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EMPIRE CITY @ Damansara Perdana/Mutiara Damansara, Mixed Development Project in Damasara KL
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SUShuaweie5830
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Mar 22 2016, 05:49 PM
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QUOTE(Giant @ Mar 22 2016, 05:40 PM) 综合商场工地意外起重机倒塌压死1人 this Empire is super lousy from financial, management, construction until safety..... http://www.enanyang.my/news/20160113/%E7%B...D%BB1%E4%BA%BA/ Old news lah Jus hope wun end up like plaza rakyat
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puchongite
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Mar 22 2016, 05:51 PM
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QUOTE(huaweie5830 @ Mar 22 2016, 05:49 PM) Old news lah Jus hope wun end up like plaza rakyat Haha just read it, thought is new news.
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nexona88
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Mar 22 2016, 06:43 PM
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QUOTE(Giant @ Mar 22 2016, 05:40 PM) 综合商场工地意外起重机倒塌压死1人 this Empire is super lousy from financial, management, construction until safety..... http://www.enanyang.my/news/20160113/%E7%B...D%BB1%E4%BA%BA/ really donno what to say to them  very very lousy developer
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Informationiac
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Mar 22 2016, 07:10 PM
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Getting Started

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why must they build all in 1 phase
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natman
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Mar 22 2016, 07:10 PM
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QUOTE(Giant @ Mar 22 2016, 05:40 PM) 综合商场工地意外起重机倒塌压死1人 this Empire is super lousy from financial, management, construction until safety..... http://www.enanyang.my/news/20160113/%E7%B...D%BB1%E4%BA%BA/ HOnestly lah lousy is lousy developer lah but interest to bank never missed oh all pay on time so far i check . Any owner has late interest payment ?
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yusiang
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Mar 22 2016, 07:11 PM
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QUOTE(katijar @ Mar 22 2016, 12:37 PM) Ambank ah... some said "mr low" is one of the owners in MEH... true boh? It is true from what I heard from an ex-finance guy from MEH. The promised fund from "mr low" didn't materialiase at last minute for the reason we all know, it further deteriorates their financial situation which was already tight before that. Another interesting gossip, he was supposed to be present at the afterparty of that famous party, but some US media started getting on him so he didn't turn up.
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Informationiac
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Mar 22 2016, 07:18 PM
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Getting Started

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http://www.vpcpjproperty.com.my/property/3789how could people still put conditions as "excellent" to sell... http://www.malaysiarealestate.com.my/listi...rSale-3731744-Sthe picture looks nice. but.. if you look out the window... This post has been edited by Informationiac: Mar 22 2016, 07:25 PM
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soitsuagain
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Mar 22 2016, 07:39 PM
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QUOTE(Informationiac @ Mar 22 2016, 07:10 PM) why must they build all in 1 phase because they have no reputation.
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debbierowe
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Mar 22 2016, 08:09 PM
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QUOTE(Informationiac @ Mar 22 2016, 11:55 AM) Maisson Ara Damansara happened the same thing too. owner need to apply extra 200k of bank loans as top up i heard. Can elaborate more on the Ambank news? so the 900k is confirm loaning to MEH? we call that "Ghost gazumping"
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debbierowe
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Mar 22 2016, 08:13 PM
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Some reads on ghost gazumping http://www.bbc.co.uk/news/business-28463521Happens everywhere with different loopholes to apply by developers/sellers
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1ullaby
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Mar 22 2016, 08:25 PM
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QUOTE(yusiang @ Mar 22 2016, 07:11 PM) It is true from what I heard from an ex-finance guy from MEH. The promised fund from "mr low" didn't materialiase at last minute for the reason we all know, it further deteriorates their financial situation which was already tight before that. Another interesting gossip, he was supposed to be present at the afterparty of that famous party, but some US media started getting on him so he didn't turn up. Interesting hearsay and maybe a little shred of truth in it, explains why the authorities treat them with kids gloves, why they were so gungho before and in trouble now, and also the invitation of mr low's female party buddy at the infamous party
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debbierowe
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Mar 22 2016, 09:05 PM
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QUOTE(youknowwhoami @ Mar 21 2016, 09:37 AM) Forget about that developer show the actual pic, like you guys will believe? From the day Lim posted, what i read thru here is... "people wants to listen something bad, dont even bother about the fact, flame those who talking good about the dev, what is FACT? is the comments around here make all become so called facts"Wah fonts size up and caps wor. FACTS? Even if no Mr Lim incident, owners has no CCC , cannot move in, cannot start renting, and had to start paying installment.And the CCC date is God-knows-when. Whatever it is Mr Lim or not, buyers are screwed, until they eventually get their CCC Owners do want to hear something good. Do u have something good to deliver? Do MEH?
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Informationiac
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Mar 22 2016, 09:36 PM
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Getting Started

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QUOTE(debbierowe @ Mar 22 2016, 08:13 PM) Some reads on ghost gazumping http://www.bbc.co.uk/news/business-28463521Happens everywhere with different loopholes to apply by developers/sellers Interesting faqs, thank you. something new to me.
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Informationiac
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Mar 22 2016, 09:38 PM
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Getting Started

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QUOTE(debbierowe @ Mar 22 2016, 09:05 PM) Wah fonts size up and caps wor. FACTS? Even if no Mr Lim incident, owners has no CCC , cannot move in, cannot start renting, and had to start paying installment.And the CCC date is God-knows-when. Whatever it is Mr Lim or not, buyers are screwed, until they eventually get their CCC Owners do want to hear something good. Do u have something good to deliver? Do MEH? How likely MEH is going to abandon? Last I heard they got no money, then suddenly got gossip say they will get funding.
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icemanfx
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Mar 22 2016, 09:40 PM
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QUOTE(Informationiac @ Mar 22 2016, 07:18 PM) http://www.vpcpjproperty.com.my/property/3789how could people still put conditions as "excellent" to sell... http://www.malaysiarealestate.com.my/listi...rSale-3731744-Sthe picture looks nice. but.. if you look out the window... How many people will buy? How many bank will take unit/building without ccc as collateral? QUOTE(Informationiac @ Mar 22 2016, 09:38 PM) How likely MEH is going to abandon? Last I heard they got no money, then suddenly got gossip say they will get funding. Unless receiver is appointed, doubt bank will extend new facility to them to complete the project. This post has been edited by icemanfx: Mar 22 2016, 09:50 PM
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mthc
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Mar 22 2016, 09:41 PM
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QUOTE(Informationiac @ Mar 22 2016, 09:38 PM) How likely MEH is going to abandon? Last I heard they got no money, then suddenly got gossip say they will get funding. Abandon or not is hard to say la. Take encorp residence for an example. The crane suddenly mia then a month later... the crane is back and the building is almost fully painted etc. Guess we just see the final result lo. No point speculating so much alsp. Meanwhile just look for dead chciken here in EC 😄
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Informationiac
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Mar 22 2016, 09:46 PM
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Getting Started

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QUOTE(mthc @ Mar 22 2016, 09:41 PM) Abandon or not is hard to say la. Take encorp residence for an example. The crane suddenly mia then a month later... the crane is back and the building is almost fully painted etc. Guess we just see the final result lo. No point speculating so much alsp. Meanwhile just look for dead chciken here in EC 😄 Everyday I drive pass there I count the brown window... "today how many floors of brown window installed ah." What do you mean dead chicken.
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debbierowe
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Mar 22 2016, 11:06 PM
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QUOTE(mthc @ Mar 22 2016, 09:41 PM) Abandon or not is hard to say la. Take encorp residence for an example. The crane suddenly mia then a month later... the crane is back and the building is almost fully painted etc. Guess we just see the final result lo. No point speculating so much alsp. Meanwhile just look for dead chciken here in EC 😄 Yup. How to predict ... unless u know meh inside out. Dead chicken without ccc tak mahu. If got ccc then see how dead it is. 200k i sapu 😄
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Informationiac
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Mar 22 2016, 11:59 PM
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Getting Started

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QUOTE(debbierowe @ Mar 22 2016, 11:06 PM) Yup. How to predict ... unless u know meh inside out. Dead chicken without ccc tak mahu. If got ccc then see how dead it is. 200k i sapu 😄 So it is like testing holding power. those bulk purchase investors with many commitment sure very tough for them..
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icemanfx
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Mar 23 2016, 12:34 AM
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QUOTE(Informationiac @ Mar 22 2016, 11:59 PM) So it is like testing holding power. those bulk purchase investors with many commitment sure very tough for them..  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? This post has been edited by icemanfx: Mar 23 2016, 12:43 AM
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