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 Guocoland (Malaysia) Bhd is a bad developer!, My feedback, opinion and experience

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proplens
post Nov 10 2014, 08:12 PM

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QUOTE(kenviro @ Jul 24 2014, 12:37 PM)
I would like to share with everyone that Guocoland (Malaysia) Berhad is a bad developer. They are one of the most frustrating developers to deal with, and one of the most "recalcitrant" (as one owner said during the recent Commerce One AGM on 9th July at 7th Floor Pearl Point Hotel).

I share my experience with the building they built called Menara K1 (aka Commerce One) along Jalan Klang Lama.  Guocoland calls Menara K1 as a premium corporate office building but they didn't ensure that telecommunication facilities were available even after the completion of the building. Apparently, they were supposed to pay a certain sum of money to TM (like RM250K or more) but as they didn't do that, TM didn't provide the telecommunications infrastructure for the building.  As a result, a lot of owners of their units in this building didn't want to move in due to this lack of telecommunications facilities. It's about 5 months since the completion of the building that we are starting to see TM install lines and telecommunication facilities in the building.

Guocoland charges a monthly service fee of RM0.50 per square foot, which is higher than the RM0.40 mentioned by the salesperson during the sales of the office units, yet didn't ensure the telecommunications infrastructure was ready. Furthermore, Guocoland didn't provide any visitor parking at all and there is also zero season parking in the building. Can you believe that? I know of one owner who bought 4 office units in Menara K1 but he only has one parking lot each. Assuming there are 5 staff in each office unit, where do the 16 staff park? As a result, that owner has only moved into one of his office units and left the other three units vacant.  I don't think owners will actually complain about the monthly service fee if all the facilities are in place but that isn't the case. 

Apparently twice there was a change in the CEO of Guocoland or their project company during the construction of Menara K1.  Lastly, the quality of the window gasket and finish wasn't all that good either as I know of one owner that has been griping about that. As she didn't buy a parking lot for her unit, she had assumed that Guocoland would provide season parking but it turned out that not only has there not been season parking provided at all but she has been griping that Guocoland has been selling parking lots to other owners without telling her. I actually agree with her that Guocoland has unethically been profiteering by selling all those parking lots to others.

Therefore, I urge anyone who is thinking of buying into the next project of Guocoland to think twice!
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Thanks for sharing this. This is helpful to potential or future buyers.
nookie188
post Nov 10 2014, 08:14 PM

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QUOTE(Maneki-neko @ Nov 10 2014, 07:58 PM)
Sunway, MRCB, SP Setia.  cool2.gif
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Sunway?? you kidding right?

one of the worst I have encountered..never ever..
Maneki-neko
post Nov 10 2014, 08:23 PM

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QUOTE(nookie188 @ Nov 10 2014, 08:14 PM)
Sunway?? you kidding right?

one of the worst I have encountered..never ever..
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Really? Luckily I didn't buy anything from them except going to Pyramid for walk sometimes cool2.gif
jhuitan
post Nov 10 2014, 08:27 PM

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QUOTE(nookie188 @ Nov 10 2014, 08:14 PM)
Sunway?? you kidding right?

one of the worst I have encountered..never ever..
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Agree.

This post has been edited by jhuitan: Jan 3 2015, 07:18 PM
myproblem
post Nov 10 2014, 08:39 PM

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Not sure about SP Setia. Seem like not very experience except for its pricey projects. Furthermore, Old time all left.

MRCB, heard some complains over their projects at Sentral. Seputeh 9 seems not picking up.

Personally, UOA still the best.
vl319
post Nov 10 2014, 09:05 PM

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I worked with developer and consultant before. As far as i know, all buildings should have internal telecommunication infra ready upon VP.

However, it is not developer obligation to ensure telecommunication "service" is available upon handing over key. Normally only telecommunication infra is installed to accept service from various service providers. It is different from electricity and water service because we only have TNB and Syabas dominate the whole market.

There are many telco in the market. So developer will normally let end users or management to choose their preferred service provider. Telco will only come in when the demand or subscription is more than 60-70%. This happened to all new projects.

So stop blaming developer for not providing telecommunication service to your property. Guocoland did nothing wrong in this case.

I think you should complain to MCMC instead of writing something bad on the forum. Look like you also did not do your homework to find out more info about telecommunucation service for newly completed building


nookie188
post Nov 10 2014, 09:05 PM

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QUOTE(jhuitan @ Nov 10 2014, 08:27 PM)
Any good developer recommend?
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plenitude , mitrajaya, ..having said that 90% of developers are crap - the only difference between each of them
is the degree of crappiness..so choose the lowest one if you can..
Babizz
post Nov 10 2014, 11:16 PM

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QUOTE(LemonBalm @ Nov 10 2014, 07:50 AM)
NEVER. But i pity those not from Klang who do.
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Haha now the BOSS is a like a thumbdrive eyesore to add up to Acmars previous projects tongue.gif
Babizz
post Nov 10 2014, 11:20 PM

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QUOTE(LemonBalm @ Nov 10 2014, 09:18 AM)
Damn fellas make ugly Klang skyline. But we all see it coming with Hotwer. 1st time developer, 27 years old. Doomed to fail. Heard owe ah long money right? Acmar lagi hebat, still got money to develop here and there. Tak tau malu. I play football with his son last time tho.
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Oh haha.. Hotwer owe a lot of people money.. he owe 1/2 of my friends also.. Klang don't need hotels la.. even the hotel in Bkt Tinggi's occupancy is on a downtrend.
jhuitan
post Nov 10 2014, 11:25 PM

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QUOTE(nookie188 @ Nov 10 2014, 09:05 PM)
plenitude , mitrajaya, ..having said that 90% of developers are crap - the only difference between each of them
is the degree of crappiness..so choose the lowest one  if you can..
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Agree, 90% are crap! Even far to meet Singapore HBD standard!
jhuitan
post Nov 10 2014, 11:27 PM

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QUOTE(Babizz @ Nov 10 2014, 11:16 PM)
Haha now the BOSS is a like a thumbdrive eyesore to add up to Acmars previous projects  tongue.gif
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This thumbdrive can VP consider very good already
SUStmdsad
post Nov 10 2014, 11:38 PM

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QUOTE(vl319 @ Nov 10 2014, 09:05 PM)
I worked with developer and consultant before. As far as i know, all buildings should have internal telecommunication infra ready upon VP.

However, it is not developer obligation to ensure telecommunication "service" is available upon handing over key. Normally only telecommunication infra is installed to accept service from various service providers. It is different from electricity and water service because we only have TNB and Syabas dominate the whole market.

There are many telco in the market. So developer will normally let end users or management to choose their preferred service provider. Telco will only come in when the demand or subscription is more than 60-70%. This happened to all new projects.

So stop blaming developer for not providing telecommunication service to your property. Guocoland did nothing wrong in this case.

I think you should complain to MCMC instead of writing something bad on the forum. Look like you also did not do your homework to find out more info about telecommunucation service for newly completed building
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I can confirm this is correct....I am from developer too.
jinsailoo
post Nov 11 2014, 10:57 AM

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QUOTE(vl319 @ Nov 10 2014, 09:05 PM)
I worked with developer and consultant before. As far as i know, all buildings should have internal telecommunication infra ready upon VP.

However, it is not developer obligation to ensure telecommunication "service" is available upon handing over key. Normally only telecommunication infra is installed to accept service from various service providers. It is different from electricity and water service because we only have TNB and Syabas dominate the whole market.

There are many telco in the market. So developer will normally let end users or management to choose their preferred service provider. Telco will only come in when the demand or subscription is more than 60-70%. This happened to all new projects.

So stop blaming developer for not providing telecommunication service to your property. Guocoland did nothing wrong in this case.

I think you should complain to MCMC instead of writing something bad on the forum. Look like you also did not do your homework to find out more info about telecommunucation service for newly completed building
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please correct me if i am wrong,

for the fix line that is only one telco provider that is TM,

other digi, maxis ..... is broadband, so why not you just connect the fix line with the office once VP,
I face the same problem before that TM won't connect the cable to the building before the demand /subscription more then 50%,

This is very unfair with those who wish to move in earlier
vl319
post Nov 11 2014, 07:15 PM

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QUOTE(jinsailoo @ Nov 11 2014, 11:57 AM)
please correct me if i am wrong,

for the fix line that is only one telco provider that is TM,

other digi, maxis ..... is broadband, so why not you just connect the fix line with the office once VP,
I face the same problem before that TM won't connect the cable to the building before the demand /subscription more then 50%,

This is very unfair with those who wish to move in earlier
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TM is not the only fixed line service provider. We still have maxis, digi, time, macrolynx and etc. Please refer to MCMC website for list of approved Network Service Provider (NFP). TM owns major telecommunication infrastructures and market share only. That's why we only know TM.

So normally if you move in earlier. You have to use wireless service first. Mobile phone is quite common now bro. So no worry.

No service providers want to do losing money business. Normally they wont invest huge sum of infra cost to bring the service in to newly completed building if the demand is still low. This is nature of doing business.

Ya. It is unfair to tenants who wish to move in earlier. So if management is hardworking, the will always ask tenants to submit application forms to them and they compile all the forms for submission to TM, in order to convince TM to come in earlier.




webby88
post Nov 11 2014, 09:13 PM

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QUOTE(jhuitan @ Nov 10 2014, 11:27 PM)
This thumbdrive can VP consider very good already
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So confirm this Thumbdrive kena cabut already?

I pity the investors. The BOSS with best ROI.
jinsailoo
post Nov 12 2014, 12:12 PM

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QUOTE(vl319 @ Nov 11 2014, 07:15 PM)
TM is not the only fixed line service provider. We still have maxis, digi, time, macrolynx and etc. Please refer to MCMC website for list of approved Network Service Provider (NFP). TM owns major telecommunication infrastructures and market share only. That's why we only know TM.

So normally if you move in earlier. You have to use wireless service first. Mobile phone is quite common now bro. So no worry. 

No service providers want to do losing money business. Normally they wont invest huge sum of infra cost to bring the service in to newly completed building if the demand is still low. This is nature of doing business.

Ya. It is unfair to tenants who wish to move in earlier. So if management is hardworking, the will always ask tenants to submit application forms to them and they compile all the forms for submission to TM, in order to convince TM to come in earlier.
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but only with fixed line provide stable and unlimited internet data,

imagine you set up a office with no/limited internet access,

will you set your office there?
gulstein86
post Nov 12 2014, 12:17 PM

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QUOTE(kenviro @ Jul 24 2014, 12:37 PM)
» Click to show Spoiler - click again to hide... «
any picture of the window that you mentioned?

gulstein86
post Nov 12 2014, 12:19 PM

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QUOTE(jinsailoo @ Nov 12 2014, 12:12 PM)
but only with fixed line provide stable and unlimited internet data,

imagine you set up a office with no/limited internet access,

will you set your office there?
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a big no no..
gulstein86
post Nov 12 2014, 12:43 PM

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QUOTE(TheOwl @ Jul 27 2014, 04:14 AM)
Guocoland is developing the Kota Emerald residential project in Rawang,next door to Hong Bee's (also a Hong Leong subsidiary) Anggun 1. While Anggun 1,2 and 3 (Anggun City) are very well planned (the quality of the houses is not so good) those of Kota Emerald despite it being a well-planned township are not well-built yet prices are sky high. Many people I know who invested in the project also complain about the quality of their houses. The area doesn't even have enough ports for internet service from Streamyx. Fibre optics has not arrived at Rawang yet. My opinion is in agreement with TS'. It is an extremely lembap company.
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enough ports for internet as well as fiber optic doesn't have to do with Developer right? They need to wait till TM or Time to lay cable to that area..
myproblem
post Nov 12 2014, 12:50 PM

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A lesson for every 1. Next time better buy with MSC status. At least the developer cannot anyhow play play...

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