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Investment Bad Developers!, Bad Developers

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ozi_racing
post Oct 27 2012, 04:05 PM

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Joined: Mar 2007


QUOTE(Slappy @ Sep 27 2012, 01:02 PM)
A very bad developer to watch out for:

PLENTIFIELD SDN BHD - Developers of Melaka Business Centre in Ayer Keroh

My experience with them:
- Bought a property in Sabah from them in 2009, a commercial shoplot run by Best Western hotel.
- Supposed to complete in Aug 2010.
- In Aug 2010 they told us delayed until Feb 2011.
- In Feb 2011 they told us delayed again until August 2011
- In Aug 2011 they told us delayed again until Feb 2012
- Now its Sep 2012 and property is still not handed over to me

- They are supposed to pay late interest of 8% pa to me. They refuse to pay.
- They are supposed to reimburse my loan interest payment (something like DIBS) - they refuse to pay for 2012
- They continually lied to us saying its completing soon and then suddenly they give me a letter saying that their engineers said in Nov 2011 asked for construction extension due to 'lack of manpower' and 'bad weather'.
- They are using said engineer's letter to get out of paying us late interest.

Overall, dishonest, lack of integrity, poor project management, poor customer service, poor everything.

Do not buy from this developer!!

If anyone has any other bad developers to share, it would be much appreciated also. Although these clowns are not blacklisted, we nee to know about them to save us alot of heartache!!
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why there are positive comments about Best Western Premier hotel sandakan in the tripadvisor website?
is this the same hotel as you invest?

 

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