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Investment ONE COCHRANE RESIDENCES [MRT PROPERTY], Next to IKEA and Ikano Megamall + Hotel
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elimi8z
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 May 19 2022, 08:36 PM
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QUOTE(zack.gap @ May 19 2022, 08:20 PM) I'm frankly really surprised that Boustead would let it get this far.. There has to be some kind of analysis done that told them that the benefit of stalling the project far outweighs the benefits of completing it. My theory is take up rate is soo low that they don't need to care about LAD at all LOL. 100 buyers x 50k per buyer (tribunal level) is already RM 5M, haven't include whatever material & labour costs increase, the only thing good news for buyer is, it's Boustead, busuk2 also Gov will help, just have to wait |
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elimi8z
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May 30 2022, 12:20 PM
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» Click to show Spoiler - click again to hide... « https://www.thestar.com.my/business/business-news/2022/05/27/boustead-1q-profit-soars-573-on-land-disposal Got money liao, project can continue and maybe enough to pay LAD too 😂 |
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elimi8z
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Jun 2 2022, 04:38 PM
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Jgn goyang, Boustead Q1 performance good + with ship order, got enough capital. Even the Ritz RumaWIP also resume back liao
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elimi8z
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Jun 2 2022, 05:44 PM
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QUOTE(ayamxxx @ Jun 2 2022, 04:47 PM) known 2 projects recommended by him ended up as sakit or abandoned. Selayang another. why does this man still live freely and many still believe his words. 2 outta hundreds, success rate still high, BBB |
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elimi8z
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Jul 18 2022, 10:13 PM
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Buyers kaya liao, ready for LAD, can weather the recession, syukurrrrr
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elimi8z
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Jul 28 2022, 08:57 PM
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» Click to show Spoiler - click again to hide... « See lucky or not 🤣 |
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elimi8z
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Jul 28 2022, 11:38 PM
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QUOTE(zack.gap @ Jul 28 2022, 11:24 PM) If developer can get LAD free extension, how come buyer has to bear the cost and continue pay interest during that period? Food for thought lol Simple, banks need to repay their investors and gahmen need developer to keep developing to get land sales and taxes revenue. |
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elimi8z
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Jul 29 2022, 08:02 AM
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QUOTE(zack.gap @ Jul 29 2022, 07:52 AM) then the system is purely against buyers. if not screwed by the bank they're screwed by developers. I guess that's why there's a mortgage boycott movement in China lol It's the same every part of the world even US, EU and AU. Difference is CN buyers got balls |
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elimi8z
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Jul 29 2022, 04:52 PM
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QUOTE(Timmy Tan @ Jul 29 2022, 11:30 AM) This is really bad. I can understand government giving extensions during MCO, CMCO etc. But they have fully opened up the country for so many months already, and yet still giving extension to these developers! This will set a very bad precedent. Anytime any developer faces issue, just request extension from KPKT. As much as the the government need the land sales and tax revenue from developer, they need to understand that ultimately it is the property buyer/investor that is driving the market. If we lose confidence in buying new properties, most developers will not survive. Rakyat mudah lupa |
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elimi8z
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Oct 11 2022, 08:38 AM
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With GE around the corner, kronies have to fork out monies before their masters can save them, maybe another delay
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elimi8z
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Dec 6 2022, 07:10 PM
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QUOTE(sosobear @ Dec 6 2022, 05:48 PM) abandoned at almost completion? I don't think so... Why not? Near completion means about 80% disbursed already, 750 units x average 700k = 525M, at 80% disbursement, that's 420M spent/in the bank, if remaining 105M is not enough to complete and pay LAD, might as well just let it go |
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elimi8z
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Dec 11 2022, 12:23 AM
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Don't worry, the LAD is enough to pay off the unit
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elimi8z
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Apr 11 2023, 08:47 AM
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Lol, entire company no staffs of other races? That means their whole project team no need work during puasa? 🤣 what a great employer
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elimi8z
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Apr 11 2023, 08:13 PM
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QUOTE(jojolicia @ Apr 11 2023, 11:56 AM) Lol. Basically owners have 22 months of DLP to get defects rectified. 20 months coz next year also got puasa and raya |
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