say extension to both ground and 1st floor

gohmen all very dirty one. they will wait until market really down , valuation down, then acquire your land.. they also not stupid..

This post has been edited by corleone74: Nov 17 2017, 09:31 AM

This is not dirty lah, everyone is like that

prop market affect everyone , if your targetted prop price drop, do you willing to gv higher price, so does it make you dirty

i say dirty lor.

they gohmen lor, supposedly not for profit, unlike businessman. they forcefully acquire your land. at market bottom price.

yes, all gohmen like dat. so they all dirty.

if your property kena acquisition.. it's shit for the owner. happens everywhere i guess.

Hmm don't think they would included that into the valuation..
Because its would increase the cost...

So they take only the basic one only...

so far has the gov demolished any relatively newer homes to make way for public usage by way of compulsory acquisition?

my fren's shophouse at ampang... forcefully acquired by government.... based on the market valuation as at present... now he suddenly gt rich out of nowhere... just that need to hunt a new house to stay now... although the shop house is super old... but it worth at least at least 8 numbers now....

Not bad lorh lidat follow market valuation. Private buyer more dirty lor ask cheaper or lower than mv all the time. Developer oso dirtier wut sell higher than valuation most of the time

If not mistaken, for SUKE, they did that for a few units at the Mandarina development, which is about 3 over years old... is that considered new?

This post has been edited by C&D: Nov 17 2017, 11:36 AM

If your property is very old and is being taken over, I guess the capital gains will be very high compared to the old purchase price.

But if you do not have another one ready to move into, the headache is to get another one with the money you get. Cos other properties will be expensive too.

3yrs is considered new....

oh... based on my fren's recent hunting... the sum he gotten.... can easily get a larger bungalow at the same area with alot of money left.... i guess his shophouse valuation is different from a residential valuation.... but yea... he is headache with hunting house now... alot of subsales choices in the market also... just that now have to close down the old furniture shop legacy of his family... and reinvest the extra money somewhere else....

Old commercial properties even more valuable... good for him...

His "trouble" is less worrying then - he is spoilt for choice.

yea... this kind of situation... only happen like maybe once in ur life.... the same as lottery... how many ppl will get their property to be forcefully acquired by government with good valuation....

On gomen acquisition, it is important and advise able to engage a reputable and experienced valuer to submit the claim. As long as one is not unrealistic like some ampang park owners, value given is generally fair or higher than expected.

Those owners received less than they deserve are basically those failed to engage professional.

ManutdGiggs showtime747 may be you also wanted to share your gomen acquisition experience here.

This post has been edited by icemanfx: Nov 17 2017, 02:16 PM

MRCB-Gamuda, YTL-TH Properties consortia appointed as PDP for HSR
http://www.theedgemarkets.com/article/mrcb...pointed-pdp-hsr

hmm why 2 PDP instead of just one for whole stretch?

https://www.nst.com.my/business/2018/04/353...rprise-analysts

YTL-TH as PDP came as surprise to many

Newsbreak: HSR to be revived soon, say industry insiders
https://www.theedgemarkets.com/article/news...dustry-insiders

“Am hearing that the Japanese may be involved, but that is conjecture,”

Less than a week left till the end of this month, we shall know soon i hope

I'm waiting..

developers also waiting.. to con unsuspecting buyers on HSR project