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Investment SQWHERE @ KG SELAMAT SUNGAI BULOH [OWNERS' THREAD], Inner KD. Located close to MRT. By SDB.
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silent_killer
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 May 6 2014, 04:55 PM
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Getting Started
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People that bought this property should be verrrry worried, just my 2 cents. This might be a potential abandoned project. The land is agricultural land, but until today the units have been sold and the title of the land is still agricultural. Normal practice, developer will acquire the land and change the title to commercial or residential( this approval process usually take 1 year, pay some under table to make the process faster) then start selling once it is a full fledge commercial/ residential land. In this case, owners u need to do some due diligence.
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silent_killer
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May 6 2014, 05:17 PM
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Getting Started
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QUOTE(Darkknight2010 @ May 6 2014, 04:58 PM) Im not trying to scare any1 and im not trying to sell or spoil anybodys reputation. Im just saying this property raised a few red flags for me to proceed. I think property owners should know what is happening, if all these turns out to be fake. I truly congrats home owners that have bought the units. I think owners should call the sales agent to demand for explanation. |
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silent_killer
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May 6 2014, 06:27 PM
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Getting Started
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QUOTE(urb7 @ May 6 2014, 05:46 PM) The conditional SPA states this clearly, and will only proceed if they manage to change to Commercial with the development order. If not the deposit is then refunded. This is SDB, a established and reputable developer, not your run of the mill developer who is making a quick buck before cabut.   sorry, my mistake |
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silent_killer
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May 6 2014, 11:13 PM
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Getting Started
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QUOTE(woody33 @ May 6 2014, 10:22 PM) next door MS also agri land? Ms got approved some time ago Attached thumbnail(s)
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silent_killer
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May 6 2014, 11:35 PM
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Getting Started
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QUOTE(accetera @ May 6 2014, 11:26 PM) Land conversion for this project is not an issue. The biggest hurdle one is the one that I'm handling - Dang Wangi LRT Station in KL downtown. You're in construction line as well? |
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