Nth new. Don't need an insider info to figure that out

Lol at least more concrete info than speculating la. Unless someone already mentioned a reliable source earlier.

Newspaper already said previously

Speculation like in who is MO1 kinda speculation? Which everyone seems to know who it is except the MO1 him/herself?

Ahh didn't realise that. Is there an online news article as well?

Lol with all evidences available only the MO1 still think it's speculation. Along with his pet dogs.

From.yr reliable source...did empire manage to pay workers salaries?

Acording to yoru all info its only half right lah

If you noticed, there are not many workers on site to be paid lol

Sorry i meant office or off site employees...

Please do share the other half right answer.
Thank you

I think one thing no one can deny, except if he is MO no. X, is that the company is in serious financial trouble.

What no one seems to know is if he is gonna be declared bankrupt. If that happens, anyone and everyone with a hand in empire gonna jialat.

The sheer number of speculators who invested in his completed and undercompletion props are gonna suffer. And some may end up bankrupt too.

And the number of NPL's gonna spike up

Do not look up anymore and its almost stop WIP. We look at ground and looking forward to partially openning of F&B by end of this year and completion of all the access roads and sufficient parking space.

Hahahaha


They still serve the interest and some worker is still moving in the remis site.

Called them they admit is very slow due to not enough workmanship, aiyah for whatever reason they still paying the interest. delay at remix is for sure hope no abandon lo.

Meh could be the tipping point for kv property market. The ripple effect will be felt wider than most expected.

Since ed ccc, no subsale vendor has reported unable to sell or transact his unit implying all is well and smooth.

Except those f&b owned by the mall owner, doubt many will open in a partially completed mall.

Delay mean buyers can expect lad payout

My personal view on ec..
I think ec is in too advance stge to be abandon now. Even if empire declared bankrupt, other developer will be too happy to take over the job and completed it...
Delay is evitable.

Beside empire still have 60acres in ec2. They still can sell the land and complete ec1.

Buyer now think of LAD ???? this issue belakang cerita now wait to complete first lor

How is it a tipping point? NPV might not increase much because buyers have to pay and will pay unless really unable to. If EC abandoned, it means supply reduced which actually is good for the market!

Yeah, a friend of mine dealing business with them too before that, they cant pay my friend and they give the units to my friend as payment. Now my friend holding some units and cant sell it.

The tipping point is if ec is abandoned, available units in the neighborhood will be uuu. By the time ec is completed, investors would have avoided current soft market and npv will be substantially higher.