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Investment SELAYANG STAR CITY | POLARIS SUITES | VEGA SUITES, Beauty couture has a new address
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lilytf
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Nov 8 2018, 11:58 PM
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New Member
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QUOTE(propertybuddy @ Apr 10 2018, 07:13 AM) 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) Can someone confirms that Sierra Delima has secured the overseas funding ? This post has been edited by lilytf: Nov 9 2018, 12:01 AM
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lilytf
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Nov 9 2018, 12:00 AM
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New Member
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QUOTE(lilytf @ Nov 8 2018, 04:58 PM) Can someone confirms that Sierra Delima has secured the overseas funding ?
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lilytf
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Nov 9 2018, 02:26 AM
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New Member
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QUOTE(hkchan231 @ Nov 8 2018, 06:25 PM) heard that they are fire the judicial management which assigned by high court... look like really going to be ugly.... I have read the posting on 17 oct https://themalaysianlawyer.com/2018/10/17/c...on-in-malaysia/ - is this the same news or the developer is making another juridical management order application ?
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lilytf
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Nov 11 2018, 09:37 PM
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New Member
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QUOTE(hkchan231 @ Nov 10 2018, 02:52 AM) I think is the same. now become court case... not sure what happened next...... the SAP date has almost deal. not sure what I can do next. sending an complaint to tribunal? or send them a lawyer letter any advise? I am not sure what to do next whether to wait as they promise to complete by 2022 for block C or to ask for termination of spa. I am writing to Christopher Chan https://www.nst.com.my/property/2018/04/359...g-due-diligence for his advice. If we’re to take legal action, we need to join force. Do you know other buyers like us or any channels of group chat available ?
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lilytf
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Nov 21 2018, 01:44 AM
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New Member
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QUOTE(shadow_walker @ Nov 16 2018, 05:30 AM) tough luck for the buyers. have to go to civil lawsuit right if commercial..HDA only got the tribunal to protect the purchasers Does civil lawsuits means to engage with a lawyer to put up a case ? Are you one of the buyers like us ?
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lilytf
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Nov 23 2018, 12:31 AM
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New Member
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QUOTE(shadow_walker @ Nov 21 2018, 01:26 AM) yes..u need to appoint a lawyer and open up a civil case againts the developer. for HDA purchaser can pursue through tribunal channel and limit only till 50k only. if civil case got no limit maaa...sue left right centre..huhu Is 50k the penalty limit to sue the developer for HDA ? That means if successfully sued and developer will pay us maximum 50k ?
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lilytf
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Feb 19 2019, 03:31 AM
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New Member
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QUOTE(BEANCOUNTER @ Nov 24 2018, 05:37 AM) Actially lad is available when project surpassed its spa date. Not necessarily vped. What is lad and vped?
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lilytf
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Feb 23 2019, 07:14 PM
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New Member
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QUOTE(hkchan231 @ Feb 23 2019, 12:33 AM) sad to see the purchaser investment is hold. really lost faith to those developer arround selayang. hope that the government can look on thos issue. it heavly affected the reputation in selangor. The developer said block C will be completed by 2022. Did you get the same message?
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lilytf
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Feb 26 2019, 02:54 AM
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New Member
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QUOTE(icemanfx @ Feb 23 2019, 09:23 PM) This is a private venture. What has to do with the state gomen? Unless there is work progress on site, do you believe the developer? I am currently working overseas. Can someone advise if there is no progress of work on site ?
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lilytf
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May 13 2019, 07:36 PM
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New Member
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QUOTE(icemanfx @ May 10 2019, 05:03 AM) mean this project is unlikely to resume anytime soon. yes, borrower need to service loan interest. if possible, recommend to pare down loan disbursed. How to pare down loan disbursed ?
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lilytf
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Aug 7 2019, 03:19 PM
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New Member
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QUOTE(icemanfx @ Jul 18 2019, 05:29 AM) As this project is unlikely to complete in next few years, interest payment could only mounting. Those could afford should pair down loan dispersed. How to par down loan disperse?
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lilytf
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Aug 9 2019, 03:31 AM
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New Member
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QUOTE(BEANCOUNTER @ Aug 7 2019, 11:47 AM) Throwing good money to pay down loan already disbursed loh That is a lot to pay bank the loan already disbursed. It is about 45% of loan. Are you saying by doing this we are consider giving up the property ?
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lilytf
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Nov 28 2019, 04:55 PM
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New Member
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QUOTE(hkchan231 @ Sep 24 2019, 04:23 PM) that what i father always said.... regret is too late... risk is taken and have to bare on it. Hi, there is a group watsapp for starcity project. Please contact ms. Ong Lay Peng +60 12-390 0138 to join this group.
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lilytf
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Dec 3 2019, 04:48 PM
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New Member
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QUOTE(blue33 @ Nov 29 2019, 02:23 AM) any good news to share with us? im from selayang , sad to see this project to be abandonded. So far no news
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