Mayland again?! don't put too much expectations.

Royal Regent has workmanship issue? I thought it was better than their earlier project. ie. Royal Domain & Sri putramas 1?

But I know Royal Regent's lifts always got problem.

Somemore in PYS website it didnt mention Royal Regent as their completed project

So bad to hear that.....

I heard Mayland is always late in paying up the main con in time, mostly PYS.
Which is why most of Mayland projects have poor workmanship?
Then will this be the same thing to L&G?

I was informed L&G management would be different than Mayland, which was why i bought.

Now that there's stopped work due to late payment to Main Con, this clearly means L&G has very tight cash flow.

If how L&G works is similar to Mayland, I wouldn't buy Foresta.

At that price RM800K i bought on block B Jan 2012, I could have bought the similar price similar size at DPC North Shore sub sale.

This is really killing my confidence when i see the message stop work.

Stop work really shows the developer is "TAK BOLEH" at all lo

BETTER STANDBY EVIDENCE FIRST - PHOTOS AND VIDEOS

Complaints in here won't do much effort here.

If we owners can manage to find other co-owners who happen to be a lawyer in profession, we need to standby our evidence, show unit, scale model and the introduction video of Damansara Foresta. These are the little things that make up L&G's "Invitation to Treat" to us purchasers.

Hopefully these lawyers (co-owners) can help us in a way.

By then, we will need L&G to dismantle and provide whatever the design they have promised and showed us when they placed their scale model and show unit.

This post has been edited by kencasval: Feb 9 2015, 10:03 AM

Stop work? I thought the readers here have already refuted such claim. Not sure why someone brought it up again & again.

L&G is not tight on cash flow. They are among the top 10 listed developer with highest cash holding

L&G has more cash holding than developer like Mahsing... not sure don't simply say lol...

Cash on hand is very subjective, L&G did hav financial problem experience before n sold few parcel land to others.
Further rich on hand not mean good payment to contractor.

hold contractor payment is Mayland style, LnG is under Mayland control so prevention is always better.

Is subject to how the Management style

Yes. I agree... I merely replying to disagree with the post above saying not paying contractor = tight cashflow..

Directors can be very rich. Company can be very poor. I have seen many developers in this way.

I know the director is damn rich. The company, I doubt.

Meaning owe contractor money don't pay contractor money lo. Delay payment.

If the contractor is not happy, likely the workmanship of the condo also ma ma dy...

Payment good is always better.

If payment is good, and if the workmanship has problem, i can only say main con has problem.

If payment is bad, we are really victim lo.

U understand?

Agree. Which is why we cannot say not related at all.

Big boss is still the same, David Chiu.

Hopefully they are not.

Ok then...and can you share where u hear they stop work?
I think people do business of course the biz owner is the one rich la... if not why open company? Do charity? I only replying to you dont simply conclude the COMPANY is short of cash... if u didnt even see their financial statement.

Honestly kinda tired with all those remarks regarding stop work, no cash, why steel railing, etc... Can't we move to more productive topics like interior designs ideas?

I will just ignore those naysayers and trouble makers.
At the end of the days,
1) Mayland purchasers and investors all make good money from their investment in Mayland products purchases. Nobody complain loosing money. The ROI is among the highest in the market.
2) LNG whether pay promptly to their sub-con or not it is out of our control and it is in between the vendor and developer, none of our business.
3) each developers have their strategies on controlling their cash flow if to pay their suppliers promptly. The late payment could be due to the unsatisfactory works delivered. If u r shareholder or creditors of LNG and not happy with their payments records, can always protest and question them in their AGM. No point complain in this thread, their customers of LNG will not help u to get the money back promptly.
4) if u are a "genuine" Foresta buyer and u r not happy with Foresta, I believe the developer is more than happy to buy back your unit at original price, we also have a few forumers express their interest to get a unit, if u willing to let go at original price, sure got takers and thereafter u can sleep well with less complain.

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Hi, i'm foresta owner for blk A. is it very teruk in the construction???