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Investment RYAN & MIHO @ SECTION 13 PJ [OWNERS' THREAD], When A Boy Fell In Love With A Girl

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George Ry
post Mar 12 2018, 11:37 AM

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QUOTE(westthen @ Mar 12 2018, 11:19 AM)
those that say they dun change masterplan please have a look at their Cyberjaya job....or join their FB group..you'll be suprised on this...
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Masterplan is different from the legally binding commitments to the purchasers which are stated in the SPA. The word 'plan' itself indicate something that may/may not happen in the future.

I believe developers themselves cannot simply change their masterplan without getting approval from local authorities. The only thing that buyers can do is to make their own judgement on whether the masterplan seems viable or not
George Ry
post Mar 12 2018, 02:26 PM

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QUOTE(BEANCOUNTER @ Mar 12 2018, 01:27 PM)
have any buyers even seen the masterplan they submitted to authority?

what we see only papermade models all the time.......getting approval from authority isn't that hard either.....if you know the way and who you are.
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My point is to understand the risk of masterplans (may change in the future) and make an informed purchase
George Ry
post Mar 12 2018, 03:01 PM

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QUOTE(BEANCOUNTER @ Mar 12 2018, 02:54 PM)
Informed purchase better wait til apartnents have fully completes baru beli.

U buy of plan......there are huge risk and uncertainty. Tis is not develpped countries.
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Exactly, purchasers must understand that when they buy an under construction property, it comes with the risk and uncertainty. So need to inform themselves of the risk and uncertainties involved

 

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