QUOTE(Homesweet8789 @ Mar 14 2016, 06:05 PM)
Wah, if also curi kerja potong liao, will the swimming pool leaking? Then mai like waterfall??EMPIRE CITY @ Damansara Perdana/Mutiara Damansara, Mixed Development Project in Damasara KL
EMPIRE CITY @ Damansara Perdana/Mutiara Damansara, Mixed Development Project in Damasara KL
|
|
Mar 14 2016, 10:14 PM
|
![]() ![]() ![]() ![]()
Senior Member
520 posts Joined: Jul 2015 |
|
|
|
|
|
|
Mar 14 2016, 10:18 PM
|
![]() ![]()
Junior Member
217 posts Joined: Aug 2010 |
dont buy the units below the swimming pool loh
|
|
|
Mar 14 2016, 10:18 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
48,446 posts Joined: Sep 2014 From: REality |
seriously tis project is not suppose to be VP. So many things not completed yet
|
|
|
Mar 14 2016, 10:24 PM
|
![]() ![]()
Junior Member
275 posts Joined: May 2014 |
if the project is not under HDA , there is no such LAD thing could happen.
the developer vp fast because of need money to progress , the bank let the loan out because it almost finish the bank need to transfer the risk to buyer, if whole project fail , bank will hold an abandon mall and office which is not for sell in retail. |
|
|
Mar 14 2016, 10:46 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
48,446 posts Joined: Sep 2014 From: REality |
|
|
|
Mar 14 2016, 10:49 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
2,699 posts Joined: Sep 2015 |
|
|
|
|
|
|
Mar 14 2016, 10:51 PM
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,404 posts Joined: Jun 2009 |
QUOTE(llika @ Mar 14 2016, 10:24 PM) if the project is not under HDA , there is no such LAD thing could happen. got LAD clause one lah. last time for ED, MEH got compensate a few K to me. but this time round, they gotten wiser, VP even earlier to avoid LAD as much as possible. they even waived 2 or 3 months of maintenance fees after many owners made noise over the unliveable conditions when they already started charging maintenance fee.the developer vp fast because of need money to progress , the bank let the loan out because it almost finish the bank need to transfer the risk to buyer, if whole project fail , bank will hold an abandon mall and office which is not for sell in retail. This post has been edited by cedyy: Mar 14 2016, 10:55 PM |
|
|
Mar 14 2016, 10:54 PM
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,404 posts Joined: Jun 2009 |
|
|
|
Mar 14 2016, 11:17 PM
|
![]() ![]()
Junior Member
275 posts Joined: May 2014 |
QUOTE(cedyy @ Mar 14 2016, 11:51 PM) got LAD clause one lah. last time for ED, MEH got compensate a few K to me. but this time round, they gotten wiser, VP even earlier to avoid LAD as much as possible. they even waived 2 or 3 months of maintenance fees after many owners made noise over the unliveable conditions when they already started charging maintenance fee. thanks for clarify , i was wrong. |
|
|
Mar 14 2016, 11:39 PM
Show posts by this member only | IPv6 | Post
#2870
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
10,001 posts Joined: May 2013 |
LAD is a nightmare for every developer
|
|
|
Mar 14 2016, 11:48 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
48,446 posts Joined: Sep 2014 From: REality |
developers nowadays really
|
|
|
Mar 15 2016, 12:00 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
21,456 posts Joined: Jul 2012 |
Borrower/buyer commence loan repayment the month after property vp. believe many are flippers or bought to rent. those had a year reserve for loan repayment may soon depleted, and if this untenantable condition doesn't improve soon, could start a domino effect on kv property market. |
|
|
Mar 15 2016, 07:40 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
2,065 posts Joined: Feb 2011 |
|
|
|
|
|
|
Mar 15 2016, 08:16 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
4,525 posts Joined: Feb 2006 |
|
|
|
Mar 15 2016, 08:55 AM
|
![]() ![]()
Junior Member
160 posts Joined: Nov 2015 |
|
|
|
Mar 15 2016, 09:26 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
11,943 posts Joined: Mar 2012 From: Kuala Lumpur |
Any owners need advise how to handle this disputes, can PM me.
Just ignore those comments making fun in this thread. Im not sure what had arouse them to poke for fun |
|
|
Mar 15 2016, 10:16 AM
|
![]() ![]() ![]() ![]()
Senior Member
685 posts Joined: Apr 2007 From: malaysia |
|
|
|
Mar 15 2016, 11:04 AM
|
![]()
Newbie
1 posts Joined: Mar 2016 |
Dear Colonial Loft purchasers,
my law firm is representing a client who purchased a Colonial loft unit in November 2010. The Developer delivered vacant possession to my client in September 2015. The said unit and the common areas were still not completed when vacant possession was delivered. My client is obviously dissatisfied with this situation. The main issue here is whether the Developer can avoid it's obligations and responsibilities by delivering vacant possession of a grossly incomplete building to a purchaser and avoid payment of substantial compensation to a purchaser. Apart from this main issue which is linked to liquidated ascertained damages (L.A.D.), there are a number of other issues which the Developer has to answer for. As such, my firm, Messrs Lopez & Chin and our associate from Messrs Azri Lee Swee Seng & Co wish to call for a meeting of Colonial Loft purchasers to discuss and resolve this matter. If you are a dissatisfied purchaser of a unit/units at Colonial Loft or any other building in Empire City, kindly send us an email at action@lexlnc.com. Please include the following information: Name: Building name: Tel/email/other contact details: We intend to set a meeting date before the end of March 2016 and we want to get an indication of how many purchasers want to get this matter resolved. Thank You. p.s. the email above is spelt London England Xanadu London Norway China (lexlnc) |
|
|
Mar 15 2016, 11:07 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,314 posts Joined: Dec 2009 From: Malaysia |
it's getting hot in here.
|
|
|
Mar 15 2016, 11:15 AM
|
![]() ![]() ![]() ![]()
Senior Member
617 posts Joined: Sep 2010 |
Get the master purchaser list and call each and everyone of the purchasers to team up against the developer, architect and banks.
|
|
Topic ClosedOptions
|
| Change to: | 0.2507sec
0.54
6 queries
GZIP Disabled
Time is now: 6th December 2025 - 11:03 PM |