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 Platinum Damansara @ Ara Damansara, What is the status?

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forever1979
post Oct 19 2013, 04:34 PM

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Not that easy to revive as it involve lots of legal issue and some of the purchasers are foreigners.
I believed many has since defaulted the bank loans and it makes the case more complicated.
Good thing is market price at the moment shall be more than RM700psf in comparable with the recent few launching.
forever1979
post Dec 7 2013, 04:16 PM

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Anyone who stays nearby can confirm the revival of the project ?
Any heavy machinery brought in and start working again ?

This post has been edited by forever1979: Dec 7 2013, 04:17 PM
forever1979
post Dec 12 2013, 01:16 PM

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a lots of developer will set up 'SPC'- Special purpose vehicle for each individual project so that the risk can be mitigate, if 1 project got problem, cannot affect another project.


 

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