Sierra Residency, Bandar Kinrara
Update Jun ‘07: We’ve some latest photos here.
Update Feb ‘07: We’ve some latest photos here.
UPDATE DEC ‘06: Reader Cel has forwarded some photos taken of the earthworks at the site recently, you can view them here.
UPDATE JAN ‘07: For some latest photos taken in January 2007, please click here.
We were at the soft launch yesterday, where they were offering 10% instant discount for the first 100 buyers. Suffice to say, this event with limited publicity really generated a lot of buzz, with a lot of units snapped up over the weekend. Helped a lot when the price of the units were cheap.
At first we weren’t planning to drop by this place, but we saw the small signs along the side of the Sg. Besi-Puchong road. Intrigued, we followed them into Bandar Kinrara. On first impressions, we suspected that that it wasn’t part of I&P’s series of homes, since they usually advertise via buntings and near their sales office. But we knew pretty well that there would not be another developer in Bandar Kinrara, given the exclusivity of the development.
As it turns out, this project is really in Bandar Kinrara, and is developed by Pembinaan Sierra Mal Sdn. Bhd., a contractor who is mainly doing works for BK.
On first impressions, this condo looks like Saujana Residency in SS16 Subang Jaya, in the sense that it has two identical mirror-image low-rise stepping-up towers encircling the pool area. If you put the 2 products side-by side and you’ll see what we mean. Anyway, small matter.
The location of this condo is in BK5, with some low cost homes on one side and hill-slopes on the other. We’ve reviewed the overall development of Bandar Kinrara before, you can read it here for our take on the accessibility, quality, connectivity and potential of the area.
Development Review: Bandar Kinrara
Also, if you want to read some reviews of the other recent phases in Bandar Kinrara, you can do so here:
Harmony (22′ x 75′ linkhouses)
9@Kinrara (22′ x 75′ linkhouses)
Damai@Kinrara
The Oasis
Back to the Sierra Residency. The product very straightforward. Two similar towers with a total of 256 units, at the moment on the first block is open for booking. The condo blocks face south, with the pool are right at the entrance. So the units either face directly the 4 compass points, and they are also either pool view or not pool view. There are 14 units per floor. Higher floors have less units per floor, due to the step up of the different wings. So plenty of choices for particular buyers.
There are 2 basic layouts, with slight variations here and there. Type A is 1008sq.ft, with 3 rooms. The smaller Type B also has 3 rooms, but at 907sq.ft. Both unit types are easy to like, but Type A has a more spacious yard. With the glass façade at the living, they have done away with the need of balconies, and one benefit is a larger living space. Master bedroom comes with walk in wardrobe.
In the centre of the condo, there is a wading pool and swimming pool. Other facilities include security, a childcare centre, gym and multi-purpose hall. This place is thick on the facilities, but they obviously realize that Bandar Kinrara lends a lot of these facilities nearby, plus more facilities here mean higher price and maintenance fees. At least one parking spot per unit, some covered some open air.
We come to the pricing. It’s cheap – starting from about RM110k to RM189k. (not including discount). They are packaging some home security freebies together with the unit.
There are a lot of good things going for this place. It’s freehold, it’s cheap, it’s low density. And it’s in the well-planned Bandar Kinrara, so at least you know in the future it won’t turn into an overcrowded and unplanned housing / commercial area. From the looks of it, they are targeting the upper-middle class residents of Bandar Kinrara to invest here and rent out to students or young working people. On the downside, the developer is new. Previously a contractor, doing works around Bandar Kinrara. Anyway, we are pretty sure the 256 units will be snapped up in no time.
One question, though. The full name to this condo is “Sierra Residency Modern Apartments@Bandar Kinrara”. What’s with the “Modern Apartment” bit? As opposed to, what, “old fashioned“?
| Project Name | Sierra Residency |
| Location | Bandar Kinrara |
| Description | low-rise residential condominiums |
| Land type | Freehold |
| Land Encumbrances | charged to BCB Berhad |
| Price | RM110,800 to 189,000 (from about RM122psf to RM187psf.) |
| Unit size | 907 to 1,008sq.ft |
| No of units | 256 |
| Launch Date | booking now available |
| Expected Completion | Oct 2009 |
| Developer | Pembinaan Sierra Mal Sdn. Bhd. |
| Website | www.sierramal.com.my |
| Contact | 03 – 5632 2622 |
Hi administrator,
Thanks for this review, I am shocked that they had a soft launch without inviting registered purchasers like me. Hopefully I am still not too late to enjoy the 10% discount for the first 100 purchasers since you mentioned that a lot of units were snapped up over the weekend.
Comment by yk — September 26, 2006 @ 9:10 am
It is very hard to apply for Streamyx in that area. Have wait in queue for years to get it. Other alternatives, like Jaring/Maxis Wired or Wireless does not cover that area.
Comment by Andrew — September 26, 2006 @ 10:34 am
yk,
a lot of ppl were surprised it was realy publicised much. maybe they reckon the could sell out the 100 units from the people in BK (and so happen to be in the golf club that weekend) alone.
i’m not sure if they’re extending the discount period, you should really query them on it…
Comment by Administrator — September 26, 2006 @ 11:16 am
Looks like a pretty good offer. Years to get Streamyx??? - Scary man!!
Comment by Neo — September 26, 2006 @ 11:23 am
actually, a LOT of places around the Klang Valley face this problem, even those that have been developed for 5-6 years… TMNET can’t keep up with it.
Comment by Administrator — September 26, 2006 @ 11:28 am
YK
you not the only one who no get the invitation
me also not get
Comment by Terry Lee — September 26, 2006 @ 1:44 pm
Someone told me there is a proposed Kajang Subang highway along the main road infront of the apartment (Jalan Kinrara 5B) linking to Pusat Bandar Puchong. Is is true? Check with the developer who mentioned there is no such highway, but then again how many developer would tell it all!
I’ve checked the Lembaga Lebuhraya Malaysia website, but there is no mention of such highway. It would definitely affect the value of this apartment.
Comment by yk — September 27, 2006 @ 12:51 am
any idea what is the latitude and longitude? I would like to find the location on Google Earth.
Comment by kokpin — September 27, 2006 @ 2:41 am
I received the invitation..:) only yesterday….
Comment by jaja — September 27, 2006 @ 8:32 am
Another soft launch in this coming weekend from 10.30am to 6pm. Please bring RM2000 deposit. It’s 10% for first 100 purchasers, FREE legal fee for S&P & Loan Agreement and Free Home Security System worth RM1800.
I’m scared to buy the project which is not started yet. Still trauma with the TALAM project. But the price, the location and the design is very impressive.
Comment by jaja — September 27, 2006 @ 8:39 am
I went to look at the location, really good. Quiet and serene surrounding, especially near the golf course. One thing I’m concerned about is why so cheap and no reputation of developer. This sounds too good to be true…
Comment by lk — September 27, 2006 @ 10:45 am
Hi guys, I just phoned them and found out that the 10% discount still available, this implies that the buyers haven’t reached 100…
Comment by Jay — September 27, 2006 @ 5:13 pm
hi guys, i been to the sales office and the site also, i think quite a nice one but like you guys say maybe it is too cheap already but still can have a try, today i seeing them cleaning the land (small mountain) already
Comment by Terry Lee — September 27, 2006 @ 6:05 pm
Cheap also want to complain. Do u think that if you buy a RM500k apartment, your chances of being shortchanged, given a poor product etc etc will be lower? Geez! Maybe, Kinrara is not a hot rental location-lah.
Comment by Wicked April — September 27, 2006 @ 7:16 pm
Drop by Kinrara golf club last evening to check it out. The sales/bookings have reached 95! I don’t understand why everyone is saying that its so cheap. Per square foot wise if RM 122 psf (which by the way only applies to 4 units per block and already been booked!) it’s OK, but at RM 187 psf, I don’t know. Even at RM 169 psf after 10% discount, its high. Might as well go for the 22′x75′ Harmony linkhouses at RM 169 psf. Got land some more. Hmm…. I wonder if the 10% discount is a marketing gimmick….
Comment by yk — September 28, 2006 @ 12:55 am
From Google Earth, 3° 2′16.38″N, 101°38′48.32″E
Comment by lk — September 28, 2006 @ 4:20 pm
Hi guys,
The monthly maintainance fee is 0.15sen/sqf, do you think this charge is acceptable? Friends of mine just been there today, they said the developer will take care in the 1st year, second year onward will hand it over to residential community to look after.
Comment by Jay — September 29, 2006 @ 9:31 pm
Asked them why they did not invite registered ppl during the soft launch. Seems like it was for closed friends and relatives only. Anyhow they have extended discount for purchasers after the first 100, as well.
They told me the maintenance fee plus sinking fund is 0.16sen/sf, which I felt is OK as a friend of mine is paying 0.18sen/sf for an apt in Petaling Jaya, with similar facilites.
Comment by yk — October 1, 2006 @ 1:06 am
Knew this project from web-site. went to see preview on friday 29th sept. but my favorite unit 1008sqft facing pool n entance all fully booked. sales person told me to come back on saturday 10am which was their tower 2 launching. but because of kiasu-ness, i came as early as 8am, and only to see 1008sqft unit facing pool and entrance from 4th floor onwards all fully booked. i had no choice but to confirm level 4 unit on block 9. it’s still my choice and the only problems matter was lower floor.
overall, i was quite satisfied with the buiding concept. FYI, i booked Heron but cancelled it. Heron seems to be higher in price, leasehold tittle, and location not good. design both same, with walk-in wardrobe. but heron had balcony, sierra simple lanai concept. but i do not regret considering of cheaper price, and location which wld appreciate once completed.
Comment by TEC — October 3, 2006 @ 9:34 am
hopefully the developer can offer cheaper interior design package with relevent interior designer for its all soon-to-be residents, which is currently done by Heron.
Comment by TEC — October 3, 2006 @ 9:41 am
Hi Tec and All,
It seems it is selling like a hot cake!! 4th and 7th floor of block1 facing pool and entrance were still available last Thursday but it seems all gone now. One question, TEC, is Block2 has the same price as Block1 for the same level? Is the 10% discount still valid for Block2 (in your case)?
Thanks.
Comment by Jay — October 4, 2006 @ 1:02 am
Guess what! I’ve just received my so-called ‘Priority Registrants’ invitation for exclusive preview of this project yesterday, for the period from 7-10-2006 to 15-10-2006.
Almost 70% booked and they tell me Priority Registrant? Somehow I have no confidence in the developer due to their unprofessionalism. Simple things like this they mess up, I just can’t imagine… I hope they are not constructing the project themselves, coming from a contractor background, for the sake of all purchasers. There will always be this element of conflict of interest.
Comment by yk — October 4, 2006 @ 1:15 am
Price similar with tower 1. i still got 10% diskaun when i booked on saturday. this made up the price of rm146k for a 1008sqft level4 facing pool and entrance, n minus the rm2k we paid for dwnpayment, price is rm144k. so jay, have u booked 1?
yk, sorry to hear about ur case, but if things are done on first come first serve, y not u come earlier? probably ur priority registration will be reserved for another newly launching condominium next to sierra. this time around i believe u don want to miss the opportunity. if they say 1030am, go as early as 8am to secure a good unit. good luck.
Comment by TEC — October 4, 2006 @ 9:40 am
I booked a unit on last Saturday. The sales person said I am the lucky person, cause I see the signboard and check in the web, getting known the 2nd soft lunch last Saturday.
YJ, you are not the one received the invitation late, the developer send out almost 2000 invitation card, but mostly confirm will received it late. Total units not much, only 256 units, most of the low price units has been snapped when I there.
Comment by yan — October 4, 2006 @ 1:52 pm
I haven’t put my name down yet ;( Probably too late to snap a nice unit facing to pool and entrance, but I’ll try my luck again tomorrow. For about RM130/sqft in such reasonably established area I think it won’t go too far wrong.
Comment by Jay — October 4, 2006 @ 8:34 pm
Book already, seem like many insider purchase already, so since many insider purchase i think the project will be okay, if not who going to buy it?
Comment by Terry Lee — October 5, 2006 @ 9:23 am
u guys think when the project will be completed? as stated in the brochure and for normal finance prediction, it takes three years to complete. but since the bookings had exceeded 60%, think developer will ‘quicken’ the project and complete in less than three years, or maybe two years?
Comment by TEC — October 5, 2006 @ 3:26 pm
i was told by the sales inside that, the cheapest units were bought by professionals such as lawyer, doctor etc to rent out as investment. afraid sooner or later it might end up with ‘foreign worker nest’?
Also, the bank loan officer was telling that the purchaser mainly r chinese.
wat do u think guys?
Comment by TEC — October 5, 2006 @ 3:30 pm
Sales people said told me that there is 30% allocation for bumi purchasers. So when the sales reach 70% for non-bumi, the balance units would be reserved for bumis only.
I’m also worried about yk’s comment as I purchased an apartment developed and constructed by the subsidiaries of the same group of company, very bad workmanship! Fortunately manage to sell it off. What is everyone opinion on this?
Comment by Cel — October 6, 2006 @ 12:58 am
heard that this is their first project, they don want to downgrade their image, so i guess everything should be in reasonably quality.
Comment by TEC — October 6, 2006 @ 4:03 pm
the developer start rushing ppl for the loan already…….
Comment by Terry Lee — October 11, 2006 @ 11:41 am
my loan still under process. applied for alliance savelink, good package, local bank with overseas bank package…
Comment by TEC — October 12, 2006 @ 12:33 pm
mind to share ur purchase unit?
TEC TH2 03A-09
Comment by TEC — October 12, 2006 @ 12:34 pm
what is the rate for alliance savelink ?
Comment by yan — October 12, 2006 @ 5:06 pm
我很满意订购了 good
Comment by s&j — October 13, 2006 @ 1:15 am
S & j, wats ur satisfaction?
Comment by TEC — October 13, 2006 @ 9:52 am
Mine is special rate upon request, where:
Loan amount: RM146k
Options: MRTA and ZEC with current account facility
Tenure: 30 yrs
First 5 yrs: BLR - 0.8% (installment RM880)
Thereafter BLR - 1% (installment RM850)
Comment by TEC — October 13, 2006 @ 1:10 pm
my unit is 0611 and my friend 0610
load still not yet aprrove
i going for Alliance or UOB not yet confirm
Comment by Terry Lee — October 16, 2006 @ 12:54 pm
TEC, how u get special rate ?
Mine loan is approve, but still looking for more special package.
My unit is 05-03A.
Comment by yan — October 16, 2006 @ 1:28 pm
yan, previously i had submitted loan on the Heron to OCBC. OCBC approved it by giving me 30 years with MRTA compulsory. Their rate 1-3 yrs:BLR-1% Thereafter:BLR-1.15%. it’s very good on rates where i ‘untung’ two years interest if compared to UOB. But then i had decided not to buy Heron and so i submitted OCBC offer letter to Alliance. and thats how i got special rate.
Comment by TEC — October 16, 2006 @ 4:59 pm
yan and terry, both of u din mentioned which tower?
Comment by TEC — October 16, 2006 @ 5:01 pm
hehehe of course tower two laaaaaaaaaa
got two cover car park maaaaaaaaaaaaaaaaaaa
Comment by Terry Lee — October 17, 2006 @ 9:39 am
I still checking the lawyer fees to bank and the bank charges, duno how much it will cost………
Comment by Terry Lee — October 17, 2006 @ 9:41 am
TEC,Mine is Tower 1.
OIC, good idea to get special discount ah !
I visit Heron show unit too, but I make decision not to buy.
Comment by yan — October 18, 2006 @ 9:46 am
Terry, the lawyer fee will as below :-
1) lawyer fee 1% of ur loan amt + 5 % Govr.Tax on the 1% amt
2) Processing fees 0.5% of ur loan amt
3) Disbursement fees will cost around RM 1200-1500 and
other charges,
So, total will cost around RM 3,200.00 if ur loan amt is RM 100K
Comment by yan — October 18, 2006 @ 9:54 am
Pls take note the Deposit RM 2000 can be deduct from your loan amt.
Comment by yan — October 18, 2006 @ 9:56 am
alliance bank will give u all tat free. no need to pay a single cents. move in condition and u need only pay 2k for ur initial d/p.
i wonder how they deduct 2k from ur loan. because the loan amount will be based on s&p price minus the 10% from developer. tis haven deduct ur 2k. so they will submit tat minus 10% price, not the minus 10% and 2k price.
wats ur comment then?
Comment by TEC — October 18, 2006 @ 10:12 am
TEC,
yours one call zero-cost entry package, which will include the amount into your load, end of the day you need to pay more since it count interest….. anyway I still waiting my sutpid loan to approve……..
Comment by Terry Lee — October 18, 2006 @ 12:50 pm
Sale people told me that the RM 2K deposit cannot be deducted from loan or refunded. It would be used to settle future utility deposits etc, as stated in clause 9 of Letter of Offer.
Signed SPA recently, anyone noticed that the area of the apt is reduced!! Mine is 987 sf. But SPA said 89.86 sm (967 sf) the other 20 sf is the A/C Unit area next to the Wash area. My question is, can they do this? I can’t use the A/C area!! Isn’t this false advertisement? The price psf would have change drastically too!!
Comment by Cel — October 19, 2006 @ 1:51 am
Cel, true or not, i haven signed spa yet, got to confirm it….
Comment by TEC — October 19, 2006 @ 9:17 am
2k deposit can be deduct. U can check with Ms Koo (Senior officer), she will explain how 2k deduct from the loan amt.
Comment by yan — October 19, 2006 @ 12:17 pm
UOB today call me, the loan only approve 80% due to the reason that the property over price 10%. This reason also can i really no commen, and so more pannel bank……..
Comment by Terry Lee — October 19, 2006 @ 3:11 pm
how is your guys loan?
Comment by Terry Lee — October 19, 2006 @ 3:41 pm
Yan, Miss khoo is sierra officer? wats her contact?
I got offer from Alliance oredi. UOB still under process.
Alliance Savelink Housing Loan (0 entry cost) with MRTA but optional. 1st to 5th year at BLR - 0.7% thereafter at BLR - 1%. monthly:rm918 five years, thereafter rm892.
Comment by TEC — October 19, 2006 @ 5:04 pm
TEC, Ms Khoo is Sierra Officer. Tel refer to the brochure.
Is better to use up the 2k, other wise Sierra will keep it for further use up like elec,water deposi, can save loan interest.
Comment by yan — October 19, 2006 @ 7:02 pm
I check with developer. We can use the a/c area, the SAP didn’t add the size is cause the a/c area will code under accessories area together with parking. FYI, The M/T fees is calculate the a/c area.
The L/O is stated in SM, u can multiply ur SM by 10.76, than will get your hse sf. The different sf will be ur A/c area.
Comment by yan — October 19, 2006 @ 7:14 pm
I’m looking for loan also. Any recommendation? i bought a block-B S&P price is 150k
Comment by kk — October 19, 2006 @ 11:56 pm
Tec,
better dun expect UOB, since it wil not release 88% of the loan to you, my friend without commitment only can get 85%
Comment by Terry Lee — October 20, 2006 @ 8:52 am
yan, normally people don expect too much about the land occupancy. if it is so coincident tat next time u gonna sell it, u can mention 1008sq ft as per brochure. because sierra’s selling point is not its size, but more to the convenience, such as developed bandar kinrara area, easy accesibility, public amenities, guaranteed rental return, etc.
terry, uob offered me intelligent home loan which is a conventional loan, while alliance offered me savelink which is the flexi loan. FYI, uob now oredi can offer 90% of the loan. tis is confirm by the sales ppl there. 1 point i like about the uob is its monthly installment is lower compared to alliance and only up to 25 years, same amount. alliance 30 years. but 1 thing i don like is its non flexi package. i have a certain amount to debit into the loan account. with flexi package, i can put into the current account(savelink package link with current account) and let it dedect the interest, and at the mean time i have the convenience of withdraw it anytime and anywhere without charges. i am thinking of to withdraw money after completion to do some renovation and buy furniture. with uob, i can put in tis extra money but the extra money is credited into ur loan account and u cannot withdraw it. to withdraw rm50 will be charge. and it’s not link to current account. so u have to instruct or pay it by urself.
Comment by TEC — October 20, 2006 @ 9:28 am
yesterday the bank office call me and tell me the UOB did not offer 90% loan due to the reason that the project is over price, so this make me really angry on the bank, they only offer me 80%, so no point taking UOB, which alliance already confirm offer me 88%
Comment by Terry Lee — October 20, 2006 @ 12:24 pm
er… I come aross this link, maybe you guys can try to discuss here also http://www.realestate.net.my/forum/viewtopic.php?t=3139&sid=b88f18dfc2117c6451a3404db8ec03e7
Comment by Terry Lee — October 20, 2006 @ 12:26 pm
any contact for applying the bank loan? which bank is having a best rate?
Comment by kk — October 20, 2006 @ 2:46 pm
jz went to hong leong. they insist theirs is the lowest. i asked for mortgage plus. but told them to offer me same rate as alliance and uob. they said only uob could ‘harm’them. so they let me bargain on uob rate if i get the offer letter. so now still wait for uob offere letter. one thing is they don have multi tier for under con project.
Comment by TEC — October 20, 2006 @ 4:19 pm
Wah! M/T fees also include A/C area!!! How can!!!
Yan, are u sure about this? This is daylight robbery…They might as well include the areas for car park in the M/T fees. Must check with my surveyor friend.
TEC, ‘guaranteed rental return’? since when…Did the developer offer this?… Am I missing out on something?
Comment by Cel — October 21, 2006 @ 12:52 am
er….
the Alliance Bank office told me that the m/t fees exclude the air-con area wow
now now who info is the real one?
Comment by Terry Lee — October 21, 2006 @ 1:12 am
Alliance Bank reply me on 88% loan and UOB only 80%, citibank still waiting
Comment by Terry Lee — October 21, 2006 @ 1:14 am
TEC, may I know the person incharge of ur loan in Alliance Bank? Want to request for a special rate also. I presumed ur earlier loan package of BLR-0.8 for 1st 5 yrs & BLR-1.0 thereafter is based on their conventional loan package. Seems like they hv 2 options; Savelink & Conventional. Savelink puts me off cos of additional monthly charges & set up fees!
Comment by Cel — October 22, 2006 @ 1:31 am
Cel, he is from puchong branch.
Comment by TEC — October 26, 2006 @ 5:28 pm
Anyone got a loan from Citibank? what is the rate & offer? Thanks,
Comment by kk — October 29, 2006 @ 3:20 pm
citibank
1 yr to 6 yr BLR-0.90
after BLR-1.00
BLR = 6.8
If i not mistaken
Comment by Terry Lee — October 30, 2006 @ 8:59 am
BLR for citibank are at higher 0.1% than the rest of the bank. they offer multitier rates and if u have their credit card, they rates will be lower.
Comment by TEC — October 31, 2006 @ 11:14 am
guys, have u done any survey on adjacent new development around sierra? coming up on next month launching is Kinraramas apartment on BK2. wats ur comments on this?
Comment by TEC — October 31, 2006 @ 11:17 am
and how about:
1. koi kinrara at bandar puchong jaya
2. koi legian at taman mawar
3. koi tropika at puchong hartamas
4. aseana condo at bandar puteri
5. bayu puteri at bandar puteri
6. vistaria at puchong perdana
7. the heron residency at bandar bukit puchong
8. nilam puri I and II at bandar bukit puchong
9. savanna at bukit jalil
10. villa pavillion at bukit serdang
11. aman heights at bukit serdang
12. serdang ville at serdang raya
13. east lake residency at serdang perdana
14. fortune park at serdang perdana
15. bayan villa bukit ikhlas
16. endah puri at seri petaling
17. suriamas at sunway
????????????????????????????????????????????????????
Comment by TEC — October 31, 2006 @ 11:26 am
terry, u r right, UOB offer me only 85%….
Comment by TEC — October 31, 2006 @ 2:58 pm
TEC,
some of the projects mentioned in the list have been reviewed here in Property Malaysia:
koi kinrara
aseana puteri at bandar puteri
bayu puteri at bandar puteri
vistaria at puchong perdana
the heron residency at bandar bukit puchong
nilam puri at bandar bukit puchong
savanna at bukit jalil
villa pavillion at bukit serdang
aman heights at bukit serdang
bayan villa bukit ikhlas
endah puri at seri petaling
suriamas at sunway
Comment by Administrator — October 31, 2006 @ 2:59 pm
TEC,
I sign for Alliance bank already..
since they provide 88%
maybe in future refinance to citibank..
Comment by Terry Lee — October 31, 2006 @ 3:31 pm
now still waiting for hong leong, if offer not good will sign alliance instead.
Comment by TEC — October 31, 2006 @ 5:32 pm
just wandering y the developer did not rush us
Comment by Terry Lee — October 31, 2006 @ 9:47 pm
have u guys start to find interior desgner?
Comment by TEC — November 1, 2006 @ 4:00 pm
wow
tec that one no need too fast
still a lot time to wait
Comment by Terry Lee — November 1, 2006 @ 9:04 pm
People, I’m really worried about this developer. I received 3 identical letters from the developer ‘Re: Reminder-Issuance of Loan Offer Letter’ dated 9-10-2006, 11-10-2006 & 12-10-2006.
Show’s how inexperience they are not to mention waste of resources! let’s just all cross our fingers and hope that nothing goes wrong with the project!!!
Comment by Cel — November 1, 2006 @ 11:32 pm
hehehe
i did not receive anything from them yet, just a call last month.
Comment by Terry Lee — November 2, 2006 @ 7:55 am
Me totally did not receive any call or any letter. Just loan offer letter.
Comment by TEC — November 2, 2006 @ 9:19 am
Any recommended interior designer for our 908 and 1008sqft sierra?
Comment by TEC — November 2, 2006 @ 9:20 am
Did u guys notice or not actually the livinf and dining are very small, i.e. 3300 width only. i have been survey around all new projects, most are above 3300…
Comment by TEC — November 2, 2006 @ 9:25 am
since dun have show room really hard to imaging, anyway the ID i plan to find after the apartment finish
Comment by Terry Lee — November 2, 2006 @ 11:34 am
TEC, 1st house to you ? u are so happy !
Comment by yan — November 2, 2006 @ 7:27 pm
Maybe my other 2 letters are for you, Terry Lee and you TEC!!!
Anyway UOB offering BLR-1.0% for 1st 5 years and BLR-1.15% thereafter, BLR=6.75%. However not Zero Cost, but can cut down interest and loan tenure if installments are made forthnighly based on half of monthly installment amount! Any better offers out there?
Comment by Cel — November 2, 2006 @ 11:22 pm
Cel,
hehe
I don’t think i need that letter already ho ho ho
anyway after seeing UOB, Citi and Alliance Bank,
i found that alliance office better
so i take alliance, since UOB in term of credit, they seem worry too much, so max % can get only 85%
Comment by Terry Lee — November 3, 2006 @ 9:43 am
actually i more concern on the mysterious dead-end road beside the apartment, if government built up something ‘unwelcome’ then the apartment price will drop like hell….
Comment by Terry Lee — November 3, 2006 @ 9:49 am
Yan, it’s my first hse….
Terry, the dead end road is not linkable to pusat bandar puchong?
Jz get the news, HRunited is launching Kinraramas, which comprises of medium cost apartments and 3 storey garden terrace hse. Aprtment price starts from rm163k while terrace hse starts frm rm400k. the apartment build up is quite spacious, i.e. 1091sq ft. wat do u guys think about these?
Comment by TEC — November 3, 2006 @ 10:10 am
that one is lease hold neh
Comment by Terry Lee — November 3, 2006 @ 12:20 pm
The Kinrara Mas project is Freehold too! Dunno about the total No. of units, but the apt layout quite similar to SR, only with a balcony and the extra built-up. From the leaflet, it looks like a 20 storey building.
Seems like every unit comes with 2 covered carparks. Better finishes too! They have 600mm x 600mm porcelain tiles and the bathroom wall tiles up to ceiling height!
Comment by Cel — November 4, 2006 @ 11:34 pm
Hi administrator,
Any chance of a review of this Kinrara Mas project? Seems like they are launching over this weekend.
Thanks.
Comment by Cel — November 4, 2006 @ 11:39 pm
mm
seem like kinrara mas also not bad neh…
Comment by Terry Lee — November 5, 2006 @ 9:49 pm
Good news, we have reviewed the KinraraMas project, you can see it here.
Comment by Administrator — November 5, 2006 @ 11:36 pm
Thanks for the prompt review of the Kinrara Mas project. Will check it out as well.
Comment by Cel — November 6, 2006 @ 12:26 am
The mysterious dead-end road is not a dead end! Jalan BK 5B will be eventually linked to Persiaran Wawasan in Pusat Bandar Puchong. The HILL will be developed by the Selangor state investment arm, PNSB and 2 private companies. Please refer to the following article in The Sun: -
http://www.sun2surf.com/article.cfm?id=13629
Unless the protest by the residents in Pusat Bandar Puchong is successful, the project will go ahead!
Comment by Cel — November 6, 2006 @ 12:50 am
kinraramas projects are freehold. i went to their show room yesterday and quite dissapointed. first it’s location wise where the entrance would be from old jalan puchong turining into army camp. i personally think that it’s not good due to traffics congestion there. next come to the overall concept of the whole project where this apartment is targeted those medium class and above where the price range from the lowest 163k to 2++k. with pool view and terrace garden u have to pay higher. and that’s make up the price to above 200k which i think u had plenty of choices at PJ area. then they are too densed with >10 units per floor. swimming pool size is small, i personally think it’s not even to call a swimming pool. however their built up it’s spacious considerd at these price range. 2 car parks are only available for those purchasers purchase 1200sqft and above.
Cel, the built up is not similar like sierra. i still think that sierra is a good buy considered its peaceful surroundings. i went to see the construction progress and drive around the area. to my surprise, many banglo units are found especially at BK6. i thinks this is the plus point to raise up the status of BK!
Comment by TEC — November 6, 2006 @ 9:36 am
jz to let u guys noe, the sales not even 40% after 2 days launched.
Comment by TEC — November 6, 2006 @ 10:18 am
Cel,
So the ‘dead end’ will become another low cost apartment?
Comment by Terry Lee — November 6, 2006 @ 11:33 am
I bet they didn’t give 10% discount since the sale is so slow . . . . .
Comment by yk — November 7, 2006 @ 12:14 am
er…
if you are bumi, maybe can get your 7% kua hahaha
Comment by Terry Lee — November 7, 2006 @ 8:58 am
tats true, witout 10% discount a bit slow. the SA said good thing no need diskaun. i wonder with sales not even hit 40% they can say it’s good thing?
Comment by TEC — November 7, 2006 @ 5:11 pm
tats true, witout 10% discount a bit slow. the SA said good thing no need diskaun. i wonder with sales not even hit 40% they can say it’s good thing?
Comment by TEC — November 7, 2006 @ 5:11 pm
hehehe
good thing no need discount
so not one buy lo
hahaaaaa
Comment by Terry Lee — November 8, 2006 @ 8:52 am
This project very weird. When I signed the S&P, there were no building plans attached. Asked the lawyer’s rep, and she said its not ready yet and will have to sign the building plans pages later. Is this happening to everyone else?
Received another 2 copies of identical letter from the developer ‘Re: Reminder-Execution of Loan Documents’ both dated 30-10-2006 (dunno why this developer like to send me letters in duplicates & triplicates!), reminding me to execute the loan docs within 7 days. The letters were only sent out on 6-11-2006, and I only received them on 8-11-2006. Time already pass lo, how? This developer likes to back dates letters as well!…
Shouldn’t the execution of loan docs be done after the S&P is stamped. I am very confuse. Is this developer doing things differently. Please share ur views on this.
Comment by Cel — November 9, 2006 @ 12:48 am
er…
never receive any letter
Cel you in tower one or tower two?
Comment by Terry Lee — November 9, 2006 @ 4:53 pm
cel
in contract law, the reposibility only take place when the letter is send out, since it is already pass dated so you can call them and scold.
Comment by Terry Lee — November 9, 2006 @ 4:55 pm
Terry,
I bought Tower 1 … I will reply & ’scold’ them officially so that there is black and white if they try to be funny!
Btw, do u have the same problem with the S&P? Have u sign ur loan agreement yet?
Comment by Cel — November 10, 2006 @ 12:40 am
i don’t have any problem yet
i just send my loan agreement last week and also apply the bank account, my other friend still panding for the bank loan.
we both in tower two…..
Comment by Terry Lee — November 10, 2006 @ 9:14 am
i placed deposit in oct. now waiting for loan agreement to be approved. i wonder wthether this developer would encounter any financial problem in future since they didn’t take the 10% downpayment from us.
Comment by kl — November 12, 2006 @ 11:54 am
Do you guys realize the unit all no balcony…
Comment by achin — November 13, 2006 @ 4:30 pm
achin, u shld noe b4 u buy. v r noe there is no balcony. only 300′ lanai.
i m going to sign spa n loan aggrement. what shld i beware 2?
Comment by TEC — November 13, 2006 @ 5:04 pm
TEC, ask the solicitor to explain what are the contents in yr loan agreement before signing, you have the right to ask. (although they are from developer’s panel solictor or free charges). Never trust “all are standard” statement! Look at the package you have chosen, BLR agreed rates, tenure etc.
Comment by Scott — November 13, 2006 @ 9:49 pm
look for PBB , quite good rate 1st year 3.78%, 2nd yr BLR -1%……and u r in the running for contest as well
Comment by achin — November 14, 2006 @ 9:08 am
Hey Guys , anybody know about they doing “Giant” at BK 5B, really true ha..?
Comment by achin — November 14, 2006 @ 11:43 am
thanks scott..
Comment by TEC — November 14, 2006 @ 12:31 pm
no idea oooo
Comment by Terry Lee — November 14, 2006 @ 4:14 pm
two Giant at puchong, 1 at bandar puteri, and this new 1 at BK?
Comment by TEC — November 14, 2006 @ 4:37 pm
Yes, there will be a Giant in BK5 next to the main road. I’ve taken some photos and will be posting them up soon.
Comment by Administrator — November 14, 2006 @ 4:47 pm
Thanks for the information to the adminitrator..very useful….hope u can post some photos for that..
Comment by achin — November 15, 2006 @ 9:15 am
OOOOOoooo
then will it be JAM again??
Comment by Terry Lee — November 15, 2006 @ 10:50 am
JAM, is good , means demand a lot and future value is good for the township….
Comment by achin — November 15, 2006 @ 10:59 am
wat r the content in SPA? any particular section need to pay attention to?
Comment by TEC — November 15, 2006 @ 5:18 pm
i will go to sign the document with the lawyer tomoro
Comment by Terry Lee — November 17, 2006 @ 11:23 am
i’m signing SPA tomorrow also.
any withdraw?
Comment by kl — November 17, 2006 @ 1:36 pm
nothing much
just hope that developer not going to run away hahahaha
Comment by Terry Lee — November 17, 2006 @ 4:13 pm
i also signing tomorow. hope to see u guys there at golf course…
Comment by TEC — November 17, 2006 @ 5:46 pm
Wrote to the deveoper and scolded them for writing so.. many.. many letters to me, and got a prompt phone call from them apologizing for their computer sistem. It seems that many people also complaint to them about this matter. Wonder why u guys in this forum didn’t receive such letters.
Comment by Cel — November 17, 2006 @ 11:53 pm
Spoke to the Developer’s lawyer, and were told that the developer has insisted that the loan agreement must be signed first before we can signed the SPA. Otherwise have to pay 10% deposit. Is this happening to everyone?
I don’t wish to sign the loan agreement yet as I’m still shoping around for a better loan package! Don’t know why the developer is doing that. Scared we run away..ah.. unless they have no confidence to deliver as promised!
Do they have the right to force us to sign the Loan agreement first?
Comment by Cel — November 17, 2006 @ 11:58 pm
er..
i think that is the procedure kua……….
anyway all the document sigh already
so now waiting for the house loo
Comment by Terry Lee — November 19, 2006 @ 9:30 am
me also signed all document. so now waiting for the hse lo…
Cel, don fussy la, quikly choose 1 la. first few years loan isnt different much if u stick to 10% downpayment only. thinking of refinancing, then look at the first 5 years only….
Comment by TEC — November 20, 2006 @ 10:12 am
me also signed all document. so now waiting for the hse lo…
Cel, don fussy la, quikly choose 1 la. first few years loan isnt different much if u stick to 10% downpayment only. thinking of refinancing, then look at the first 5 years only….
Comment by TEC — November 20, 2006 @ 10:13 am
the refinance is my option after 5 years lo
so now dun really care much ho ho ho
Comment by Terry Lee — November 20, 2006 @ 10:19 am
I saw, the place where they going to built our house…now there are few lorries doing “grounding” work..not yet pile….but my camera out of battery that time..so cannot take photo..maybe next time loh.
Comment by achin — November 20, 2006 @ 3:29 pm
the construction beside main bukit jalil highway is Giant?
Comment by TEC — November 21, 2006 @ 9:57 am
yes the construction is the new giant hypermarket. you can see the photos here.
http://propertymalaysia.blogsome.com/2006/11/21/site-progress-photos-giant-hypermarket-in-bandar-kinrara/
Comment by Administrator — November 21, 2006 @ 10:41 am
yooooo..thanks for the info about the new giant…
Comment by achin — November 21, 2006 @ 3:48 pm
the Giant is 2 and half storey.
Comment by TEC — November 23, 2006 @ 11:25 am
i drove around Kinrara to Puncak Jalil new link road last weekend. to my surprise, a lots of low cost units being built there. i wonder if tis would affect BK as new ‘crowned’ prestigious area.
Comment by TEC — November 23, 2006 @ 11:27 am
Tis will draw massive traffic flow from the areas as well
Comment by TEC — November 23, 2006 @ 11:31 am
and talam’s puncak jalil projects…..
Comment by TEC — November 23, 2006 @ 11:34 am
you never know what going to happen after three years
so ……..
Comment by Terry Lee — November 23, 2006 @ 4:20 pm
the development still from the puncak jalil site. BK no more unless…
Comment by TEC — November 23, 2006 @ 4:25 pm
any updates of discussion of BK residents regarding SR?
Comment by TEC — November 24, 2006 @ 9:51 am
Seems like most purchasers of SR in this forum is for own stay rather than for investment … Anyone out there with a loan that doesn’t have a lock in period? If I sell my unit after completion in 3 years, sure kena penalty of RM 5,000.
Comment by Cel — November 24, 2006 @ 11:29 pm
i dun think there is a loan don’t have lock in period loooo
Comment by Terry Lee — November 25, 2006 @ 5:39 pm
There is bank who charge 1% only..i forgot which bank la…maybe southern bank if im not mistaken..
Comment by achin — November 27, 2006 @ 8:42 am
Cel, i know u buy for investment..do you know how much the rental value? with and without furnish?…..
Comment by achin — November 27, 2006 @ 11:30 am
and Cel, how much u think the value will increase upon completion?….
Comment by achin — November 27, 2006 @ 1:23 pm
Cel, stay for two years b4 u sell it off or rent it out. two years not that long, rather than rm5000 penalize. v oredi ‘lost’ to loan interest oredi, no more this rm5000.
Comment by TEC — November 27, 2006 @ 5:34 pm
Hi achin, thanks for the info, I’ll check out Southern Bank.
Comment by Cel — November 28, 2006 @ 12:40 am
Tec, i think the lock up period is a minimum of 5 years.not 2 years.Correct me if i’m wrong.
Comment by achin — November 28, 2006 @ 8:57 am
Apologize Cel, coz i just check wth my friend working at SBB,they also charge 3% minimum, as well as PBB,UOB and any other banks…now they becoming very profit orientated organization lah…
Comment by achin — November 28, 2006 @ 9:43 am
the lock period start from the day that the bank release the loan to the developer……..
so only two year you need to stay in the house b4 you sell it off
Comment by Terry Lee — November 28, 2006 @ 9:55 am
Anyone know that until now Sierra Residency still got empty unit available or not. Plz reply me at johnchow7993@yahoo.com
Comment by John — November 28, 2006 @ 11:08 am
Cel, all bank will have lock-in period for 5 years. so have to stay for 2 yrs more b4 sell it, provided construction take 3 years to complete.
John, all non bumi lots have been taken up. unless problems happen to the loan of the purchaser. only bumi lots available. heard that they are going to distribute flyers to bumi residential area…
Comment by TEC — November 29, 2006 @ 9:27 am
they expect all the lot to be sold out b4 start the work?
Comment by Terry Lee — November 29, 2006 @ 10:15 am
heard that now they still do SI n complete on Dec. after that will begin.
Comment by TEC — November 29, 2006 @ 12:21 pm
Thanks TEC, I want to know where are they sale office locate. Today i go around BK5 i cant find the location, is it near the Bandar Kinrara Golf Club.
Comment by John — November 29, 2006 @ 5:53 pm
John,
The sale office is actually inside Kinrara Golf Club, in one of the function room on the 1st floor.
Comment by Cel — November 29, 2006 @ 11:35 pm
achin, no worries. I’ll just keep hunting!
By the way, I think the rental there should be able to fetch between RM 700 to RM 800, hopefully better provided there are no desperate owners who starts to spoil the market by renting below market rate.
As for the value increase, I’ll be disappointed if it doesn’t appreciate by 10% to 12% in 2 years by 2008, add that to the 10% discount given, it’ll be 20% to 22% $$$. If the developer is serious, it shouldn’t take 3 years to complete a 12 storey building!
Comment by Cel — November 29, 2006 @ 11:54 pm
Cel,Thanks for the info !
Comment by achin — November 30, 2006 @ 8:47 am
the three years period is the due date for them od couse they can finish it earlier, and the law require them maximum three years to finish the project if not need to pay interest to the payer.
Comment by Terry Lee — November 30, 2006 @ 12:13 pm
Hi Administrator..look like this Project sell like hot cake no doubt! BTW how you rate the developer? First timer? Selling price from RM122psf is already extinct now-a-day! From the facade this building use wall curtain! quite expensive bro..just wondering after land cost..wat their profit margin??
Comment by Yee Haa — November 30, 2006 @ 4:19 pm
actually they do save a lot
since not much advertiment, show house also don’t have..
Comment by Terry Lee — November 30, 2006 @ 4:27 pm
How U know they save a lot? Terry? If I’m the developer, with 256 units!..what is chicken feet money of little advertisement to get publicity & also a nice show unit to convince buyers! What is RM120K ALL-IN Not even 0.5% of the total GDV! Just my 2nd thought..
Comment by Yee Haa — November 30, 2006 @ 5:12 pm
I heard the Koi Kinrara (Serviced Apartment) at Puchong Jaya also quick nice. They design of this condo are also very modern and have 2 block, 1 face PJ and 1 face Sunway. Did anyone got comment about this condo coz i got go through many forum that ppl say the Block A & B are 70% sold and now there open for pool view. That place also quick nice and it a windly location. The land type is ex-estate.
Did anyone know who is the main developer of this project beside Lingkaran Naga Sdn Bhd because they have 2 or 3 different name on they showhouse.
If anyone got comment about this condo plz give some comment because i like the place so much and the view very nice. I dont have experience about property bcoz this is my 1st property. Any comment plz email me at johnchow7993@yahoo.com
Comment by John — November 30, 2006 @ 5:32 pm
location: SR in BK5 which is a matured, well planned area.
density: SR has only 200+ units which is considered low rise.
Comment by TEC — December 1, 2006 @ 9:35 am
sales: SR is 100% sold for non bumi units while it’s 80% in total.
Comment by TEC — December 1, 2006 @ 9:36 am
yee ha,
since they are first time developers, we can’t really make a judgement on them yet. but i believe (and this is imho) that they prolly have an arrangement with I&P that they are able to keep the price down.
Comment by Administrator — December 1, 2006 @ 10:11 am
yee ha,
this project actually there is few party invoive,
the developer, land owner, marking ppl and so on, all from diff company one, if not getting profit do you think so much party want to invoive?
Comment by Terry Lee — December 1, 2006 @ 2:58 pm
Hi! Thanks for the infos. Hope they won’t compromise with the workmanship..Errr..are they using form work method? Any specifications ar?
Comment by Yee Haa — December 1, 2006 @ 5:04 pm
There is no curtain wall yee haa, its normal aluminium frame windows only. The perspective is rather deceiving! I’ve asked them about.
If you look at the specifications, they are only standard finishes and bare minimum: No porcelain tiles only ceramic tiles, only 1 fan point and A/C point. Come to think about it, I wonder if the developer would offer upgrading of the standard provision; save us from hacking the walls to add electrical points later.
Comment by Cel — December 1, 2006 @ 11:48 pm
Cel,
I think you suggestion is a good one,
can voice to the devoloper?
Comment by Terry Lee — December 2, 2006 @ 10:09 am
I wonder why they are still offering 10% discount? Already mark up the price ka?
Comment by sifu — December 2, 2006 @ 12:21 pm
cel,
i agree with you.
Comment by sifu — December 2, 2006 @ 12:23 pm
yessssssssssssss
seem they mark up the price
so you can save your 10% for the renovation haha
Comment by Terry Lee — December 2, 2006 @ 5:34 pm
I think all the purchasers need to voice up to the developer so that they realise that their provision of elctrical points is insufficient and that there is a demand for additional points.
I just hope that they don’t take this opportunity to slaughter all of us!!!
Comment by Cel — December 3, 2006 @ 1:53 pm
Hi sifu,
I told u guys in the very begining that the 10% discount is only a marketing gimmick. Of course they are still giving the 10% discount… u must be bumi though as it seems only buni units left.
The actual sale price is the discounted price, they just increase the price so that they can offer a discount to make it more attractive… that’s why some banks says the property is over price, and won’t offer 90% loan.
Comment by yk — December 3, 2006 @ 2:27 pm
so far only UOB think that the price is overprice,
other bank still give the load until 90%
so this is base on the calculation on how the bank value the development only. i been throuhg few bank already, so far only the bank i mention give 85% or less
Comment by Terry Lee — December 4, 2006 @ 9:16 am
about the additional electrical points, i ‘ve already tlk to Mr salleh, the developer he said, we the owner will receive letter in January whether we want additional electrical points.Just wait lah.
Comment by achin — December 5, 2006 @ 2:49 pm
good
thanx man
Comment by Terry Lee — December 5, 2006 @ 3:01 pm
er… how much we going to add first?
Comment by Terry Lee — December 5, 2006 @ 4:43 pm
must be >$$$
Comment by TEC — December 6, 2006 @ 9:21 am
sigh………..
nothing is free tot
Comment by Terry Lee — December 6, 2006 @ 3:57 pm
i suggest if developer could recommend us some interior designer, or set up a show unit of interior design once project completed??
Comment by TEC — December 6, 2006 @ 5:30 pm
this one depend on the third party for ID i think
Comment by Terry Lee — December 7, 2006 @ 9:05 am
Come to think about it, for the price of the apartments, Water Heater and Door Bell point pun tarak… Very stingy developer! Maybe that’s why give 10% discount.
Anyhow, as a guide for everyone the price for additional electrical points are as follows: -
Lighting point (ceiling & wall) - RM 40/pt
Door bell point - RM 40/pt
Fan point c/w hook - RM 60/pt
13 Amp power point - RM 80/pt
A/C point (without pipings) - RM 150/pt
Water heater point - RM 150/pt
Upgrade of sub-main - RM 200
I was also told that the MATV point provided would not be able to receive ASTRO… need to upgrade to SMATV. More $$$
Comment by Cel — December 9, 2006 @ 12:49 am
if that the case need to add another 2.5k
damn………………
Comment by Terry Lee — December 10, 2006 @ 10:07 pm
hahaha, every1 is cheated. if tats the reasons, then v r live in dark la….
Comment by TEC — December 12, 2006 @ 10:07 am
hi admin, any review on Big house Management Services Sdn Bhd Projects such as Kuchai Avenue, Casabella, Dynasty Garden, Suria Homes and GU One?
Comment by TEC — December 12, 2006 @ 10:50 am
hahaha
not cheated
just that i think we assume too much already
Comment by Terry Lee — December 13, 2006 @ 10:16 am
Hi everyone,
Wonder how they worked out the maintenance charges to be 0.16 psf. So far this is only verbal.
Have you ppl notice that the Fifth Schedule of the SPAe, Form of Service Charge Statement, the expences details were left blank!
It feels like signing a blank cheque! What if they said the estimated expenses are higher when they complete the project and that they have to increase the rate? Hai Yah! so much worries…
Comment by Cel — December 13, 2006 @ 11:18 pm
Oh yeah! passed by the site over the weekend… a lot of earthworks were done… Tower 2 area almost same level as the main road oredi. Took some photos but dunno how to post them here!
Comment by Cel — December 13, 2006 @ 11:23 pm
Cel, why dun you email them to me (simonblog@gmail.com) and i will post it up here.
Comment by Administrator — December 14, 2006 @ 9:26 am
the maintainance will only taken care by them i think one or two years after that it depend already, whether to pass to the resident or continue with them.
Comment by Terry Lee — December 14, 2006 @ 10:24 am
Hei guys, i’m new here. May i know is there any more unit available at this moment?
Btw, how to get there (show unit & development site) if i’m coming from sunway pyramid ?
Comment by supermarn — December 14, 2006 @ 3:15 pm
Hie everyone, I just got my first loan approval! And i just found this site for Sierra Residency buyers! This is my first property so i’m really excited! I’m still waiting for 2 other banks to approve. How long can i wait to sign the S and P?
Comment by Passion — December 14, 2006 @ 4:16 pm
superman, non bumi lots is 100% taken, left now is the bumi lots. from sunway, pass the sunway LDP toll to puching, then go straight to bukit jalil n sg besi highway. at bandar kinrara interchage, turn right then follow the sign board to kinrara golf club. the ofis is inside the golf hse. no show unit at this moment.
passion, don bother to sign spa before u decide on any loan. wats the finance u have applied to? as for mine, i choose alliance bank
Comment by TEC — December 14, 2006 @ 5:09 pm
thanks TEC, any idea whether how long the developer will reserve the bumi lot?
Normally how much we need to pay for the booking and the period to sign the S&P? Sorry for this general question becoz never exp in buying any property b4…
Comment by supermarn — December 14, 2006 @ 6:02 pm
the booking fee is 2k,
the bumi lot is require by the government
so hehehehe………….
Comment by Terry Lee — December 14, 2006 @ 6:05 pm
Hie TEC, ok will take your advice. Yes! I’m waiting for Alliance as well. Hong Leong has approved my application, but I reckon the rates are too high.
Supermarn, the bumi lots are reserved for 6 months to a year. I’ve spoken to Mr Ong about it.
Comment by Passion — December 14, 2006 @ 7:12 pm
As it stands over the weekend, only 22 bumi units left, 19 units in Tower 1 and 3 units in Tower 2.
Comment by Cel — December 14, 2006 @ 10:50 pm
wow! selling like hot cakes. i hope at the end of the day, we wont be disappointed. i’m really happy with this purchase.
Comment by Passion — December 15, 2006 @ 8:57 am
Cel has contributed some recent photos of the earthworks at the site, you can view them here:
http://propertymalaysia.blogsome.com/2006/12/15/site-progress-photos-sierra-residency/
Comment by Administrator — December 15, 2006 @ 12:31 pm
Passion, wats the unit u bot? as for me, my unit is at tower2, 4th floor, unit 9, facing pool n main entrance. if u have any problems of homeloan, then u can private message me, k? haha! alliance still the best rate after i had compared all flexi loan from diffrent bank. hong leong’s mortgage plus is a flexi package same with alliance savelink, but they offer higher rates, i.e. BLR + package which i think not suitable for first five years. also, they don offer zero move in cost. as for alliance, they offer me special rate at zero entry cost. the rest of the banks is normal loan even their rate r attractive, n tis include UOB, OCBC and Maybank. (so far these banks offer good rates as they r having promotion now, u can check them out)
It seems tat tower 1 not so sellable due to direction not nice, facing playground and u may heard of loud children noise when they r playing. so still tower 2 is like a hot cake.
Comment by TEC — December 15, 2006 @ 1:06 pm
after you get the offer letter can send to foreign and ask for better rate.
sometime that way can be done.
Comment by Terry Lee — December 15, 2006 @ 1:26 pm
Just waiting for Alliance. God OCBC approval today as well. Actually can get the zero cost package for most banks but i wont be taking the zero cost package. after speaking with many experienced property investors, they said its not worth it so the alliance loan application is not the zero cost one. hopefully can get the approval soon because sierra is calling me up, chasing me …
yes TEC, mine is in tower 2 as well..on the 6th floor but facing north..so not swimming pool lor.
Comment by Passion — December 15, 2006 @ 5:25 pm
TEC, I think Tower 1 is not so saleable more because all the units that are left come with 1 car park only! Seems like most people prefer 2 car parks.
Comment by Cel — December 15, 2006 @ 10:57 pm
Passion,
mine one also 6 floor neh…………
what is your unit no?
Comment by Terry Lee — December 18, 2006 @ 9:03 am
WOOHOO! Howdy neighbour! *waves* Just one urgent question to everyone. Alliance Bank loan is ok right? no problems and stuff like that..nothing special to look out for? Will go ahead with it already…wish me luck
Comment by Passion — December 18, 2006 @ 9:50 pm
hahaha
mine one is alliance one
anyway you can change back after five years what….
Comment by Terry Lee — December 19, 2006 @ 8:58 am
Ok done. Will sign it tomorrow.
Comment by Passion — December 19, 2006 @ 9:41 am
Nothing against Alliance Bank but had bad experience in the past with their home loan hub in PJ. Can vomit Blood! But then again after dealing with so many banks, they are all the same…
Comment by yk — December 19, 2006 @ 6:00 pm
I also have bad experience on Alliance. That’s why i sign with Citibank even the BLR is higher but at least they manage to offer what Alliance offer. The most important is Citibank is flexi. Even you can said you can change to others after 5 yrs but do remember after 5 yrs the loan package might be not so good already
Comment by KL — December 20, 2006 @ 10:20 am
hehehe
KL,
don’t you forget ppl will not do something which is worst off. the different btw citibank and alliance is just if you have alot money to put into the saving account then they will cut the interest counting, which is not big deal after you compute the calculation. of couse if you are rich then is different story laaaaaaaaaaa
haha
Comment by Terry Lee — December 20, 2006 @ 10:48 am
…. hmm..how come there’s so many problems with Alliance? I find the service given by the bank officer is pretty satisfactory. she was able to explain many queries that i had and compared to OCBC, she was more attentive and enthusiastic. just my personal opinion la of course…
Comment by Passion — December 20, 2006 @ 6:27 pm
It is more depent on the officer I think
Comment by Terry Lee — December 21, 2006 @ 9:19 am
The problems are never in the application stage as they want you to sign up with them. They have separate teams to do marketing, aministration, accounting etc. The headache only comes in the following stages during the release of the loan (very often late and the late charges would be bourne by us!
Next would be the refinance or resale, as they would take their sweet time at your expence…
Comment by yk — December 21, 2006 @ 12:34 pm
hi cel,
i did not see any excavator in your picture. Are they working or not! hahahahahahahahah!
Comment by sifu — December 21, 2006 @ 1:48 pm
all document already sign long time ago, if late then you can go and scold the bank and ask them ‘eat’ the exp
Comment by Terry Lee — December 21, 2006 @ 2:48 pm
Hi sifu,
Ha.. ha.. hah..:) there were a few excavators on site that day! They were parked behind the little hill at the Tower B area next to the single storey link houses. Will try to update with some more photos…showing the excavators…next time!
Comment by cel — December 26, 2006 @ 4:52 pm
Cel,
if you free, please keep update us with the photo
thank you thank you
Comment by Terry Lee — December 28, 2006 @ 12:49 pm
I saw the “Land Encumbrances charged to BCB Berhad”..what does it mean? I know this BCB Berhad a developer from Kluang. Anyone can answer?
Comment by edmond — December 29, 2006 @ 12:41 am
no idea o
Comment by Terry Lee — January 3, 2007 @ 12:10 pm
I have booked a unit for this project just before Christmas. Only bumi units left mainly in Tower A located at high floors. Kinda regret that I didn’t make the booking earlier as I have to pay some “premium” for higher floor units. Yes, I’m cost concious and this is my first property.
Paid a visit at the site during New Year holidays. There were a few heavy machinery and trucks already at the site. Hope everything will go well for this project.
Comment by heskey — January 3, 2007 @ 1:44 pm
Yes we are all keeping our fingers and toes crossed that all goes well!
Heskey, this is also my first investment!
Happy New Year 2007 to all !!
Comment by Passion — January 3, 2007 @ 7:04 pm
should be okay la since they new project going to launch very soon
Comment by Terry Lee — January 3, 2007 @ 10:10 pm
Terry,
They are going to launch a new project soon? What kind of development and where is it located?
Cheers!
Comment by Heskey — January 4, 2007 @ 10:25 am
Is it their other project along Jalan BK5B/5 nearby? Approval obtained from MPSJ oredi ah!
Comment by cel — January 4, 2007 @ 1:15 pm
edmond,
BCB is Bumiputra Commerce Bank.
Comment by Administrator — January 4, 2007 @ 1:59 pm
er..
last time when i go to sigh the S&P that time the lawyer tell me one, about the other project…
Comment by Terry Lee — January 4, 2007 @ 2:35 pm
yea..the second phase is coming up. will be at a higher premium than ours la..maybe more ‘high-class’ kua..ours is quite nice already..but i guess the new phase will be nicer since it will be pricier..maybe no 10% discount anymore!
Comment by Passion — January 4, 2007 @ 3:36 pm
I reckon they will be more expensive due to overwhelming response to the Sierra Residency project. They can afford to up the price a little bit since they are pretty sure there is demand for it.
Comment by Heskey — January 4, 2007 @ 5:43 pm
actually they did not do much adv on this project,
so mostly the buyer is the developer’s friend, relative and so on, of couse still a lot ppl like me, so call walk in customer hehe
Comment by Terry Lee — January 5, 2007 @ 10:32 am
They must sell the other project at a higher price lah!
How else would our investment in $R appreciate…..
Comment by cel — January 5, 2007 @ 2:00 pm
Emm many discuss for the Bank Loan…I had Apply for Hong Leong and already approve,still waiting for Alliance bank and HSBC for approval.Can any one tell me the pakage of Alliance Bank.For Hong Leong is BLR-0.4(morgage Plus),and HSBC is BLR - 1.0…..So i’m waiting for the HSBC to approve my loan.My house is A07-07.
Think I will sing the loan agreement this week…Any suggustion.???
Comment by MaX — January 8, 2007 @ 8:09 am
Hey there Max, do try to wait for Alliance Bank. their package is a better deal i reckon. Better than Hong Leong.
I’ve signed the loan agreement and SPA already. Can anyone advice on how much should an average loan agreement + stamping cost? after the 30% discount of course. do u think lawyers can rip people off? I’m thinking i paid too much.
Comment by Passion — January 8, 2007 @ 8:58 am
max, wait 4 others alliance and hsbc offer letter, no hurry to sign hl 1st. when u get all the offer letters, compare which 1 u like. i believe u r not only consider rate each bank offered but u have to look on their clause as well.
as 4 me, these 3 bank offer u PURE daily rest flexi package, which i think shld be more or less the same. so take ur time to read thru their contents in offer letter, u shlnt focus on rates but others thing such as services, bank branch (make payment easi), etc.
Comment by TEC — January 8, 2007 @ 9:41 am
Cel has taken some photos (Jan ‘07) here.
Comment by Administrator — January 9, 2007 @ 4:42 pm
Dont buy. Do not be fooled by the sweet promises. Look around at other apartments in Bandar Kinrara. No significant increase in value. Poor management and also not properly planned. Sierra Mal is really a construction company and not a developer. I think Bandar Kinrara developer knows it is not worth to develop the land, so they sold it to Sierra Mal to develop. Otherwise, why do you think Bandar Kinrara development would simply let Sierra Mal build them?
Comment by PKB INP — January 10, 2007 @ 12:25 am
thank you PKN
but please check carefully the back ground of this company first. since the land actually belong to third party not belong to the ’so call’ developer, plus there is only one or two developer in Kinrara.
what you worry people already taken into consideration. about the management part, what you expect on this so call first time developer?
plus now you want to buy also need to wait………
Comment by Terry Lee — January 10, 2007 @ 2:04 pm
To PKB INP,At here 95% already sold out.5% only for Bumi.We get less price for the good place at Bandar Kinrara. Can U get it??I think the price is better then other and I like the design very much..one of a kind.
Im waiitng Alliance Bank to process my loan…To slow..hong leong and HSBC already approve my loan.Hong Leong 90% with BLR- 0.4 and HSBC with 80% loan with BLR - 1.0….
Comment by MaX — January 10, 2007 @ 2:40 pm
PKB INP,
For your info the developer of Bandar Kinrara, Perumahan Kinrara Berhad is also not that good leh! Are you by any chance related to BK’s developer PKB?
Why? PKB regret selling the land because of the overwhelming respond to this project ah?
Comment by bel — January 10, 2007 @ 2:55 pm
Thanks cel for the update!
Max, maybe u can call up the bank officer that u dealt with? Mine was approved quite fast..All 3 banks that u mentioned approved at the same time..all 90% loan.
Hmm..anyone got advice on my previous qustion on legal fees?
Comment by Passion — January 10, 2007 @ 4:27 pm
Thanks cel for the update!
Max, maybe u can call up the bank officer that u dealt with? Mine was approved quite fast..All 3 banks that u mentioned approved at the same time..all 90% loan.
Hmm..anyone got advice on my previous qustion on legal fees?
Comment by Passion — January 10, 2007 @ 4:28 pm
You are welcome Passion. I thought Alliance Bank is offering ZERO Cost for the SR loan package.
Comment by cel — January 11, 2007 @ 10:23 am
Hi Passion,
U can try this to calculate your loan agreement costs. Not sure how they come out with the figures, though..
http://www.fiscal-wise.com.my/FiscalWiseWeb/FinancialTool/PurchaseFromDeveloper.aspx
Comment by Heskey — January 11, 2007 @ 2:55 pm
Thanks Heskey. Sorry for the double post..dunno what happened!
Comment by Passion — January 11, 2007 @ 6:02 pm
Hi Cel! Yes, nearly all banks offer that. But i was adviced not to take it because will end up paying more for the legal fees cos there’s interest.
Comment by Passion — January 11, 2007 @ 6:14 pm
Dear Passion,
My Alliance bank that im waiting at Kuchai lama,The officer that doing the loan is MC for few days,so she is delaying my loan approvel.Today she call me & ask me to update my account bank because she wanted to see the January trans.sHE IS WAITING MY TIME.
Are you relised that all Officer of Loan is beautiful chick@ good looking woman.They treat customer very well.
Are you all agree…
Comment by MaX — January 12, 2007 @ 12:54 am
Hi Max, the bank officer i dealt with for Alliance Bank is from another branch and she is very efficient. She’s also one reason that i took the loan offer from Alliance. As compared to the Bank officer of the others banks, she’s the most responsible one and really get back to me when she says she will.
Hmm, I hope u get the response u want soon! About them being good looking, i don’t really agree la, i’ve dealt with men as well…haha!
Comment by Passion — January 12, 2007 @ 7:51 am
er… seem that most of your guy dealing with nice chick neh…
the one i dealing with is a guy neh, but quite helpful of couse…
Comment by Terry Lee — January 12, 2007 @ 8:59 am
Dear All,
The Alliance Bank Officer had call be just now and I get good news…My loan is Apporove!!!Waiting Offer letter from the bank this Mondays.
Yesterday I’m doing some homework abaou Loan bank..Thanks to Passion who add the Add>>www.fiscal-wise.com.my.
In My serfing at that web side..Only the Alliance Bank & OCBC offer a good deal….I will sign up the agreement new week…and Im sorry to Say NO to Hong Leong Bank And HSBC….Thanks guys for helping me…..Sierra Residency here I come!!!!
Watch out Guy!!!!
Comment by MaX — January 12, 2007 @ 5:58 pm
Are you look up at Bandar Kinrara Cominity Forum???All the resident at BK5b angry about Our Sierra Mal that wanated to build our house there..there will manay heavy vehical work at there for 3 years….Sorry to say to them la…What can we do….
You all can see it at—
http://forum.bandarkinrara.com/index.php?PHPSESSID=81a31fe59e5c9437f09405c6047c37a8&topic=34.0
Comment by MaX — January 14, 2007 @ 3:02 am
Congrats Max! So we’ll all be neighbours!
Comment by Passion — January 14, 2007 @ 6:35 pm
Yes, I have read the bandar kinrara forum, we can’t do anything about it. It’s not our fault as purchasers, so don’t feel bad about it! Have a good Monday everyone!
Comment by Passion — January 15, 2007 @ 8:02 am
er….
that project is another project,
not our project neh…..
Comment by Terry Lee — January 15, 2007 @ 1:38 pm
That other project also belongs to Sierra Mal loh!.. the so called ’second phase more high-class’ one mentioned by Passion in item 235 above.
Comment by cel — January 15, 2007 @ 4:49 pm
Hahahaha..everyone is confused on Monday morning eh? Everyone’s brain not working..including mine…need a longer weekend!
Comment by Passion — January 15, 2007 @ 5:26 pm
You can check out this other project details by Pembinaan Sierra Mal at: -
http://forum.bandarkinrara.com/index.php?topic=28.0
Comment by yk — January 15, 2007 @ 6:02 pm
Anyone received the stamped copy of the SPA yet? I wonder what’s taking the them so long …
Comment by Cel — January 16, 2007 @ 5:27 pm
Cel, yea, i haven’t received mine as well, but i think we have to rush the lawyers. been meaning to call them up but been so busy since the new year. i heard from some borrowers that the developer is deducting the RM2K from the next 10% due for those who borrow less than 90% loan. i wonder if we (those with 90% loan)can get a deduction as well? any ideas? i heard we can ask from the developer. they said its for maintenance, but then the property won’t be ready in 3 years, so what is there to maintain? any ideas?
Comment by Passion — January 16, 2007 @ 9:11 pm
I already collect my stamped S&P
now waiting the KWSP announce divide then only go apply to take out account 2 money
Comment by Terry Lee — January 17, 2007 @ 10:19 am
Wah! Terry how come yours so fast. Must call the lawyers first thing tomorrow!
Comment by cel — January 17, 2007 @ 6:05 pm
phooi-yoh! that was quick!
Comment by Passion — January 17, 2007 @ 7:30 pm
My stamped SPA is ready, will collect it this afternoon…
Comment by Cel — January 18, 2007 @ 10:49 am
Terry, you actually have 3 years from the date of the S&P to apply for withdrawal from your EPF Account 2. Therefore if you don’t need the money now, you can wait a bit longer so that you can enjoy a higher divident (who else gonna give 5% & higher divident) and withdraw a higher amount later.
Take note that you must have an account with one of their panel banks in order for them to TT the money (Foreign Banks and Insurance Co. are not in panel!). Therefore you won’t be able to make a second withdrawal later to reduce the loan a few years later, if you had a loan with a foreign bank, as the second withdrawal will be banked directlly into the housing loan account by EPF.
Comment by yk — January 18, 2007 @ 2:33 pm
Terry, when will kwsp announce the dividen?
Comment by sifu — January 18, 2007 @ 4:11 pm
sifu,
I also asking the same question since last few days the news paper say the kwsp lost money again.
Yk,
I plan to take out the money and put in alliance bank, then cover the money into FD, since recently KWSP always loss money and until today also still not yet pay divident. So i think better then money on my hand then other ppl.
the panel bank so far i know is maybank, so i have no problem with it .
Comment by Terry Lee — January 18, 2007 @ 4:38 pm
Collected the SPA… was dated 21-12-2006 eventhough it was signed in October 2006… conveniently they extended the project by 2 months!
Hope we don’t have to get to that later as I think they should be able to complete the project in 2 years.
The lawyer’s rep. said that the developer intents to bill the purchasers for the second stage next month… that means that they would be starting piling works very soon
Even that I don’t think they can complete the piling works in 1 month taking into consideration of CNY next month.
Comment by Cel — January 19, 2007 @ 5:33 pm
I’m a bit confused on the lawyer fees since this is my first property. Can anybody tell me, do i need to pay for loan agreement/stamping cost? What about SPA, it is suppose to be free right? Both is handle by the same lawyer…..
Comment by sifu — January 19, 2007 @ 10:04 pm
hi…i purchased the unit since 1 day there launch the project.my friend was consultant for this developer.according her,it look good.
now,waiting there to start the work ony.i just stay very nearby on.everyday stop by to see the site progress.
hopefully,it can finish before 2010.
Comment by taiko — January 20, 2007 @ 3:49 pm
Hi sifu, SPA is free but loan agreement is depending on the bank, Zero Entry Cost with the best rate during the launch was Alliance Bank. Not sure now??? However other banks are now also offering ZEC with a higher interest rates, of course!
Hi Taiko, welcome to the forum… b4 2010!!! I they should be able to complete b4 2009! 12 storey building only maa… If they don’t complete this project earlier, their other project would suffer. Your friend architect or engineer? Can get some inside info aah… What is the time frame for the building construction?
Comment by Cel — January 21, 2007 @ 1:02 am
2010?? that’s not possible! it’s suppose to complete by end of 2009 right?
Comment by Passion — January 21, 2007 @ 10:03 am
Hi cel,
10Q!u r welcome too.assuming they start the work now.basic work la…give they exact day start work MARCH 2007 la…till MARCH 2009…only 2 years ma…here and there minor work….definetely should be b4 2010 ma…..am i correct?that why i say “hopefully,it can finish b4 2010″.Normal construction work stated 36 months..should bear in mind ma…can’t put too much expection ma…haha…if they can finish earlier…that we shall thank god la…
my fren work in consultantcy firm.normally,developer will seem for consultant before every project start ma..
details inside,she also not sure la…because she don’t handle this ma..
hi passion,
please passion.hahaha…end of 2009 = before 2010 la…kaka..
Cheers…
Comment by taiko — January 21, 2007 @ 2:56 pm
hi taiko
since you stay near by can often take some photo and share here loooooooooooo
Comment by Terry Lee — January 22, 2007 @ 8:33 am
We should gather more Sierra Residency purchasers out there to join this forum. We have to stand united and strong and speak as one entity in order to protect our investment and to be heard by the developer, incase they try to be funny. Maybe we could form some sort of Pre-RA
Comment by Cel — January 23, 2007 @ 9:35 am
Cel, good suggestion!
Comment by TEC — January 23, 2007 @ 9:50 am
Goooooooood one
:)
Comment by Terry Lee — January 24, 2007 @ 2:42 pm
Just found out that the architect for this project is Perkhidmatan Akitek, the same architect for the controversial and stalled Rhythm Avenue project at USJ 19.
Comment by Cel — January 24, 2007 @ 2:43 pm
err..Cel, that sounds kinda scary..
Comment by Passion — January 26, 2007 @ 2:16 am
wat can we do now? jz lets this scary experience harms us?
Comment by TEC — January 26, 2007 @ 9:12 am
I suppose the major difference between SR and that project is that SR is a residential development and hence it comes under the jurisdiction of the HDA. It that sense it offers some sort of protection and avenue for compensation via the housing tribunal.
Since the sale of this project is so encouraging and the developer’s first project, there shouldn’t be any problem. If they don’t do a good job in SR, their reputation would be at stake…
Anyhow, just keep those fingers crossed so that everything goes well
Comment by Cel — January 26, 2007 @ 9:54 am
as i mention b4,
a lot buyer is from the developer friend or relative, so if it reallly a sux project, i dont think there is so many buyer around
so don’t worry too much oooo
plus already ‘up’ to the ’ship’
nothing can be done loo just wait and see loo
Comment by Terry Lee — January 26, 2007 @ 9:59 am
aiyo..no worry la…going CNY soon…be happy.don’t what akitek la…janji dia orang get the things done and finish ASAP…
Comment by taiko — January 28, 2007 @ 1:11 pm
yessssssssssssssssssss
CNY Loooooooo
holiday holiday
Comment by Terry Lee — January 28, 2007 @ 2:15 pm
I subcribe to the principle that ‘No Developer is a Good Developer Unless Proven So’….. It’s always better to take precautions now than to feel sorry later….. remember, you can never be too sure!
With all that done, then it will definitely be ‘Gong Xi Fa Chai!’
Comment by yk — January 29, 2007 @ 12:30 pm
wah YK, like that means how? we become the sacrifice la means?
yes..KONG HEE KONG HEE to everyone!
Comment by Passion — January 29, 2007 @ 1:47 pm
Anyone has been to the site recently? Any progress?
Comment by Passion — January 31, 2007 @ 3:44 pm
Yes, I have been to the site recently. In case you have not noticed, there is no signboard whatsoever to put the details of the project: who’s the owner, the contractor, the architect, etc. Normally this is required by local authority right? In this case MPSJ. So is this project a legal one? Or do they proceed first while getting approval later? Not one of you purchasers noticed about this? No wonder you all were so naive to buy the units there. Wait lor until you stay there and start facing the real problems.
Comment by PKB INP — February 2, 2007 @ 9:31 am
PKB INP,
Of course this project is legal. Do you think over 200 purchasers can be so naive? For your info, I had done a checked on the Housing Ministry’s website on the developer’s licence and advertising permit and they are valid! You can check it here:
http://web.kpkt.gov.my/idaman/index1.cfm
You cannot obtained an AP without the building plans approval from MPSJ. As for MPSJ’s enforcement on the missing signboard and temporary hoardings, that one, you know I know lah!
Comment by cel — February 2, 2007 @ 5:53 pm
thank you PKB INP,
but it seem you not interest with this project, but still seem that you still very interest to ‘help’ us.
Comment by Terry Lee — February 3, 2007 @ 8:54 am
thank you PKB INP,
but it seem you not interest with this project, but still seem that you still very interest to ‘help’ us.
Comment by Terry Lee — February 3, 2007 @ 8:56 am
i wandering you have any ‘issue’ with it?
Comment by Terry Lee — February 3, 2007 @ 8:59 am
hi guys..i’m new in this forum! anyone has been to the site recently?any bumi unit available?i’m interested wit this apartment.
Comment by inakimi — February 3, 2007 @ 8:27 pm
Yes, thanks PKB for your kind comments, we will worry about the necessary things. It was nice of u to bring it up since u’re so ‘concern’ for us.
Have a good weekend all!
Inakimi, I reckon there are bumi lots left, u can check with the developer.
Comment by Passion — February 4, 2007 @ 12:22 am
Thank’s
Comment by inakimi — February 4, 2007 @ 11:55 am
Inakimi, I suggest you go and take a look at the actual site first. The project is next to a hill, low-cost housing, etc. Not so good surrounding. I believe all the units facing the swimming pool have been sold out. Only left are the ones either facing the hill (very ugly) or the low-cost houses (not so pleasant too). Do your homework very hard. Dont make mistakes - this is a property. Get to know the company, Sierra Mal. If you dig deep enough, you’ll sure uncover some surprise discoveries. Just be prepared to be shocked!
Comment by PKB INP — February 4, 2007 @ 2:40 pm
Hi PKB INP,
What have you found out about Sierra Mal? Mind to share ah? I am also very skeptical about this project from the very beginning…
Comment by yk — February 5, 2007 @ 10:06 am
I look at the site, nothing wrong, and i look at the registration process also nothign wrong,
so i really interest to know what wrong?
Comment by Terry Lee — February 5, 2007 @ 10:36 am
Yeah man…. everyone is eager to know what’s wrong. PKB INP, what is your motive in telling all this? If you are so concerned about the welfare of all the purchasers why don’t you tell us really what u know? and why only doing it now? Can’t help but wonder your real motives… please PKB INP help us before it’s too late…
Comment by Heskey — February 5, 2007 @ 12:17 pm
If anyone has kind intentions, i suggest u just tell us upfront. pls do not put up a sarcastic tone as we’re all sincere buyers here. PKB, if u have an intention to help, then don’t put up your frustrations or whatever it is u have in this blogspace. just spill out whatever u want to tell us and stop being mean to everyone, it won’t do u any good.
Comment by Passion — February 5, 2007 @ 12:51 pm
Rileks dulu…dunhil sebatang…don’t make situation jadi tegang.nati,putus cepat!Woh…syoknya dunhill…aiyo..biar la dia orang cakap..wanna know kebenaran,call la developer..kenapa tala signboard,tala tu,tala ni,..dia orang will kasi u tau puyai la..ok..cu.
Comment by taiko — February 5, 2007 @ 3:48 pm
Hehe, don’t worry taiko, we’re all relax..just a little annoyed leh..
Comment by Passion — February 5, 2007 @ 4:24 pm
By the way, I have a source in SPNB confirmed that the LRT Sri Petaling line will be extended to Puchong bypassing Bandar Kinrara. There is also a plan to connect Puchong and USJ (Extension of Kelana Jaya Line). Construction will commence in 2nd quarter this year. Hopefully this is true and will add value to our investment in SR.
Comment by Heskey — February 5, 2007 @ 4:32 pm
It is confirmed. I have found out as well. The LRT is coming to BK!
Comment by Passion — February 5, 2007 @ 4:46 pm
that one is putra or star??
I think it is star right?
Comment by Terry Lee — February 5, 2007 @ 8:37 pm
If it is linked from Sri Petaling then it would be STAR LRT. and if extending from Kelana like Heskey mentioned, then would be Putra. I only heard LRT coming in to BK, but then I’m not sure which. Hopefully both, like Heskey mentioned!
Comment by Passion — February 6, 2007 @ 7:48 am
Yes, the one passing BK will be Star LRT. It will be extended from Sri Petaling to Puchong. Putra LRT will be extended from Kelana Jaya to USJ.
Comment by Heskey — February 6, 2007 @ 12:04 pm
From what I read, PUTRA line stops in Sunway and the STAR line in Puchong, why can’t they just link Puchong to Sunway… currently in the proposal, we have to go the opposite direction just to get to Subang/Sunway and PJ!
Anyway, I think it is too early to get excited over this until they actually commence works on site… could be just a candy to attract votes for the coming election.
Comment by yk — February 6, 2007 @ 12:07 pm
CNY soon lioa…all balik kpg raya kah?
Comment by taiko — February 6, 2007 @ 12:31 pm
really hope it is putra,
if star then really no interest already hehe
Comment by Terry Lee — February 6, 2007 @ 1:48 pm
I don’t care which LRT line, as long as they come… so that $R would appreciate
Comment by Cel — February 6, 2007 @ 4:46 pm
hehe! I agree with Cel!
Comment by Passion — February 6, 2007 @ 7:08 pm
so cel
you only doing inverstment not going to stay there?
Comment by Terry Lee — February 7, 2007 @ 8:34 am
You’ll never know Terry… two years down the road I may decide to stay and we will all become neighbours
Comment by Cel — February 7, 2007 @ 9:53 am
will u guys be staying there?
Comment by Passion — February 7, 2007 @ 9:54 am
I’m going to stay there.. already fallen in love with the place… hehe..
Comment by Heskey — February 7, 2007 @ 10:48 am
*winks*
Comment by Passion — February 7, 2007 @ 12:00 pm
After reading few messages up there ^ , ……marlboro sebatang……., who the **** is PKB INP?
Comment by sifu — February 7, 2007 @ 1:30 pm
calm down sifu,
there is always some kinds of person like that.
Passion,
i think i going to stay there, since cannot affort to get a better one
Comment by Terry Lee — February 7, 2007 @ 10:52 pm
Hehe, sifu, don’t worry. Freedom od speech mah, so let him/her say whatever he/she wants. Just ignore!
Terry,
I will see how the situation is when it is completed..since it’s my first investment, i’m quite optimistic
Comment by Passion — February 8, 2007 @ 8:19 am
Was at the site the other day, looks like they have have completed the platform level for the building… with CNY around the corner, I think they would only start piling works ofter Chap Goh Meh! Will send the photos to the administrator for posting for all to see soon…
Comment by Cel — February 9, 2007 @ 4:45 pm
Yes, listen to Passion. If you dont like what I’m saying, just ignore them. No need for vulgar and foul languages (smile). I am like YK, skeptical about the project from the beginning. So I did a little bit of asking around. You’ll be surprised to learn about things that you can know just by asking a few people. But must be relevant people, not some eager buyers who will just believe what the developer (or in this case contractor-cum-developer) is saying. Then again, if you dont like what I’m saying here, just ignore me. Happy holiday and Happy New Year (if I’m back only after the holiday). Cheers!
Comment by PKB INP — February 10, 2007 @ 9:12 pm
if you want people to ignore you then you should take at the first place……….
basically no one need you back so be it,
since the ppl here 80% are the purchaser….. you talk something and ask people to ignore you then you must be mentally unstable…………
Comment by Terry Lee — February 11, 2007 @ 5:28 pm
Haha, basically, if you want to comment, use a more positive tone la. Don’t be mean. We will listen and you will offend less people.
Have a good week ahead folks!
Comment by Passion — February 12, 2007 @ 7:42 am
PKB INP,
What have you learned about the contractor-cum-developer? Tell us more…
Comment by yk — February 13, 2007 @ 4:48 pm
GONG XI FA CAI !! HONG PAO NA LAI ….
Comment by Passion — February 16, 2007 @ 12:34 pm
Man, just got to know this project today.. how can I missed this.. seriously publicity for this project had been very low. How many units left? when is the target completion? another tower will be launched soon?
Comment by eugene — February 25, 2007 @ 1:09 am
Hello there eugene!
well, not so sure about how many units left but as far as i know, only bumi lots are available..u can contact the developer to find out..the website is stated above!
Comment by Passion — February 26, 2007 @ 7:57 am
hmmmm, seems like anybody is interested in this project….
Comment by TEC — February 26, 2007 @ 9:35 am
KONG HEI FATT CHOY!!!
Drop by the site over the weekend… seems like they have started piling works!!!
Comment by Cel — February 26, 2007 @ 9:46 am
Yes! that is good news.
Comment by Passion — February 26, 2007 @ 11:25 am
Hey guys, I heard that those taking 80% loan, they got their RM2k deducted from their next 10% due. How about us who took 90% loan? Any ideas? I don’t see the reason for them to retain our RM2k for so-called maintenance if our property is to be completed 3 years from now? Any opinions on this?
Comment by Passion — February 26, 2007 @ 12:30 pm
Hi Passion,
I suppose you can get your 2K back once they bill your bank for the 2nd 10% for completion of piling works. Why don’t you call up the sales office and inquire. They are quite helpful.
Comment by Cel — February 26, 2007 @ 6:08 pm
Hi Cel,
I did, i called them yesterday. But they said it was already written that the 2K was deposit for TNB and water and sorts. But i don’t understand why some buyers can get it deducted but they can’t give us who took 90% loan back the money? Anyone tried calling?
Thanks for your reply
Comment by Passion — February 27, 2007 @ 7:53 am
hi,
i’m new here and this is my first post. i called the dev yesterday asking any available unit for bumi.. what they have is rm146k (after bumi discount) for 9++sqft (cant remember exact figure) with 2 covered car park, facing KL. it sound expensive to me.
Comment by ejjay — February 27, 2007 @ 11:13 am
Hello ejjay,
Well, it is considered reasonable as u cannot find a free-hold property in KL/Selangor, that provides facilities PLUS 2 covered-carparks. Usually purchasers are required to secure another carpark as most developments come with only one carpark. And the price of one carpark is about RM15k - 20k.
Are u planning to buy?
Comment by Passion — February 27, 2007 @ 2:09 pm
yes.. it’s a good location for me. but i prefer type A. the dev told me that there might be few type A unit available in few weeks time due to loan problem from current buyer. i’m looking for that
Comment by ejjay — February 27, 2007 @ 2:31 pm
Hi ejjay,
If you compare the other two projects nearby, Kinrara Mas Apts near Mutiara Bukit Jalil and Avilla Apts in Puchong Jaya, both of their selling price starts from RM 160K. So on paper SR is still the better buy. It now all up to the developer to deliver their promises.
Comment by Cel — February 27, 2007 @ 6:04 pm
Long time not Post mine…How are you my resident mate!!How the proses of our SR??Any signboard yet!!Any new picture?
Anyone know how can we apply loan for renovation…??the rate??2 years is so long to me to See SR…any sugguestion?
Comment by MaX — February 28, 2007 @ 4:39 pm
wow! planning reno now? that’s quick..i think the signboard is up already.
Comment by Passion — March 1, 2007 @ 12:31 pm
O really ?
got photo ar?
Comment by Terry Lee — March 2, 2007 @ 12:32 am
Will try to take one next time i go there.
Comment by Passion — March 2, 2007 @ 12:24 pm
hehe
today i visit there and see the sigh board lio
so still have anything to said, some ppl?
Comment by Terry Lee — March 4, 2007 @ 1:33 am
Yup, the signboard is up, but then i was there at night so i didnt take a photo.
Comment by Passion — March 5, 2007 @ 4:46 pm
Need to find out, you guys did mention about the extra electrical points, did the developer enquire about the need for it? i didn’t receive any letters concerning this…
Comment by Passion — March 6, 2007 @ 12:57 pm
Was at the site over the weekend too. Took some photos and will send them to the administrator to post for everyone to see
Comment by Cel — March 6, 2007 @ 2:16 pm
greetings there…this is my first post here..juz found out about it. So whats the latest heard the sign board and pilling is already underway…
Comment by mreez — March 6, 2007 @ 2:46 pm
how come its so quiet here nowadays? everyone is still in CNY mood? did anyone get news on the extra electrical points?
Comment by Passion — March 8, 2007 @ 12:06 pm
Nope, nothing on the Xtra electrical points yet from the developer on my side.
Hi mreez, welcome…happy to have new faces to join in the dicussion
Comment by Cel — March 8, 2007 @ 12:40 pm
Thanks cel! Looks like u’re the only one back! where are the rest?
mreez, u’re a buyer as well?
Comment by Passion — March 8, 2007 @ 3:22 pm
Yes I am. Bought a unit in tower 2 on the third floor facing the swimming pool. So like the rest I’m keeping track of the development and occasionally go to the site to check it out at times….since at the moment living in subang
Comment by mreez — March 9, 2007 @ 8:51 am
Hi all, does anyone have experience in withdrawing EPF money for purchase of a house? How do you rate your experience and how long does the process usually take?
Comment by Heskey — March 9, 2007 @ 3:19 pm
Hi all, does anyone have experience in withdrawing EPF money for purchase of a house? How do you rate your experience and how long does the process usually take?
Comment by Heskey — March 9, 2007 @ 3:20 pm
heskey, have u bot a unit of SR?
Comment by TEC — March 9, 2007 @ 4:44 pm
Heskey, my EPF withdrawal experience is a breeze. If you have all the relevant documents, they will accept your application on the spot. Make sure you have a local bank account as they would only TT the money into the accounts of the Banks listed in the application form. Can’t remember how long the waiting time but I think its within 2 months.
Comment by yk — March 9, 2007 @ 5:09 pm
hi Heskey & everybody,
The epf officer did mention there was no property address in the spa but they will try to submit my application. It is happen to anybody else?
Comment by sifu — March 10, 2007 @ 12:59 pm
hi Heskey & everybody,
The epf officer did mention there was no property address in the spa but they will try to submit my application. It is happen to anybody else?
Comment by sifu — March 10, 2007 @ 1:00 pm
sifu
can you list out all the related document that i need to take our my EPF?
Comment by Terry Lee — March 11, 2007 @ 11:40 pm
Tec,
Yes, I have bought a unit in SR. I signed the SPA in Feb and have received my copy. Now I want to withdraw my EPF money. Sifu is right… there is no property address in the SPA and I discovered this while I was filling the form. Will this affect our application?
Comment by Heskey — March 13, 2007 @ 8:52 am
Hey there everyone,
Have u received your Loan Agreement from your lawyer yet? They told me they are waiting for the developer to advice the bank in order to disburse the loan.
Anyone facing similar situation?
Comment by Passion — March 13, 2007 @ 2:21 pm
passion,
i received some documents after about a month i signed s&p, they asked me to return the document after putting in the signature on the document, wat is tat actually? any1 return any document to lawyer?
Comment by TEC — March 14, 2007 @ 9:25 am
TEC, there are quite a number of documents that are returned to the lawyer for stamping right? i have got the S&P back from the lawyer but the loan agreement is still pending on the developer’s side as i mentioned in my previous post #365. Any ideas, anyone?
Comment by Passion — March 14, 2007 @ 10:18 am
Me too.. I have received the executed S&P but not the loan agreement. I didn’t query further assuming it’s in the process.
Comment by Heskey — March 14, 2007 @ 11:15 am
Hi all…This is my 1st post here… seems that i’m just like u all who buying the apt… wondering is the progress is good or how? coz this my 1st hse i buy… my loan and spa oledi sign up but still wondering is it worthit to buy the apt..
Comment by Alin — March 14, 2007 @ 3:21 pm
hi Alin,
since you already sigh the document
just enjoy the waiting period
Comment by Terry Lee — March 15, 2007 @ 7:59 am
hi there…
about the loan agreement… i guess no one has rcv the la… mine as well… the s&p already sign up around january.. but till now there’s no news… how a??
Comment by Alin — March 15, 2007 @ 10:54 am
hi there…
about the loan agreement… i guess no one has rcv the la… mine as well… the s&p already sign up around january.. but till now there’s no news… how a??
Comment by Alin — March 15, 2007 @ 10:56 am
Alin we’re all keeping fingers and toes crossed that this project will go well. First property for many of us here too, including myself
Heskey, we’re suppose to receive a copy of the Loan Agreement as well. Suppose to chase the lawyer about it.
Comment by Passion — March 15, 2007 @ 11:21 am
Hi there… i like to comment on some issue
1. Loan Doc… is take longer time for the Solicitor to completed the doc. Ask your loan solicitor the status of u doc.
2. Developer info - additional electrical point is will be offer to all buyer soon. Pending costing from by contractor .
3. Phase 2 of the Sierra Residency is on the planning board pending approval. Size will be (2Room 2 Bath = 750 sf) (3Room 2 Bath) 1000sf - 1400 sf) good news all come with 2 cover carpark.
4. I spoken to the developer side and Billing for the 2nd 10% will be end of April for block A. Block B by June
My advise .. for all purchaser at block A pls get all u LOAN doc in place .. if not Let Interest Charge will imposed to u if Bank not released the payment to the developer after 21 days from the billing date.
my unit is on block B…
Comment by LT Lim — March 16, 2007 @ 11:26 am
Thanks LT Lim, mine also Block B
Comment by Passion — March 16, 2007 @ 12:23 pm
Terry Lee,
Document needed for epf withdrawal:
1.Photocopy of IC
2.Photocopy of S&P
3.Photocopy of Loan Agreement
You all need to push the lawyer and developer hard to get your documents ready. My docs. ready within 1 month, if not mistaken, after signing LO from bank.
Comment by sifu — March 16, 2007 @ 6:17 pm
Sorry all, 1 more document is photocopy of bank passbook, must be local bank. Don’t forget to bring along original documents!
Comment by sifu — March 16, 2007 @ 6:24 pm
Sifu, i keep pushing them but always same answer from them la! I’m so annoyed already. Busy with work then have to chase them like ah long..:(
Comment by Passion — March 16, 2007 @ 9:29 pm
Passion,
You have to, since they will treat us like that when we owe them something later! Others, am I right?
Comment by sifu — March 17, 2007 @ 10:31 am
Yea, i know what u mean sifu
Thanks. Will try to ‘chase’ them again.
Comment by Passion — March 18, 2007 @ 6:14 pm
thanks sifu,
so anyone get you EPF money already??
Comment by Terry Lee — March 22, 2007 @ 8:13 am
AIYO, really have to chase like ah long man..chase for 3 weeks now only say the Loan Agreement is ready..now just wait for them to deliver..maybe take another 3 weeks la.. :S
Comment by Passion — March 22, 2007 @ 10:52 am
Hi Terry,
The epf process takes about less then a month… only around 2 to 3 weeks…
Comment by Aleen — March 22, 2007 @ 11:44 am
Hi Terry,
The epf process takes about less then a month… only around 2 to 3 weeks…
Comment by Aleen — March 22, 2007 @ 11:45 am
I just got my epf money yesterday, that is, 20 days for approval + 2 days transfer to bank, from the date of application.
Comment by sifu — March 22, 2007 @ 6:48 pm
Hi All,
I submitted my epf withdrawal application on 14/3 and the money was in my account on 20/3. That’s only a week!
Comment by Heskey — March 23, 2007 @ 11:01 am
Woohoo..they delivered all the pending legal documents to my office just now! so right now, with everything in hand, just wait right??
Comment by Passion — March 23, 2007 @ 11:59 am
OO thank guy
i think i will go to apply around this month
Comment by Terry Lee — March 26, 2007 @ 7:59 am
have u guys aware that Maybank is offer free switching fee for its housing loan?
Comment by TEC — March 28, 2007 @ 9:44 am
maybank?
no thanks.
so how is the address thing for our apartment?
KWSP allow it empty?
Comment by Terry Lee — March 28, 2007 @ 6:02 pm
it’s true, got it from my fren who is a agent for multiple bank housing loan, maybank even ofer BLR-1.35% package with this free switching. have submitted document again to switch. wait for approval.
Comment by TEC — March 29, 2007 @ 12:21 pm
Hey there everyone, any new developments? any photos?
Comment by Passion — April 4, 2007 @ 12:35 pm
Hi Passion & all, I’ve started a blog dedicated to this project with photos and all at:
http://sierraresidency.blogspot.com/
Please feel free to drop by and give your comments. Cheers
Comment by Cel — April 4, 2007 @ 2:45 pm
Thanks cel, I will surely visit!
Comment by Passion — April 4, 2007 @ 4:37 pm
good job cel
Comment by Terry Lee — April 4, 2007 @ 9:37 pm
Hi all!
Construction material price hike, any comment?
Comment by sifu — April 6, 2007 @ 8:09 am
Let’s hope that the developer won’t short-change us by substituting with lower quality materials
Comment by Cel — April 6, 2007 @ 5:54 pm
scary thought Cel..yes lets cross fingers!
Comment by Passion — April 7, 2007 @ 5:15 pm
if compare to poorer material, i even afraid the abandone project, don u guys think so?
Comment by TEC — April 9, 2007 @ 10:36 am
to all - the developer have say this words “billing for the foundation will be issued this month” for block A. Block B wiil follow by end of next month. pls make sure all your money is ready. if not the developer will charge u 10% p.a for late payment.
Comment by LT Lim — April 10, 2007 @ 8:48 am
does anyone have any idea how much roughly it will be? interest only right? your post sound so scary :S
Comment by Passion — April 10, 2007 @ 9:53 am
Hi Passion,
As an example, if your unit cost RM 150K, the completion of foundation would be 10% ie. RM 15K. At 10% p.a. it worked out to be RM 4.11 (RM 15,000 X 10% / 365 days)per day until the amount is settled.
Comment by Cel — April 10, 2007 @ 10:26 am
Thanks cel. we’ll be servicing interest correct? it doesnt mean we’ll have to pay rm15k..right? i took 90% loan..
Comment by Passion — April 10, 2007 @ 11:17 am
If you took 90% loan, you should chase your bank to release the 10% the moment you receive the billing from the developer cos the 1st release of loan is usually delayed, and late interest are charged to us and not the bank!
Comment by Cel — April 10, 2007 @ 12:56 pm
OK will do. Thanks cel! I’m new to this
Just learning the ropes to property investments.
Comment by Passion — April 10, 2007 @ 1:51 pm
Is it any loan shark staying outside of Malaysia?
Comment by TEC — April 11, 2007 @ 9:46 am
Good news.. hope is not sound scary… hahahha .. block A billing is out and will reach all of the Block A buyer by next week… lucky mine is Block B.
Comment by LT Lim — April 12, 2007 @ 5:09 pm
yea..mine also block B..LT Lim, thanks for your updates yah!
Comment by Passion — April 13, 2007 @ 9:54 am
Heard developer got problem with CIMB, should be settled by this week, or else block A people kena interest - financier will only release the sum by lawyer advice!!
Comment by tong — April 24, 2007 @ 8:14 pm
may i know the 10% discount still available nw??
Comment by chi — April 26, 2007 @ 11:24 am
Hey any new developments lately? is the problem with CIMB settled?
Comment by Passion — April 26, 2007 @ 1:03 pm
chi,
you can call up the developer and ask
but i dun think so…….
Comment by Terry Lee — April 27, 2007 @ 12:36 am
I have check the price on the addition elec point with my friend, and found that the price is quite resonable which post in cel blok
Comment by Terry Lee — May 4, 2007 @ 12:19 pm
yea… the additional elect. point is fair enough but it comes with packages which i think we should be allow to plan our own package.
Comment by sifu — May 4, 2007 @ 1:24 pm
Hi all! I’m new here looks like u have a pretty good forum here to voice out issues. I’ve purchased a no. of units @ Sierra R. Been a resident here at BK5B for the past 6 years, its a great neighbourhood wouldn’t trade this place for anywhere else, i’ve also been investing in a no. of properties here mostly the sem-dees at BK6B beside the golf course all of which have proven 2b great investments so except for the developer being a first timer i’m quite confident about the location. Hope u guys keep this forum running as it’s vital to keep a heads up on the progress. Cheers!
Comment by BK5B resident — May 9, 2007 @ 1:23 pm
the site progress seemed very slow, wat happen? problem with cimb settle?
Also, tower 2 folks, any1 receive billing? heard that they gonna release within this two weeks.
Comment by TEC — May 15, 2007 @ 9:51 am
The developer give us less time for us to get the money!!15 days for almost RM2.5K….We not rich man,why not the deloper extended the days!!!
Comment by MaX — May 15, 2007 @ 5:00 pm
Are you all know, that after our house is full built…no wirering,no piling and don’t touch the Concrete Structure(wall and siling),they not allow it,The develepor told me that it will disturb the building and will be collapes!!!Can every one help me!!The statement realy worries me Alot!!
Comment by MaX — May 15, 2007 @ 5:24 pm
Do you all guy know what problem with CIMB ?
Comment by yan — May 16, 2007 @ 9:51 am
Dear All,
Is great to have such forum! Ganbateh! i’m looking for my first property as well. Guess i might be too late to become your neighbour…
Comment by sunny — May 16, 2007 @ 3:24 pm
Not too late if you are a bumiputra. I heard there are still a few bumi units left! Most probably there is already a long waiting list for those units to be openned up!
Comment by Cel — May 16, 2007 @ 3:46 pm
max, r u sure? will they allowed such an incident? so far in malaysia, there is no case of building collapses after their completion. Perhaps some1 can justify why the developer wouldn’t allow us to ‘touch and disturb’ the wall??
Comment by TEC — May 17, 2007 @ 9:22 am
We have to go back 14 years for the major building collapse case happened on December 11, 1993: The Highland Towers in Taman Hillview, Ulu Klang, Selangor. The collapse of one block caused the deaths of 48 people and led to the complete evacuation of the other two blocks due to safety concerns.
Comment by yk — May 17, 2007 @ 1:49 pm
From what i know is most the condo or apartment also will not allow them to do anything but infacts people don’t really case and they just do the wiring or whatever they want. As long as that is not major renovation that should be ok. They just afraid people over renovation and to protect themself
Comment by KL — May 17, 2007 @ 1:51 pm
Max,
The building will not collapse unless you hack the frame structure. They just trying to persuade you to buy the additional package. Am I right?
Comment by sifu — May 20, 2007 @ 1:14 pm
any1 receive additional eletrical point letter for tower 2? wats ur choice? can i get it cheaper outside?
Comment by TEC — May 21, 2007 @ 4:21 pm
on the electronic points wise, i more concern on the price. since the letter said that we need to confirm and pass them the cheque within 14 days, but i in tower two plus 6 floor, so by the time they build until my level, the price will be different or not, i scare later they send me another letter saying that the cost increase lio want us to add money.
Comment by Terry Lee — May 21, 2007 @ 7:22 pm
TEC
i get my letter
and i thinking to get the second package
Comment by Terry Lee — May 21, 2007 @ 7:23 pm
shall we ignore the offer?
Comment by TEC — May 22, 2007 @ 9:25 am
just now call the stupid developer already
it seem the office there no one can speak proper english
can imaging already
but they said the price would change
so can we believe them? someone who cannot talk proper english?
Comment by Terry Lee — May 22, 2007 @ 2:43 pm
sorry
i mean the price fix already
would not change………
Comment by Terry Lee — May 22, 2007 @ 2:51 pm
The address and contact used by Developer in USJ Taipan is actually a management office, it seems that the office there managed a lot of other projects beside Sierra Residency for Pembinaan Sierra Mal. Therefore if you call them up there, they can only tell you what was given to them by the HQ (as they like to refer to) and nothing more! That is why it is so frustrating dealing with them…
Comment by Belle — May 22, 2007 @ 4:24 pm
O o???
Comment by TEC — May 22, 2007 @ 7:05 pm
is there any admin fees for the disbursement of bank loan?
Comment by Terry Lee — May 30, 2007 @ 7:22 am
No, as for me….
Comment by sifu — May 31, 2007 @ 12:20 pm
sifu
yours one is zero entry loan?
Comment by Terry Lee — June 1, 2007 @ 12:13 pm
well well…2day onlu i found out this forum…TEC y din u leme noe bout this…sob sob…
Hi every1, i’m haf 2 unit2 in tower 1 5th floor, FYI, tower 1 oso come w 2 covered car park on ground floor which according 2 my mum is more convenient n safe compared 2 tower 2 which is underground…
wondering wut is d hoo-ha rerading those s&p & loan? perhaps i’m too ignorant…i dun find encounter any problem 1???
regarding d additional powerpoint, according 2 my fren who is in ID & construction…its sufficient enuff…
i stay in BK for about 8 years d n currently staying in BK6, i would like to say BK is really a good place to stay…
d Giant is xpected 2 b open b4 merdeka day…
NICE TO MEET U GUYS HERE!!! perhaps v can meet up 1 day nearby there…FYI there is a nice protected forest near our place there 4 outdoor activitier lovers (esp trekking/ hiking)…
cHeErSssSs…
Comment by f00lgal — June 1, 2007 @ 1:32 pm
hoho…after posting only i found out so many typing error…sorry ar…hope no misleading n u guys can get wut i mean…
Comment by f00lgal — June 1, 2007 @ 1:35 pm
Ooo…1 more thing…i had deposited some $$ in my alliance bank current acc as they asked for 14+k…i only get ONE letter few days after they released d $$…so kena a bit interest la…i did not get any letter 4 d other unit…
n d amount they released 4 both units r different…wondering WHY…?
i’d read fr u guys dat is there any charges or fees dat v need 2 pay…so far…i dun think i pay 4 any…? i think developer absorb all the fees rite?
Comment by f00lgal — June 1, 2007 @ 1:41 pm
Terry,
Not a zero entry loan. Luckily I manage to escape the late interest!
Comment by sifu — June 3, 2007 @ 7:52 pm
Hi all. I’ve just visited the site today. The pictures will describes what i saw. No one there even a guard to take care of the machineries….
[IMG]http://img265.imageshack.us/img265/2845/03062007301vj1.jpg[/IMG]
[IMG]http://img408.imageshack.us/img408/7938/03062007302td6.jpg[/IMG]
[IMG]http://img340.imageshack.us/img340/1453/03062007300un7.jpg[/IMG]
[IMG]http://img522.imageshack.us/img522/7559/03062007299tl4.jpg[/IMG]
Comment by sifu — June 3, 2007 @ 8:11 pm
sifu,
the pics can’t be seen here, i’ll put them up in a separate post tomorrow.
Comment by Administrator — June 3, 2007 @ 8:29 pm
[IMG]http://img408.imageshack.us/img408/7938/03062007302td6.jpg[/IMG]
Comment by sifu — June 3, 2007 @ 8:34 pm
sifu,
i’ve uploaded the photos here.
Comment by Administrator — June 3, 2007 @ 8:51 pm
y inside the pic looks like the place terbiar je…???
Comment by Aleen — June 4, 2007 @ 2:53 pm
y inside the pic the place look like terbiar je…?
no want keje ke?
Comment by Aleen — June 4, 2007 @ 2:54 pm
Administrator,
Thanks.For next time, how to upload picture?
Comment by sifu — June 6, 2007 @ 7:36 pm
can’t upload in the comments. Just email it to me at simonblog(at)gmail.com and i will post it up.
Comment by Administrator — June 6, 2007 @ 8:06 pm
How many are you has released the progress payment?
Comment by sifu — June 6, 2007 @ 8:19 pm
Wow, looks very worrying. I’d be very suspicious that the developer has done some mischief.
Almost bought one unit very early on, but didn’t quite trust the extremely low pricing for such an impressive design.
Having said that, I’ve seen Sierra Mal’s other work as I&P main contractor and their workmanship is okay. However, now Sierra Mal looks very worrying as a developer.
Comment by boomerkk — June 7, 2007 @ 7:10 am
I don’t understand why everyone seems to think that the pricing is extremely low! The design is rather common, just without the normal pitch roof and use a different colour scheme rather than the natural warm tone used everywhere, and…poof… you get a modern apartment design!
And it is not low density either as they are cramping 256 units into a 3.2 acres piece of land. That is 80 units per acre or 400 person per acre (assuming 5 person to one unit)!
Comment by yk — June 7, 2007 @ 1:33 pm
if you wanna try for good deal HSBC is offering Super Home Loan Deal. I have provided to my customers the below rate.
1st Year BLR -1.85
2-3rd Year BLR - 1.55
4-5th Year BLR - 0.95
Thereafter BLR - 1.30
Probally you can drop me email if you are interested i will then give a quote for you.
Regards
Yogi
Comment by Yogen — June 8, 2007 @ 6:03 pm
sorry guys my email is yogen.dev@gmail.com
Comment by Yogen — June 8, 2007 @ 6:04 pm
Hi all, just searched this forum (Bandar Kinrara), yep OCBC 80% loan, now still waiting for it to be finished… One thing bothers me really… Someone said the 2nd phase will be launch soon right? When and where will that be? Kinda booked this unit too soon… perhaps… Where’s the exact location of this 2nd phase anyway? Coz mine was facing KL and if 2nd phase is blocking my view that’ll be horrible!!!
Need advise here…thanks…
Comment by chunse — June 11, 2007 @ 2:08 am
hi there,
the second phase is at the other side,
you ‘view’ will not be block don worry.
about the payment,
i think 2 block already getting their invoice,
so any news from the alliance bank for the payment?
Comment by Terry Lee — June 11, 2007 @ 9:10 am
Hi Terry… thanks for the info… How sure will that be anyway? The second phase is just beside Sierra 1? Are they going to share the same entry/exit gate? Anyone have any details of this development? Really bothers me… will the second phase level the same as ours….?
In doubt…
Comment by chunse — June 11, 2007 @ 11:11 am
Just scared ours will be like Ken Damansara 3 case….
Comment by chunse — June 11, 2007 @ 11:13 am
that sierra 2 is oppesite road not the same area, so wun be jam ooo
Comment by Terry Lee — June 12, 2007 @ 8:54 am
My first post! Just wondering how has the appreciation been for SR 1 units? Whats the realistic rental return rates to be? & finally, anybody interested to buy over from the one’s who booked these units previously already? 3 questions…
Comment by ernie — June 16, 2007 @ 11:47 am
Ernie,
Plz stae ur units descriptions i.e. unit size, face where, how many car parks, etc, and price (Non-Bumi or Bumi)
Thanks in advance.
Comment by chunse — June 16, 2007 @ 7:32 pm
Good day chunse,
are you already an owner? or still looking for a unit?
My unit is one of the four units on the top level of tower b, unlike the other levels which consist 6 units per level, 1008 sqft, comes with 2 carparks, non-bumi, facing the swimming pool & guard house, i presume it to be one of the “penthouse” of SR 1.
p/s I’m also still awaiting replies from anyone who’ve realistic figures of the appreciation of SR 1 currently?; at the same time answers to how much rental returns will realistically be?
Comment by ernie — June 16, 2007 @ 11:02 pm
ernie, any reasons why u wanna sell ur unit?
Comment by TEC — June 18, 2007 @ 9:46 am
TEC,
not fully indicating that i am interested to let my unit go as i mentioned previously, but interested to find out more about my other two questions as well!
Comment by ernie — June 19, 2007 @ 2:33 am
Hi ernie, let me know if u really wanna sell it off coz i know some buyers here bought more than 5 units… talking about investments.
Lets see… if everything goes find… the apartment finished early 2010, I guess (personally) the price will increase as high as 30% from the original price! No offence to anyone here, but if anyone asking me how much im gonna sell my unit in 2010 definitely im gonna make it 50% more than the buying price! Reason?
Go figure lo…
Comment by chunse — June 19, 2007 @ 5:04 pm
chunse, don agree with u with 30-50% appreciatiation. Survey the kinrara area first b4 comment!
Comment by TEC — June 20, 2007 @ 9:19 am
Hi TEC as I said, PERSONALLY hello? What I am trying to said here is that if I am GOING TO SELL MY UNIT in 2010? No one needs to believe from what I have written here, just my opinion okie?
Yup thanks for asking, honestly I did not survey the house prices in BK heheheheheh
what the hell la cheap only wat
Sorry guys if I made such CLEAR statements coz sometimes when you wanna buy, well you just do it, don’t you? If nope… ok I am that kind of guy
IMPULSIVE BUYING!!!
Thank you for replying coz if not those who read my comment might believing of what I’m writing here
Thanks
cheers
Comment by chunse — June 20, 2007 @ 9:00 pm
any1 heard about sunshine-empire’s empire state tower at jln raja chulan?
Comment by TEC — June 29, 2007 @ 9:51 am
Hi foolGal,
Did u mention that there’re treks in BK? Should be near the forest reserve right? Do u know where the trail starts & how long? If u have any info pls share as i’m a trekking nut! right now i have to drive all the way to Gasing in the Mornings to do my trek. Wonder if the trail in BK is safe as there’s still development going on with illegals running all over the area!
Comment by 5B Trekker — June 30, 2007 @ 1:25 am
They seem to have put up proper hoarding for now but the construction is still slow going. They seem to have move out the cranes after the bore piles. Guess they’re preparing for the next stage b4 they move in more machinery.
Comment by 5B Trekker — June 30, 2007 @ 1:32 am
What is the stage of construction?
Comment by angel — July 2, 2007 @ 9:49 am
hey guys how much you paying now?
Comment by Terry Lee — July 5, 2007 @ 8:16 am
Hey guys ever wondered why the developer never included ceiling fan points in our optional electrical upgrade package. Am i the only one who still uses old world tech around here or am i missing something?
Comment by 5B Trekker — July 8, 2007 @ 3:37 pm
I posted the same question to the Developer and all they can say is that it is from their HQ and they are just implementing it only! I personally felt that ceiling fan point is extremely useful, it can even complement the Air Cond. by circulating the air. Furthermore we cannot be switching on the Air Cond if we are just gonna be in the room for just a while!
Maybe if all of us could write in to the Developer to request for this additional item. Do you think they will entertain us?
Comment by Cel — July 9, 2007 @ 9:55 am
You all purchase the package?
Comment by TEC — July 9, 2007 @ 12:21 pm
Cel, I think writing in to the developer about the fan points would be a really good idea, i’m sure the developer could have intended its omission deliberately. Imagine switching on the air cond on an already cool day. It would be a futile exercise right? I’m sure its an oversight on the developer’s part while on the drawing board. It would have been a shame for such a well planned project or touted as being one, especially the developer’s first to display such a glaring if not unnecessary foul up. I’ve purchased many properties b4 for investment but this is the first where ceiling fans are deemed unnecessary in our warm humid tropics! Write in & spare us the embarassment of having to explain to our guests why we don’t have fans!
Comment by 5B Resident — July 12, 2007 @ 2:27 am
Hehe! to recant earlier post ‘….i’m sure the dev could have intended its omission…’ I actually meant, ‘….could not have intended its omission…’. No pun intended.
Comment by 5B Resident — July 12, 2007 @ 2:31 am
Just wondering if anyone has kept up with the progress of the work on site. Doesn’t seem to be much activity taking place. It’s been rather quiet of late, worryingly so. Anyone has info?
Comment by 5B Resident — July 25, 2007 @ 7:57 pm
Any update pictures?
Comment by KL — August 1, 2007 @ 5:52 pm
No one visited the site recently?
Comment by Earth — August 4, 2007 @ 12:33 pm
Can see some workmen stacking up some scaffolding but not much activity at work site. Anyone heard anything from dev?
Comment by 5B Resident — August 4, 2007 @ 10:01 pm
Seriously fellas there is not a lot going on at the site! Well at least if they are thinking of abandoning might as well be in early stages b4 full loan disburse! Don’t want 2b stuck with repayments for a few columns sticking out of the earth. Anyone knows about status of developer with its bridging?
Comment by 5B Resident — August 16, 2007 @ 7:15 pm
hmmm, any progress frm site?
cel, u din update ur blog?
Comment by TEC — August 21, 2007 @ 12:31 pm
Every week drop by also same, works rather stagnent. Just a few workers on site only doing formworks for footings I presume. Will try to take some photos this weekend and post them on my blog.
On the brighter side of things, the Giant Hypermarket in BK5A is opening tomorrow! Appreciation to SR if it gets completed.
Comment by cel — August 22, 2007 @ 12:58 pm
Heard from rumour mill that there might be a university (near Mahajaya) or a private (intl) school in BK. However source is unsubstantiated. Anyone with inside info pls comment. Asked BK developer, they say in hush hush talks with several parties pertaining to latter. Again this only at your own reservations!
Comment by darryl — August 23, 2007 @ 10:00 pm
will call up to check the developer ask for the updated because really the progress too slow!
Comment by taiko — August 26, 2007 @ 3:22 pm
Was at PKB Kinrara shopoffice launch just a little over a week ago. Staff inside there said there’s no way they are going to be able to complete before 36 months delivery judging from the slow progress of the work. Launch was somewhere last Oct & now only 2nd stage???
Comment by darryl — August 31, 2007 @ 10:35 pm
Cel,
pls give URL of your blog
Comment by darryl — August 31, 2007 @ 10:39 pm
hv asked developer, nothing wrong with the project, only technical problem for piling, after tat will go full swing, expected completion on early 2009
Comment by TEC — September 4, 2007 @ 4:33 pm
which mean that the pilling still not yet finish
then why their request for the first payment ar???
Comment by Terry Lee — September 4, 2007 @ 11:57 pm
????….
Comment by TEC — September 5, 2007 @ 10:12 am
i hv checked to the site everyday.Piling already done.now the structure on the way.only few indo working.No worry,everything under control.
Comment by taiko — September 9, 2007 @ 10:08 pm
Hi All,
Any one know there have any unit available for sell? I’m looking for a apartment located in Puchong area.TQ
Comment by ivy — September 10, 2007 @ 9:07 am
ivy, u can call up developer office and check with them, currently only bumi unit is available, as for non bumi, all oredi sold out. heard that the developer is open up the bumi unit to be sold to non bumi, u can bet ur luck.
Comment by TEC — September 10, 2007 @ 9:16 am
Dear TEC,
thanks for your commemt, i will try it. :>
Comment by ivy — September 10, 2007 @ 9:25 am
Dear All,
My luck seen like not so good, the bumi unit yet to open and they also not sure when is it will be open up. :
Comment by ivy — September 10, 2007 @ 12:23 pm
If anyone know when the bumi unit be open, pls reply me.
TQ very much
Comment by ivy — September 10, 2007 @ 12:29 pm
As far as I know, the procedure required before the authority allow release of the bumi units are:-
1. Construction have reach 50%;
2. Proof that the developer have actually tried to sell the bumi units.
In SR case they have done neither… haven’t actually seen this project been advertise or promoted anywhere else, unless anyone out there can enlighten me…
Comment by cel — September 10, 2007 @ 2:34 pm
cel, hv u update ur blog?
Comment by TEC — September 11, 2007 @ 12:34 pm
Went to the site on Sunday. Saw some sort of structure erected at block A.
Comment by Heskey — September 12, 2007 @ 5:08 pm
good day fellow owners,
i just visited the developer office last week, brought a bumi friend to take a look at whatever units were still left off from a year back?! wow, time flies!
Anyhow, construction should continue smoothly from now after some glitches i believe to have happened previously, i’ve also checked out the site most recently as well to confirm the continuation of work.
As for the leftover units, it probably would be opened up after hari raya, for info of those who are still interested be amongst this great community! yay~
As for those are interested in more of this developer’s next project, it should be released by Q1 of next year, 2008. stay tune for SR 2 baby…
Comment by ernie — September 15, 2007 @ 10:09 pm
TEC, I’ve just updated my blog. Looks like they have started the building works for Tower A. Those who bought 1st floor get ready to pay more interest!
darryl, just click on my name below and it will redirect you to my blog.
ernie, I certainly hope they won’t launch SR 2 too early as it will, some how or rather, affect the work progress of SR as their resources & finances would be stretch!
Comment by cel — September 19, 2007 @ 4:46 pm
Has anyone already let go of their unit via subsales?! Whats the valuation like thus far?
Wonders if there’s any sellers who want to do so. (since they managed to book a unit) OR if there’s any buyers who want to start buying units already. (since they weren’t quick enough to grab a unit) …
Comment by ernie — September 30, 2007 @ 1:44 pm
Ernie, have u already dropped by developer ofis? I think now buyers are more concern about the progress at the construction site, hmmm, i mean still very slow….
i am considering to let go my unit, but thinking of how to settle the loan, hmmm, u can contact me lar….
Comment by TEC — October 1, 2007 @ 9:37 am
Recently had talk to my fren working in different developer company. According to him there is not negative news for our developer and he also said as long as the site got some progress, there will not big issue. Let’s pray…..
Comment by KL — October 5, 2007 @ 10:57 am
Hi TEC, How can we get in touch?
Yo KL, I second your views on there’s no problem.
Comment by ernie — October 6, 2007 @ 1:36 am
ernie, u can send email to me
Comment by TEC — October 8, 2007 @ 3:12 pm
my email: tanengchuan2004@yahoo.com
Comment by TEC — October 8, 2007 @ 3:13 pm
How can there be any negative news on the developer when this is their very first project! Need to pray harder!
Comment by yk — October 8, 2007 @ 5:59 pm
The negative news can be their management problem or others possibilities. It can be exist even this is their first project. I did bought a unit as well therefore i don’t hope it have anything bad happens also. Everybody pray……
Comment by KL — October 8, 2007 @ 6:26 pm
I’m still fairly confident with this development, if you’re not, and you’re looking to backout asap,
contact: nigerlim@gmail.com 0129505941
Comment by ernie — October 9, 2007 @ 2:48 am
Pray as we might, but that which is planned on earth is already foretold in heaven! Have seen too many projects fall by the side recently. So lets keep our fingers crossed. Let’s hope Tengku Yusof make good with his maiden foray into property development.
Comment by darryl — October 15, 2007 @ 6:57 pm
nothing update recently?
Comment by Terry Lee — October 22, 2007 @ 9:42 pm
Saw the site recently and work is in progress even during the rain when I drop by. Its still a bit slow but at least now there’s some structures being built on the site
Comment by Mreez — October 24, 2007 @ 2:28 pm
Looks like work has speeded up quite a fair bit. It’s starting to look like a proper construction site now with lots of activities. Block A is already up to 5th level while Block B sub basement car park is under construction. Hopefully the developer will follow thru right up to the end. Wonder if they are behind construction schedule? Has anyone on the lower floors of Block A received their next progressive billing yet?
Comment by darryl — December 21, 2007 @ 8:11 pm
i still waiting my tower two to up
>
Comment by Terry Lee — December 30, 2007 @ 4:12 pm
Guys, tower 2 coming up….tower 1 reach 6th level.
Comment by achin — January 23, 2008 @ 1:31 am
Snuck into Tower A recently to get a feel of the aprtment. Windows are big & airy in the living area, will permit plenty of light in! Great. Master bedroom looks pretty small, think can only fit in a king sized bed & 2 side tables, tv has to be wall mounted LCD! Space might have been compromised by walk in wardrobe, where u’ll be able to fit in a built-in cabinet. Initial thoughts of taking down the adjoining wall of bedroom 2 adjacent to master bedroom was quickly eliminated as the wall is precast thereby forming part of the structure. Would have been great turning 2 rooms into one if you don’t need all 3 rooms. Master bedroom gets an additional side window besides the windows in front. Backyard will have problems turning into wet kitchen as a/c compressors are located there & also plumbing down pipes from the upper units protrude in a way that prevents enclosing area with windows. the 2 bathrooms actually adjoins each other, and the wall is a bricked up affair whic could be torn down. So its still possible to have a jacuzzi at the expense of one toilet! Only thing is i see a great mess of down pipe, wonder why they can’t keep it neat & tidy. Wonder how they are going to conceal it.
Comment by darryl — February 7, 2008 @ 11:03 pm
Hi darryl,
Didn’t take any picture?
Comment by saiful — February 13, 2008 @ 12:55 pm
Sorry no pics. Went in without camera, was not planned on my routine evening walk.
Comment by Daryl — February 14, 2008 @ 10:58 am
for some recent pics pls go to this url:
Comment by daryl teo — March 17, 2008 @ 1:04 pm
i would like to sell my unit at block B, 2 car park, facing swimming pool…anyone interested?
Comment by ooi — May 24, 2008 @ 10:28 pm
how much?
Comment by Heskey — May 27, 2008 @ 7:29 pm
#521: What’s your price?! #522: I second your question!
Comment by ernie — June 3, 2008 @ 2:17 am
hi Heskey n Ernie…feel free to contact me @ 012-3329609 if u r interested
Comment by ooi — June 3, 2008 @ 4:51 pm
Heskey,
Sold @ RM ??
Just a market survey to understand the current market pricing of SR1…
Comment by ernie — July 5, 2008 @ 1:15 am
Cel, what happen to www.sierraresidency.blogspot.com ?
Comment by saiful — July 28, 2008 @ 6:07 pm
Saiful, it is still there, why?
TEC mentioned earlier that there are some problems with the site. Anyone else having this problem?
Comment by cel — July 29, 2008 @ 4:14 pm
The only thing I can see there was, artist impression,scaled model & site plan picture + title for July 14 posting…. Wonder why? (internet explorer). My problem is solved by using Firefox. Thanks anyway….
Comment by saiful — July 30, 2008 @ 6:36 pm
Wow! Progress is fast! Anyone has any idea about secondary market? Anyone sold their unit?
Comment by Pong — September 9, 2008 @ 8:10 am
Completion by June 2009, now price become RM190k for 907 sq, any idea how the rental like?
Comment by achin — January 10, 2009 @ 12:31 am
any one to let off your unit?
Price? Type A? 2 Car parks? Level ??
Comment by HK — April 13, 2009 @ 12:13 pm
Type B, with 2 car parks. Email me if u interested. o.is@live.co.uk
Comment by IS — April 13, 2009 @ 10:11 pm
For Sale: Type A - 1008sf, Tower B, 2 Carparks, Poolview. SMS 0129505941
Comment by ernie — May 24, 2009 @ 12:36 am
after purcchasing 2 units at Merak Apartment BK 3, folks out there, watch out the main Sierremal’s workmanship. Many defects and folks should have team spirit to work together to form JMB asap and takeover the maintenance management of the units before your building management fund dries up! Check out Act 663 Building & Property Maintennance Management Act gazetted in 2007. Living together in common property, you are not alone, you got to work together.
Comment by Stephanie Koh — May 30, 2009 @ 7:41 am
Any idea if VP will be late?
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Comment by Best Credit Cards — October 20, 2009 @ 11:05 am
i really want to buy an apartment at sierra residency. is there anyone selling it? my budget is 170k..if anyone wants to sell, pls contact me at 016 2198423
Comment by feez — October 27, 2009 @ 12:33 am