are you still buying the townvilla?? just wondering.. coz I just put in deposit for it too last week.

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Added on April 21, 2012, 5:47 pm[Crestin Park - Town Villa]

Last week, I just booked one of the remaining 4 townhouses left (as told by the property agent- unless its just sales talk! lol). location seems pretty good. yeah, downside is the cemetery. But the developer has changed the master plan instead of building 5 blocks of town houses, now there is only 2! They are building another apartment block (84 units) which eventually will block the view of the cemetary for the townhouse buyers... but another downside is that it is no longer a low density gated community. There will be 24 units townhouses + two blocks of (47+84) units apartments... so you do the math... Hrmmm.. im imagining parking for residents + visitors wouldnt be easy. coz for sure ppl will have more cars than their unit is allowed and they will be cars parked alongside of roads outside... like typical high densed residential areas. so thats that..

Now, my loan officer from Al-Rajhi informed me that currently the developer has been on hold for loans coz they are many buyers who cancelled their purchase because they did not see any progress in construction. I visited the site last week, piling for townhouses is there and there are workers doing construction on the 47units apartment, but just foundation level.. not much to see... SO now I am kind of skeptical on this purchase. what is really going on??? anyone knows, I would really appreciate some input. Worried that developer got problem then abandon project.. then we all buyers screwed for LIFE!


This post has been edited by ickyuck: Apr 21 2012, 05:47 PM