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 DEVELOPER WITH BAD REPUTATION, Shud Avoid Buying ??

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pat8626
post Mar 12 2013, 08:54 PM

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So how about UOA? Any track record for them?
pat8626
post Mar 13 2013, 01:33 PM

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QUOTE(EnergyAnalyst @ Mar 13 2013, 06:28 AM)
UOA is not a bad developer. They are very long-established Singaporean /Australian listed company . Their track record is quite good. One thing for sure is their pocket is really deep---they have quite a few projects, completed mainly with their own fund--- built then sale instead of  sale then build .
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If tats the case, is it indicate that they make lots of money from their project? For example, price it high but use inferior goods, did they having this problem or did they manage to provide 'wat u pay,wat u get' project? Or their build quality is it good? Coz I knw villamas o lbs often lack in build quality in their project...unlike se hoy chan or other big players
pat8626
post Mar 13 2013, 10:27 PM

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QUOTE(EnergyAnalyst @ Mar 13 2013, 02:48 PM)
UOA is cash rich, I happen to know even their own staff is very confident with their project whereby before any launches, their staff will book up and buy, some even jointly a big chunck of the units (for investment)

Their built quality is good (just check out Bangsar South, Plaza Manjalara, Setapak Green just to name a few. They even have UOA REIT, that speaks volume.

Also, check this out
UOA recently emerged (OCT 2012) as the inaugural winner for The Edge Notable Achievement Award and named amongst the top performing 200 Asia Pacific companies in Forbes Asia’s 200 Best Under A Billion List.
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Nvr go in those uoa completed project, haha..yup, I noticed the award frm EDGE.hope they reli can deliver their best...bt their price oso vry shiok...reli tally with their name..u hv their project on hands?
pat8626
post Mar 14 2013, 01:16 PM

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QUOTE(EnergyAnalyst @ Mar 14 2013, 08:47 AM)
Nearly bought one from them but did not. I happen to know a lot about them as my office used to be in one of the UOA building.

Pricey? Built then sale sure pricey
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No ah, sale then build oso exp, like scenaria, desa green, le yuan...nt cheap at all...

Then y sudenly decide nt to buy? Their office build quality quite good izit? Everyday pass by bangsar south, quite impressive frm the outside...
pat8626
post Mar 15 2013, 01:39 PM

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[quote=EnergyAnalyst,Mar 15 2013, 10:14 AM]
Clearly this is about demand and supply, a price cannot be taken on the surface.

Scenaria, picey? location and other project strapping 'NORTH KIARA' as location (verdana being one, concerto being another are both already selling in millions price tag, All three have nothing to do with Mont Kiara, frens of frens bought a scenaria unit without even raising an eye brow, he thinks it is cheap)

Desa Green, Taman Desa, small sf price 350k +, pricey meh, u know in TD, very hard to find new project below 500k liao

Le Yuan, know a nearby 1200 sf old condo last time sell from 150k to 200k plus (completed 1998) is now asking for 450k, both sits on the same hill, u tell me Le Yuan's 1600 to 1700 sf new condo should be price at what rate? , considering newer add on like the beach resort experience, and other recreational facilities, such as a gourmet kitchen for residents to use during parties and gatherings, a floating gym and many more.

I end up did not buy because of this: It was very quickly snapped up, i was too slow. sad.gif
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Buying property without blink of eye, meaning ur fren of fren have no financial prob at all, at least nt facing cash flow issue..bt I believe majority nt in tat status..

500psf at kuchai lama consider expensive for me, bt of course, when taking the consideration of developer factor in the future price, cnt complaint at all...

Anyhow, if wat uoa deliver tally with their price, I believe no 1 will complaint...

Which project u which to buy initially? Btw, for new condo, izzit the management form by the developer?

 

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