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 Your Worst Property Invesment, Share your story

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CaptainCool
post May 16 2014, 11:25 AM

On my way
****
Senior Member
598 posts

Joined: Sep 2013
QUOTE(ll-uniq @ May 16 2014, 11:19 AM)
Under liquidation I think.... didn't receive further news from Liquidator.
I did not pay up and dateline is over to submit.  I am also lost how to proceed.
Gave up!
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my company is under negotiation with talam maybe to take over the project from talam to do it. would appreciate ur opinion would you be willing to add some money to get the house completed? as far as i know it was sold more than 10 years ago for around 300k+, to be realistic the building cost nowadays would have cost more than that. so if lets say need to top up another 100k or so, would you as a buyer take the deal or would you withdraw the unit? thank you
CaptainCool
post May 16 2014, 12:03 PM

On my way
****
Senior Member
598 posts

Joined: Sep 2013
QUOTE(ll-uniq @ May 16 2014, 11:31 AM)
If there's a revival to complete, I'm all for it.  Understandable if need to top up but have to see how much.  If ok, will definitely take the deal.
But don't know if the negotiation is the same project as mine. hmm.gif
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yes it is i think, it's 2200 sqft 3 storey superlink on top of ukay perdana right? part of it already completed, the surroundings have semi d's and link houses. the completed designs looks ugly for me, but my company is still just at the beginning stage of the nego.
CaptainCool
post May 16 2014, 02:47 PM

On my way
****
Senior Member
598 posts

Joined: Sep 2013
QUOTE(ll-uniq @ May 16 2014, 02:36 PM)
yup, that's the one.  please update if have any news. thanks!
if have revival, don't know whether will have problem with liquidator as I did not pay them the fees. sad.gif
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yup, will update if any news..... but pls do not put too high hopes, it's really still a very very preliminary stage...u know of any other owners? might need to speak to all the other owners before reaching a deal. but good news is at least talam is looking at options to revive it, might not be my company, might be others.....who knows? so cheers bro!

 

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