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Investment DAMANSARA FORESTA, A new development near Desa ParkCity

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ahken100
post Jan 8 2012, 11:21 PM

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QUOTE(accetera @ Jan 8 2012, 11:07 PM)
Block A = 98% sold
Block B = 75% sold

Not bad for L&G this weekend!
Btw the semi-D project is called The Airie by Loh & Loh Group.
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Wow, now who say high density no good? Seems this is crowded area in future. Ppl may not mind abit difficult access road every morning and evening.
eddychstu
post Jan 8 2012, 11:24 PM

Why so serious?
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^crowded place is not a problem, the important thing is the quality of the crowd.
yoki
post Jan 8 2012, 11:25 PM

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i wonder how many are ownstay....!!!
Maverick2011
post Jan 8 2012, 11:27 PM

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QUOTE(eddychstu @ Jan 8 2012, 11:24 PM)
^crowded place is not a problem, the important thing is the quality of the crowd.
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Did you buy? So you consider yourself high quality or low quality?
eddychstu
post Jan 8 2012, 11:34 PM

Why so serious?
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QUOTE(Maverick2011 @ Jan 8 2012, 11:27 PM)
Did you buy? So you consider yourself high quality or low quality?
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quality is not something you can self justified wink.gif
cheahcw2003
post Jan 8 2012, 11:46 PM

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QUOTE(yoki @ Jan 8 2012, 11:25 PM)
i wonder how many are ownstay....!!!
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difficult to tell, some who plan to invest, ended up own stay, some plan to own stay, ended up selling if the appreciation is good.
0106127
post Jan 9 2012, 12:01 AM

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QUOTE(yoki @ Jan 8 2012, 11:25 PM)
i wonder how many are ownstay....!!!
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mostly is for own stay. this project is not for flippers.
airline
post Jan 9 2012, 12:22 AM

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How is Mayland quality lately? Regalia ok? Shared a unit.. Maybe want to burn rm600
The 10 percent discount until when
Don't really like Sri damansara condos..
Saw many pj Lang buy

8 years is long time. And their late delivery

This post has been edited by airline: Jan 9 2012, 12:23 AM
cheahcw2003
post Jan 9 2012, 08:48 AM

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QUOTE(airline @ Jan 9 2012, 12:22 AM)
The 10 percent discount until when。Don't really like Sri damansara condos..Saw many pj Lang buy

8 years is long time. And their late delivery
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i think the10% rebates will always be there just to help those fall under ltv70%. The delays doesn't bother investors much as it is under DIBS now, in fact the developer has the incentive to complete the project on time or earlier if they can to safe bank's interest.

Unlike Regia, this is the 4 phases 8-10 years project. If the phase1 product quality is bad, then it will affectthe sales demand for the subsequent phases.
frankor
post Jan 9 2012, 10:09 AM

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QUOTE(cheahcw2003 @ Jan 8 2012, 07:28 PM)
If you are not geologist/ civil engineer pls dont try to mislead others. What make u think this project will be another Bkt Antarabangsa?
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Whether he is a geologist is not important but the Damansara Foresta will be built based on the same guideline as how Bukit Antarabangsa condominiums were built as the new guideline on hill slope developments went into to coma and it will awake and rise again when there is another major landslide. This is the proof of "Malaysia Boleh" dilemma. doh.gif doh.gif

As experts have said that there are flaws in the exiting guideline on Hill Slope developments therefore the occupants in Damansara Foresta is like driving a car into any shopping complex reminding that " PARK AT YOUR OWN RISK" so it is equivalent of "OCCUPYING AT YOUR OWN RISK". vmad.gif

The most important point that need considertation is after all Phases are completed and handed over to the owners the Developer will say thank you and in their mind developments will move on and surely the Developer couldn't be bother to manage and monitor the hill slope conditions from time to time and you must pray that JKR and MPPJ will do it and not until the landslide occurs. So Joint-Management Body will have to hire expert to conduct test periodically themselves and the costs will be borne by owners in the form of maintenance charges.

One must remember that the slope facing the LDP near Damansara Flora was used to be ex-quarry of rocks many many years ago and one point that is pondering me that will there be any side-effect to the soil condition on the Hill i.e. where Damansara Foresta is situate on the same hill.

Be prepare that if there is another major landslide caused by hill developments then history will be repeated that the Government or State Government will issue Stop Work Order. icon_question.gif

As such, it may cause delay in handing over vacant possession and later when owners want to claim for liquidated damages provided in the Sale and Purchase Agreement - do you think that the Developer will honour their obligations under the Sale and Purchase Agreement to compensate 10% interest to the Owners for late delivery of handing over vacant possession. drool.gif

A simple calculation is property valued at 700K then 10% interest per annum for liquidated ascertained damages is equivalent to about RM191.75 per day. So if delay is 100 days owners are entitle to claim RM19,175.00 and if 1 year delay then it will be RM69,988.75. Wow! rclxm9.gif

Lastly, I am not anti-Damansara Foresta but it will be safer that if the developments will not be based on the old guideline of hillslope developments. cry.gif






cheahcw2003
post Jan 9 2012, 11:01 AM

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QUOTE(frankor @ Jan 9 2012, 10:09 AM)
Whether he is a geologist is not important but the Damansara Foresta will be built based on the same guideline as how Bukit Antarabangsa condominiums were built as the new guideline on hill slope developments went into to coma and it will awake and rise again when there is another major landslide. This is the proof of "Malaysia Boleh" dilemma. doh.gif  doh.gif
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Well, i just pointed out the way the forumer "Youcity", carried out the points.

He/she may question like in such a manner :
If this project safe? or how the developer can mitigate the landslide risk? or how other investors think about the safetiness of this project? is the developer capable to contruct such products in the hill side?

One who invest or ready to invest have the rights to ask such questions, in the more diplomatic and humble way, but what he/she pointed out is to accuse this will be another Bkt Antarabangsa alike project, and attach a link to the said Bkt Antarabangsa tragedy. This will make others forumers confused and panic.

In Malaysia law, one is not guity until u prove it guilty. To prove it guilty, u need witness and concrete evidences. You cant just simply shoot in the air and said it is guilty. Usually to prove the evidence, we need professional thoughts to certify, ppl like doctors, engineers, or geologist in this case.
kelvin667
post Jan 9 2012, 11:16 AM

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professional?
I believe there are also professional who have certified and sign bkt antarabangsa project, right.
I agree not fair to link it to bkt antarabangsa but if you depend merely on professional, then you can think the rest.
Anyone can clarify the slope %?
airline
post Jan 9 2012, 11:23 AM

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how come bukit antarabangsa come into the picture
kelvin667
post Jan 9 2012, 11:32 AM

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because some ppl see the slope at site loh and so they mentioned here
but bkt antarabangsa collapse are due to understream not slope
but then again, we have to look at soil type and slope %.
so anyone here know the slope %?

This post has been edited by kelvin667: Jan 9 2012, 11:33 AM
cheahcw2003
post Jan 9 2012, 11:32 AM

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QUOTE(airline @ Jan 9 2012, 11:23 AM)
how come bukit antarabangsa come into the picture?
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don't know...there are so many hillside development in the country that nothing happened but not mentioned it here.


Added on January 9, 2012, 11:36 am
QUOTE(kelvin667 @ Jan 9 2012, 11:16 AM)
professional?I believe there are also professional who have certified and sign bkt antarabangsa project, right.
I agree not fair to link it to bkt antarabangsa but if you depend merely on professional, then you can think the rest.
Anyone can clarify the slope %?
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what i meant is if u r not sure u shd ask those professionals or ask in the forum in the proper ways, not pretend yourself as professional and conclude it will be another Bkt Antarabangsa.

This post has been edited by cheahcw2003: Jan 9 2012, 11:36 AM
airline
post Jan 9 2012, 11:37 AM

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QUOTE(eddychstu @ Jan 8 2012, 11:24 PM)
^crowded place is not a problem, the important thing is the quality of the crowd.
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majority speak english one. haha
kelvin667
post Jan 9 2012, 11:47 AM

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QUOTE(cheahcw2003 @ Jan 9 2012, 11:32 AM)
don't know...there are so many hillside development in the country that nothing happened but not mentioned it here.


Added on January 9, 2012, 11:36 am

what i meant is if u r not sure u shd ask those professionals or ask in the forum in the proper ways, not pretend yourself as professional and conclude it will be another Bkt Antarabangsa.
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if you mean individual professional that is not linked to the dev, then nod.gif


Added on January 9, 2012, 11:48 am
QUOTE(airline @ Jan 9 2012, 11:37 AM)
majority speak english one. haha
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aiya, i speak hua yi one
but also wanted to buy tongue.gif
scare cannot mix later sweat.gif

This post has been edited by kelvin667: Jan 9 2012, 11:48 AM
seanooi880327
post Jan 9 2012, 11:51 AM

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I think most important developer have to do ground check on land condition for certain period even completed....

for exp, every 2 years or 3 years send specialist to check the condition,.. Will developer do that?

This post has been edited by seanooi880327: Jan 9 2012, 11:51 AM
ahken100
post Jan 9 2012, 11:53 AM

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QUOTE(airline @ Jan 9 2012, 11:37 AM)
majority speak english one. haha
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Like that char kuey teow business cannot do. Better convert to western food. biggrin.gif

Im like hongkese speak cantonese wo. Then how? My parents cant speaking, only hokkien or canton. biggrin.gif


kelvin667
post Jan 9 2012, 11:55 AM

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QUOTE(seanooi880327 @ Jan 9 2012, 11:51 AM)
I think most important developer have to do ground check on land condition for certain period even completed....

for exp, every 2 years or 3 years send specialist to check the condition,.. Will developer do that?
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not required by law, so they won't
but fall back to JMB later if they wish

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