QUOTE(LCL01 @ Dec 4 2014, 11:25 PM)
Suggest that u check with TH. Unlike it's only at for foundation stage, perhaps did not reach you, your bank make drawdown and never send statement for progress interest.Who is your banker again.
Tropicana Heights @ Kajang , V2
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Dec 5 2014, 07:36 AM
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#81
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Dec 5 2014, 09:54 AM
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#82
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QUOTE(beancountz @ Dec 5 2014, 09:40 AM) bro, did your banker bill u progressive interest already? last i rmb, you mentioned that they havent even thou they have released the payment. Stupid Cina India Melayu Bank did not send me any letter on progressive interest but luckily I already put in money into my current account and they have been credited interest from my current account.Imagine if I had no money, straight away default. Going to lodge official complaint on this. |
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Dec 6 2014, 08:28 AM
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#83
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1st row released for sales should have faster completion as 24 mths to complete from date of SPA starts earlier
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Dec 8 2014, 11:47 AM
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#84
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Sand bricks also has certain advantages over clay bricks, depending on which factor you wanna focus on
http://construction.about.com/od/Masonry/a...ricks-Types.htm |
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Dec 8 2014, 04:03 PM
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#85
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Dec 9 2014, 09:21 AM
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#86
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Dec 9 2014, 03:18 PM
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#87
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Dec 9 2014, 04:11 PM
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#88
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QUOTE(BEANCOUNTER @ Dec 9 2014, 04:06 PM) As a buyer of TH, I am also disappointed with the Sand Bricks issue thingy.Of course, I prefer TH to only use clay bricks but it was not stated so in the SPA. So, what to do - buy already. |
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Dec 9 2014, 04:14 PM
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#89
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Dec 9 2014, 04:22 PM
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#90
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QUOTE(PeriPeri2014 @ Dec 9 2014, 04:16 PM) ppl not care wat bricks they using.....ppl more concern about price/location/GnG etc..... Now, if I was buying a Bungalow and I saw that the Developer was using Sand Bricks, would I still buy.seldom ppl ask the bricks.....zzzz but ah bean kor very kind share this infor with me. Ty The answer is YES - if the Location is damn good like OKR, KD, etc NO - if its in Mantin like MKH (based on gtfan feedback) Now, for TH, would I still would have bought - the answer is YES, cos I like the concept But needless to say, TH should have used only clay bricks instead of mixing but perhaps, their Land Cost is high. But if 7inch is here, perhaps he can share the buyers feedback with his Management. This could be one reason why sales is slow for Phase 2. |
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Dec 9 2014, 04:33 PM
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#91
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QUOTE(PeriPeri2014 @ Dec 9 2014, 04:27 PM) Reasons for slow sales for Phase 21) EM, SEH, other projects in Semenyih stole sales - 30% 2) Economy slowing down, buyers more cautions - 20% 3) No support from Phase 1 buyers - 20% 4) Cannot accept gateless concept - 20% 5) Sand Bricks not nice - 10% Edited to add no like Gateless concept This post has been edited by cfa28: Dec 9 2014, 04:53 PM |
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Dec 9 2014, 05:26 PM
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#92
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true, in normal circumstances, earlier buyers who can afford it will also want to buy an additional unit. Just like how GVH play their radio commercial.
But cos TH promised that Phase 1 was supposed to be the ONLY link homes, most Phase 1 buyers like myself feel that we have been mislead. Don't get me wrong, its still a good project but the SA should have said that they were not sure / Management have not decided yet what subsequent phases will be. So, for Phase 1 buyers, kita tunggu dan lihat |
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Dec 9 2014, 06:13 PM
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#93
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Dec 10 2014, 08:14 AM
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#94
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Dec 10 2014, 11:18 AM
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#95
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QUOTE(gtfan @ Dec 10 2014, 11:15 AM) SP Setia ecohill ds link uses a mix of clay and sand bricks. For their semi d, from the pic, they are using clay bricks for whole house. The famous saying is that when Property Developers say that their Margins in only 25%, its either they have a VERY GOOD CFO or a VERY BAD CEOI believe part of the reason why TH uses sand bricks is due to high land cost and they need to maintain a fat margin. According to friend who works as QS, most developer have a margin of easily > 100% for each house sold plus land cost. I told this to the CFO of a Property Developer many years and he laughed like hell. |
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Dec 10 2014, 11:55 AM
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QUOTE(Palmwalker001 @ Dec 10 2014, 11:49 AM) I think won't be so high, according to latest quarterly report, Cumulative Gross Profit QE 30/9/14 for Tropicana about 38%, Profit before tax margin around 20%. That one is reported profit. There is a real profit less 'audited expenses'http://www.bursamalaysia.com/market/listed...cements/1808697 |
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Dec 10 2014, 12:06 PM
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#97
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QUOTE(Palmwalker001 @ Dec 10 2014, 12:02 PM) Unless proven guilty, they are still innocence, we should not prejudge based on assumption. there are so many contractors and sub contractors for every project.I believe Tropicana as a reputable developers won't cheat on this. So many materials are bought but no one can say for sure if the material actually reaches the site or is ever used This is how Property companies make money But of course innocent until proven guilty Enron Transmile Silver Bird ala High 5 |
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Dec 10 2014, 12:11 PM
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#98
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QUOTE(gtfan @ Dec 10 2014, 12:08 PM) Audited report is more of a group profit after tax. Hypermarkets are no longer in the business of selling goods but are in the business of renting shelves.Eg. i sell a bottle of drink to cold storage for rm2.50. cold storage will sell it at rm6.90. So indirectly, cold storage have a margin of 276% (You will be surprised how big this supermarket is squeezing the distributors and they get the fat margin). That doesn't mean cold storage final report make 276%. Another eg. i spoke to kueen Lai subcon worker, they told me the cost to build each house in Tiara east doesn't even exceed rm180k. I am not sure how much the land costs. The developer sold the house at rm585k. So, even after minus rebate etc, selling price at rm528k, go calculate their gross margin Many cases of local SME on how TESCO, G1ANT, etc bully them The old days was 1) Supplier send Goods to Hypermarket 2) Hypermarket pay Cash or using Credit Terms today 1) Supplier pay Hypermarket to place goods on shelves first 2) Then Hypermarket pay based on Credit Terms QUOTE(PeriPeri2014 @ Dec 10 2014, 12:09 PM) Not fake but not correctOnly True and Fair - that also is open to different interpretation on what is True & Fair This post has been edited by cfa28: Dec 10 2014, 12:12 PM |
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Dec 10 2014, 12:24 PM
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QUOTE(coldman86 @ Dec 10 2014, 12:21 PM) Just a add on point on this argument. TROPICANA this year hv taken they ISO cert. So at least the house is still up to certain standard. Please dont take those Kuen lai to compare with tropicana. Hahaha This is a joke comparing. what is the buyer major complaint?Go check the Kuen Lai condo. that handover this year. If i rmb is call tiara parkhome. The owner at there cry like hell....... Of course Tropicana has better branding, track record, etc That's why I said Tiara South is too expensive, selling almost same price as TH 3-storey before rebates |
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Dec 10 2014, 12:28 PM
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#100
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