after MCO ended, can see alrdy dead, i see this building everyday ... feel sorry for the buyers, hopefully other dev. will take over and complete it.

asked my friend bout it, looks like another developer is picking it up, no names shall be mentioned atm

Tales of greed and sorrow abounds since time immemorial ....... and will continue as we progress forward 🤷

Something could be easy to regulate but when there is no incentive to regulate it, then there is no political will/pressure to regulate it.

Housing/property development... regulate, not regulate, or semi regulate... at the end same people/party gets voted.

Water quality (or lack of quality) in Kelantan is not a recent phenomena, but same people will get voted.

Why not you look into the commercial sense of a possible white knight to this proj. It gotta be win win driven. There is no santa in business world

You may look into, what are the potential adjacent land use there? The adjacent vacant land ownership for instance ?

Liquidation & valuation process on this developer & proj has not commenced? Jialat

What is the stage completion of this proj?

Based on what their background is still not very convincing if for me to put the bet on it.

Back on those days I was from a bank that they have really come out with developers in tier that they will choose to finance with when it comes to undercon. Basically there are 4 tiers.

Tier 1: YTL, SP Setia, Berjaya Property, Sunway, Tropicana Group, UOA Group, UEM Sunrise, IJM, Gamuda, Mahsing, IOI, Malton, SDB, Tan & Tan, BRDB, Perdana Parkcity and etc these are all big names with strong financial background.

Tier 2: UDA Land, Trinity, Platinum Victory, Akisama, Exsim, Boustead, Ivory Group and many more those are also very good and competent to complete their projects.

Tier 3: AmberHomes, Mayland Group and many more smaller in scale but somehow there are track records focus on property developments.

Tier 4: Talam Group and those blacklisted too many.

I'm lucky that I know there is this list to help me place my bet on my undercon projects and so far all of its are able to complete although with some defect issues. But the point is project must complete otherwise it's zero value. The risk is very high on buyer side. Doesn't matter, where is located or price on but must choose the right developer if buying on undercon. I will always check if I have doubt on their background through ssm and ctos on their companies and directors background.

And actually many private colleges are losing money except those big one and money games can appear in TV show too. Due diligent is really important when deciding on undercon properties.

I think a lot of victims also focus on price and location itself and tend to ignore the credibility of the developer. It's a big lesson for everyone including future buyers. You must know who you buy with.

As long purchasers want 'easy' property ownership, they are looking for financial disaster. It doesnt matter completed or abandoned projects.

Pretty norm for top-up sum from white knight unless there are some common facilities i.e unassign carpark lots that can be assign to them as part of the increased cost, unfortunately top-up sum will not be loanable since undercon project-personal loan might be option depending on owner profile

Location first, pricing second and developer third priority.

How many can afford dpc ?

People who live in SS2 may not like DU or DJ or even 1U.

Similar to those in Tmn Desa, Kuchai and OUG

Didnt ex Setia boss took many buyers to holland from semenyih ? And would any existing owners buyer another eco world project ?

The wrong action is to buy undercon instead of completed units…u see what u get

Still looking for his horse

The banner is so big that everyone pass by also can see…those ppl that went to nsk kuchai lama will not miss out the banner…poor buyers still suffering and now with this public announcement…victims dirty laundry out on display

Thats what they said when this proj was marketed to all the fishes…look at what happened now

These tactic still workable? There is 500++ abandoned and sick projects waiting to be completed…there is an immensed overlog…and with the current supply overhang, there is no need to FOMO