May l know if the land refinancing involves all EKC land or only BlkE and BlkH?

May l know for the scanario above, under DIBS and 90% loan, will the interest charges caused by late drwdown paid by developer? Thanks

ekv refinance ekc land?

This is getting interesting. I receive that letter too and no idea what it's talking about. So what is the implications after we sign that/ don't sign that?

Someone pls post that letter here

This project seems like sibeh jialat. Another mall to fail. Sorry to say that even though i know got thousands owners buying here...

Here is the letter. What do they want now ?

Wondering why block J nv receive this letter but instead received progress billing letter.
Block J n E not on the same piece of land?..

If they refinance the whole land, BlkJ buyers should also receive the letter, else only partial of the land gets refinanced.
So BlkJ buyers can observe for two/three weeks if such letter arrives.

Lol

From the photo like still doing piling oni

Block J will receive both the progress billing and also the above ltr notifying a change of chargee bank fr ambank to cimb. Ekovest refinanced the land to get a higher loan amt to improve their cashflow. Block H residents will be receiving their progress billing ltr by the 3rd week of dec 2015 followed by Block E in Jan 2016. This is for the completion of stage 2A of the progress billing claim.

This is crazy. Refinance after sold. Ekovest cash flow so lousy need until the extent to go through all the fuss just to refinance? They need signature from all the buyers. That's desperate move. The next question is what if they could not get 100% return signature. What's next then? How the hell the dato got property man of the year? This is really joke of the year. Any taiko going to write in to ask what's going on?

This post has been edited by mybenz: Dec 8 2015, 10:37 PM

Scary . If buyers don't sign that means they might run into cash flow problem. Worst case abandon the project ?

Anyone going to sign it?

Hearsay this datuk borrow money from ah long . .... something wrong with him liao, cash flow

really jia lat this time

Wah u so power. He borrowed from a long u also know. Really geng u

This project is really jialat. I feel damn lucky to have skipped this project earlier. To owners of Ekocheras, I think you all should just close both eyes and pay the installment only. Keep taking pictures of the construction site is akin to watching paint dry. Just focus on your job, pay installment and pray hard that nothing goes wrong at Ekovest.

So jialat? They got duke and Duke 2 undercon and also bidding for bandar Malaysia wor... If no money how to build and bid...

Are you crazy, do you know how many buyers of this project here. Do you know finger kung-fu just able to get a unit here. You better delete your comment here, else you will

Just a raw suggestion....buyers with the notifying letter, would you like to gather at their sales gallery and request for a QnA session? What's your say?