QUOTE(speed7791 @ Oct 7 2014, 12:25 PM)
Can someone please correct me if I'm wrong. At the time of Solstice launching surrounding condo residential projects in Cyberjaya was selling like RM450 to RM500 p/sf. OSK was selling Solstice at approx RM600 p/sf. Still, I didn't mind the premium as Pangaea's original masterplan differentiated itself from others.
Now that the masterplan has been changed I don't think they deserve the premium pricing.
While it currently affects OSK buyers, the same may also affect buyers of other projects if we don't do something about it now. Developers cannot have the absolute right in amending the masterplan halfway through the project as they think or see fit as it has a direct impact in influencing buyers decision and more so when it comes to property pricing. The whole thing becomes very misleading.
Indeed, when the developer is launching any new project, by right they should calculate the risk for demand and supply for the residential & commercial needs for the next 5-10 years. I am agreed from time to time, the trend might be change due to macro-economical issue, however, minor changes in master plan is fine, but not like major change in Master Plan, like what OSK did in Pangaea.....
We as buyer, we assume the developer already calculate and able to absorb the reasonably risk while they launching their project. It is not ACCEPTABLE when developer see all other development have similar concept, and they simply add into the project elements, without proper researches and consultations, and after few years later, they simply changed the plan as they wish.....This is like when I buy a C segment cars, the car manufacturers promised a lot of sophisticated elements in the car, but after you get the car, you only get the basic features....This is TOTALLY NOT ACCEPTABLE........if we did not do anything and allowed OSK to have the say as per their wishes, I am afraid in future, it will affects all the property industry, as the developer can simply do whatever they want, to maximize their profit, at the expense of home buyer.....
Therefore, OSKP indeed owed a satisfactory explanation to all the home buyer on this....