Welcome Guest ( Log In | Register )

12 Pages « < 2 3 4 5 6 > » Bottom

Outline · [ Standard ] · Linear+

 Rampai Court Land Grab, Redeveloping Rampai Court

views
     
TSRampai Court Resident
post Mar 4 2018, 08:24 AM

Getting Started
**
Junior Member
166 posts

Joined: Feb 2018
we should not prevent desperate owners of neglected units to sell off to developers for rm350k if they like,but it has nothing to do with the rest who choose to keep the place to stay or invest.
There will be a future boom of unaffordable flats and condos in Sri Rampai and no problem seeking tenants in the forseeable future because of other unaffordable redevelopments in the area.
Even if proposals from developers are studied,the correct thing to do is first to conduct a written survey to determine how many owners wish to sell,redevelop etc.
rclxms.gif icon_rolleyes.gif

This post has been edited by Rampai Court Resident: Mar 4 2018, 09:01 AM
TSRampai Court Resident
post Mar 4 2018, 10:48 AM

Getting Started
**
Junior Member
166 posts

Joined: Feb 2018
Latest news is that even alternative proposals from other developers
have been blocked from further discussion as if the MCA offer is a done deal and KAUTIM by representative of the management.
The same monkey is telling unit owners that their land is only worth rm280 K per owner and that the rm350k is a gift from heaven.
Obviously they are trying to push the MCA deal quietly just like phase 1 convincing 80 % of consenters to push out those who object.
But remember that no redevelopment can take place unless 100 % of the strata titles are surrendered.
we pay management to look after the premises not spend their time acting as brokers to sell our home and land.Dont get cheated by SNAKES and crooks! Its like Pagar Makan Padi.Dont forget to get rid of the SNAKES.
Initially the MCA deal was supposed to be P & C until an honest committee member exposed it,as though we are doing Umno business with OSA and whistle blowers discouraged.
rclxm9.gif

This post has been edited by Rampai Court Resident: Mar 4 2018, 11:56 AM
tikusniaga
post Mar 4 2018, 02:12 PM

Look at all my stars!!
*******
Senior Member
2,020 posts

Joined: Oct 2006
QUOTE(Rampai Court Resident @ Mar 4 2018, 10:48 AM)
Latest news is that even alternative proposals from other developers
have been blocked from further discussion as if the MCA offer is a done deal and KAUTIM by representative of the management.
The same monkey is telling unit owners that their land is only worth rm280 K per owner and that the rm350k is a gift from heaven.
Obviously they are trying to push the MCA deal quietly just like phase 1 convincing 80 % of consenters to push out those who object.
But remember that no redevelopment can take place unless 100 % of the strata titles are surrendered.
we pay management to look after the premises not spend their time acting as brokers to sell our home and land.Dont get cheated by SNAKES and crooks! Its like Pagar Makan Padi.Dont forget to get rid of the SNAKES.
Initially the MCA deal was supposed to be P & C until an honest committee member exposed it,as though we are doing Umno business with OSA and whistle blowers discouraged.
rclxm9.gif
*
Make a complain to MACC. These SNAKES must be arrested.
TSRampai Court Resident
post Mar 5 2018, 04:21 PM

Getting Started
**
Junior Member
166 posts

Joined: Feb 2018
blush.gif

This post has been edited by Rampai Court Resident: Mar 5 2018, 04:24 PM
TSRampai Court Resident
post Mar 5 2018, 04:22 PM

Getting Started
**
Junior Member
166 posts

Joined: Feb 2018
Spare a thought for the few remaining old ladies holding out against the Developer and their selfish neighbours in Rampai Court Phase 1.They are senior citizens who bought their homes here more than 30 years ago and know very well that there is no better place for them to stay even with the meagre and inadequate compensation of rm400k offered by the slimy Developer.
The owners of Phase 1 know that they are getting units worth at least 500k in future in a swap but are nonchalant when the old ladies are being shortchanged.The developer is using the greedy 90% promised a future unit to bully the old ladies and it would be poetic justice if the unscrupulous and unethical developer absconds in the future and take these selfish and ignorant people for a ride.
No one is speaking out for the brave little old ladies who refuse to give up their legit homes they invested in 30 years ago just to allow people to make more money and they are treated like squatters.No one in the media highlights their plight!
Make sure you put a caveat on the master tile if all the strata titles are eventually amalgamated,otherwise a crooked developer can just sell off the title or borrow money from the title as collateral and abscond.
but for everyone out there DO A VALUATION OF YOUR PROPERTY BEFORE SELLING IT,and do business with only reputable DEVELOPERS and REPUTABLE LAWYERS AND AGENTS,because they wont abscond and can be sued!
People thrive in Malaysia because of the Greater Fool Theory because there's one born every minute and people never learn or learn from past mistakes as seen in so many cheating cases and Ponzi schemes and MLM schemes. Moreover allowing monkeys to transact a rm 250 million deal! mad.gif

This post has been edited by Rampai Court Resident: Mar 5 2018, 04:30 PM
deviloeg
post Mar 5 2018, 05:15 PM

New Member
*
Newbie
12 posts

Joined: Sep 2010


QUOTE(Rampai Court Resident @ Mar 5 2018, 04:22 PM)
Spare a thought for the few remaining old ladies holding out against the Developer and their selfish neighbours in Rampai Court Phase 1.They are senior citizens who bought their homes here more than 30 years ago and know very well that there is no better place for them to stay even with the meagre and inadequate compensation of rm400k offered by the slimy Developer.
The owners of Phase 1 know that they are getting units worth at least 500k in future in a swap but are nonchalant when the old ladies are being shortchanged.The developer is using the greedy 90% promised a future unit to bully the old ladies and it would be poetic justice if the unscrupulous and unethical developer absconds in the future and take these selfish and ignorant people for a ride.
No one is speaking out for the brave little old ladies who refuse to give up their legit homes they invested in 30 years ago just to allow people to make more money and they are treated like squatters.No one in the media highlights their plight!
Make sure you put a caveat on the master tile if all the strata titles are eventually amalgamated,otherwise a crooked developer can just sell off the title or borrow money from the title as collateral and abscond. 
but for everyone out there DO A VALUATION OF YOUR PROPERTY BEFORE SELLING IT,and do business with only reputable DEVELOPERS  and REPUTABLE LAWYERS AND AGENTS,because they wont abscond and can be sued! 
People thrive in Malaysia because of the Greater Fool Theory because there's one born every minute and people never learn or learn from past mistakes as seen in so many cheating cases and Ponzi schemes and MLM schemes. Moreover allowing monkeys to transact a rm 250 million deal! mad.gif
*
Please do attend the meeting this weekend, i am ready for it but we need ppl like you to voice out questions and objections during the meeting.

Indeed, i do do heard ppl saying the current management is eating our own money from every repairs and jobs done.
thats is why a 30 over years old apartment is running out of money now.

LET GO! flex.gif
TSRampai Court Resident
post Mar 5 2018, 07:16 PM

Getting Started
**
Junior Member
166 posts

Joined: Feb 2018
QUOTE(deviloeg @ Mar 5 2018, 05:15 PM)
Please do attend the meeting this weekend, i am ready for it but we need ppl like you to voice out questions and objections during the meeting.

Indeed, i do do heard ppl saying the current management is eating our own money from every repairs and jobs done.
thats is why a 30 over years old apartment is running out of money now.

LET GO! flex.gif
*
I dont agree with you on that.The money involved is simply too small to justify the
trouble.Most of the money not well spent is caused by simple stupidity and ignorance
because of a lack of technical knowledge as compared to previous officers who knew their job very well
and were skilled and experienced enough to know how to solve technical problems without wasting money.An old house like an old car is expensive to maintain.
What is more irritating is employing incompetent people who spend our time doing their own business like selling our land instead of keeping the place in good shape and the people happy instead of neglecting the place and allowing the place to look like a slum and dumping ground with broken hardscape and mutilated plants.
Since there are people in charge thinking that the place ought to be abandoned and sold off,lets get rid of them and try out PROFESSIONAL MANAGEMENT and draw on their experience and shared resources for the remaining life of the scheme.
Whatever happens,dont depend on me,learn from this post and share the knowledge.Talk is cheap because at the end of the day you must know your rights as a unit holder and exercise that power as in Phase 1 and try to educate the ignorant and unthinking ones who are easily conned.rclxs0.gif

This post has been edited by Rampai Court Resident: Mar 6 2018, 12:53 PM
TSRampai Court Resident
post Mar 7 2018, 06:58 PM

Getting Started
**
Junior Member
166 posts

Joined: Feb 2018
https://www.thestar.com.my/metro/metro-news...ty-water-tanks/

One of the main problems facing buildings more than 20 years old.
But it is not the end of the world. smile.gif

This post has been edited by Rampai Court Resident: Mar 7 2018, 06:58 PM
TSRampai Court Resident
post Mar 7 2018, 08:12 PM

Getting Started
**
Junior Member
166 posts

Joined: Feb 2018
"Hi, My family owns a unit in RCP2 Block A.

I attended the recent EGM on regards of increasing maintenance fee and redevelopment,
And while I agreed for redevelopment, I cant help but feel the results are bias towards a developer.'

The deal in phase 1 which is about 70-80 % done is that all unit holders well be compensated in future with a 1200 fs unit in future after they surrender their strata titles to the Developer. The catch is that these suckers must draw lots for their units whilst outsiders get to choose,IF the project is ever completed.
I would prefered to have the Developer pay me cash of about rm600 to 700k and then buy a unit of MY choice in future based on stage payments under the HDA s & p.This can be done by selling land outright instead of swapping units,any estate agent can arrange this.I can also use the money to buy houses elsewhere of my choice.
See how foolish people can be and make foolish choices if they are not properly advised.
Say no to JV Developers with promises and say yes to zero risk CASH IS KING. rclxm9.gif

This post has been edited by Rampai Court Resident: Mar 7 2018, 08:16 PM
TSRampai Court Resident
post Mar 8 2018, 07:55 PM

Getting Started
**
Junior Member
166 posts

Joined: Feb 2018
A final reminder to Rampai Court Phase 2 residents
on the AGM 3.00 pm this Sunday :

Rumours are that the main culprit behind the hush hush land sale has several units and does not stay here,and is acting on personal interests.
Dont get fooled by Legal Talk about 80 %majority rules etc like in Wangsa Maju Phase 2 which failed,even Rampai Court Phase 1,Desa Kudalari or Raintree Club have failed,except Trader's Square which involved a row of shops.We can always consult other lawyers.The National Land Code says very clearly that redevelopment can only take place with 100% consent of strata holders,except say,Ampang Park or the Jalan Sultan compulsory acquisition for a Public Purpose such as public transport.
Just get rid of the big snake trying to con us for his selfish interests as well as several little snakes and monkeys supporting him claiming the place is condemned and unsafe to stay in and we must make way for progress.
Then we can conduct a survey what the residents really want and also conduct whatever land sales we desire professionally with whoever we select or can be trusted in future. rclxms.gif

This post has been edited by Rampai Court Resident: Mar 9 2018, 08:58 AM
TSRampai Court Resident
post Mar 9 2018, 12:30 AM

Getting Started
**
Junior Member
166 posts

Joined: Feb 2018
Owners of Rampai Court Phase 2 apartments please take note :

Continuous news of the land being the target of takeovers is not good news that can bring up the selling price of the old apartments.
This can be because :
1) Most investors after following news of developments and failures of acquisition of Wangsa Maju Phase 2,RCP 1,Desa Kudalari or Raintree Club realise that to get 100 % of owners to agree to sell their titles will be a very long process,maybe when the buildings start to crumble in 10-15 years.Investors will not park their money waiting for 10-15 years.
2) There are high percentages of people preferring to stay put and those who have spent a lot of money renovating their units for rental and unable even to recoup even costs after renovations
3) The dozens or so of units difficult to sell are mainly old units where the walls have not been repainted,plumbing changed or flooring changed.They are unrentable.Potential investors will not buy these units and renovate them to rent out if they think that the scheme will be sold to be redeveloped and they might stand to lose money after buying and renovating the old apartments.Continuing news about takeovers will cause all these unrenovated units to further fall in value with no one renting them because of their poor condition.
So think again if you think that rumours about land grabs can bring up property values,the opposite may be the result.It is foolish to bring down deliberately property prices and be a nuisance to others who value the place.
But the sad truth is that the land will have to be redeveloped in 10-15 years time if the buildings are no longer fit for habitation. : confused.gif

This post has been edited by Rampai Court Resident: Mar 9 2018, 07:04 AM
TSRampai Court Resident
post Mar 9 2018, 09:22 AM

Getting Started
**
Junior Member
166 posts

Joined: Feb 2018
Good news,I heard that after CNY they appointed a new management in Rampai Court phase 1 (Blocks A,B,C) and the first thing they did was cancel the agreement with the slimy redevelopment JV developer!
Lets all learn from the past stupidity of Phase 1 and do the necessary.
Trust only professionals with liability to handle management and procurement and protect yourself by knowing land laws and doing everything in an open and transparent manner clear of hush hush hanky panky.
If in doubt,get free advice which can be counter checked by pros, we have enough conmen already with their Ponzi and MLM schemes.Dont deal with or trust the evil developers with no social responsibility out only to exploit ignorant people! icon_rolleyes.gif thumbsup.gif thumbsup.gif thumbsup.gif icon_rolleyes.gif rclxm9.gif rclxm9.gif rclxm9.gif rclxms.gif :
Next to save Phase 2.
Can someone confirm the recent news on Phase 1? bye.gif

This post has been edited by Rampai Court Resident: Mar 10 2018, 07:24 AM
deviloeg
post Mar 9 2018, 10:39 AM

New Member
*
Newbie
12 posts

Joined: Sep 2010


not much people noticing this post until today. so lets see what happen this sunday

cyw82
post Mar 9 2018, 03:16 PM

New Member
*
Newbie
2 posts

Joined: Oct 2012
I'm one of the RCP2 owner and thanks for the valuable info.

I do have some questions and doubts and hopefully someone can help address them since I no longer stay there.

1. How much does this JV developer plan to compensate each owner per unit?
2. Who is this "snake" that is lurking around? Is he/she the president of our management?
3. What is the real purpose of the coming AGM?
4. In layman term, how much in compensation is considered logical in the event of a takeover?

Cheers!
TSRampai Court Resident
post Mar 9 2018, 03:23 PM

Getting Started
**
Junior Member
166 posts

Joined: Feb 2018
1. How much does this JV developer plan to compensate each owner per unit?
2. Who is this "snake" that is lurking around? Is he/she the president of our management?
3. What is the real purpose of the coming AGM?
4. In layman term, how much in compensation is considered logical in the event of a takeover?


1.Under negotiation if we allow it,but as cheap as possible.
2.A snake that can bite you
3.to select a new Resident Committee and to give a mandate to the committee to negotiate with developers on our behalf.
4.To answer that question read the discussion from the top and digest the details as figures have been quoted for people to evaluate their choices.For those who intend to stay,the sky is the limit. There is no answer yet because as explained again and again no valuation of the land and buildings have been carried out yet and no competitive bidding carried out to secure best price.
As proved in all other cases no takeover can succeed without the consent of 100 % of the unit holders.The more there are discussions about takeovers,the more uncertainty and less people will buy the apartments and their prices will drop drastically and remain unsold and not rented out.
bangwall.gif

This post has been edited by Rampai Court Resident: Mar 10 2018, 12:43 PM
tikusniaga
post Mar 10 2018, 04:23 PM

Look at all my stars!!
*******
Senior Member
2,020 posts

Joined: Oct 2006
QUOTE(Rampai Court Resident @ Mar 9 2018, 03:23 PM)
1. How much does this JV developer plan to compensate each owner per unit?
2. Who is this "snake" that is lurking around? Is he/she the president of our management?
3. What is the real purpose of the coming AGM?
4. In layman term, how much in compensation is considered logical in the event of a takeover?
1.Under negotiation if we allow it,but as cheap as possible.
2.A snake that can bite you
3.to select a new Resident Committee and to give a mandate to the committee to negotiate with developers on our behalf.
4.To answer that question read the discussion from the top and digest the details as figures have been quoted for people to evaluate their choices.For those who intend to stay,the sky is the limit. There is no answer yet because as explained again and again no valuation of the land and buildings have been carried out yet and no competitive bidding carried out to secure best price.
As proved in all other cases no takeover can succeed without the consent of 100 % of the unit holders.The more there are discussions about takeovers,the more uncertainty and less people will buy the apartments and their prices will drop drastically and remain unsold and not rented out.
bangwall.gif
*
Fight, fight, fight. bruce.gif

Only professional and fair deal is acceptable.

TSRampai Court Resident
post Mar 11 2018, 11:42 AM

Getting Started
**
Junior Member
166 posts

Joined: Feb 2018
Say an emphatic NO to MONOPOLY business practice!
Say yes to open competition! rclxms.gif

This post has been edited by Rampai Court Resident: Mar 12 2018, 08:49 AM
Rcp2 resident
post Mar 11 2018, 07:19 PM

New Member
*
Newbie
1 posts

Joined: Mar 2018
Just attended the agm today. Seemed like majority of owners agree?
gvcheryl
post Mar 11 2018, 07:23 PM

New Member
*
Newbie
15 posts

Joined: Mar 2018
QUOTE(Rampai Court Resident @ Mar 11 2018, 11:42 AM)
Say an emphatic NO to MONOLPOLY business practice!
Say yes to open competition! rclxms.gif
*
Thanks for your sharing. Im also resident of Rampai court Phase 2 and attended the AGM today which got voided and turned into discussion of redevelopment. I have jz purchased this unit and spent alot hard earned money into renovation and buying cost. Thinking that its hard nowadays to get a low density property with free hold land and under RM 300k.
It was sad and furious to know that our management were the one who want to approach the developers for redevelopment.
Its rather unwise to move into that direction as we are holding free hold land & low density (which most developers now are using this as selling point to mark up their unit selling price to sky high amount)!
Instead of beautify our current properties and solving existing issues, the management prefers to sell out this piece of land???? Its very furious! Its unfair to those people who is staying here and only got this house to stay!
Seems like most of the people attended are landlords who no more staying in RCP2 and have other houses to stay. All seems to be rushingg into selling off the units without realizing how much loss is ahead of us!
But im totally against it!

I think we should meet up and form a strong team to Further discuss so that our home wont fall into the hands of greed soon!
gvcheryl
post Mar 11 2018, 07:32 PM

New Member
*
Newbie
15 posts

Joined: Mar 2018
QUOTE(Rampai Court Resident @ Mar 8 2018, 07:55 PM)
A final reminder to Rampai Court Phase 2 residents
on the AGM 3.00 pm this Sunday :

Rumours are that the main culprit behind the hush hush land sale has several units and does not stay here,and is acting on personal interests.
Dont get fooled by Legal Talk about 80 %majority rules etc like in Wangsa Maju Phase 2 which failed,even Rampai Court Phase 1,Desa Kudalari or Raintree Club have failed,except Trader's Square which involved a row of shops.We can always consult other lawyers.The National Land Code says very clearly that redevelopment can only take place with 100% consent of strata holders,except say,Ampang Park or the Jalan Sultan compulsory acquisition for a Public Purpose such as public transport.
Just get rid of the big snake trying to con us for his selfish interests as well as several little snakes and monkeys supporting him claiming the place is condemned and unsafe to stay in and we must make way for progress.
Then we can conduct a survey what the residents really want and also conduct whatever land sales we desire professionally with whoever we select or can be trusted in future. rclxms.gif
*
Hi, i totally agree with you. Those who hush into redeveloping are NOT THE ONES STAYING HERE. And these rich fellas are disturbing our lifes. More people should know the truth! And dont let our homes fall into these greedy culprits.

12 Pages « < 2 3 4 5 6 > » Top
 

Change to:
| Lo-Fi Version
0.0305sec    0.71    5 queries    GZIP Disabled
Time is now: 22nd December 2025 - 01:34 AM