QUOTE(HarpArtist @ Jan 3 2016, 12:15 PM)
+1EMPIRE CITY @ Damansara Perdana/Mutiara Damansara, Mixed Development Project in Damasara KL
EMPIRE CITY @ Damansara Perdana/Mutiara Damansara, Mixed Development Project in Damasara KL
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Jan 3 2016, 12:20 PM
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Senior Member
2,699 posts Joined: Sep 2015 |
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Jan 3 2016, 02:00 PM
Show posts by this member only | IPv6 | Post
#2442
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Senior Member
1,686 posts Joined: Aug 2011 |
QUOTE(BigMan123 @ Jan 3 2016, 10:03 AM) Article says delay in completion..which is quite normal. Tropicana has delayed the completion of its grande condo few years back but are still super strong. It's a big parcel of land and over optimistic lead to delays delay is normal provided the site is full of workers 24hrs rushing type.....like Tropicana...but this EC site is nothing like what it is supposed to be right? |
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Jan 3 2016, 02:52 PM
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All Stars
13,761 posts Joined: Jun 2011 |
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Jan 3 2016, 03:42 PM
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All Stars
48,552 posts Joined: Sep 2014 From: REality |
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Jan 3 2016, 03:54 PM
Show posts by this member only | IPv6 | Post
#2445
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Senior Member
10,001 posts Joined: May 2013 |
I have signed a Tenancy Agrt with them to lease a retail lot in Empire City Mall last year
They inform VP in Q3/2016 tis yr Have a chat with my solicitors last week n will proceed to determine the TA as the 'waiting period' is too long |
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Jan 3 2016, 04:28 PM
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All Stars
48,552 posts Joined: Sep 2014 From: REality |
better make fast decision
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Jan 3 2016, 05:20 PM
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Junior Member
400 posts Joined: Jul 2010 |
It is obvious that they are not in position to be good pay master, else the contractors die die also rush for u la, especially in such downbeat economic environment.
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Jan 3 2016, 06:28 PM
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Senior Member
3,838 posts Joined: Sep 2013 |
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Jan 3 2016, 07:17 PM
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740 posts Joined: Nov 2012 |
QUOTE(RTFM69 @ Jan 3 2016, 10:46 AM) ED residents dont happy so fast oh, unless u selling it quick , else if company in deep shit , their strata title also at risk. Ya. If bankrupt, it will be very troublesome later to buy and sell ED without title being issued. MEH will launch EC2 to cover he hole then u see remix ll be full force. In the end, one good fine day, one will eventually "koyak". Let's wait to see which one would be it be. |
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Jan 3 2016, 07:53 PM
Show posts by this member only | IPv6 | Post
#2450
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Senior Member
3,665 posts Joined: Aug 2014 |
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Jan 3 2016, 08:11 PM
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Senior Member
2,114 posts Joined: Aug 2010 From: Edge Of D. World |
QUOTE(odieboy @ Jan 2 2016, 10:16 PM) True, I passed by last few days, literally no work at all. Hopefully it is just new year break. No workers to be seen even today. Developer will lose big time if abandon now. QUOTE(MonGJiHyo @ Jan 2 2016, 11:24 PM) Tower cranes have stopped like 2 months now. My office just across LDP, can see only some workers watering plants, inside and outside also no workers doing work. Wonder if the residential units are affected?? All the buildings outside seems like almost complete, but inside still a lot of work not done. |
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Jan 3 2016, 11:41 PM
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All Stars
21,457 posts Joined: Jul 2012 |
QUOTE(lch78 @ Jan 3 2016, 08:11 PM) Tower cranes have stopped like 2 months now. My office just across LDP, can see only some workers watering plants, inside and outside also no workers doing work. It is unusual and few reasons for contractors to suspend work. Given the size and advance stage of this development, prolonged delay in vp may have spill over effect greater than this development.Wonder if the residential units are affected?? All the buildings outside seems like almost complete, but inside still a lot of work not done. This post has been edited by icemanfx: Jan 4 2016, 01:45 AM |
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Jan 4 2016, 08:46 AM
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Senior Member
2,114 posts Joined: Aug 2010 From: Edge Of D. World |
QUOTE(icemanfx @ Jan 3 2016, 11:41 PM) It is unusual and few reasons for contractors to suspend work. Given the size and advance stage of this development, prolonged delay in vp may have spill over effect greater than this development. Normally this kind of situation happens when money stop flowing....Developer runs out of cash maybe?? |
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Jan 4 2016, 08:49 AM
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Senior Member
2,470 posts Joined: Oct 2010 |
Passed by and the cranes are still there. So are the workers...so all is well
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Jan 4 2016, 09:14 AM
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Senior Member
3,835 posts Joined: May 2008 |
QUOTE(nexona88 @ Jan 3 2016, 03:42 PM) If oil price is hitting USD20bbl, more excuses for ah jib kor to increase gst and impose tax on petrol.ah jib kor will not reduce government expenditure nor increase transparency and efficiency. |
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Jan 4 2016, 10:16 AM
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Senior Member
2,699 posts Joined: Sep 2015 |
QUOTE(gks @ Jan 4 2016, 09:14 AM) If oil price is hitting USD20bbl, more excuses for ah jib kor to increase gst and impose tax on petrol. true.. in the end people like us suffers badly as cost of living increases, more job losses, pay cut, buying power decreases..etc.. ah jib kor will not reduce government expenditure nor increase transparency and efficiency. |
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Jan 4 2016, 10:20 AM
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Senior Member
3,835 posts Joined: May 2008 |
QUOTE(MonGJiHyo @ Jan 4 2016, 10:16 AM) true.. in the end people like us suffers badly as cost of living increases, more job losses, pay cut, buying power decreases..etc.. Just from Malaysia micro context, as Malaysians we will not enjoy the full savings of the low petrol price.I strongly think we will not enjoy the RM1.10/liter the heyday. There will be more cons than pros for the low oil price. |
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Jan 4 2016, 10:40 AM
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All Stars
48,552 posts Joined: Sep 2014 From: REality |
QUOTE(gks @ Jan 4 2016, 10:20 AM) Just from Malaysia micro context, as Malaysians we will not enjoy the full savings of the low petrol price. according to some people. We actually are paying 'petrol tax' now.. The 'real' retail petrol price is much lower!I strongly think we will not enjoy the RM1.10/liter the heyday. There will be more cons than pros for the low oil price. |
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Jan 4 2016, 10:48 AM
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Senior Member
3,835 posts Joined: May 2008 |
QUOTE(nexona88 @ Jan 4 2016, 10:40 AM) according to some people. We actually are paying 'petrol tax' now.. The 'real' retail petrol price is much lower! It is possible. Assuming exchange rate USD4.3 and USD38/bbl plus the refinery cost about USD10/bbl, the price should be around RM1.30/liter. So plus transport, petrol station cost and profit etc... Retail price for RON95 is RM1.85/liter??? |
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Jan 4 2016, 10:07 PM
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Senior Member
1,686 posts Joined: Aug 2011 |
QUOTE(BigMan123 @ Jan 4 2016, 08:49 AM) observed that u always said good thing about this developer, and u r way too obvious....too bad the reality is otherwisefor those purchasers of EC already paid many months instalments without access bridge complete.....no CCC the cranes are of course there lah....if take down means going to complete in 3-6 months time....EC is no no way near there got workers? tens of workers for a few million sq feet construction...pls wake up when too many problems projects come at one go......that is it...hold tight |
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