she wanted to meet me up at Mobil McD Mint Hotel. Well, i asked to meet at McD Petronas Sg Besi.
Aptment at 12pm and she was quite late. I was sitting inside McD and wondering who will i be meeting with. I had a look at every OL look female that passed by or enter McD. Could her be this Auntie, or that young lady, and so time flies. Almost half an hr i had been sitting there. luckily i had ordered my lunch and i was just taking my time.
Finally, she called and she told me that she was at Mobil McD. I taught her hw to get to here although it is just 2km away. Gosh,she is so not familiar with this area. Finally she showed her face in a Red blouse and Black skit, and of course,high heel. Heavy make up also but i'm pretty sure that she is just ard my age. After passing her the docs she wants, she tried to explain to me whats the difference between Mortgage Reducing Term Assurance (MRTA) and Mortgage Level Term Assurance (MLTA).
She is actually an outsourced agent which means she doesn't represent OCBC directly. Anyhow, she told me that once you have signed the S&P (Sales and Puchase) agreement, you will need to decide which bank and loan you have chosen within 2 weeks time. Her advice is, don't sign the S&P yet. OCBC offers semi-flexi housing loan which differs from total flexi loan. Semi does'nt offer current account and cheque book and ATM. One who wish to withdraw $$ from the account would need to give OCBC 3 working days to process. Full flexi will be the other way round, with cheque book,ATM and current acc.
Well, our aptment ended ard 1pm and i was already late for my work.
Aptment at 12pm and she was quite late. I was sitting inside McD and wondering who will i be meeting with. I had a look at every OL look female that passed by or enter McD. Could her be this Auntie, or that young lady, and so time flies. Almost half an hr i had been sitting there. luckily i had ordered my lunch and i was just taking my time.
Finally, she called and she told me that she was at Mobil McD. I taught her hw to get to here although it is just 2km away. Gosh,she is so not familiar with this area. Finally she showed her face in a Red blouse and Black skit, and of course,high heel. Heavy make up also but i'm pretty sure that she is just ard my age. After passing her the docs she wants, she tried to explain to me whats the difference between Mortgage Reducing Term Assurance (MRTA) and Mortgage Level Term Assurance (MLTA).
She is actually an outsourced agent which means she doesn't represent OCBC directly. Anyhow, she told me that once you have signed the S&P (Sales and Puchase) agreement, you will need to decide which bank and loan you have chosen within 2 weeks time. Her advice is, don't sign the S&P yet. OCBC offers semi-flexi housing loan which differs from total flexi loan. Semi does'nt offer current account and cheque book and ATM. One who wish to withdraw $$ from the account would need to give OCBC 3 working days to process. Full flexi will be the other way round, with cheque book,ATM and current acc.
Well, our aptment ended ard 1pm and i was already late for my work.
Wednesday, September 16, 2009
OCBC Housing Loan
OCBC Ms Lai called up today. Sam faxed our information to her and the documents she received are not clear. She requests to meet up tomorrow to pass her another copy of photostated IC and EA form. She also asked for more supporting document such as fixed deposit or bank account to show that i'm 'rich'. haha. So i will meet her up 12pm at McD tmr which i have forgotten izzit the McD Mint Hotel or Petronas. She said will send me her contact no but till now i haven't received any sms from her.
Haven't brought my family to see the show house yet. Hmm...i'm not a fillial son.
Haven't brought my family to see the show house yet. Hmm...i'm not a fillial son.
Monday, September 14, 2009
Housing Loan and Feng Shui
Received call from HSBC Housing Loan Agent,Jennifer in the morning.she will prepare us a proposal and explain to us at AHII soon.HSBC offers total flexible loan.i have heard about fixed loan as well,offered by insurance company.i wonder would it be better to have a fix one.Hmmm...
Visited some website about the fengshui as well.dun reli understand what they mean.mayb i will buy a book for it.8 mansion and bla bla bla.mayb will go for Joey Yap website and books.
started to do my budget plan for reno and general deco.From main entrance up to balcony,can't really afford costly things.will try to go for useful things 1st.start to imagine i carpent some of my deco.
Well,is all about $$$...
Visited some website about the fengshui as well.dun reli understand what they mean.mayb i will buy a book for it.8 mansion and bla bla bla.mayb will go for Joey Yap website and books.
started to do my budget plan for reno and general deco.From main entrance up to balcony,can't really afford costly things.will try to go for useful things 1st.start to imagine i carpent some of my deco.
Well,is all about $$$...
Aman Heights II Bukit Serdang
Aman Heights II, our 1st home...check the show unit and phase I,great.just kinda built up that both of us desired. B-8-5 plus free carpark,LG55 & 57..1238sqft settled at RM206,800 and estimated to be finished by mid of year 2010..will go for 200K loan...Salesperson Sam Chew looked kinda nice...cheaper maintenance fees from 0.145/sqft but it will cost us RM180/month..our 5-10yrs plan to be here...1 master 2 small room,2bathroom,1utility room ,a yard and a balcony..hope the route that purposed to bypass to sg besi-puchong will be approved...
i have tried to drive from IRIS to here,ard 10km which is still ok to me..toppest area of bukit serdang..last saturday we walked there in 25mins from fp house..quite an exercise..well,can't wait to have our own house...1 bedroom,1studyroom and 1 changing room/guest room..wah,kinda perfect..have to start planning nw,especially the cost..fp has started to imagine her balcony garden...
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