any New? now is 2018......how many of u are S&P is status 2018.... can start claim your late interest lio....

developer paid them to promote their project,
only stupid noob investor trust them

Officially abandoned? I heard their office still working when buyers call in to ask

heard that the loan still pending... vendor also left them.....

Sometimes if only they have the hindsight and build something smaller with whatever cash they have...greed of thinking of maximizing land

Most people at some point of life rolls the dice with luck. When it works they are known as successful entrepreneurs. When it doesn't...

hope is better that give up... .....

hear from little bird...

Ssc progress :

1. Dev Manage to secure funds from HK

2. Waiting for approval from BNM before the funds can be disburse.

3. The moment funds are disbursed, 90 days is the time needed to start construction again.

So yes there will be delay, but should still within the 48 months as per SPA

(dont ask me for more updates, i just got this update from someone that deals direct with developer)

so will soon be or already bcome abandoned project? all the purchasers start to pull out already?

Wa abandoned? Hope their purchasers are compensated!

Can anybody share reason why sifu advise you to buy this project? I don't think it is fair to blame 100% on someone else recommend. I'm sure nobody hope for project to be abandoned. If you buy based on someone else recommend you need to agree with the analysis make sense to you only buy. Dont just close eyes and follow then blame others who maybe also invested and stuck like you. So back to the original analysis why was selayang star city promoted as good buy?

So why was this project a good buy? No one said anything about why this is a good buy in this thread...

There should be a law to bring directors of companies of abandoned projects to court for killing a lot of people’s hopes and dream. Just bad

Yeah agree, shud have similar laws.. incompetant directors need take responsibility... Then more trust, market will be better too..

The reason businessman use company as a shell to protect themselves and liability.

Not the intention to rub the salt to the wound, but as a buyer who buy off-plan the developer reputation is very important in the decision making. Of course there are premium attached to these developers. that's is where the balance of risk and reward comes to play.

I guess we are asking for new protection rules....

even under current system, developers still need finances to build lah. there is no different in financing in both system.

SHC got couple of projects under BTS. Unfortunately they all got stuck.

this is just one aspect of BTS.
pls also noted sunset clause.

I received a letter mention that the fund is approved but need to extend till next year Q1 only can be resume.... so late meh?

with all official letter..no for me to advise. no sure if they can be comply with the promised.

It's normal, everyone can be guru during property boom...still giving examples of how he earned 100% profit buying Tropicana tropics, the zest and axis ampang nowadays...Wondering which project he bought from 2014 will make money(bought new undercon from 2014 not vped 2014 ya)  ...I doubt those recommended projects in seri kembangan and Damansara damai can make money....mrt bxxshit blah blah

But at least still focus in property, not like some one from property guru to bitcoin guru and now back to property?😂

Hear developer under receivership - is it true? What is Crowe Horwarth letter saying?

I hope DBKL (after clean up of corrupted official) will consider taking up the project and develop it

Such a waste and eyesore, not to mention a bad reputation to Malaysia economy

In the past DBKL corrupted and want only under table $$, of course won't revive abandon projects.

I'm hoping for new DBKL that will be managed better and care about development of KL