QUOTE(x132755 @ Oct 15 2017, 05:23 PM)
Hahaha can bulk buy kahInvestment EKOCHERAS @ JALAN CHERAS (V4) [MRT PROPERTY] [OT], Where Cheras becomes Mont'Jiulai
Investment EKOCHERAS @ JALAN CHERAS (V4) [MRT PROPERTY] [OT], Where Cheras becomes Mont'Jiulai
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Oct 21 2017, 01:48 PM
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2,604 posts Joined: Dec 2012 |
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Oct 21 2017, 04:45 PM
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13,313 posts Joined: Jan 2008 |
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Oct 21 2017, 05:38 PM
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443 posts Joined: Jul 2016 |
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Oct 21 2017, 05:49 PM
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20,146 posts Joined: May 2011 |
QUOTE(bf1119 @ Oct 21 2017, 05:38 PM) Must be realitic n reasonable.After 4yrs developer baru claimed less than 40% progress payment.....expecting major lad or dispute case. Less than 100k appreciation good already. The mall shall be opened 1st qtr next yr. Lets see if got price push factor. |
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Oct 21 2017, 06:49 PM
Show posts by this member only | IPv6 | Post
#1345
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3,902 posts Joined: Jul 2007 |
QUOTE(BEANCOUNTER @ Oct 21 2017, 05:49 PM) Must be realitic n reasonable. very likely to be postponed. After 4yrs developer baru claimed less than 40% progress payment.....expecting major lad or dispute case. Less than 100k appreciation good already. The mall shall be opened 1st qtr next yr. Lets see if got price push factor. |
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Oct 21 2017, 08:52 PM
Show posts by this member only | IPv6 | Post
#1346
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20,146 posts Joined: May 2011 |
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Oct 21 2017, 09:16 PM
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5,947 posts Joined: Oct 2013 |
Look at the bright side, as long as it does not get abandoned, allow it to postpone while buyers can spend time learning from other project buyers to challenge the EoT (assuming there is one) ...
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Oct 21 2017, 11:10 PM
Show posts by this member only | IPv6 | Post
#1348
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3,902 posts Joined: Jul 2007 |
QUOTE(Jagalat @ Oct 21 2017, 09:16 PM) Look at the bright side, as long as it does not get abandoned, allow it to postpone while buyers can spend time learning from other project buyers to challenge the EoT (assuming there is one) ... I think the LAD is gonna be quite significant for early purchasers. worse case scenario, i think it is worth to engage a solicitor as a group to split the cost. This post has been edited by lamode: Oct 21 2017, 11:11 PM |
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Oct 21 2017, 11:51 PM
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5,947 posts Joined: Oct 2013 |
QUOTE(lamode @ Oct 22 2017, 12:10 AM) I think the LAD is gonna be quite significant for early purchasers. Haha... Happened to have a chat with a buyer in the morning talking about potential engaging a common solicitor (if that occurred).worse case scenario, i think it is worth to engage a solicitor as a group to split the cost. The feedback l received was that, lawyer also wanna earn money, if a case can be dragged longer, more earning can be done. So it's a cost to buyers.... Haha... |
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Oct 22 2017, 11:01 AM
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3,902 posts Joined: Jul 2007 |
QUOTE(Jagalat @ Oct 21 2017, 11:51 PM) Haha... Happened to have a chat with a buyer in the morning talking about potential engaging a common solicitor (if that occurred). photo from today lai liao... The feedback l received was that, lawyer also wanna earn money, if a case can be dragged longer, more earning can be done. So it's a cost to buyers.... Haha... Attached thumbnail(s) |
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Oct 22 2017, 12:11 PM
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247 posts Joined: Jul 2009 |
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Oct 22 2017, 05:19 PM
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2,663 posts Joined: Feb 2013 |
Ekovest first high rise proj if they dont pay n do the EOT then they no need to sell their big ekotitiwangsa n many other projs already...big implication le...nowadays customer not easy to deal with le..
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Oct 22 2017, 05:46 PM
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2,604 posts Joined: Dec 2012 |
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Oct 22 2017, 05:53 PM
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5,947 posts Joined: Oct 2013 |
QUOTE(Quang1819 @ Oct 22 2017, 06:46 PM) Halted? Not that l heard of... So far from pictures, all progress is in place. In fact recently buyers received progress billing request... The earlier discussion was merely assessing potential future scenarios, which most buyers like to chui sui about... This post has been edited by Jagalat: Oct 22 2017, 06:00 PM |
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Oct 22 2017, 05:59 PM
Show posts by this member only | IPv6 | Post
#1355
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3,833 posts Joined: May 2008 |
It is foregone conclusion ekocheras will be delayed.
It is more of question Ekovest will be honourable to the SPA and pay out the LAD accordingly. Quoting example Sunrise was delayed in completing Arcoris to the tune of almost a year and no question asked to allocate funds to pay out full lad to the extend affecting their quarterly result. |
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Oct 22 2017, 07:25 PM
Show posts by this member only | IPv6 | Post
#1356
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3,838 posts Joined: Sep 2013 |
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Oct 22 2017, 07:44 PM
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2,604 posts Joined: Dec 2012 |
QUOTE(Jagalat @ Oct 22 2017, 05:53 PM) Halted? Not that l heard of... Just completion date postpone is it lol. I thought what happened So far from pictures, all progress is in place. In fact recently buyers received progress billing request... The earlier discussion was merely assessing potential future scenarios, which most buyers like to chui sui about... Btw, both of the malls will have good time competing. While Ikon and Cheras Central will be doomed |
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Oct 22 2017, 07:45 PM
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2,604 posts Joined: Dec 2012 |
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Oct 25 2017, 01:41 AM
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1,428 posts Joined: Sep 2013 |
good to delay for 1 yr. i need the money fr the LAD to pay for my reno works.
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Oct 25 2017, 06:11 AM
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20,146 posts Joined: May 2011 |
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