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EMPIRE CITY @ Damansara Perdana/Mutiara Damansara, Mixed Development Project in Damasara KL
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SANGKANCIL2000
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Apr 10 2016, 01:56 PM
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Getting Started

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soon alot of bankrupcy ... esp those speculator buying in bulk.. now cant rent out , cant sell, cant stay, but need to service the loan.. auction also, not many wanted to take risk to bid...
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C&D
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Apr 10 2016, 01:58 PM
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QUOTE(SANGKANCIL2000 @ Apr 10 2016, 01:56 PM) soon alot of bankrupcy ... esp those speculator buying in bulk.. now cant rent out , cant sell, cant stay, but need to service the loan.. auction also, not many wanted to take risk to bid... I know a couple bought 3
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SANGKANCIL2000
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Apr 10 2016, 02:06 PM
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Getting Started

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QUOTE(C&D @ Apr 10 2016, 01:58 PM) this 1 sure die. bank want to put up the auction , but no1 dare to bid. bank can't recovered the cost. tis buyer will forever in bankruptcy...
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nexona88
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Apr 10 2016, 02:14 PM
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QUOTE(SANGKANCIL2000 @ Apr 10 2016, 01:56 PM) soon alot of bankrupcy ... esp those speculator buying in bulk.. now cant rent out , cant sell, cant stay, but need to service the loan.. auction also, not many wanted to take risk to bid... agreed. there's gonna be a lot of bankruptcy case soon
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C&D
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Apr 10 2016, 02:28 PM
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QUOTE(SANGKANCIL2000 @ Apr 10 2016, 02:06 PM) this 1 sure die. bank want to put up the auction , but no1 dare to bid. bank can't recovered the cost. tis buyer will forever in bankruptcy... Not sure how much loan they took, cos they are quite well to do. They have other properties too. They did share this with me those days. Though I was very tempted, I held back because of the developer.
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icemanfx
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Apr 10 2016, 03:49 PM
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QUOTE(SANGKANCIL2000 @ Apr 10 2016, 01:56 PM) soon alot of bankrupcy ... esp those speculator buying in bulk.. now cant rent out , cant sell, cant stay, but need to service the loan.. auction also, not many wanted to take risk to bid... QUOTE(C&D @ Apr 10 2016, 01:58 PM) QUOTE(nexona88 @ Apr 10 2016, 02:14 PM) agreed. there's gonna be a lot of bankruptcy case soon  These investors are likely to have invested in multiple units in different projects. Unless they could offload their other investments to build up cash reserves else a default in ec may drag down other investments.
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llika
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Apr 10 2016, 04:16 PM
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Getting Started

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No. A-27-06, Empire City Damansara, Jalan Damansara, Damansara Perdana, 47820 Petaling Jaya, Selangor Office RM 320,000 Property Code : PB476349 Auction Date : 2016-03-23 Built up : 451 sq.ft
BUT NO BIDER , AND NOW 10% OFFER
Unit No. A-27-06, Menara A, Empire City Damansara, Jalan Damansara, Damansara Perdana, PJU 8, 47820 Petaling Jaya, Selangor Studio Office Suite
RM 288,000
Property Code : PB478932 Auction Date : 2016-04-20 Built up : 451 sq.ft
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satrianeo-x
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Apr 10 2016, 04:24 PM
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QUOTE(llika @ Apr 10 2016, 04:16 PM) No. A-27-06, Empire City Damansara, Jalan Damansara, Damansara Perdana, 47820 Petaling Jaya, Selangor Office RM 320,000 Property Code : PB476349 Auction Date : 2016-03-23 Built up : 451 sq.ft BUT NO BIDER , AND NOW 10% OFFER Unit No. A-27-06, Menara A, Empire City Damansara, Jalan Damansara, Damansara Perdana, PJU 8, 47820 Petaling Jaya, Selangor Studio Office Suite RM 288,000 Property Code : PB478932 Auction Date : 2016-04-20 Built up : 451 sq.ft May I know where you get this info tq
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HarpArtist
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Apr 10 2016, 04:26 PM
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QUOTE(llika @ Apr 10 2016, 04:16 PM) No. A-27-06, Empire City Damansara, Jalan Damansara, Damansara Perdana, 47820 Petaling Jaya, Selangor Office RM 320,000 Property Code : PB476349 Auction Date : 2016-03-23 Built up : 451 sq.ft BUT NO BIDER , AND NOW 10% OFFER Unit No. A-27-06, Menara A, Empire City Damansara, Jalan Damansara, Damansara Perdana, PJU 8, 47820 Petaling Jaya, Selangor Studio Office Suite RM 288,000 Property Code : PB478932 Auction Date : 2016-04-20 Built up : 451 sq.ft awesome. lets wait for 188k.
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SANGKANCIL2000
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Apr 10 2016, 04:29 PM
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Getting Started

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QUOTE(HarpArtist @ Apr 10 2016, 04:26 PM) awesome. lets wait for 188k. Even 100k also no 1 will bid...end up u will buying a unit that can't rent can't stay can't sell
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HarpArtist
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Apr 10 2016, 04:30 PM
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QUOTE(SANGKANCIL2000 @ Apr 10 2016, 04:29 PM) Even 100k also no 1 will bid...end up u will buying a unit that can't rent can't stay can't sell thats probably true
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C&D
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Apr 10 2016, 04:41 PM
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QUOTE(SANGKANCIL2000 @ Apr 10 2016, 04:29 PM) Even 100k also no 1 will bid...end up u will buying a unit that can't rent can't stay can't sell Damn jialat
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wil-i-am
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Apr 10 2016, 05:13 PM
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Solicitors will benefit as they will b bz with documentations
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Kicimiao66cc
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Apr 10 2016, 05:38 PM
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QUOTE(SANGKANCIL2000 @ Apr 10 2016, 04:29 PM) Even 100k also no 1 will bid...end up u will buying a unit that can't rent can't stay can't sell 100k I will bid 😋
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llika
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Apr 10 2016, 05:55 PM
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Getting Started

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becareful,
in this situation (still constructing and many ppl attention in this project)
unless you got cash to buy
bank won't lend or lend less money to this property.
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ken12345
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Apr 10 2016, 06:15 PM
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New Member
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QUOTE(llika @ Apr 10 2016, 04:16 PM) No. A-27-06, Empire City Damansara, Jalan Damansara, Damansara Perdana, 47820 Petaling Jaya, Selangor Office RM 320,000 Property Code : PB476349 Auction Date : 2016-03-23 Built up : 451 sq.ft BUT NO BIDER , AND NOW 10% OFFER Unit No. A-27-06, Menara A, Empire City Damansara, Jalan Damansara, Damansara Perdana, PJU 8, 47820 Petaling Jaya, Selangor Studio Office Suite RM 288,000 Property Code : PB478932 Auction Date : 2016-04-20 Built up : 451 sq.ft That's slightly higher than original price.. I am sure someone will go after it. No matter how bad the developer is, I can see that this EC will soon complete still. But just that don't know how's the quality of residence only. Dato will find a way someway to cover this with other
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SANGKANCIL2000
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Apr 10 2016, 06:28 PM
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Getting Started

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QUOTE(SANGKANCIL2000 @ Apr 10 2016, 04:29 PM) Even 100k also no 1 will bid...end up u will buying a unit that can't rent can't stay can't sell Bid with cash? Don't think u can get financing for this kind of unit..the valuer will have difficulty to value the unit.bank most likely won't give out loan...
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HarpArtist
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Apr 10 2016, 06:44 PM
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QUOTE(SANGKANCIL2000 @ Apr 10 2016, 06:28 PM) Bid with cash? Don't think u can get financing for this kind of unit..the valuer will have difficulty to value the unit.bank most likely won't give out loan... 100k sap sap sui for many big boss. if empire manage to get on the feet and mall up and running then can consider...but still i am so turned off by what we hear about how they treat their customers...so maybe not.
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SANGKANCIL2000
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Apr 10 2016, 06:51 PM
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Getting Started

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QUOTE(HarpArtist @ Apr 10 2016, 06:44 PM) 100k sap sap sui for many big boss. if empire manage to get on the feet and mall up and running then can consider...but still i am so turned off by what we hear about how they treat their customers...so maybe not. IF.......  IF = endless possibilities...
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lopera199
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Apr 10 2016, 08:44 PM
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New Member
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empire is obviously over leveraged, wearing a too big hat
from the tune of CEO, sound like a chinaman business mentality
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