Yeah, some people here can be quite condescending. I once quoted the info I got from an SA at one thread and what do you know, one member just assumed that I swallowed everything the SA told me, hook, line and sink.

Meh, just let it be la...

But back on topic regarding this project, the developer SA I met at the iProperty expo at MidValley a few months back mentioned to me that they are giving 5% rebates on this project, and the same goes for EkoCheras. Doesn't seem like Ekovest is in a rush to sell many units from both developments for the time being, I guess.

Where did they get the idea that RoL project was supposed to mitigate the flooding? I always thought that it is more about cleaning up the Klang River and beautifying its surroundings.

Btw, I got my info from this website: http://riveroflife.com.my/en/home/.

If I can recall from last year's iproperty fair, the sales staff quoted me at around RM 900psf - RM 1,000psf for this project and only offer 5% rebates.

Not sure how the sales are, but I don't think their units will get snapped up that fast.

Not sure if the 'extreme' cost cutting measures Ekovest did to EkoCheras was any indication that its property arm isn't doing to well financially?

I do recall that the sales response for both the former and this project wasn't that good when I passed by its booth in a property roadshow at MidValley a year back.

This post has been edited by DesRed: Apr 2 2019, 12:25 AM

Litigation? What for?

Thought most people prefer to be awarded a fat LAD just like what happened to EkoCheras, no?

Still begs the question: How do you know that it won't VP?

Which means this project is abandoned?

A quick search in Google didn't come up with such news. But since you mentioned that this news is circulated internally, I'd bet by now there should be disgruntled buyers (both internally and externally) who would've filed a lawsuit and this will become public knowledge.

EkoCheras was VP'ed late and the LAD was paid accordingly to the earlier buyers. So far I don't remember coming across an article or two where a group of buyers threatened a lawsuit against them prior to its completion (or even after).