My one and only property investment which bombed big time is Putra Perdana by Talam subsidiary. i though cluster bungalow would be nice , Newbie and summore got conned to pay 3k more because property was facing 'kawasan hijau', when the whole project was completed, u know what the damn developer built a TNB substatuion and a sewage waste pumping station in front of my house on the area formerly known as kawasan hijau!!!, wrote to them and they said no refund because the two amenities did not encroach into my boundary!, damn f*** up developer, on the s&P clearly stated kawasan hijau, but they went an built the two amenities there. TNB still ok but the waste pumping station is pumping sewage from all the houses in the area to another waste treatment station somewherelse!!!! Curse the bloody Tan Sri Chan Ah Chye for being the biggest cheat!!!

And the whole area is sinking due to the big ex mining pit still in the entrance of Putra perdana, movement of soil into the super huge mining pit over the years will destabilise the whole area!! So many houses which did renovation, the renovated part if not piled properly have sunk and and detached from the original house, everytime i go there to see the house can see the cemented part is higher than the ground!! fell sorry for those still owning and staying there!!

bought at 177k sold at 165k after renting out for 4 yrs to the same tenant , im just glad that i managed to get it off my hands coz it feels like dropping money into an endless pit!!! no way gonna be any returns from the houses there.

Dont touch any Talam Houses!!!!! or their many subsidiary!!!Cheaters and Conman!!!Some more can get Tan Sri for cheating the public, apa punya government ini!!Chan Ah Chai may u suffer the most horrible ^**& for causing so many people to suffer!!!!!

This post has been edited by aerotec: Feb 1 2011, 04:23 PM

Where can I find black list of developers?

Finally manage to read all... Thanks for sharing mates.

Anyway, is not easy to know whether the property you invest is good after next 3-5 years from now. Many invester are focus in lrt project or nearby. Who know whether it really happen? I would prefer to keep in cash and whack if there is good address/location property rather than any cheap places

sorry to hear that bro
so many bad reviews on talam projects, they are really bad developers
glad to hear u managed to rent it out for 4 years and let it go at slightly lower price
i think it is a break even....and u r lucky

Yep...I got a back experience buying Talam properties....got one unit in Puncak Jalil at 2002 but thank God completed at 2008...i thought not going to see my house but fortunately IJM took over. The price is 240K for 22x70
Now renting out for almost 2 years. Got the title as well as CF...initially bought the place cause it was really quiet, greens and very cooling...at night was really nice...but it's was a shit developer.
Now after 8 years...the place is much developed...accessibility also improved, shop lot also opened...heard that the price has increased to around 300K-320K....much cheaper that the BK...though just 5 mins drive...

at 1st i think that place will be a ghost town
but when i went there a few weeks ago, i was amazed
the road and amenities have improved a lot compare to a few years back
regret didnt buy it when the price was low
congrats on ur property, surely u r in profit if u wanna sell it
good investment

whats the title situation now for puncak jalil?

The conmen are now selling their properties using agents, and hiding behind the agents. The Ministry of Housing awarded them the licence to develop again. I wonder what was the rationale in this ?

Purely corruption, I suppose. Or that TS has donated quite a big sum to THE political party. These problems in Malaysia will never end.

if u wanna talk about corruption n politics
its not gonna end

That's what I said and meant : it will never end, unless you have other reasons why are all these unfortunate things happening to Malaysians, then perhaps or hopefully it's something not related to : will never end, then we can take some actions to mitigate.

Otherwise, these 'never-ending things' can end if we don't buy properties anymore.

u r like asking people not to eat rice anymore
the problem in our country is people dun listen to advice, they only like to comments

we always know that consumers have the power
but consumers always lose

Okay - agreed on that part : consumers have the power and consumers always lose, it is this very fact that is feeding the unending problems that we talked about earlier.

Your synonym : asking people not to eat rice, you are right again.

I'll extend this statement further - look beyond the horizon, there are better things to eat outside there.

i agree with u my fren
but the problem is...it is hard for us to convince majority of the people to do the right things
tats y we still have the same government from 1957

give u example:
price of flour up 10cents per kilo, roti canai up 10cents each
price of sugar up 10cents per kilo, teh o ais up 10cents per glass

consumers can stop this by stop buying it anymore...but still they complaint n keep buying

Any olive residence buyers at subang here?here? The project name and the contractors changed hands many times alreAdy. Until now I see stil empty. Wonder why

Matahari project next to Sri hartamas school. Abandon also?

This post has been edited by airline: Feb 3 2011, 08:21 PM

Wah at least you managed to sell with only around RM12k loss .. expected it to be much worse!!!

After more than a decade of fighting, finally justice is prevailed.

Got back 100k++, can't say i like YTL now, but at least they fulfilled what suppose to be done long time ago.

well, i'm stepping my feet into buying a property. some good info here, but hope more stories can be shared.

looks like Talam is a big NO NO

Prior to the crisis in 97, bought a few units with MBf at Port Dickson at more than RM200k each. Still dead now and value at around RM20k. Due to Danaharta Act, cannot sue developer. Very unfortunate.

I assume you are refering to Talam... it has been bought over by IJM. Now Talam projects are quality

Chan Ah Chai is no longer a developer. He is a 'born again' christian, sort of like a pastor preaching bout his life story.

Funny how afew conman after making money dubiously suddenly become god fearing christian preachers: Talam & TA

time to clean the soul and go to heaven......

so Talam now is under IJM?? so NEW Talam projects can buy, but old ones keep away??