yea. see fb page macam abandoned.

my fren last time SA for this project, really sembang goreng for this project, last2 terbengkalai jugak. kesian jugak la, i heard its rizab melayu land or something, kena scam with penunggang most likely

Projek Sakit

Nice design tho

This post has been edited by blabla987: Mar 23 2023, 10:55 AM

Due to economics factor.

Lol, big difference of action between this buyers vs the Kuchai project

Boss, reading your 2 posts (BH & Awani) back to back above.

It seems, there is a pemilik project (photo signboard), pemaju project and a mentioned bank.

As claimed by pemaju, full completion is hampered by the non release of payment due for their stage(s) completed. Am sure a bank has its reasons and discretions on this.
It is worthwhile to know what are the 'frustrations' of dishonouring here. Was it, 1)pemaju did not fulfil its stage completion as claimed or 2)the bridging facility is deem 'frustrated' by the bank or 3) not made known and etc

You and me know very well, project "development and delivery" is all about loops of financing ie pemilik/bank/pemaju and pemilik/bank/pembeli

To pembeli, its surely and undeniable a frustration. Hope it ends well, everybody gets paid for delivering, gets their keys to their home

This post has been edited by jojolicia: Jul 23 2023, 08:49 PM

Project not yet completed can got lelong unit?
First lelong unit check in.
Something wrong.

rumah terbengkalai also got lelong. jokers

Who wanna buy if that project was terbengkalai

Interesting, I was told by my friend stay in gombak, the developer of this project GG already, and buyer received SMS said the construction is on hold

On hold means what?

Those who take LPPSA loan will need to make full payment even if abandoned

heard a rumor from a property friend that this project is officially abandoned by the developer.

Another friend of mine actually bought this and currently the monthly payment.

A question here is what can the buyers do in this kinda situation? Continue to pay the loan for 35 years or will other developers come in to takeover, but who's gonna come in to do free work?

Wait government appoint white knight to helping this project, otherwise all owner (fully sold is not it?) come out money to completed the project.

For a worst solution, if your friend still planning to buy house with loan, suggestion can get all those house loan & car loan immediately. After secure another house (subsale I believe he is forbidden to undercon already) for stay. Then can intentionally just stop paying this house interest until it revival (but of course please save the money for feature needed.

Think he mentioned he plans to talked to the financier on some sort of deferment because he is currently paying full installment
He mentioned salary was not high, car and house already maxed out DSR. Some more need to pay rent, really cham.

But why would a white night want to help this project if no money to be made though, unless gov subsidizes? doesn't seem like any action from the gov side yet...

Because this is rumahwip, not fully private, so government will still involved to help. Of couse white Knight will help even just breakeven cost, because you know wah, to get build new project approval, it's need to go through government department, so mingle good with government will never be a bad decision.

So now for this project official abandon, gather all the owner group, inquiry the lawyer and complain to government department + do something like protest or something to attract politicians attention and hope government can accelerate the process to help in this project. Good luck. Compare to fully private project has been abandon name kuchai east, this project have advantage to revive faster.

I thought LPPSA only has to start pay once the prop is in 95% stage?

I thought rumahwip is just a requirement imposed by the government for developers to build other things instead of government involving in the building process?