for the knowledge of EC curious forumers sake....this project is into its 6thhhh year since launching in 2010

remember myrealestate.com......long time gone liau
remember wtfproperty.com.....also gone liau
remember their super investor club for EC??!!!

yes EC is still far from completion.....let alone ccc

This post has been edited by Donald Trump: Jan 4 2016, 10:26 PM

one crane is working just now..but cant see any worker on site.

the mall top floor (only 4 floors) still half empty. and thats with all Empyre's inhouse brands in already.

everything inhouse to save $ here even contractor. maybe thats y forever also cant complete. side note i would love to see a brt from ikea mrt to mont kiara that directly stops here.

It is also in the interest of the developer to complete the project ASAP. I can understand if they take their sweet time to do the defect rectification of condo after handing over as there is no loss to them but here we are talking about commercial properties where payments have yet to be paid before completion and the mall where there is no income at all from rental. Some may abort buying like MyEG as it has breached the terms. What would be the real reason behind the delay? Banks withdraw funding because they are not able to service loan, management problem, planning problem etc etc... judging from the current progress, the whole project will be delayed by long long term and we will be lucky if it will able be completed as the longer they delay the bigger the chance it will be abandoned. Can Mammoth Empire afford that as they still hv other ongoing projects? Till to date after more than 3 months, defect rectification for Sunday and Halo has not completed. What can the owners do about it? What our rights? Any advice?

With end financing, payment is from buyers/borrowers bank. If the project is sold over break even point, there shouldn't be any funding issue.

Rest yes but what about commercial/office building where the delay is from now? Not forgetting for the mall which is owned by themselves.

There shall be consolidation. I just don't see them having the ability to manage retail shoplots, let alone a mall.

Taken last sat


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Ya.. myreal then FLY investor group then wtf....the main man F behind now a prop guru....he is giving talk everywhere... lol...if ada chance maybe can ask him on the spot infront of all students about this EC... the maiden project he tried to sell via agents' units. Old prop kaki all know about this.Having said that, if EC can complete, i believe can fly but now it is all. about completion risk. Please dont abandon, it will eyesore to PJ folks for many many years. Kampung kerinchi is at risk if it is abandon then collapse.

This post has been edited by propertybbb: Jan 5 2016, 11:37 AM

Still a lot of works.... Empire Damansara also handover in under construction condition and required 6months before moving condition.

This Empire City seems 5X magnitude than Empire Damansara

The huge mall is no joke. Cannot compare with ED at all. N mall etc all by themselves...not to say the other office blocks. Not surprise...office block buyer may get cheaper than myeg now

HOnestly i do like this building damn nice when pass by... come on MEH !

If this project is first launched in 2010, does that mean first batch buyers entitled to heavy LAD now? Will MEH pay if the LAD claims are valid?

I think it is 5 years project with date start from authority approval.

Good thing is... it is dibs project.

dirty tricks from day 1... this dev will not pay...and will not deliver completed unit
even the ER under HDA also they ignoring LAD which is coming to 1 1/2yrs if i m not mistaken

This post has been edited by Donald Trump: Jan 5 2016, 02:09 PM

Patience. Wait 6 month and see if can pick up dead chicken.

Owners menstruating every month

Under Sch H, buyers can bring to tribunal to seek LAD. There are so many phases still uncompleted. MEH cannot afford to unwind the company yet.

the problem is this dev has more than this "1 big bomb to dismantle".....
pity the buyers......all drag .and die

Q's:
1. which tribunal? consumer or housing?
2. if this is a commie, and hypothetical speaking, why can't MEH just unwind the company if they have already billed major portion of the billings. after all, each billing would have included their profit, no? from the pics, looks like the entire development already is 7788. and assuming 70% of the development is sold (assume 30% is retained by developer eg. the mall), they could potential have billed everybody 85% of the 70% sold products. more than a decent profit i might say.

but having said all that, don't think they will abandon lah. if they should abandon, they should have done it much earlier and not at this stage.
the mall should be a fat cashcow IF it's successful. but as in most development, so near yet so far. the final mile could very well be the hardest mile.

Actually i am referring to Empire Residences.

I agree with you very unlikely MEH will abandon Empire City if you seen the progress billing structure of Empire City. If they have all the intention to abandon, they already abandon long time ago and not at this stage.