No need worry dibs project

If free go to ask the guard ada jalan tak project

Boss, still have to worried.

Dibs doesn't mean safe.

Nothing also. Can help take photo and post please. Need to show my fren. So if projek sakit what can a purchaser do?

http://ehome.kpkt.gov.my/main.php?Content=...cation=119&IID=

Click on "senarai projek-projek...."

No lah bro, DIBS or non DIBS also have to worry kao kao if anything goes wrong.

For those serving DIBS, ( if this is 3 years development under S&P ), the dev bear the progressive interest for first 3 years only and if the dev declared projek sudah sakit, they wont pay the interest and end up, loan borrowers ( means purchasers ) have to pay the progressive interest. The borrower of the loan is only consent the developer to pay on behalf only during the DIBS period, but everything still goes to borrower bcz developer is not borrower but just a payee.

More worsen, upon 3 years from the date of loan, which was the expected date of completion or delivery, the loan borrower is going to continuously pay the interest until another developer takes over the project but, but but, in this case, banks have the right to charge you full instalment as stipulated in the loan letter offer and agreement.

8 more months for another 60%

Thanks boss just read the comment form chris kor like that cannot sleep well already especially those bought lower floor 1-4

Thanks for the explanation, no wonder i read at the SnP developer only pay for 3.5 yrs and not till finish construction.
If this case for the first 1-2 yrs the developer drag the work meaning they only pay little interest

Master Sifu! learning from you still...

The developer CEO is Raymond Tan who ised to be the boss for Capital Land Sdn Bhd hence though newbie people still trust. I heard he is some relative of Cap Land big boss but wonder if he and his company (Montprimo) is undergoing some challenges? Anyone heard anything?

whats the status for this project? still sakit or not..

Less sakit than before i think. Pass through that area last weekend and saw thr building is progressing again. Upto about 9th/10th floor and ppl walking around doing work. Still slow but moving

i check kpkt website, estimated time completion should be this year..

Delay sure got one but at least not stalled prpject as I see the floors are progressing

you r right, delay sure got but how long u think it will delay? 1 yr? 2 yrs or longer?

Please join the Duet Residence FB group and invite everyone else :

https://www.facebook.com/groups/900286590017495/

This post has been edited by jusjus88: Mar 24 2015, 06:30 PM

we have members coming in please join https://www.facebook.com/groups/900286590017495/ for Duet Residence follow ups

This post has been edited by jusjus88: Mar 24 2015, 06:30 PM

Any latest update on the progression?

Passby sometimes ago... Progressing well.... Hope no stop work again

Tq boss
Pray hard it will complete, although it is late...