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 1120 Park Avenue - PJ South, any comments?

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pengpoi
post Nov 16 2010, 11:23 PM

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Dear All

please stop all speculations. Put yourself in the developer shoes. They have a big parcel of land and supposedly plan to sell phase by phase. But the demands were extremely good and they were caught in surprise. I believe they did not award the contract to contractor when they launched the project. It was definitely a surprise to them. therefore, they were spent their times on this.


Besides, if there are engineer in this forum, he/she must understand the site conditions. Look at the pile they used. These are expensive pile. Not many company in M'sia doing this kind of pile. Again, times needed to manufacture the piles. It cannot concrete the pile today and use tomorrow. It required certain setting time.
It also required longer time to do the piling at this kind of site condition. Don't push them if you want the solid foundation.

If you are worried, you should look at the developer background. He went through at least 3 crises. They have sold out all the units and i did not see them launching new project. The funds are there for them to construct the building. Unless, they are optimised the existing funds for other to-be-launched project. If this happen, the chances you and i will be stuck are high!!!


Anyway, i believe phase 1 buyers who purchased in Dec 09 may able to get some extra interests.

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