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 EMPIRE CITY @ Damansara Perdana/Mutiara Damansara, Version 2

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Irenehoo
post Oct 30 2016, 08:16 PM

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QUOTE(heavensea @ Oct 30 2016, 06:46 PM)
What happened? Seems promising why now talking about ghost town, ph??
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Yea, I also don understand why so many haters here.
heavensea
post Oct 30 2016, 08:18 PM

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QUOTE(Irenehoo @ Oct 30 2016, 08:16 PM)
Yea, I also don understand why so many haters here.
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Hi, are you one of buyers?
Irenehoo
post Oct 30 2016, 08:31 PM

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QUOTE(heavensea @ Oct 30 2016, 08:18 PM)
Hi, are you one of buyers?
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Yes I am.
icemanfx
post Oct 30 2016, 08:57 PM

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QUOTE(Irenehoo @ Oct 30 2016, 08:16 PM)
Yea, I also don understand why so many haters here.
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QUOTE(Irenehoo @ Oct 30 2016, 08:31 PM)
Yes I am.
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Why different in opinion has to be hater?

DS4
post Oct 30 2016, 10:36 PM

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QUOTE(aspartame @ Oct 30 2016, 06:07 PM)
You do understand that project cash flow has nothing to do with where it is located right?
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Of course, the cash flow is regardless of where it's located.
But don't forget it also reveals opportunities for third parties to be taken over.
If you are the potential investers who wish to salvage this project.
You really mind if it's located at Damansara or Bkt Tinggi right...
Nowadays, there are many many business model in the market and you hardly see a development project is being abandoned.

It's not like 5 or 10 years ago...

Minolta
post Oct 31 2016, 06:25 PM

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QUOTE(Irenehoo @ Oct 30 2016, 08:16 PM)
Yea, I also don understand why so many haters here.
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Not haters lah. More like concerned public. But you do seem overly optimistic in this case rclxms.gif
Irenehoo
post Oct 31 2016, 09:30 PM

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QUOTE(Minolta @ Oct 31 2016, 06:25 PM)
Not haters lah. More like concerned public. But you do seem overly optimistic in this case rclxms.gif
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Not overly optimistic. I just think this property is worth to invest now. The property already got CCC and i have viewed the property. It looks nice.
BEANCOUNTER
post Oct 31 2016, 11:23 PM

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QUOTE(Irenehoo @ Oct 31 2016, 09:30 PM)
Not overly optimistic. I just think this property is worth to invest now. The property already got CCC and i have viewed the property. It looks nice.
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Irene why need to strongly promoting this small studio unit here?

Wonder its better for the studio to continue slipping in price and u got to pick up more dead chicken if they are such a dark horse in yr book?
Irenehoo
post Oct 31 2016, 11:51 PM

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QUOTE(BEANCOUNTER @ Oct 31 2016, 11:23 PM)
Irene why need to strongly promoting this small studio unit here?

Wonder its better for the studio to continue slipping in price and u got to pick up more dead chicken if they are such a dark horse in yr book?
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I never thought of that. But to be honest I didn't mean to promote EC, I just want to express my opinion, but so many ppl shoot me so I shoot them back.
BEANCOUNTER
post Nov 1 2016, 12:13 AM

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QUOTE(Irenehoo @ Oct 31 2016, 11:51 PM)
I never thought of that. But to be honest I didn't mean to promote EC, I just want to express my opinion, but so many ppl shoot me so I shoot them back.
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Ok got you....

There are always two sides of coin......there is no right or wrong...

All the best to yr ec venture...
bb68
post Nov 1 2016, 12:21 PM

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Seriously, I dont see any significant progress at all. Have they stop building it?
FlamingFox
post Nov 1 2016, 01:12 PM

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QUOTE(bb68 @ Nov 1 2016, 12:21 PM)
Seriously, I dont see any significant progress at all. Have they stop building it?
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It appears so but I really hope it opens up anf flourish. Else, so much land was wasted for nothing.
kochin
post Nov 1 2016, 01:35 PM

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QUOTE(FlamingFox @ Nov 1 2016, 01:12 PM)
It appears so but I really hope it opens up anf flourish. Else, so much land was wasted for nothing.
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all projects would be completed eventually.
look at plaza rakyat, platinum a.k.a. maisson @ AD, etc.

just a matter of time.

currently, i think price is not attractive enough yet for white knights i guess.
propertybbb
post Nov 1 2016, 07:09 PM

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QUOTE(bb68 @ Nov 1 2016, 01:21 PM)
Seriously, I dont see any significant progress at all. Have they stop building it?
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The buildings already in advanced stage so..u wont see workers all runing around if u view from outside. It is slow.

This post has been edited by propertybbb: Nov 1 2016, 07:11 PM
Irenehoo
post Nov 1 2016, 07:34 PM

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QUOTE(bb68 @ Nov 1 2016, 12:21 PM)
Seriously, I dont see any significant progress at all. Have they stop building it?
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This is the picture i took this morning, the construction work is persisting.

This post has been edited by Irenehoo: Nov 1 2016, 07:39 PM


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bb68
post Nov 2 2016, 09:48 AM

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QUOTE(Irenehoo @ Nov 1 2016, 07:34 PM)
This is the picture i took this morning, the construction work is persisting.
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See the glass wall the remaining RC on the left of the photo? it has been months without progress...
kochin
post Nov 2 2016, 09:52 AM

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QUOTE(bb68 @ Nov 2 2016, 09:48 AM)
See the glass wall the remaining RC on the left of the photo? it has been months without progress...
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have to give credit where credit is due.

it is already an eye opener that mammoth manage to get EC up to where it is now on their own.

bear in mind that they are not public listed entities.
with borrowing from banks to fund the project.

if only they have plan it in phases instead of one go, it may be much more manageable.

anyway, that's history now.

it will be an awful waste to let it rot.

just that the later the project completes, the revival gets harder each day.
BEANCOUNTER
post Nov 2 2016, 10:16 AM

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from naked eyes.....I dun think the entire project is off quality built....pretty rough off the edges

not a civil engineer myself...just commented as layman.
bb68
post Nov 2 2016, 04:16 PM

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QUOTE(kochin @ Nov 2 2016, 09:52 AM)
have to give credit where credit is due.

it is already an eye opener that mammoth manage to get EC up to where it is now on their own.

bear in mind that they are not public listed entities.
with borrowing from banks to fund the project.

if only they have plan it in phases instead of one go, it may be much more manageable.

anyway, that's history now.

it will be an awful waste to let it rot.

just that the later the project completes, the revival gets harder each day.
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in Construction, once the work stopped the G&P cost will explode and money burnt each day. Mammoth has done all it can to get it going but fact tells that they failed. Revival by its own almost impossible.
ahkit123
post Nov 2 2016, 04:21 PM

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sad case

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