Worst investment is Rasah Kemayan shoplots. After paying 20% progress payment, the project was abandoned more than 10 years ago. Until now, no news or compensation ever been paid. 100 % lost.

[quote=furryfluffy,Nov 5 2010, 11:18 AM]
if im not mistaken, rasah kemayan already has the building superstructure up. the shape is there but it was abandoned during the 1998 crisis

---

Added on November 5, 2010, 11:20 am


The developer is Kemayan. It is already delisted from BURSA. There are two phases of shoplots that were launched and abandoned. One was up to superstructure. I was lucky that mine only reaches piling (I think) and then it was abandoned.

They tried to pay the owners back in the early 2000s but their proposal was objected by some creditors. Then it all went silence until now.