There are a lot better rumawip near to LRT/MRT

Vista Wirajaya
Vista Wirajaya 2
Apartmen Lili
Kepongmas
Enesta Jinjang
... and many more

i think this project pokai already, no use if it's near MRT while abandon on the first place.

do u have the previous snapshot of the project signboard? which stated all consultants and contractors details.

Fully sold also can pokai?

company cash flow issue is the main reason project being abandon, doesn't mean fully sold/booking cannot be abandoned. Cash can be diverted into company other operation expenses. Look at the progress, it's only 20% cash being disbursed to company as it's progressive billing. There were only few guys contractors at the site few days back.

Later launched project Kenwingston Avenue next door already VPed ... this project is in deep trouble ...

Heard... hear... angin saja... they used some proceeds to cover other projects.. hear only

their name is not very wangi in the industry. their site hasnt been working on full force for dont know how long... if they continue at this pace it will take another decade to finish

Look like site have progress already. Like building 4th level

after podium floor shall be safe

Looking at the speed of the project, think may take another 10 years to complete

Ha, Ha .

Are u sure "after podium floor shall be safe" ?

there are projects even completed close to 90% also abandoned.

Pity to the buyer. This project will takes atleast 10 year to complete, if the developer not run away.

HA HA

Do you know how is bridging loan?

Any updates?

for this project, the update forever will be got people spotted working on site. Got a few crane but forever no apparent progress. This has been the update ever since its lauching.

if you were to do the math, the only manage to buiild 1+ to max of 2 floors a year. Its going to take them another 25 years to complete this project. Once VP 25 years later, all owners can sell this at RM2mil in the future

I get what you try to joke.

But for these 1,100++ owners, they will try to kill you.
Because i heard even the project not finishing on time (pending is the LAD to be checked with developer).
Buyers still need to pay at least the interest depend on bank disburse amount.

But i doubt whether bank should also check the progress before they disburse the money.
I think each progress, developer would sent the architect cert to both buyers and bank....

Just sharing the hard truth. The site forever has cranes and a few workers here and there, yet the building doesn't seem to rise any higher. It is a blessing in disguise for the buyers too. Imagine after 50% or 70% completion only the construction get stuck, the pain will be like 5x worse than now.

This post has been edited by xlss: Sep 23 2021, 07:22 PM

I think the SPA got mention per annum 10 % LAD.
As long as it follow HDA rules...

In case delay ten years... the buyers can get the house free..
With the condition that the developer pay you.....

Rumawip oso can roll tenant so long ? Dafuq