I heard from a property agent that EC mall can only be completed by end of next year, is it true? It looks like the progress is very very slow...
EMPIRE CITY @ Damansara Perdana/Mutiara Damansara, Version 2
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 Aug 4 2016, 09:59 PM
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#1
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94 posts Joined: Aug 2016 
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Sep 19 2016, 10:52 PM
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#2
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94 posts Joined: Aug 2016
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Everyday pass by EC, can't see any construction workers working, doubt whether it will be ready next year
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Sep 20 2016, 11:17 PM
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#3
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94 posts Joined: Aug 2016
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QUOTE(xtrabite @ Sep 20 2016, 11:15 PM) Is it worthy to rent a unit in empire city? Location worth the priceI was thinking of renting there, but i heard no swimming pool, no gym etc.. But the rental price is almost similar with nearby condominiums which have better facilities and fully equipped.  |
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Sep 26 2016, 12:59 PM
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#4
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94 posts Joined: Aug 2016
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QUOTE(aspartame @ Sep 25 2016, 12:47 PM) Call developer and update here. SOS Unit already completed. But not too sure on Myloft, Marriott Tower and Office Building. |
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Sep 27 2016, 07:51 PM
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#5
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QUOTE(HarpArtist @ Sep 27 2016, 05:19 PM) confirmed that no bank will finance? For your information, UOB HLBB CIMB Affinbank can finance but Ambank and PBB won't finance. |
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Sep 27 2016, 07:54 PM
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#6
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94 posts Joined: Aug 2016
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Just passed by empire city and this is the latest progress
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Sep 29 2016, 04:27 PM
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#7
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94 posts Joined: Aug 2016
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QUOTE(Minolta @ Sep 27 2016, 08:26 PM) CIMB no more finance liau How u know that? |
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Sep 29 2016, 07:20 PM
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#8
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94 posts Joined: Aug 2016
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Anyone notice the selling price has dropped quite significantly? MYEG is purchasing additional 7 stories office in empire city this september and I heard Mayland is going to build a luxury condominium next to/ opposite to empire city and the condominium will use country height address. It seems like Empire city has great potential. Any comments?
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Sep 30 2016, 06:36 PM
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#9
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94 posts Joined: Aug 2016
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QUOTE(christopher_1437 @ Sep 30 2016, 04:08 PM) My unit is soho office duplex. 8% loan interest? Are u kidding? That's horrible! I thought last time was BLR 6.5% - x%? How could this come up to 8%? Developer should pay u 8% interest as LAD right?i had received my VP letter from since August. Got the reply this few days. LAD will be offered with 12 months installments payment method. the CCC is targeting on first Quarter of 2017. Meaning to say i got to service the Bank loan start from OCT 2016 but without the possibility to stay. Just check with my Bank also, Empire also late payment for 3 months, due to outstanding payment, the interest rate is increase from 6.5% to 8 %. it also affected my loan application for my second property. Seriously we really need to have a committee to solve this matter. seeking help whether any formed committee or group with this project now? how about others buyers? |
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Oct 1 2016, 01:55 PM
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#10
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94 posts Joined: Aug 2016
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QUOTE(lionelmessi88 @ Oct 1 2016, 01:25 PM) Initiate legal action? Just refer to the Sale and Purchase Agreement and look for LAD clause.How's the legal fees like? Would it end up higher than the LAD? Is there any law on LAD in Malaysia on how it should be pay out? |
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Oct 1 2016, 01:59 PM
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#11
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Junior Member
94 posts Joined: Aug 2016
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Just passed by and take photos from another direction.
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Oct 1 2016, 02:02 PM
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#12
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94 posts Joined: Aug 2016
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Anyone knows what's that brown color building? Office? Soho? Hotel?
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Oct 1 2016, 06:12 PM
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#13
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Junior Member
94 posts Joined: Aug 2016
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QUOTE(lionelmessi88 @ Oct 1 2016, 02:04 PM) No such details of how should the LAD being pay out and in how many installments in S&P In that case means the Developer can pay LAD by instalment and the Developer is not in breach of the S&P lo. |
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Oct 9 2016, 12:42 AM
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#14
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94 posts Joined: Aug 2016
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QUOTE(wl_n @ Oct 8 2016, 01:28 PM) 10k/month interest? in rupiah? The purchase price of landed property at empire residence starts from 2mil. |
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Oct 10 2016, 01:19 PM
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#15
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94 posts Joined: Aug 2016
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They have already vacated few blocks to property owners, but the shopping mall, hotel and their office building seems like no progress at all...
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Oct 10 2016, 01:26 PM
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#16
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Junior Member
94 posts Joined: Aug 2016
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Just checked on iproperty website, there are quite a few owners willing to let go at RM300k.
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Oct 10 2016, 02:10 PM
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#17
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94 posts Joined: Aug 2016
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QUOTE(aspartame @ Oct 10 2016, 02:03 PM) Willing to or dying to? Isn't this a good timing to buy? The price is much more lower than the other surrounding studio units. |
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Oct 10 2016, 05:47 PM
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#18
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94 posts Joined: Aug 2016
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QUOTE(C&D @ Oct 10 2016, 04:19 PM) More like dying to...but we do symphatise the buyers... Dying to sell because some default on bank instalment and they need to pay high interest as a result of their default, some because they are holding too many properties?? |
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Oct 10 2016, 11:57 PM
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#19
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Junior Member
94 posts Joined: Aug 2016
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QUOTE(christopher_1437 @ Oct 10 2016, 06:36 PM) Yeah the interest is raised now. I have spoken to Banker, they can justify for us for the interest rate. CCC already approved for Myloft, Sunday, Halo right? But most importantly is the CCC of the tower. no point issue VP to buyer when the CCC is not even approved. Anyone knows besides these 3 towers which building got CCC? |
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Oct 11 2016, 12:01 AM
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#20
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94 posts Joined: Aug 2016
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QUOTE(BEANCOUNTER @ Oct 10 2016, 08:43 PM) Unless cash buyers.... I know PBB, Ambank cannot, I call mortgage loan officer from Affin Bank, UOB, HLBB, CIMB they all say can finance, some bank can even finance up to 90%.Fewer banks will loan you for subsale of EC |
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