agile mont kiara faqs

AGILE MONT KIARA FAQ

Project Information

Address Jalan Duta Kiara, Kuala Lumpur

Location Mont Kiara

Type of development High Rise Residential

Land use and tenure Freehold, Residential Title

Land size 10.16acres

No of units 813

No of storey and blocks 4 blocks of 44 storey, 2 blocks of 18 storey, 5 blocks of 8 storey

Units configuration Types and sizes

Breakdown of unit type

Tower Type Size (sq. ft.) No. of units

H A 1,162 41

B 1,345 43

C 1,560 43

D 2,012 42

A (G floor) 1,108 + 223 1

D (G floor) 1,963 + 537 1

Total 171

Total no of car parks 1,909

Type of units and car park provision

All units comes with TWO (2) car parks except selected units on the high floors which are allocated THREE (3) car parks

List of recreational facilities

Environmental Deck, Swimming pool, Jacuzzi, Sky Deck, Spa Pavilion Gym, Badminton Court, Tennis Court , Nursery, Clinic, Lounges, Playground, jogging track

Security 5- tier

Others Ceiling height: 3m No of lifts:3 units

Pool dimension: 37m X 21m

List of USPs - Freehold - Residential title

Developer Agile Property Limited is one of the leading integrated developers in Mainland China, Agile thrives on its core business of integrated residential community development with projects ranging from all over China including regions such as Hong Kong and Macau. They are also actively involved in the construction and operation of hotels, shopping malls, and office buildings all over China. Agile is also listed on the Hong Kong stock exchange. PJ Development Holdings Berhad, an investment holding company, invests in, develops, and manages real estate properties principally in Malaysia. Pj Development business operations stretches from Kedah, Penang and Perak in the north, to Melaka and Johor in the south as well as Pahang in the north east. They were voted as one of Malaysia’s top 10 Developers by The Edge, PJ Development also has regional operations in countries such as Thailand and Australia. PJD is also listed on the Malaysian Stock Exchange (Bursa Malaysia).

Project Team Architect: DP architect Landscape: Belt & Collins (Singapore)

Selling Price Approximately RM900 – RM1,100 psf before rebate (RM800 – RM1,000 psf) after rebate Average price: RM1,023 psf before discount (RM920 psf after rebate)

Maintenance charge Indicative RM0.40 psf inclusive of sinking fund

Booking Fees RM10,000 (written to Agile PJD Development Sdn Bhd)


Transport and Accessibility

Public transport Bus, Taxi

Traveling distance

Destination Distance Travel Time

KLCC 10.0 km 19 mins

Petaling Jaya 15.0 km 24 mins

Subang Jaya 20.0 km 30 mins

Shah Alam 30.0 km 35 mins

Taxes and Utilities

Stamp Duty on Transfer It is only payable when strata title is issued. 1% for the 1

st RM100k

2% for RM 101k to RM500k 3% for RM 501k and above

Purchase Price (RM) Estimated Stamp

Duty (RM)

800,000 18,000

1,000,000 24,000

1,200,000 30,000

1,400,000 36,000

1,600,000 42,000

1,800,000 48,000

2,000,000 54,000

2,200,000 60,000

2,400,000 66,000

2,600,000 72,000

2,800,000 78,000

RPGT


MM2H

Malaysia My Second Home is promoted by the Government of Malaysia to allow people from all over the world who fulfill certain criteria, to stay in Malaysia as long as possible on social visit pass with multiple entry visa. The “Social Visit Pass” is initially for a period of 10 years (depending on the validity of applicants’ passport)and is renewable. Acquisition of Residential Unit

a. Exempted from FIC’s approval under the programme b. Limited to 2 units only

c. Applies to all residential units except State Authority has the discretion to consider the acquisition based on location, no. of unit in any single project development and type of properties.

c. Any acquisition under the programme must be directly applied to Ministry of Tourism and not FIC.

d. The acquisition will be notified to FIC by the Ministry of Tourism Acquisition Procedure of Residential Unit Under MM2H

a. Identify the property in which the participant intends to acquire OR b. Buy the properties that have been issued the Certificate of Fitness (CF) c. Seek information on the property from relevant authorities d. Get a letter from Ministry of Tourism certifying that the acquirer is a participant

of MM2H e. Assign a lawyer and get the S&P Agreement signed. MM2H REQUIREMENTS

To join the Malaysia My Second Home Program, there are certain criteria that needs to be met by applicants. MM2H Requirements dictate that applicants are expected to be financially capable of supporting themselves on this programme in Malaysia. MM2H REQUIREMENTS UPON APPLICATION

i. Applicants aged below 50 years are required to show proof of liquid assets worth a minimum of RM500,000 and offshore income of RM10,000 per month. For certified copy(s) of Current Account submitted as financial proof, applicants must provide the latest 3 months’ statement with each month’s credit balance of RM 500,000. ii. Applicants aged 50 and above may comply with the financial proof of RM350,000 in liquid assets and off shore income of RM10,000 per month. For certified copy(s) of Current Account submitted as financial proof, applicants must provide the latest 3 months’ statement with each month’s credit balance of RM350,000. For those who have retired, they are required to show proof of receiving pension from government approved funds of RM 10,000 per month. iii. New applicants who have purchased properties worth at least RM 1 million qualify to place a lower fixed deposit amount upon approval. MM2H REQUIREMENTS UPON APPROVAL

Successful applicants are required to comply with the following financial criteria upon receipt of the conditional approval letter’ from Immigration Department of Malaysia. MM2H Requirements Upon Approval : Aged Below 50 years old

* Open a fixed deposit account of RM300,000.00. * After a period of one year, the participant can withdraw up to RM150,000.00for approved expenses relating to house purchase, education for children in Malaysia and medical purposes. * Must maintain a minimum balance of RM150,000.00 from second year onwards and throughout stay in Malaysia under this programme. Approved participants who have purchased and own property which were bought at


RM1 million and above in Malaysia may comply with the basic fixed deposit requirement of RM 150,000 on condition that the property has been fully paid and ownership documents such as grant and land title have already been issued. This amount may not be withdrawn until the participant decides to terminate his participation in MM2H programme. MM2H Requirements Upon Approval : Aged 50 years and above

* Can either choose to: Open a fixed deposit account of RM150,000.00 OR Show proof of government approved pension funds of RM10,000 * After a period of one year, participant who fulfills the fixed deposit criterion can withdraw up to RM50,000.00 for approved expenses relating to house purchase, education for children in Malaysia and medical purposes. * Participant must maintain a minimum balance of RM100,000.00 from the second year onwards and throughout his/her stay in Malaysia under this programme. Approved participants who have purchased and owned property which were bought at RM1 million and above in Malaysia may comply with the basic fixed deposit requirement of RM 100,000, on condition that the property has been fully paid and ownership documents such as grant and land title have already been issued.This amount may not be withdrawn until the participant decides to terminate his participation in MM2H programme. MEDICAL REPORT

All applicants and their dependants are required to submit a medical report from any private hospital or registered clinic in Malaysia. MEDICAL INSURANCE

Approved participants and their dependants must possess valid medical insurance coverage that is applicable in Malaysia from any insurance company. However, exemptions may be given for participants who face difficulty in obtaining a medical insurance due to their age or medical condition. SECURITY BOND

Direct Application only Applicants applying directly are required to fulfill the security bond condition. Please refer to Personal Bond for rate per person by nationality, ranging from RM200-RM2000.00. PERSONAL BOND

Application Through Agent Licensed companies are required to provide the personal bond for their clients who have been approved under the MM2H Program. If you have a question about the MM2H Requirements to join the program


Frequently Asked Questions

Sales package 1. Legal fees – Free SPA and Loan Legal fees only 2. Rebate – 5% + 5% (1

st and 2

nd Schedule payment)

3. VP – RM20,000 move in bonus

Legal 1. Who are the panel lawyers? - PW Tan & Associates - Soo Thien Ming - Khaled Mutang - Faez Leong

Management 1. Who is going manage the property after completion? Currently Knight Frank Malaysia is in negotiation with the developer to serve.

2. What is the maintenance fee? Who is going to bear the maintenance fees? Indicatively maintenance fees RM0.40 psf inclusive of sinking fund.

End Financing 1. Panel banks for end financing? - CIMB - UOB - HLBB - MBB - Bank of China - HSBC - RHB - Alliance - OCBC

2. Max Loan Margin & Max Loan tenure for this project?

LTV 90% , Tenure max 35 years (vary from bank to bank)

3. Loan for foreign buyers – margin and loan tenure Check with bank

Booking & Sales Procedure

1. Any refund of booking deposit if loan rejected? Full Refund

2. Any additional discount for cash buyer? No.

3. How is the progress billing stage? According to Schedule H of HDA

4. Expected completion of the project Estimated 2019 (48 months)

5. Any additional carpark bays for purchase? How much? No.

6. What are the furniture’s brand name and the furnishing quality? Furnishing Lists? Please refer to the unit specification.


7. Is bulk purchaser entitled for better discount? Minimum quantity of

units for bulk purchaser? Vary from case to case basis, negotiable.

agile mont kiara faqs

Real Estate