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 1120 Park Avenue - PJ South, any comments?

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ebackbone
post Jan 5 2011, 12:13 PM

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anyone else thinks that this project will be catastrophically bad if it is ever completed? the reason is because since the launch, progress is at a super snail's pace and costs of materials has jumped a lot in 2010 and will be even more come 2011. at the rate of construction, the costs for materials when it is needed will be so high that the original pricing is not worthwhile for the developer anymore. the developer will be faced with two choices then. either abandon the project or use alternative super low cost materials and cutting corners here and there to try to maintain their previously projected profits. either way, it'll turn out to be a bad result for the buyers and investors. since this is a leasehold project, it makes it super hard to sell off the units for any investors especially if the delivery of the completed project is poor.
ebackbone
post Jan 7 2011, 04:51 PM

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QUOTE(vincemy @ Jan 7 2011, 01:58 PM)
Please read today's TheSun, 7th January 2011, page 11: "No Price Hike in Building Materials"
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I guess you could have missed out the news of hike in prices of oil, sugar, food, etc etc that will also indirectly affect development and construction which will also trickle into building materials eventually smile.gif

This post has been edited by ebackbone: Jan 7 2011, 04:52 PM
ebackbone
post Feb 25 2011, 11:52 PM

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QUOTE(vincemy @ Feb 25 2011, 06:24 PM)
I have received an email reply from the Management for 1120 Park Avenue today and it reads:

"We regret to inform that we shall not be offering the additional service of providing further power points, water heaters and etc. We can however, help to recommend some qualified electricians should you not have one already." hmm.gif
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very rare developers will offer to do that. reason being they don't want to add on to their burden of fixing extra things outside of what they promised in the S&P. imagine the trouble of servicing warranty for items added on because owner dissatisfied or something.

QUOTE(brianchinh @ Feb 25 2011, 09:41 PM)
I wrote an email to them too and they gave the same reply.
Apart from that, i inquired of the ceiling height.
Below is the 1120 reply on that:
"In terms of the height of the ceiling, it is approximately over 9 feet."
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best to take it as 9.1 feet is still over 9

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