Any news on the abandoned Platinum Damansara at Ara Damansara?
Platinum Damansara @ Ara Damansara, What is the status?
Platinum Damansara @ Ara Damansara, What is the status?
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Mar 5 2012, 03:00 PM, updated 14y ago
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#1
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Junior Member
145 posts Joined: Jan 2009 |
Any news on the abandoned Platinum Damansara at Ara Damansara?
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Mar 5 2012, 03:24 PM
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#2
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145 posts Joined: Jan 2009 |
heard from someone there is someone going to continue the project. Any news?
if my information is wrong why no developer wants to take over and build? Is it already haunted thats why no 1 dare continue? |
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Mar 5 2012, 03:53 PM
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#3
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145 posts Joined: Jan 2009 |
QUOTE(sampool @ Mar 5 2012, 03:39 PM) i doubt the project will cont as the cost no enuf to cover... no profit who wanted to cont... which means it is a waste already?1.. some $$ lari by developer. 2.. inflation.. material/worker salary jump up compare to few yrs ago. 3.. too big to fail. Nobody will willingly buy over the project? How is the government going to overcome this abandoned building? |
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Mar 6 2012, 08:56 AM
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#4
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145 posts Joined: Jan 2009 |
from what my uncle told me. The developer is his friend, the project abandoned is because of his partner set him up. Meanwhile they are still in a court case, partner still sabotaging him. The owner will continue with the project after court case settled. And i'm most probably getting 1 free
The place is not bad with all the bunglows , semi-d's, luxury condo. Easy excess to PJ, Subang, KL |
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Mar 6 2012, 09:31 AM
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#5
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145 posts Joined: Jan 2009 |
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Mar 6 2012, 10:04 AM
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#6
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QUOTE(RomaNce @ Mar 6 2012, 09:58 AM) No no no. The contractor is suing the developer and no more in this project. New management team came in take over this project and continue the development. This is totally not related to the previous developer anymore. Sure anot? Does your friend personally knows the owner?The owner is staying in tropicana golf and country few doors away from the guard house and few doors away from my uncle's house. Check whether is him? Or are there any other abandoned building at ara damansara? |
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Mar 6 2012, 10:20 AM
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#7
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145 posts Joined: Jan 2009 |
QUOTE(sampool @ Mar 6 2012, 10:19 AM) i think u are right.. the kpkt will put the company in problem developer and unable to proceed any project, new company (liquidation) will be setup by another developer to cont' the project with approval from selangor gov. Maybe same owner. Close down old company open new. That's the trend maybe? |
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Mar 6 2012, 11:18 AM
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#8
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Once they revive this project, is the price going to shoot up sky high? Is it a normal condo or a luxury type?
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Mar 6 2012, 01:25 PM
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#9
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