Lowyat.NET: Latest topics by kenshi813

Charge to bank in land title interpretation

Thu, 01 Jan 1970 07:30:00 +0800

Charge to bank in land title interpretation

kenshi813 — Wed, 23 Mar 2016 10:31:32 +0800

Say the land title shows that it is charged to bank at 2mil in 2014..does this mean that owner borrow 2mil from the bank to finance the land ? if this is the case, given that usually loan to value ratio for land is ard 50%-60%, bank value the land at 4-5mil ? or owner use the land as collateral to refinance 2mil? or there is other meaning?

Please enlighten. Thanks.

How to interpret charge amount on land title?

kenshi813 — Tue, 22 Mar 2016 14:02:05 +0800

More panel banks in a new project is better?

kenshi813 — Sat, 09 Jan 2016 14:18:49 +0800

Came across this claim which says less panel banks in a project meaning the project is not that favorable as it implies even the banks are not confident with the project.Does this make sense? Couldnt it be that a particular bank is confident with the project so they be the sole financier? Normally how many panel banks in a project? How does this works say from a developer point of view? Anyone with the knowledge can enlighten us on this? Thanks.

Cost to build a 2400 square feet house

kenshi813 — Sun, 21 Jun 2015 14:21:40 +0800

As title, any architects, contractors or in the building industry can enlighten me on the cost of building a modern and contemporary house from scratch excluding interior design/furniture/kitchen fees..

Just wanna have an idea how much will it cost to have the barebone house (with electrical wiring and piping) build. A rough figure for the total lump sum will do...I presume the cost involved are :

a) earthwork prep, pilings
b) architect fees
c) the house

Assuming size is 1200 square feet per floor so a total of 2400 square feet.. Something look like the photo below..

Thanks for any input.

[attachmentid=4495031]

lawyer's duty when representing seller in a deal

kenshi813 — Sun, 08 Mar 2015 18:05:06 +0800

hi, i have searched the forum and found couple threads about whether seller should appoint a lawyer when selling a property. however, i still have some doubts.

Assuming the property is no longer on loan from bank. All debt is clear. Can anyone elaborate or enlighten what kind of scenario will be devastating to the seller should the seller doesn;t have his own lawyer ?

one of the thread mentioned a dishonest buyer lawyer (seller using the same lawyer) cause the seller to lose claim for late payments. any other possible worst case scenarios ?

thks.

Plot ratio in kota kinabalu?

kenshi813 — Mon, 01 Dec 2014 12:41:22 +0800

I would like to ask where can i find the plot ratio for a specific piece of land? is it at dbkk or land & survey department? and what is the procedure needed to get the plot ratio?

Thanks.