Apr 9 2014, 02:58 PM
QUOTE(Calculator2013 @ Jan 16 2014, 09:55 AM)
Just an update from my friend.
He almost booked a unit in Selayang Springs. Lucky for him.
He still keep track of the progress of that project, so he knows abit.
According to him, not the developer cabut. It is the Main Con who has cabut!!
This Main Con was invited to take over some other lousy contractor last time.
In the end, they also cabut.
And if not mistaken, the drawdown for Selayang Springs is almost at 50%.
So, like it or not, purchasers are paying RM300++ each month for the interest of loan (not yet even paying principal).
Really pity Selayang Springs purchasers. Hopefully some other contractor can take over the job and finish it.
There may be potential revival of Selayang Springs. Sorry for bringing this up here but since it was introduced already as off topic, what would the ideal sizes be and what is the right pricing for the project that is poised to change the face of Selayang?
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