EMPIRE CITY @ Damansara Perdana/Mutiara Damansara, Version 2
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 Aug 8 2016, 02:12 PM
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Senior Member
3,165 posts Joined: Feb 2015 
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QUOTE(icemanfx @ Aug 8 2016, 01:48 PM) Was your sand supplier friend offered contra units? If offered and taken, his profit from contra units could be more than sand contract. yes, plus got LAD, quite lucrative |
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Aug 8 2016, 02:50 PM
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All Stars
21,458 posts Joined: Jul 2012 
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QUOTE(aspartame @ Aug 8 2016, 02:12 PM) yes, plus got LAD, quite lucrative Happy ending for all, can't complain. |
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Aug 8 2016, 03:23 PM
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Senior Member
517 posts Joined: Jul 2015
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QUOTE(icemanfx @ Aug 8 2016, 01:48 PM) Was your sand supplier friend offered contra units? If offered and taken, his profit from contra units could be more than sand contract. Nope. No contra with unit. Until today still unpaid.Another case this coy supplied goods to another coy which supplied to ER. Contra 2 units all the way (4 parties) but I feel pity for the one who will end up with units. Contra full amount (2 units) but unit still no where to be seen. |
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Aug 8 2016, 04:52 PM
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All Stars
21,458 posts Joined: Jul 2012
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QUOTE(Megatron1234 @ Aug 8 2016, 03:23 PM) Nope. No contra with unit. Until today still unpaid. Mean er is built with little cash from the developer, meh must be very cash rich.Another case this coy supplied goods to another coy which supplied to ER. Contra 2 units all the way (4 parties) but I feel pity for the one who will end up with units. Contra full amount (2 units) but unit still no where to be seen. |
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Aug 8 2016, 05:44 PM
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Senior Member
3,165 posts Joined: Feb 2015
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QUOTE(icemanfx @ Aug 8 2016, 04:52 PM) Mean er is built with little cash from the developer, meh must be very cash rich. Top 10. |
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Aug 8 2016, 06:13 PM
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Senior Member
718 posts Joined: Oct 2013
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QUOTE(Megatron1234 @ Aug 8 2016, 03:23 PM) Nope. No contra with unit. Until today still unpaid. Can't believe that ER being the developer engage directly with sand supplier. Dont they appoint a main contractor to carry out the construction works?Another case this coy supplied goods to another coy which supplied to ER. Contra 2 units all the way (4 parties) but I feel pity for the one who will end up with units. Contra full amount (2 units) but unit still no where to be seen. |
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Aug 8 2016, 07:20 PM
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Senior Member
3,838 posts Joined: Sep 2013
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QUOTE(bb68 @ Aug 8 2016, 06:13 PM) Can't believe that ER being the developer engage directly with sand supplier. Dont they appoint a main contractor to carry out the construction works? u mus understand how meh works. everything is cutting edge way of cutting cost. all inhouse from design, architect to guards, lorries. |
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Aug 8 2016, 09:23 PM
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Senior Member
1,678 posts Joined: Mar 2016
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QUOTE(icemanfx @ Aug 8 2016, 04:52 PM) Mean er is built with little cash from the developer, meh must be very cash rich. Must b... ... |
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Aug 9 2016, 12:10 AM
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Senior Member
1,780 posts Joined: Jul 2008
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MEH boss got many super luxury car, every time see him drive different car in empire subang
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Aug 9 2016, 11:29 AM
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Junior Member
217 posts Joined: Aug 2010
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QUOTE(Donald Trump @ Aug 8 2016, 11:18 AM) agents offer us few units cost price for first 2 phase.....we counter offer half price.....cos the risk of house faling down is very realistically possible dont think purchaser will sell at half price as they make a 50% loss  ...sumore need to pay installment even after sold the units....purchasers would rather hold and continue their bets  |
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Aug 10 2016, 11:32 AM
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All Stars
21,458 posts Joined: Jul 2012
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QUOTE(mister_giam @ Aug 9 2016, 11:29 AM) dont think purchaser will sell at half price as they make a 50% loss Overstretched vendor may cut loss at outstanding loan amount, any amount lower only likely through involuntary foreclosure. ...sumore need to pay installment even after sold the units....purchasers would rather hold and continue their bets |
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Aug 10 2016, 12:24 PM
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Junior Member
138 posts Joined: May 2015
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QUOTE(icemanfx @ Aug 10 2016, 11:32 AM) Overstretched vendor may cut loss at outstanding loan amount, any amount lower only likely through involuntary foreclosure. Are you hoping that to happen? |
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Aug 10 2016, 12:32 PM
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All Stars
21,458 posts Joined: Jul 2012
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QUOTE(Suarez23 @ Aug 10 2016, 12:24 PM) Are you hoping that to happen? Whether will happen or not, will know in about this time next year. |
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Aug 10 2016, 05:00 PM
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Senior Member
718 posts Joined: Oct 2013
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Who is the registered Developer for this project? MEH? or Sdn Bhd?
This post has been edited by bb68: Aug 10 2016, 05:01 PM |
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Aug 10 2016, 11:04 PM
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Senior Member
1,124 posts Joined: Jan 2003
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QUOTE(bb68 @ Aug 10 2016, 05:00 PM) Who is the registered Developer for this project? MEH? or Sdn Bhd? by Cosmopolitan Avenue .... |
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Aug 11 2016, 10:01 AM
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Senior Member
718 posts Joined: Oct 2013
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QUOTE(Giant @ Aug 10 2016, 11:04 PM) by Cosmopolitan Avenue .... Then the risk is high. MEH can get away from it should the very worst happen...  |
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Aug 13 2016, 09:24 PM
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Junior Member
33 posts Joined: Mar 2016
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any news for empire city? when available?
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Aug 13 2016, 11:41 PM
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All Stars
21,458 posts Joined: Jul 2012
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QUOTE(ken12345 @ Aug 13 2016, 09:24 PM) any news for empire city? when available? Where have you been? A few towers vp. You can only buy from subsale at premium price. |
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Aug 14 2016, 09:57 AM
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Junior Member
17 posts Joined: Jun 2014
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http://www.theedgeproperty.com.my/content/...ery-right-price
seems like mammoth is facing serious cash flow problem now to the extent of selling off their subang mall. |
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Aug 14 2016, 10:05 AM
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Senior Member
3,165 posts Joined: Feb 2015
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QUOTE(ABS2014 @ Aug 14 2016, 09:57 AM) http://www.theedgeproperty.com.my/content/...ery-right-price You like history?seems like mammoth is facing serious cash flow problem now to the extent of selling off their subang mall. |
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