that what i father always said.... regret is too late... risk is taken and have to bare on it.

Reputable here just meant owners will know the developer by name instead of the developing company...

How many guys here know the developing company by heart???? Almost nobody bcos we automatically relate the property to the main developer.

Gred A

heard from friend that the developer is selling their lands to get more fund to resume the mall construction, did you all heard the same?

if their lands is sizable and valuable, they could have charged to bank earlier. given their track records on investors from china, funding from foreign banks, bridging loan from one local bank, etc, is likely go the same way as earlier claims.

Given current market sentiment, resume mall construction is likely throwing good money after bad.

This post has been edited by icemanfx: Oct 20 2019, 08:09 PM

you think most likely this project got no more hope? selayang dont have a mall with cinema, if they can complete it, don't you think people in selayang and rawang would shop there? Selayang only has selayang mall which is quite old and rawang except Aeon, do not have other mall right.

LFS Cinema @ Capitol Selayang

Taman Selayang Jaya, 68100 Selayang, Selangor
03-6138 4881 https://g.co/kgs/5CzUKf

I think selatang has cinema

hmm even if this cinema really exists, i think star city mall still can attract shoppers from selayang and nearby towns. But need to depend how well they manage it and are the major anchors that they previously mentioned still with them or not.

Could this mall compete with lake park later? is selayang population growing?

Can share developer's track record on mall management and development? empire city lost their anchor tenants and you expect anchor tenants reserve their capex waiting for this abandoned mall?

This post has been edited by icemanfx: Oct 20 2019, 11:10 PM

i dont think so this developer has built / manage a mall before.

Before they could manage, how well they could attract major anchors?

Before they stopped construction they claimed to have secured tenant like sogo gsc celebrity fitness mr diy guardian and a few more which i dont remember

They claimed 90% phase 1 sold, 85% occupancy, etc and yet works has been suspended for over 2 years. How credible are they?

Haha confirm not 90% sold.. but i hope they can complete the mall :/

Unlikely at current market sentiment or near future.

This post has been edited by icemanfx: Oct 21 2019, 08:28 PM

This is the same developer for nearby project Taman Amansiara. From my experience, not so reputable, got issue regarding workmanship, late delivery and until now after 10 years the project completed, strata title yet to be issued.

This post has been edited by ubi1kelubi: Oct 22 2019, 09:17 AM

Likely mean the developer didn't fully complied to terms and conditions of authorities approvals; master title was charged to bank and yet to redeem.

This post has been edited by icemanfx: Oct 22 2019, 09:47 AM

wa if the developer bankrupt, gg for amansiara owners? who is going to approve their transfer of ownership, if they want to sell their house.

i heard that .. but i think this is just buy time only.... last time also said a lot about loan approval.. but now they need to look for new reason....sad to know that this kind of developer still can survive in Malaysia....

https://www.lh-ag.com/wp-content/uploads/20...aw-Alert-41.pdf

Read this.. i think they rly got the loan approved by bnm.. but due to other reason, probably due to this jmo got rejected, so they are unable to resume with the construction.. i may have understood it wrongly la