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

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eXTaTine
post Mar 16 2016, 03:54 PM

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QUOTE(nookie188 @ Mar 16 2016, 03:53 PM)
oh..under non HDA ..

so if under non HDA means any time can issue VP even if say a building is 50% completed??
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Don't think so. But anyway this is Bolehland, apa-apa pun boleh.
kinnasai
post Mar 16 2016, 03:55 PM

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QUOTE(nookie188 @ Mar 16 2016, 03:53 PM)
oh..under non HDA ..

so if under non HDA means any time can issue VP even if say a building is 50% completed??
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Haha, why wait until 50%? when you purchase, can issue VP already.......
kochin
post Mar 16 2016, 03:56 PM

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QUOTE(spreeeee @ Mar 16 2016, 03:44 PM)
not only about the VP issues, the building itself looks not 'safe', so thin and tall.. hopefully the grounding works really solid.
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that is referred to as the building slenderness ratio.
klcc is only 9.4, burj is only approx 8.
in severe and extreme cases, some floors can expect swaying of up to even 1.5m. i.e. burj khalifa.

so nauseous and dizziness symptoms are also widely associated with tall slender buildings.

am presently involved in a very slender building myself. rclxub.gif rclxub.gif rclxub.gif
Giant
post Mar 16 2016, 03:56 PM

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QUOTE(nookie188 @ Mar 16 2016, 03:53 PM)
oh..under non HDA ..

so if under non HDA means any time can issue VP even if say a building is 50% completed??
*
very likely will happen on Empire remix base on current progress and the VP date is later this year (2016).

Empire Remix USJ 1 work in progress - 10/3/16

user posted image
samkps
post Mar 16 2016, 03:57 PM

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QUOTE(eXTaTine @ Mar 16 2016, 03:41 PM)
Only applicable for properties under HDA. For commercial props, which EC is, you can issue VP without CCC.
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True enough, this is because there is no definitive law governing the non-HDA project such as EC, and the right of the buyer mostly rely on the non-standard SPA of the deal. Any dispute case need to settled in civil court rather the tribunal court for HDA project.

But as I said, if a developer would like to do the VP without the CCC (which currently no definitive law not allow them to do so for non-HDA project), I am pretty sure something fishy is going on, either forced VP to avoid LAD (for HDA project follow the date of CCC while for non-HDA project, presumably follow the VP date) or the developer want to claim the final disbursement from the bank for cash flow purpose.

This post has been edited by samkps: Mar 16 2016, 04:06 PM
samkps
post Mar 16 2016, 04:00 PM

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QUOTE(kinnasai @ Mar 16 2016, 03:55 PM)
Haha, why wait until 50%? when you purchase, can issue VP already.......
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They can if they want to, all depend on the clauses inside the non-standard SPA of the deal. biggrin.gif
xtracooljustin
post Mar 16 2016, 04:05 PM

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QUOTE(samkps @ Mar 16 2016, 04:00 PM)
They can if they want to, all depend on the clauses inside the non-standard SPA of the deal.  biggrin.gif
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Yes, if only we are privy to the SPA used for this property. Then we'll be able to find out can issue VP without CCC.

Anyway, the normal purchasers are also not privy to the CCC, as architect only issue CCC to the local authority, client (Dev) and LAM. So purchasers typically can only rely on the cc copy of certificate of stage completion that they receive during billing. Not sure if Mr Lim received the cc copy of the CCC or did he go to local authority and check.
Clement1001
post Mar 16 2016, 04:12 PM

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QUOTE(Giant @ Mar 16 2016, 03:56 PM)
very likely will happen on Empire remix base on current progress and the VP date is later this year (2016).

Empire Remix USJ 1 work in progress - 10/3/16

user posted image
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Just pass by the site, at a glance of it can't see any workers, from top to bottom.

As for EC i wonder, during the inspection did buyer check on their tap water and electrical running or not. Or even check with their meter in the riser ? Cause without even the meter properly install at the riser, is kinda hard to get surat sokongan to support for the CCC approval.

This post has been edited by Clement1001: Mar 16 2016, 04:22 PM
jinsailoo
post Mar 16 2016, 04:15 PM

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if the govt let this happen this time,

next time other developer will follow issue VP and get draw down then run away.

this will only happen in BOLEH LAND
spreeeee
post Mar 16 2016, 04:18 PM

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QUOTE(Clement1001 @ Mar 16 2016, 04:12 PM)
Just pass by the site, at a glance of it can't see any workers, from top to bottom.
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abandon or what..
jinsailoo
post Mar 16 2016, 04:18 PM

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QUOTE(spreeeee @ Mar 16 2016, 04:18 PM)
abandon or what..
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no, it should be VP very soon
samkps
post Mar 16 2016, 04:24 PM

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QUOTE(xtracooljustin @ Mar 16 2016, 04:05 PM)
Yes, if only we are privy to the SPA used for this property. Then we'll be able to find out can issue VP without CCC.

Anyway, the normal purchasers are also not privy to the CCC, as architect only issue CCC to the local authority, client (Dev) and LAM. So purchasers typically can only rely on the cc copy of certificate of stage completion that they receive during billing. Not sure if Mr Lim received the cc copy of the CCC or did he go to local authority and check.
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As shared by other forummers here, it seems like this project already gone through the VP stage through "Aku Janji" method (non-standard approach) without the need of CCC compliance for the time being.

This is critical for the purchasers, as the bank may already released the final payment and installment started, while the unit still can't be occupied due to the lack of CCC.


nexona88
post Mar 16 2016, 04:26 PM

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QUOTE(jinsailoo @ Mar 16 2016, 04:18 PM)
no, it should be VP very soon
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wah like that in pict also can VP? doh.gif
wil-i-am
post Mar 16 2016, 04:30 PM

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QUOTE(jinsailoo @ Mar 16 2016, 04:18 PM)
no, it should be VP very soon
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VP aka very potential? brows.gif
Clement1001
post Mar 16 2016, 04:33 PM

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QUOTE(samkps @ Mar 16 2016, 04:24 PM)
As shared by other forummers here, it seems like this project already gone through the VP stage through "Aku Janji" method (non-standard approach) without the need of CCC compliance for the time being.

This is critical for the purchasers, as the bank may already released the final payment and installment started, while the unit still can't be occupied due to the lack of CCC.
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There must be a compensation for the buyers, if they are willing to sign off the "Aku Janji". If there is and both party come up with certain agreement this case can consider close. rclxms.gif

But still on the safety side, buyer should have wear helmet and safety boot during their inspection with that kinda condition, and to comply CIDB requirement. smile.gif
gks
post Mar 16 2016, 04:34 PM

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QUOTE(jinsailoo @ Mar 16 2016, 03:37 PM)
before this case expose,

that is already ex buyer tell the developer repo very bad,
I think most of the taikor at LYN not buying this project
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EC is launched before completion of ED if I did not recall wrongly.

However I read through the SPA for ED and aborted the booking.

My advise for prospect buyers for non- sch h product... very important to read through the SPA and more importantly, the reputation of developer.

For what happen today, partially you also at fault. Rather than playing blaming game or witch hunting game, better be proactive and try to find solution for the situation.
ace77
post Mar 16 2016, 04:34 PM

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QUOTE(Giant @ Mar 16 2016, 03:56 PM)
very likely will happen on Empire remix base on current progress and the VP date is later this year (2016).

Empire Remix USJ 1 work in progress - 10/3/16

user posted image
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could this photo posted in Empire Remix thread!! Thanks

at least there are cranes and machinery there
Ero-Sennin
post Mar 16 2016, 04:35 PM

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QUOTE(samkps @ Mar 16 2016, 04:24 PM)
As shared by other forummers here, it seems like this project already gone through the VP stage through "Aku Janji" method (non-standard approach) without the need of CCC compliance for the time being.

This is critical for the purchasers, as the bank may already released the final payment and installment started, while the unit still can't be occupied due to the lack of CCC.
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that AKU JANJI DI CAPATI letter cannot pakai one la...boh standard
The Jedi
post Mar 16 2016, 04:36 PM

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First time i heard about this 'AkuJanji' method to issue VP without CCC for non-HDA project.

Afaik, market practice for non-HDA still adopts CCC to issue VP.

Using this non-conventional method shows the developer has intention to cut corner from beginning to protect itself by passing incomplete units.

This case revealed there is a need for Govt to tighten the VP loophole in non-HDA projects to protect buyers' rights
Giant
post Mar 16 2016, 04:36 PM

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QUOTE(ace77 @ Mar 16 2016, 04:34 PM)
could this photo posted in Empire Remix thread!! Thanks

at least there are cranes and machinery there
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this photo were taken from this FB group, its open, u can check the progress here..

https://www.facebook.com/EmpireProjects


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