Welcome Guest ( Log In | Register )

Bump Topic Topic Closed RSS Feed

Outline · [ Standard ] · Linear+

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

views
     
RTFM69
post Oct 15 2015, 08:36 PM

Casual
***
Junior Member
400 posts

Joined: Jul 2010
QUOTE(ManutdGiggs @ Oct 15 2015, 07:30 PM)
Boss retail is suffering for now. When u c ethg is on the rise in price many 'll start to be cautious in spending. I foresee retail 'll need bout 2-3 yrs to recover due to gst.

It's now industrial segment doin slightly beta than retail even thou oso affected by gst. Dunno korek Onot since I'm just here to Tok kok nia. smile.gif
*
Industrial also experience slow down. Even mature factories area are hard to get the tenants or buyers at desired price. This wave of gst n 1mdb n china slowdown n weak myr really hit everything hard.
RTFM69
post Oct 15 2015, 08:41 PM

Casual
***
Junior Member
400 posts

Joined: Jul 2010
QUOTE(Babizz @ Oct 15 2015, 04:02 PM)
"Superbrand" are on a totally diff package..maybe u wana find out how much LVs pay in klcx mall..

Bringing them in is vry hard..
*
I heard starthill LV was on 7psf nia. Still about the same or cheaper ? Hahah
RTFM69
post Oct 16 2015, 09:02 PM

Casual
***
Junior Member
400 posts

Joined: Jul 2010
With such exterior condition, april 2016 would seem a far stretched target for me. It would be considered a success if it can be opened within 2016.

This post has been edited by RTFM69: Oct 16 2015, 09:03 PM
RTFM69
post Nov 5 2015, 12:15 AM

Casual
***
Junior Member
400 posts

Joined: Jul 2010
Is the portion below Halo and Sunday carpark for the owners ? Wow is it consider done yet ? I m really amaze like that also can VP ?
RTFM69
post Dec 1 2015, 07:21 PM

Casual
***
Junior Member
400 posts

Joined: Jul 2010
QUOTE(kochin @ Dec 1 2015, 09:35 AM)
question.... are these units GST chargeable for subsales?
*
If seller is not gst registered and below 500k, nope. If between 500k and 2mio , two times per yr no gst, if above 2mio yes.
RTFM69
post Jan 3 2016, 09:46 AM

Casual
***
Junior Member
400 posts

Joined: Jul 2010
ED residents dont happy so fast oh, unless u selling it quick , else if company in deep shit , their strata title also at risk.
RTFM69
post Jan 3 2016, 05:20 PM

Casual
***
Junior Member
400 posts

Joined: Jul 2010
It is obvious that they are not in position to be good pay master, else the contractors die die also rush for u la, especially in such downbeat economic environment.
RTFM69
post Jan 8 2016, 02:51 PM

Casual
***
Junior Member
400 posts

Joined: Jul 2010
What happens to their empire residence ? Its going to be 5 yrs soon lor.
RTFM69
post Jan 9 2016, 03:18 PM

Casual
***
Junior Member
400 posts

Joined: Jul 2010
Got gold and silver mountains is MEH boss regardless success or failure. Investors eat dust only if fail.
RTFM69
post Jan 25 2016, 12:02 PM

Casual
***
Junior Member
400 posts

Joined: Jul 2010
QUOTE(Informationiac @ Jan 25 2016, 11:55 AM)
Invite me invite me biggrin.gif How come I didn't get invited? I want to hear it even I don't have have a unit. I am looking for a good unit there now. but seems like no one want to sell.

Plus, even if they are planning to big complaint or legal action, I don't think I will agree to join also. the more you pressure them, thy run away then all buyers collapse.
stupid. lol.

But you are right, it wont happen lah by looking at this massive structure. So many buildings around klang valley delayed but in the end still complete geh.. i guess is just some bitches forumers out there want to be keyboard hero.
*
Obviously u read little newspaper and have no friends and families getting screwed by developers who abandoned their projects thus ur not so empathetic comment.
RTFM69
post Mar 4 2016, 02:32 AM

Casual
***
Junior Member
400 posts

Joined: Jul 2010
Having a lower expectation because can make $ =ok to be screwed by unethical business ethic ?

No wonder some developers are so blatant.
RTFM69
post Mar 15 2016, 04:19 PM

Casual
***
Junior Member
400 posts

Joined: Jul 2010
QUOTE(Salvador_Dali @ Mar 15 2016, 03:48 PM)
Yes, I agree and like what I said, everyone is protected except for the buyers.
Even the architect is well protected.
No point suing, at the end of the day,
the loser will be the buyer and the biggest winner will be the lawyers for both sides - KaChing!
These people knows what they are doing, they provided the free legal fee via their MEH lawyer, they probably anticipated this and are fully covered.

MEH is a holdings, probably the contract between the buyer and seller is via a subsidary - sdn bhd, thus in the event if the developer lose, they just close down the 'subsidiary' sdn bhd and dont pay a single cent of damage. you will have to pay for your own lawyer fees, which will not be cheap.
*
I do not want to comment on the legal case against developer as it would be best to consult professional and it is rather personal whether worth it or not.

However buyers do have other means to make life difficult for the developer. Be creative and be forceful. Personally i dont believe in being rape while lying down and say thank you very much. This is an insult to the very basic dignity of being a human.

I m not a buyer but I am against anything that encourage shitty behaviour of developers to screw future buyers.

Just my 2 sen

RTFM69
post Mar 15 2016, 05:00 PM

Casual
***
Junior Member
400 posts

Joined: Jul 2010
QUOTE(gks @ Mar 15 2016, 04:57 PM)
Under MEH's SPA if I a not wrong, the retention will be paid to developer 6months from VP when the defect period is over.
*
Can the buyer instruct lawyer to withhold the retention sum like HDA ? If can, buyers should probably do it quick and in black and white to lawyer.
RTFM69
post Mar 16 2016, 12:48 AM

Casual
***
Junior Member
400 posts

Joined: Jul 2010
QUOTE(Salvador_Dali @ Mar 15 2016, 10:46 PM)
After rape u report, when u are being raped, u can choose to fight back (possibly get killed, maybe not) or just hope for the best. I cannot say which is the best. But in this situation, bad mouthing the developer only make things worst for the speculators, how to sell his unit in the event the developer does go bankrupt and project abandon?

You make yourself look stupid by not thinking and react to a specific situation, you probably thinks abortion is a NO, for instant, can a girl go for abortion if she was raped? if the child is abnormal? if your answer is no, are you willing to pay the daily expenses for the child and mother?

There are always 2 sides to a coin. You only see 1 side and think u are smart. Tell me, if your father rapes you, he is a super big muscular and you are 13 years old only, what will you do? keep quiet? report and your entire family losses their main income or kept quiet? I dont know the answer, and yes, this kind of things do happens.

Please, access a situation accordingly, not just rape is rape, robbing is robbing. look at the situation
*
Some of ur comment are truly sickening. These are reasons why there are more and more blatant assholes in the world.

RTFM69
post Mar 16 2016, 06:49 PM

Casual
***
Junior Member
400 posts

Joined: Jul 2010
QUOTE(kochin @ Mar 16 2016, 05:16 PM)
fixed.

a very structured response. now this is a rational way to look at things. solely based on the SPA as it is also the only document that binds the buyer and seller.

it it true that DLP is only 6 months or rather retention under stakeholder is only 6 months? if it's true. then wish you all the best.
*
Hmm.DLP only 6mth from vp. good luck to those buyers esp those VP-but-cannot-access-own-unit-owners.
RTFM69
post Mar 19 2016, 06:38 PM

Casual
***
Junior Member
400 posts

Joined: Jul 2010
The edge weekly carries the news that ambank top officials visited empire city recently. MEH have outstanding loan of RM 900 mio with Ambank. Now the big guys are worried too.


RTFM69
post Mar 19 2016, 07:36 PM

Casual
***
Junior Member
400 posts

Joined: Jul 2010
QUOTE(icemanfx @ Mar 19 2016, 07:01 PM)
Mean ambank is likely to extend additional facility or bridging loan to meh.
If the account has passed to recovery department, the bank top officials are unlikely to visit the site.

With rm900m loan, the bank will treat this account with silk gloves.

Until papers is sorted, this place is unlikely to complete anytime soon.
*
Extend additional facility would be like stepping further into the muddy field esp in current rising NPL environment. Ambank more like closing water tap mood now after bnm fine and major shareholders rumoured to be seeking buyers.
RTFM69
post Mar 19 2016, 07:37 PM

Casual
***
Junior Member
400 posts

Joined: Jul 2010
QUOTE(Giant @ Mar 19 2016, 07:04 PM)
Where is the source of this news ? Can provide link ?
*
Its in lastest theedge weekly.
RTFM69
post Mar 19 2016, 08:26 PM

Casual
***
Junior Member
400 posts

Joined: Jul 2010
QUOTE(icemanfx @ Mar 19 2016, 07:55 PM)
Were the presence of police related to bank official?
Few banks will write off rm900m without restructuring. The question is how many times have ambank restructured meh facility.
*
maybe i should just quote whats written in TheEdge saja :" Bankers whom The Edge spoke to say AMMB's management is "aware of the loan". An industry observer points out that perhaps the top officials of AMMB went to the ground and visited the project site to keep tabs on it and to get an update on the development"
RTFM69
post Mar 29 2016, 07:14 PM

Casual
***
Junior Member
400 posts

Joined: Jul 2010
Seems like buyers are now in cant sell cant rent cant stay no win situation despite vp for quite some time

2 Pages  1 2 >Top
Topic ClosedOptions
 

Change to:
| Lo-Fi Version
0.0275sec    1.11    7 queries    GZIP Disabled
Time is now: 9th December 2025 - 02:28 PM