Not good enough mate was there a breach by the developer, baanks are suckers ,they are more interested in the money they don't have any emotion
The Leafz @ Sg Besi, Hot Selling now!
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 Feb 8 2012, 06:57 PM
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#61
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1,447 posts Joined: Sep 2010 
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Feb 11 2012, 08:48 PM
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#62
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How they prepare a S&P without a developer license
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Feb 15 2012, 10:37 AM
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#63
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1,447 posts Joined: Sep 2010
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Technically the developer cant sell the property without developer license for the property its a breach of law, check this site and make a complain with www.kpkt.gov.my and ask question
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Feb 15 2012, 11:21 AM
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#64
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Log in to the Housing Ministry website and see the requirements , weather there is a breach www.kpkt.gov.my you can write to the enforcement director for more questions,the directors name is Pengarah Mr Gunasegaran
If there is a breach they will take action ,I have notfied the House Buyers Association over this issue |
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Feb 15 2012, 05:33 PM
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#65
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Well you should ask the banks how they can approve loan based on this developer info, does the banks collaborate with the developer just for financial reason, technically again how the banks the breach the law or BNM rule
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Feb 15 2012, 09:56 PM
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#66
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Well said my friend where was you from the beginning when I warned this forum, well the buyers have a avenue go to House Buyers association and HM for explanation, the banks are in the wrong, the developers has breached cant hide behind the curtain cause we got so many evidence , if you want to take on the developer act not, I will ask the media to go to the developers office with housing ministry officials and HBA officials kindly let me knw the date and I will activate them for you guys, the bankers will be summoned together for qualifying the loan
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Feb 16 2012, 08:45 AM
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#67
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QUOTE(puchongite @ Feb 15 2012, 11:53 PM) I think the buyers do not want you to do that. I think the buyers are not even worried about the developer cancel the project before S&P is signed. The developer has not gone every deep into it yet, chances is that it will refund the booking fees and worst come to worst the buyers liability is just the down payment. What's more the money is with the lawyer at this point, and not the developer. Call Housing Buyers Association http://www.hba.org.my/main.htm and the Housing Ministry to verify on this issue, my concern is principle you don't take consumers for a ride, if they are reputable developer they should come forward and address this issue with the buyers.The buyers only worried about abandon project after S&P (and Loan agreement ) is signed. Given today's law I am not even sure if it makes a difference to the buyers, if it is a project with proper blessing from a few pieces of paper verses a project without. The buyers are screwed either way. Maybe someone who is knowledgeable in Housing Act can enlighten me.  Its Ethics when we do business |
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Feb 16 2012, 04:15 PM
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#68
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QUOTE(Carmenyee @ Feb 16 2012, 01:14 PM) Since u think there is no Ethics in doing bzness for this developer, r u willing to drop out yr unit ???!!! Its not mine its my friends unit and I have informed him on this issueAdded on February 16, 2012, 4:17 pmIts not blowing out of proportion , its just taking precaution better save than never This post has been edited by Fabio1: Feb 16 2012, 04:17 PM |
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Feb 16 2012, 04:47 PM
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#69
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QUOTE(clanzkiller @ Feb 16 2012, 05:36 PM) Question should be on developer side since purchaser dealt with them. It may because of HM or local council, but purchaser will need to deal with developer directly for this case. Guess its catch22 situationYou blame developer, developer blame HM, HM blame LO, LO blame bla bla bla..afterall, everyone is pointing finger at each other. And we will never know the truth. Of course, dev won't publicly announce that they're having problem with the AP, like land/soil problem, or other. But you will only hear from the dev that, HM slow, and the games go on. Or indeed, is from the HM, so what can we do to fasten the process? You wanna use a gov company to sue a gov company. I believed alot out there are facing the same problem, not only leafz or treez purchaser. But if you look it in a good way, it might be good, cause, you can have time to collect sufficient money to pay anything upfront, as if the time you booked, you had averagely sufficient. Added on February 16, 2012, 4:48 pmTo make it simple developer have to comment on this first asap This post has been edited by Fabio1: Feb 16 2012, 04:48 PM |
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Feb 18 2012, 07:22 PM
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#70
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Guys I have given input on the buyers to liaise with HM and HBA for clarification, meanwhile my understanding is that the developer must explain in writing if there is no short coming to cushion of this situation asap, meanwhile my friend told that agents are calling him to find out weather he want to sell his property, guess the the developers sales guys are revealing the buyers name and contact to their friends or agents, its not ethical and very unprofessional of the developers end, his contact details are reveled without his consent, and this again will create artificial impression on the price.
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Feb 24 2012, 01:05 PM
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#71
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My friend got offer from CIMB 90% but the terms are scarey,
CIMB want my friend to commit in the event of default the bank have the right to access to his ,savings,fixed deposit and his company account with CIMB, which I find weird is CIMB want to lockup his company account together , his company have other directors and dont have interest in his property, is it the same for other banks kindly advise |
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Mar 2 2012, 06:19 PM
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#72
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QUOTE(tssoo @ Mar 2 2012, 01:39 AM) hey....anyone interested to get a unit at The Leafz? i planning to let go my unit (1130 sf)...Those who interested please let me know your offer. pls pm me.. Price ope its not a killer |
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Mar 9 2012, 01:12 PM
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#73
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QUOTE(tssoo @ Mar 2 2012, 01:39 AM) hey....anyone interested to get a unit at The Leafz? i planning to let go my unit (1130 sf)...Those who interested please let me know your offer. pls pm me.. How much ah |
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Apr 2 2012, 05:46 PM
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#74
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I got a copy of S&P and deed of covenant pm me
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Apr 11 2012, 04:54 PM
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#75
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Well hope the developer don't cut corners and deliver quality development , in terms of quality furnishing,fittings, plumbing, leaking in future,landscape,security and management operation, this are the problems faced by most of the new condo and apartments where developers don't deliver as promised.
Make sure and get this documented , its the developers responsibility to convert from commercial to residential failing which you end up paying huge amount in utility bill in future and also request the developer provide 5 years warranty for water proofing if you don't demand this now you end up paying a bom for leaking which is common problem in condos, developer providing 2 years only not acceptable          This post has been edited by Fabio1: Apr 23 2012, 08:49 AM |
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Apr 26 2012, 01:12 PM
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#76
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Full or rubbish they are same as other developers, emotional selling don't fall into their trap, they are literally buying time
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Apr 26 2012, 03:39 PM
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#77
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1,447 posts Joined: Sep 2010
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QUOTE(PrincipaliteY @ Apr 26 2012, 03:34 PM) Hi, I know you are very negative about this project and maybe you are positive about some other project you are a part off or you just trying hard to get a unit here.. Get the developer to answer all this ???? to secure the buyers not me , Can you share to us here some proof/facts/rumours of your negativity that we should be concerned about? Otherwise, what is the use of a one sentence comment that leads nowhere? Well hope the developer don't cut corners and deliver quality development , in terms of quality furnishing,fittings, plumbing, leaking in future,landscape,security and management operation,maintenance charges are higher, this are the problems faced by most of the new condo and apartments where developers don't deliver as promised. Make sure and get this documented , its the developers responsibility to convert from commercial to residential failing which you end up paying huge amount in utility bill in future and also request the developer provide 5 years warranty for water proofing if you don't demand this now you end up paying a bom for leaking which is common problem in condos, developer providing 2 years only not acceptable |
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Apr 26 2012, 04:20 PM
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#78
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QUOTE(duenlim @ Apr 26 2012, 04:57 PM) - Maintenance fee will be adjusted once JMB formed. Not a big deal U must be sure get your facts right nothing is documented, JMC is 99% failure in Malaysia , you will end up paying more- There will be a sport center next to it and Residential will pay lesser. Not a big deal |
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Apr 26 2012, 05:18 PM
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#79
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QUOTE(TZERNG @ Apr 26 2012, 05:35 PM) Maybe te treez complete will let u know the answer.... This a standard by waterproofing companies but developers normally cut corners by providing 1 or 2 years, what does matter is aBtw may I know which developer provide 5 year warranty for water proofing??? clean and professional deliverable its good for you guys to address now or regret later |
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Apr 27 2012, 04:58 PM
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#80
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1,447 posts Joined: Sep 2010
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Got no worries about the project but concern about the developer, cause
1st time they are into condo ,and too much hype in this forum by their own sales people , my concern are real which all development are facing and all the time most of the developers get away scot free because our stupid HDA law which benefit developers than the buyers, if you get into a situation with the developer it takes humpty years to before its soghted out, I am not sayin the developer is bad I am just concern about the buyers to make sure all issues are address prior to deciding, have a great weekend |
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