QUOTE(cfa28 @ Oct 7 2014, 05:25 PM)
Bro strata title is up to 3-years to be developed. It does not mean that the Developer will take 3-years to complete.
Reason is cos Strata has always been associated with highrise units where time is needed for Foundation and structural works compared to 2-storey or 3-storey Landed development.
It is always in the developer best interest to complete the project ASAP and no developer will want to take 3-years to complete a landed strata when it can be completed in 2-yrs
I can easily afford loan of additional RM150K to even RM200K more than my current loan. But I can't afford another RM800K loan.
If u read the feedback, there are also many other buyers in my shoes, all told the same story that Phase 1 is the ONLY link-house development, buy now or miss the Boat and in less than 10-months, they launch another link-house with superior features with only a marginal price increase.
It would be odd if u do not feel the least angry.
As I said, Developers have always been mindful to preserve the Capital Value of their previous launches. If you launch a bigger and better new launch as only a fraction price increase, the capital value of the previous phase will suffer.
Now to me, its not really important cos I plan to give this property to my children but is it what a responsible and reputable developer should be doing?
Say that u buy from me know but u can suffer in the future.
I think we should not argue too much on who is right or wrong but make a consensus on whether we should proceed with sending the Letter of Demand to Tropicana.
I hope someone will agree to take charge to compile the list of buyers and send the LoD to Tropicana via Registered Letter.
Alright bro.
I understand your frustration but sorry to hear all that. Chill down bro and lets see how u guys can get more info from the dev.
I couldnt comment much bcz I didnt study much of the TH masterplan and exact land status or details btw Phase 1 and 2. And unknown of what facilities offered for the Phase 2 since purely G&G.
However, If Phase 1 and 2, I assume if really same number of units, same land size, same built up, no contrast of the location of Phase 2 is nearer to HTC, STP or etc. i willing to top up about 10% for Phase 2.
But from the above, Phase 1 is smaller land size at 22x70 vs Phase 2 22x75 ( although 5 ft long is minimal but additional 110 sq ft ), built up also larger a bit. So, if only 5% increased, it would be a dampen if both phases consist of more than 600 units. Moreover, Phase 1 completed in 2015 while Phase 2, schedule in 2017. The Phase 1 price upon subsale will boost Phase 2 by the time of 2017-18.
Anyhow, this is just my small small 2 cent of info.