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Investment SELAYANG STAR CITY | POLARIS SUITES | VEGA SUITES, Beauty couture has a new address

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michaelchang
post Aug 7 2018, 10:49 PM

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The mall is at least 60% complete, if they really abandon project, maybe DBKL could get someone else to take over.

Such a waste to abandon, the initial idea of this mall is good.
michaelchang
post Aug 8 2018, 06:18 PM

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QUOTE(bigman @ Aug 8 2018, 03:54 PM)
now development with mall attached become curse....

only reputed developer with experience in mall operation will has  high chance to success..

the small ikan bilis developer sure will hit the wall.... but buyers will affected most...
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So the mall by Maju at Sg. Besi is not good?
michaelchang
post Sep 13 2018, 11:32 AM

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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
michaelchang
post Sep 14 2018, 01:20 AM

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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
michaelchang
post Sep 14 2018, 06:37 PM

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I wonder, these few years have how many abandoned projects in KL and Selangor?

Upcoming, I suspect Maju at Sg.Besi has potential of abandoning the project due to no swimming pool and no free carpark and yet selling expensive + high density

What will happen to those abandoned projects?? Just leave to rot?
michaelchang
post Mar 4 2020, 11:30 PM

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QUOTE(colt45 @ Mar 4 2020, 10:32 PM)
but the bank has not disburse the full amount yet..rite?
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From the look of the building, Bank should have disburse 40-50% to developer
michaelchang
post Feb 20 2021, 07:21 PM

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Gov should fine the developer for abandoning the project, until they declare bankrupt.

Confiscate the property and auction off to other developer to complete
michaelchang
post Apr 16 2021, 07:06 PM

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QUOTE(cy91 @ Apr 16 2021, 10:25 AM)
really fucked up if bought an abandoned property.

Must check the developer background gao gao before buying
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Best is to buy property that is already completed. Some Mah Sing property, u can get cheaper after completion.

There are no consumer protection for property purchase in Malaysia, why take the risk of buying a property based on artist illustration and the risk of it being abandoned?
michaelchang
post Feb 23 2022, 05:48 PM

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Passed by today and stopped to look.

Saw a few worker working and this project seems to be active again. Netting and crane spotted.

Good news for those staying at Selayang.
michaelchang
post Feb 23 2022, 09:11 PM

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QUOTE(cy91 @ Feb 23 2022, 08:24 PM)
any picture to share?
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Nope, didn't take any picture. Just stop and look because see 3 workers perching on 2nd floor doing some work.
KL not that big, u can always drive there and take a look

 

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