Anyone mind to share the status of Axis Crown? VP-ed?
Investment Axis Ampang - Residence, SoHu, Crown, Atrium, progress pic first page as of March 09
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 Dec 22 2014, 10:13 PM
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#1
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Senior Member
3,835 posts Joined: May 2008 
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Jul 1 2015, 05:05 PM
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#2
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3,835 posts Joined: May 2008
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Is this Axis Crown under Scheduel H? Prior to 2008, many service apartment doesn't fall under Schedule H until MOH reinforce all service apartment required to comply with Schedule H.
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Jan 22 2016, 06:04 PM
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#3
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3,835 posts Joined: May 2008
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QUOTE(keneeth111 @ Dec 25 2015, 11:15 AM) Any progress for Axis Crown?? This Axis Crown is easily 5 years from the day it launched... if still no sign of VP With CF.... buyers should be very aware that the developer might be tempted to abscond...Is the construction work still in progress?? However, their shophouses project at Sitiawan partnering with Majlis Perbandaran Manjung was fully sold and successfully completed......... heard that they're launching their high-rise project at lumut soon............      |
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Sep 6 2016, 02:32 PM
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#4
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QUOTE(PMLoh @ Sep 6 2016, 02:30 PM) Dear all, Have you been to the place and what is the rational you want to buy the place?Kindly need your advise regarding Axis residence. I am planing to buy a unit for own stay but after read a lot of bad comment regarding incomplete project, water & electric supply, BM issues.... Is it still worth to buy for own stay?? Please advise. Thanks and appreciated. |
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Sep 6 2016, 02:43 PM
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#5
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QUOTE(PMLoh @ Sep 6 2016, 02:38 PM) Actually I always pass by the condo but never visit the place.. Recently I am looking for condo at Pandan Indah area for own stay with my family member... You should visit the place and only you can conclude whether the place is fit for your family own stay.... |
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Sep 6 2016, 03:11 PM
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#6
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QUOTE(PMLoh @ Sep 6 2016, 02:52 PM) Yup.. You are right.. Thanks..But I just want to know the situation now.. Is it still that worst?? Not sure about the maintenance whether it get worse or not but I am referring to the structural issue, build quality, the material used etc. |
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Dec 23 2016, 10:54 AM
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#7
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If JMB has a lot of unpaid debt and account payable, eventually they need to raise maintenance fee or one off cash call.
And if the building keep deteriorating, the sinking fund need to be sufficient to upgrade the condition of the building. Do ask for a copy of audited account before buying decision. You may get surprise at one lump sum cash call. Rental yield and CF are only a basic investment indicator especially buying subsale or old and rundown subsale. Do not be to fixated with it. The gurus out there just teach basic thing you need to look at as some need to wan sek by earning commission or finder fee. |
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May 15 2018, 11:39 PM
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#8
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Axis Crown already VP-ed?
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May 16 2018, 10:18 AM
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#9
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3,835 posts Joined: May 2008
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QUOTE(DesRed @ May 16 2018, 10:14 AM) Not yet. I only heard from my uncle that the JMB there managed to find someone to complete the Crown portion late last year. Not sure on the outcome of it. It is coming to 8 or 10 years? |
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