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> RITZ COMMUNITIES @ SALAK SOUTH [RUMAWIP], An Attainable Dream Home Investment

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robinloh21
post Apr 19 2017, 09:32 PM

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QUOTE(warrenbuffett @ Apr 19 2017, 10:03 PM)
Your news from agent? Or dbkl officer ?
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From agent .
warrenbuffett
post Apr 19 2017, 10:01 PM

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Oh, money hard to earn nowadays =(

QUOTE(robinloh21 @ Apr 19 2017, 09:32 PM)
From agent .
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jamesmay1990
post Apr 20 2017, 01:03 AM

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QUOTE(Secret Teller @ Apr 19 2017, 11:40 AM)
This developer credibility is doubt-able.  BEWARE
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it is indeed questionable. Should avoid at all costs
warrenbuffett
post Apr 20 2017, 08:15 AM

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Why why why?? What wrong with poly Ritz?
QUOTE(jamesmay1990 @ Apr 20 2017, 01:03 AM)
it is indeed questionable. Should avoid at all costs
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robinloh21
post Apr 20 2017, 03:00 PM

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https://www.google.com.my/amp/s/vulcanpost....ams-beware/amp/

Is it safe to put booking money to law firm ?
warrenbuffett
post Apr 20 2017, 03:45 PM

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RIP.

mega_shok.gif

QUOTE(robinloh21 @ Apr 20 2017, 03:00 PM)
https://www.google.com.my/amp/s/vulcanpost....ams-beware/amp/

Is it safe to put booking money to law firm ?
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jamesmay1990
post Apr 20 2017, 04:08 PM

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QUOTE(warrenbuffett @ Apr 20 2017, 08:15 AM)
Why why why?? What wrong with poly Ritz?
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Cant comment much, but exercise extra caution and do proper due diligence before committing to any new developer...especially those contractor turned developer company
warrenbuffett
post Apr 20 2017, 04:32 PM

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They built bangalow in Kota Kemuning. didn't abandon. xD



QUOTE(jamesmay1990 @ Apr 20 2017, 04:08 PM)
Cant comment much, but exercise extra caution and do proper due diligence before committing to any new developer...especially those contractor turned developer company
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This post has been edited by warrenbuffett: Apr 20 2017, 07:22 PM
hoeyien
post Apr 20 2017, 05:02 PM

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QUOTE(warrenbuffett @ Apr 20 2017, 04:32 PM)
They built bangalow in cyberjaya. didn't abandon. xD
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According to their website, they have completed 3 projects so far. smile.gif
jamesmay1990
post Apr 20 2017, 06:37 PM

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QUOTE(warrenbuffett @ Apr 20 2017, 04:32 PM)
They built bangalow in cyberjaya. didn't abandon. xD
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it's at KK, not cyber =)

Better check with those who are in the industry to know the developer better. Risky project, never know how much is their debt & cash
warrenbuffett
post Apr 20 2017, 07:22 PM

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Oh yaya, sorry, it's Kota Kemuning...but still a completed project.

So many sifu in Lowyat forum but nobody willing to tell the truth.

btw, agents are promoting heavily on this project rclxub.gif

QUOTE(jamesmay1990 @ Apr 20 2017, 06:37 PM)
it's at KK, not cyber =)

Better check with those who are in the industry to know the developer better. Risky project, never know how much is their debt & cash
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This post has been edited by warrenbuffett: Apr 20 2017, 07:23 PM
Cloud2322
post Apr 20 2017, 08:32 PM

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Any news regarding on this developer?
robinloh21
post Apr 20 2017, 08:36 PM

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Another point to consider is that developer never build any high rise before . And we are talking about 40 plus level .
rainney
post Apr 21 2017, 10:48 PM

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QUOTE(warrenbuffett @ Apr 21 2017, 10:19 PM)
Hi Mr.agent, can you tell us more about this developer?
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A joint venture between local developer, PolyRitz Development and China’s Foshan developer, DeBao Property Development Ltd

Google both developer, you will get the detail.
rainney
post Apr 21 2017, 10:57 PM

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http://www.thestar.com.my/business/busines...in-the-country/
rainney
post Apr 21 2017, 11:02 PM

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QUOTE(robinloh21 @ Apr 20 2017, 08:36 PM)
Another point to consider is that developer never build any high rise before . And we are talking about 40 plus level .
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The local developer not have experience on high rise buildings. But the china developer did. You will shock by CHINA POWER nowadays.
jamesmay1990
post Apr 21 2017, 11:42 PM

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QUOTE(rainney @ Apr 21 2017, 11:02 PM)
The local developer not have experience on high rise buildings. But the china developer did. You will shock by CHINA POWER nowadays.
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are they the first WIP developer that needs JV? if you are in the industry you would have know how much they have "invested" in failed projects that never takes off and how indebted they are doh.gif mega_shok.gif
SUSalexcky
post Apr 23 2017, 05:38 PM

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Agent ask for deposit of 5% or 15k,is this normal practice?
warrenbuffett
post Apr 25 2017, 06:28 PM

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For chinese readers :

http://www.enanyang.my/news/20170425/%E8%A...BA%BA%E8%B4%AD/
robinloh21
post Apr 25 2017, 06:36 PM

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Anymore info anyone can contribute ? Just want to make sure hard earn money is in safe hand to get a house to live

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