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 EMPIRE CITY @ Damansara Perdana/Mutiara Damansara, Mixed Development Project in Damasara KL

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BEANCOUNTER
post Mar 1 2016, 04:05 PM

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QUOTE(youknowwhoami @ Mar 1 2016, 02:14 PM)
i bet you used to be one of the owner before?  blink.gif
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unfortunately I don't have the luxury of buying from such developer.

But many of my friends did...and none of them have been a repeat buyers since ED.

Nevertheless, be it ED or EC, I am sure the demand from Gen X and Y is still there....you shouldn't have problem disposing your unit.....it all depends on how much you want to make only.
BEANCOUNTER
post Mar 14 2016, 05:48 AM

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People should pay more attention and get more knowledge before sinking their hard earned money into soxo.....which is not the same procedures and protection under hda and resi title......
And know who is the deeveloper as well.

Development like summer suites and sunrise who is a responsible developer....perhaps everything willl be hanky dory......even if its soxo....

Even earlier...some forumer here (presumed investor) claimed that we bad mouth this project.....haiz...
BEANCOUNTER
post Mar 14 2016, 08:55 AM

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QUOTE(poilam @ Mar 14 2016, 08:10 AM)
Last time do we have same issues for Empire a Damansara ?
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Same lah...sama dna punya...u dun expect them to change or improve.

Also after vp...need to wait for months before can live in...most units ada shit inside (real human shit, no joke)....

Dun say yr 300k pigeon hole lah...even their so called high end empire resi also same same standard de ...

Google the net and see pixs for yourself.

This post has been edited by BEANCOUNTER: Mar 14 2016, 08:59 AM
BEANCOUNTER
post Mar 16 2016, 07:46 PM

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QUOTE(eXTaTine @ Mar 16 2016, 07:24 PM)
Can't see any firesale price yet...
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Ada satu unit kena lelong list lioa.
Rm320k.
BEANCOUNTER
post Mar 16 2016, 07:57 PM

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QUOTE(netboy @ Mar 16 2016, 05:49 PM)

SOHO/SOFO/SOVO on the other hand are most likely without HDA as these developments are approved as "kedai" or "pejabat" and not for residential purpose.
Please lah
Only sofo/sovo not under hda.

Soho on the other hand can be under hda. Not all soho without hda.

Also depends on developers also. I know setia punya sofo vped recently managed to obtain utilities under resi rate summore...if u used it for resi....i was told.
BEANCOUNTER
post Mar 16 2016, 08:05 PM

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QUOTE(nexona88 @ Mar 16 2016, 08:01 PM)
not bad price but bad place  innocent.gif
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This one high floor.....
Literally lelong at developers price.
BEANCOUNTER
post Mar 18 2016, 06:17 AM

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QUOTE(soitsuagain @ Mar 17 2016, 11:13 PM)

Then we really become known as Banglasia. Only Bangladesh and Turkey have buildings collapse because of corruption or shoddy workmanship.
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Only?

Cina dan india pun ada banyak bangunan tumbang leh
BEANCOUNTER
post Mar 18 2016, 06:27 AM

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QUOTE(icemanfx @ Mar 18 2016, 04:33 AM)
Believe many buyers are flippers, don't intend to stay. They will let go at the first opportunity. Hence, won't be interested to take any legal action against the developer.
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Yes exactly.
I believe 80-90% of units sold were flippers or non own stayers.
Investors bought 10-20units at one go de....

Even ownstay owners bought for own stay wlll change their mind about staying there after their vp or whatever the dev called it these days....

I havent been to ec but did visit ed when 'vped'.....over my dead body to stay there.....even for short term....
Taking the lift is like riding a roller coaster......scare scare.
BEANCOUNTER
post Mar 18 2016, 04:43 PM

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QUOTE(Frostlord @ Mar 18 2016, 10:23 AM)
buying >rm500k property, cant even spare <rm10k for legal fees?

if this is not cheapskate, what is?

see developer? before this happen arent they a good developer with successful project(s)?
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Who told u empire city was originally sold for rm500k?
Please get the fact rite first b4 comment.

How many home buyers that you personally know to engage their own lawyer when developer paid for tbe legal fee?

I only know only when the purchaser himself/herself is lawyer only do so.

Obviously you dont know this developer.

This post has been edited by BEANCOUNTER: Mar 18 2016, 04:44 PM
BEANCOUNTER
post Mar 22 2016, 09:05 AM

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QUOTE(kochin @ Mar 22 2016, 09:01 AM)
actually ah, just asking.
are there any recourse for purchasers to back up from the purchase prior to vp?
new hda spa have a clause on withdrawal even after signing with some penalties.
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You mean back out or back off?

Non hda properties penalty berri high de... developers are free to list down their own penalty rate ...
BEANCOUNTER
post Mar 22 2016, 11:26 AM

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QUOTE(l4nunm4l4y4 @ Mar 22 2016, 11:07 AM)
Mammoth Empire already listed as BLACKLISTED DEVELOPERS involved in Sick Projects

So EC must be one of their SICK projects.
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Kalau sakit....kasi ubat loh.....boleh baik punya
BEANCOUNTER
post Mar 22 2016, 11:34 AM

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QUOTE(puchongite @ Mar 22 2016, 11:30 AM)
I noticed Empire Subang is under different company name, even though it's still under MEH group.

Do they use one project one company ?
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Usually developer will create new company for new project. Once the project is completed fully they can close the company and cease to file return.

But the holding company is still responsible for any liability...

BEANCOUNTER
post Mar 22 2016, 11:40 AM

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QUOTE(puchongite @ Mar 22 2016, 11:37 AM)
If it is one project one company name, then the 'projek sakit' referred to by KPKT is indeed Empire City.
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Really? usually the company name is different than the project name de.....for some unexplained reason....

From my experience.....
BEANCOUNTER
post Mar 23 2016, 08:59 AM

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QUOTE(icemanfx @ Mar 23 2016, 12:34 AM)
Those bulk purchase investors are mostly if not all have made $ from property flipping years ago, have silver and gold mountain backing. To them, the longer they hold, the higher the asking price will be, is the last of anyone concern.

By the time they sell their first unit, may be just in time for their waiting list watch to arrive else they need to pay above list price  for the watch.

jolokia correct or not?
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U think ah?

Most investors i know they have 4 holes but only got 2-3 lids to cover nia....

Yes they do look good from outside..with flashy car and watch and mobile phones....

Do u know how highly geared they are?
BEANCOUNTER
post Mar 23 2016, 09:00 AM

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QUOTE(icemanfx @ Mar 23 2016, 12:34 AM)
Those bulk purchase investors are mostly if not all have made $ from property flipping years ago, have silver and gold mountain backing. To them, the longer they hold, the higher the asking price will be, is the last of anyone concern.

By the time they sell their first unit, may be just in time for their waiting list watch to arrive else they need to pay above list price  for the watch.

jolokia correct or not?
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U think ah?

Most investors i know they have 4 holes but only got 2-3 lids to cover nia....

Yes they do look good from outside..with flashy car and watch and mobile phones....

Do u know how highly geared they are?
BEANCOUNTER
post Mar 26 2016, 01:30 PM

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QUOTE(icemanfx @ Mar 26 2016, 10:52 AM)

With residential completed first ensure ready demand for f&b at malls. Mall tenants is reoccurring income and units vpd don't bring any income.

If $ could be made and discount given to existing buyers, many will still buy.
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EC has residential meh?

all 'legally' opis suites nia.... tongue.gif
BEANCOUNTER
post Apr 20 2016, 12:59 PM

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QUOTE(accetera @ Apr 16 2016, 02:51 AM)
Mall now going for November soft opening.

Their tenants can blow me off.
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shocking.gif blow you off....

like in blow job????

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