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 1120 Park Avenue - PJ South, any comments?

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SUSworgen
post Nov 13 2010, 09:06 AM

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QUOTE(kemc1120 @ Nov 12 2010, 03:20 PM)
Hi Friends of Park Avenue 120,

Guess we still have not got one volunteer to get and post the works programme in the forum. Hope to see one soon.
I note that some are anxious to know who their neightbors are and some are not too worry as we still have two years of construction period. Frankly, i am not so comfortable with the progress. Given 3 years of construction time, one year is gone. The progress should be at least 30% completion ( 1 over 3 yrs). Actual progress is no way near. It is a bit worrying to complete 3 years work in 2.
I hope the completion of Park Avenue will be in time. God bless us that we will not encounter like what has happened to the project near by -PJCC where the project was totally stopped after completing almost 90%. Poor purchasers of that project ended up tied by bank installments but has no possession of units purchased (imagine 90% of loan from banks would have been paid out and charged to borrowers). If there is trouble (i say "if"), better have it early. The banks will not have paid out too much yet on our loans and hence our debts to the bank.

Hope all goes well. Cheers.

kemc1120
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Works programme is just a programme and can be programmed as you wish. You can programme it for 3years, then revised it to 2years or further revised it to complete the project in 1.5years (this mission impossible can only be achieved with 24 working hours). Works Programme only wont tell you anything whether the project going to be on time or not. For this case, for sure the original master programme already TOTALLY OUT!! The completion of the project very much depend on the management/execution, proper cash flow (most important), manpower and no shortage of construction material. So, its not as easy as just looking at the works programme and in S&P, developer dont have to show you any works programme. They will only bill you accordingly when they achieve the site progress according to sechedule of payment. (I think is schedule G) So, the best you can hope for is that the developer not facing any cash flow problem. At least for sure the project still can be completed even if it is slow. cool2.gif

This post has been edited by worgen: Nov 13 2010, 09:13 AM
SUSworgen
post Nov 13 2010, 06:47 PM

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QUOTE(kemc1120 @ Nov 13 2010, 12:39 PM)
Friend,

Master works programme is meant to be followed and not for show. It WILL tell you if the project is lagging or leading schedule. If it is lagging seriously, anxious purchasers should find out why -is it cash flow or management problem. Those not in need of a place to stay or those that have the financial strength - do need to frown at all.

Works programme is not a secret and the developer should review it unless there is a "PROBLEM".

Cheers
p.s. May be MALAYSIA BOLEH - complete in 6 months like China.
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Aiya, you also already mentioned mah, "Given 3 years of construction time, one year is gone". Foundation stage also no finish yet!! Common sense also will tell you already lagging, no need to see any programme. No way can finish within 2 years!! If double storey house can la. doh.gif

This post has been edited by worgen: Nov 13 2010, 06:56 PM
SUSworgen
post Nov 14 2010, 01:27 AM

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QUOTE(HUJIUNEN @ Nov 13 2010, 06:17 PM)
but wat i know is the completion period for this 1120 unit is on december 2013
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Check your S&P and see the actual date to vacant possession or handing over unit to you. Normally 36months from signing S&P.


Added on November 14, 2010, 1:45 am
QUOTE(graneon @ Nov 13 2010, 10:34 PM)
worgen, you are so kind to reply to kem1120. i see such a stupid question already too lazy too reply. he even ask twice . i cant imagine any developer would give their works program to public. why not also ask for their cash flow, contracts details, minutes etc? how naive can one get?

Imo, i see the delay might be for due to financial planning as the developer is going to absorb all purchasers' loan interest during construction period. Its not wise to start work immediately and bill in stages throughout the 3 years as what normally developer does because when the first billings for work done is out, the developer will need to accrue interest for the purchasers' loan once they are disbursed. To save on finance cost, the developer may chose to start work on a very tight schedule, perhaps completion within 1.5 years, even 1 year is still doable. Actually I am not surprise to see the developer start works only in mid of next year. After July 2011, if the first billing is still not out then you guys can start worrying.
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Yes, you are right. The developer wont give to you all those documents. If i want to explain on the working programme, i think i need to write 1 whole page on how developer run the project. To complete within 2 years is VERY VERY TOUGH. And need 24hours working but then working hours constraint by the Authority. If surrounding areas are residential, its hard to get 24hours working permit. For sure in KL, you wont get 24hours working permit in residential surounding area. I m not sure in PJ. So, in any high rise building, minimum i would say at least 2.5years in general required and still depending on so many factors and others constraint. cool2.gif

This post has been edited by worgen: Nov 14 2010, 01:50 AM
SUSworgen
post Nov 14 2010, 09:27 AM

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QUOTE(bcteh @ Nov 14 2010, 01:56 AM)
If I'm right, there is a penalty to developer if they are late, as mention in S&P right ?
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Yes, 10% per annum if vacant posession of unit not given to Purchaser after 36 months from S&P.
SUSworgen
post Nov 16 2010, 10:13 PM

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QUOTE(graneon @ Nov 16 2010, 07:45 PM)
walaueh project is not even 1 year old, some smart ppl already TALK about ministry, committee and press pressure. dont u think its a bit premature....btw i will arrange for a meeting with HDA and housing ministry or mayb pm's department but that will also be in 3 to 4 months time since i'm also overseas now.

kemkem, I 100% SUPPORK YOU....gambatei
now what's next?
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Yes, i do agree that its a bit premature for all this measures. The developer have 3years contract binding with purcharser. First of all, any body went to the site and check if any works still going on? What is the actual site progress? Piling 100% or not? Or pilecap progress half way and stop? Or ground slab started and stop half way? If certain stage of work started and totally stop half way, it give indication the Contractor is facing problem. If work still in progress but not TOTALLY STOP, its still not too bad. smile.gif

This post has been edited by worgen: Nov 16 2010, 10:14 PM
SUSworgen
post Nov 16 2010, 11:34 PM

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QUOTE(kemc1120 @ Nov 15 2010, 06:06 PM)
For everyone's information, I will seek advise from the ministry of housing on the Park Avenue project. It would be best if i can go to the ministry by person but unfortunately i am away. Will try to find out the contact/email of the housing ministry. Anyone has website, please post it to the forum. If i can get back to M'sia and speak in person with the right guy there, it will be helpful. This will happen only in 3 to 4 months' time.

The question i can expect from the ministry is how can i be sure that the project is actually behind schedule. I can't say so and so in the developer's office said so. I anticipate they will ask for proof before they entertain me. I would really appreciate if someone can get hold of the construction scheduled plan (if they don't have the works programme - which is MUST in project execution).

Forming a committee is one option but it would be an unlicensed one. Hope the developer will entertain the committe. Anyone care to initiate on this?? Please post in the forum that you support the move and ACTION. NO POINT GUESSING, HOPING THING WILL BE OK or GIVING UNCONSTRUCTIVE COMMENTS/CRITICISM. Be diplomatic, life has a long way to go.

So, can we have some show of support?????????????

Cheers
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The ministry of housing will not tell you if any project is behind or ahead of schedule. This is not part of their roles.

Construction schedule plan? They have many working programmes. Last time the COW give you what programme? It can be either macro or micro programme. They have master programme as well as catch up programme. They may have also the accelarated programme if required. So, which programme are we referring to know if they are behind schedule? So, how to proof the developer is behind schedule? What is the required minimum cycle times of each trade involved in the programme?

The best is to understand what actually happened at site. By looking at the site activities, we can have some indication what is happening. Contractor progress but very slow? Or Contractor stop works ie no activities at all? Activity at this moment shall just the structural works. If we are certain that there is no activities or very slow progress and very few manpower, then only we go to the developer office and ask the appropriate questions. If they have not bill you the foundation, try to ask them when is the billing. Then also, ask the tentative next billing ie the structure frame works. All the billing in your S&P mostly in the sequence of construction. cool2.gif


Added on November 16, 2010, 11:59 pm
QUOTE(pengpoi @ Nov 16 2010, 11:23 PM)
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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Piling is not a issue here. This is just a normal pile use in the market as this is just a normal building. Manufacturing or curing of pile not a issue for the Contractor. All building must have solid foundation whether low cost apartment or high end condo. Solid foundation depend on engineer proper design and the construction follow Method of Statement and Inspection Test Plan. Piling longer time dont gurantee better quality. icon_rolleyes.gif

This post has been edited by worgen: Nov 17 2010, 12:31 AM
SUSworgen
post Nov 17 2010, 09:06 AM

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QUOTE(preliew @ Nov 17 2010, 01:14 AM)
if the developer situation really like what u describe, means that they are really not in good planning, they don't have enough 'expensive piles' like you said, but they still launch all the units in short time frame, and now seems like gt trouble in construction in order to progress smoothly...how come a so experienced developer who went thru 3 crisis has such a poor management on the working schedule??...dun forget TALAM is also a major developer for a long time until they finally screw up...
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No such things as 'expensive pile'. Type of pile used or choosen depend on the most economical, efficiency, soil condition and the most appropriate method, and have comply to environmental requirement such as no vibration if near residential area. If not all adjacent building will have crack problem. icon_idea.gif

This post has been edited by worgen: Nov 17 2010, 09:17 AM
SUSworgen
post Nov 17 2010, 09:24 AM

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QUOTE(preliew @ Nov 17 2010, 08:33 AM)
wisma peter is just nearby, instead of keep looking on the site, it's better just go upstair knock on the door to find the peter' 3 daughters and ask for explaination....
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Yes, you are right. But before look for explaination, get the right facts 1st , then pose the right question to the 3 daughters. drool.gif brows.gif drool.gif

This post has been edited by worgen: Nov 17 2010, 09:25 AM
SUSworgen
post Nov 17 2010, 09:54 AM

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QUOTE(sam59 @ Nov 17 2010, 09:36 AM)
1st they said the piling will start after chinese new year..end up started in may/june...then they said 1st billing will be in august...until now no billing..that is very apparent that they are behind schedule and they are delayed..that was my argument with manager and he can't answer..at last he admitted that the construction is experiencing some delay..and now no construction at all..
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Now can try get explantion from the 3 daughters why stop work? Other than that, hmmm, nothing much can be done.. Normally la, money problem is the main culprit. Never pay the Substructure Contractor?? sweat.gif sweat.gif sweat.gif

This post has been edited by worgen: Nov 17 2010, 10:24 AM

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