Rumors that previous buyers were "compensated" By IOI in order to avoid a lawsuit but not sure of exact mechanics

Cos the Banks will also be aware and will no longer finance / value previous villa sold at RM1.7 mln
The best is a supplemental SPA and supplemental Loan Agreement.

However, what about the Condo buyers.

This will also affect their valuation

This post has been edited by cfa28: Jan 29 2015, 05:08 PM

Yes, first time in recent history of such a huge price drop.

How will this affect future IOI projects and their credibility.

Even the RM1.4 mln is a BIG ???????????

would like to make small Announcement / Request


1. Can New Buyers of Villa please confirm that the price has indeed fallen to RM1.4 mln

2. Can Previous Buyers of Villa @ RM1.7 mln - please clarify how IOI has compensated you and the effects on your Loan process

3. What is the response of Condo buyer of this price drop?

bearbearwong tag you here.

This post has been edited by cfa28: Jan 29 2015, 09:27 AM

but perhaps some members here can just go and ask IOI

With RM400K discount, perhaps is is not within their budget

Just ask and update here loh - its public info after all

Bro, what is your source on the discount. Have you verified with IOI.

Did u buy the Condo or Villa. In any event, you are entitled to an explanation from the developer as it will directly affect you.

This post has been edited by cfa28: Mar 4 2015, 06:24 PM

Not sure if I posted before but you can try to contact the National House Buyers Association for help

Website is www.hba.org.my

Email to info@hba.org.my

Office is at Jalan Barat off Jalan imbi.

Open on Saturdays for meet the public session.

You can try to contact the national house buyers association for advice.

Email is info@hba.org.my