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Your Worst Property Invesment, Share your story
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ll-uniq
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 May 16 2014, 10:57 AM
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New Member
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superlink premium home at ukay perdana - talam project, ukay land developer.. my worst nightmare... bought in 2004, abandoned, then taken over by ijm. thought white knight will help but some units were completed but not mine. good thing is only deposit 10% burnt.
last year developer under liquidation. ridiculous thing is buyer need to verify ownership and pay for the liquidators' fee ourselves as developer do not have money to pay them. if its few hundred then ok but they are charging 2% on purchase price and also RM212 for 'Liquidators' Solicitors' Vetting Fees'... really blood sucking vampires.. already buyers are at losing end they ask to pay some more! also not guaranteed anything will happen later.
because of this, no dream home for family... now buying property is out of our range!
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ll-uniq
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May 16 2014, 11:19 AM
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New Member
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QUOTE(alpha team @ May 16 2014, 11:16 AM) walau.... wat the status of the project now? 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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ll-uniq
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May 16 2014, 11:31 AM
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New Member
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QUOTE(CaptainCool @ May 16 2014, 11:25 AM) 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 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.  This post has been edited by ll-uniq: May 16 2014, 11:32 AM |
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ll-uniq
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May 16 2014, 02:36 PM
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New Member
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QUOTE(CaptainCool @ May 16 2014, 12:03 PM) 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. 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.  |
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ll-uniq
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May 16 2014, 02:55 PM
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New Member
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QUOTE(CaptainCool @ May 16 2014, 02:47 PM) 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! Understood. Anyway, I do have a list of all owners for the project (part of court papers filed many years ago).... think some of them might have sold off. |
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