Tuesday, August 6, 2013

signed the spa ...!

this SPA has nothing to do with scrubs and massages ... it's the Sales and Purchase Agreement :)

so ... we signed the SPA for our new/old place in serdang last night! *drumroll*

why a subsale? there are pros and cons of buying a pre-loved property but i'm fully convinced that unless you are purchasing an apartment for the sole purpose of investment - you would do better to buy a place that is a little mature for several reasons. since there are fairly few 'new' built properties in the msian context, with a subsale property - you know exactly what you're getting. the SPA is a word document - and no amount of words and certainly no artist renderings can paint a true picture of an apartment. just like how most people would not marry their spouse until they have met and spent time together - i think it is important to have walked through a house and to have a sense of the spatial flow, height of rooms, how the sunlight enters the space, etc. secondly, it's good to have an idea of the neighbors you're getting and the overall competency of the condo management for obvious reasons. i'm less concerned about the 'age' of the building - because old hardware, pipes, wiring, etc. can generally be replaced. anyways. again - in the msian context - old is relatively young - 10-20 years is young when you compare to apartment buildings elsewhere.

so now we have to wait patiently while lawyer submits the documents to the land office to get their consent for the transfer. and then the actual processing to transfer the title of the property ... lawyer estimates it will be after cny 2014 before we get the keys to the apartment. hmm. why the super long wait? from what i understand the land office is short-staffed in the condo/strata dept because there are so many such transactions in the klang valley - apparently it takes only 7 days for landed property transfer.

thankfully we have the rental leased for a year so i think that the timing should work out just fine. :)

in the meantime i've measured out the apartment and have been playing around with the spaces. am planning to remove a couple walls so that the living/dining/kitchen/library are a single open space. i'm also planning to punch a whole in the utility to connect it to the main hallway and to carve out a study in the oversized masterbedroom - which will then make it the same size as the other rooms. the current size of the masterbedroom is pretty big ass and quite luxurious - but i want to have another little room/private study and given the roominess of the common spaces i think it is justifiable to have a more compact bedroom. -to be cont.

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