QUOTE(Asgaard @ Jan 22 2024, 04:09 PM)
Buyers must be worrying the progress of the construction Investment SOLASTA @ PERSIARAN DUTAMAS, Dutamas' Latest New Project
Investment SOLASTA @ PERSIARAN DUTAMAS, Dutamas' Latest New Project
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Jan 22 2024, 04:14 PM
Show posts by this member only | IPv6 | Post
#1521
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Junior Member
215 posts Joined: Dec 2022 |
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Jan 22 2024, 04:27 PM
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Senior Member
2,832 posts Joined: Dec 2020 |
Oh dear. Another hai lat case?
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Jan 22 2024, 05:41 PM
Show posts by this member only | IPv6 | Post
#1523
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Junior Member
64 posts Joined: Feb 2011 |
maybe white knight will come in? pray
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Jan 22 2024, 06:21 PM
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Senior Member
2,832 posts Joined: Dec 2020 |
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Jan 22 2024, 09:02 PM
Show posts by this member only | IPv6 | Post
#1525
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Senior Member
3,830 posts Joined: May 2008 |
The signs were there. The project was soft launch for donkey years without any physical works on site.
In any cases, I hope the project will proceed as many hard earned money is at stake here.... I hope none of the compression loans here. Imagine no income and paying progress interest for multiple units. |
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Jan 22 2024, 09:18 PM
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Newbie
2 posts Joined: Feb 2019 |
QUOTE(Babizz @ Jan 18 2024, 09:04 PM) Chance of project stalled is 80%. They only have 17 mil cash vs 1.3 billion borrowings. I thk to be fair they still have over RM300Mil Freehold/Leasehold land which are not pledged to banks. (If there were able to find a buyer in time, they should be quite safe).MARC Ratings noted the group’s liquidity position, as reflected by cash and short-term deposits, stood at about RM17 million as of Sept 30, 2023 while its adjusted borrowings amounted to about RM1.3 billion. ![]() |
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Jan 22 2024, 10:18 PM
Show posts by this member only | IPv6 | Post
#1527
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Junior Member
166 posts Joined: Nov 2018 |
Any buyers here ? Share your thoughts
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Jan 23 2024, 11:40 PM
Show posts by this member only | IPv6 | Post
#1528
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Junior Member
67 posts Joined: Sep 2017 |
Apa khabar jutawan suma ?!?!?!
Ooops wrong thread |
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Jan 24 2024, 07:27 AM
Show posts by this member only | IPv6 | Post
#1529
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All Stars
12,520 posts Joined: Feb 2013 |
QUOTE(SebastianSSPG @ Jan 22 2024, 07:18 AM) I thk to be fair they still have over RM300Mil Freehold/Leasehold land which are not pledged to banks. (If there were able to find a buyer in time, they should be quite safe). Is land easy to be sold off and liquidated in a short span?? If banks demand the loan to be repayed in 1 month can this labd sale and all proceeds be given in 1 month? Anyway hows the progress here? Any pictures ![]() They have one plot of land in KL city that has been hoarded for many years. |
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Jan 24 2024, 07:43 AM
Show posts by this member only | IPv6 | Post
#1530
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All Stars
13,752 posts Joined: Jun 2011 |
Wateva the outcome I would say bulu wins it all n followers kena slaughtered left right up down front back east south west North. Jackpot to all for sure. Anw I hope buyers ll be fine. Babizz liked this post
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Jan 24 2024, 08:22 AM
Show posts by this member only | IPv6 | Post
#1531
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Junior Member
64 posts Joined: Feb 2011 |
latest news from filings is got suitors for the Kiara 163 mall?
https://www.thestar.com.my/business/busines...o-purchase-mall This post has been edited by Spacase: Jan 24 2024, 08:25 AM |
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Jan 24 2024, 08:24 AM
Show posts by this member only | IPv6 | Post
#1532
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Junior Member
64 posts Joined: Feb 2011 |
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Jan 24 2024, 08:25 AM
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Senior Member
2,832 posts Joined: Dec 2020 |
There are offers for 163 Mall already. Lol buyers gonna squeeze. That’s probably a prized cash cow on the books. Mana tu iherng? Babizz liked this post
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Jan 24 2024, 08:41 AM
Show posts by this member only | IPv6 | Post
#1534
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Senior Member
3,830 posts Joined: May 2008 |
QUOTE(ManutdGiggs @ Jan 24 2024, 07:43 AM) Wateva the outcome I would say bulu wins it all n followers kena slaughtered left right up down front back east south west North. There are so many red flags if anyone bother to pick the signalsJackpot to all for sure. Anw I hope buyers ll be fine. - unfavorable site location surrounded by highways, cemetery and HTC. Imagine pass through under HTC on daily basis to reach your home - design and concept where better thought can put in especially the unit layouts - unprofessional marketing where +1 space is promoted as bedroom - the most glaring red flag is idle construction site for few years despite being soft launched earlier. Can just go through the pages of this thread Nevertheless wish all buyers the best and no matter what happens corporate side, developer has social and contract responsibility to finish and deliver the development. |
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Jan 24 2024, 08:48 AM
Show posts by this member only | IPv6 | Post
#1535
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All Stars
13,752 posts Joined: Jun 2011 |
QUOTE(Spacase @ Jan 24 2024, 08:24 AM) He probably gotten the genuine false info where I blif he lacks ability to filter out the gd n bad n worst might be relying on free info or even his paid analysts ll likely take a shortcut listening to some sexperts who so happened oso putting up info in forums. There r real info n bad info everywhere. Harsh facts r vely vely hard to swallow not to mention digesting it. So bulu should stays as bulu dun ttly act like sexpert. U dun need to conquer the entire market u just need 1 tat can make u rich in 10yrs n make u wealthy in the 2nd 10yrs. How many 10yrs do v hav??? Moreover in prop journey v onli hav Mac 1 or 2 golden 10yrs. Bulu is a biz. Not investment. Period. Spacase liked this post
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Jan 24 2024, 08:53 AM
Show posts by this member only | IPv6 | Post
#1536
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All Stars
13,752 posts Joined: Jun 2011 |
QUOTE(gks @ Jan 24 2024, 08:41 AM) There are so many red flags if anyone bother to pick the signals New comers n soli to say foolish followers who happened to counter attacked all the advises most sifus hav given for the past few yea in tis tered should b able to gauge the red flags long ago.- unfavorable site location surrounded by highways, cemetery and HTC. Imagine pass through under HTC on daily basis to reach your home - design and concept where better thought can put in especially the unit layouts - unprofessional marketing where +1 space is promoted as bedroom - the most glaring red flag is idle construction site for few years despite being soft launched earlier. Can just go through the pages of this thread Nevertheless wish all buyers the best and no matter what happens corporate side, developer has social and contract responsibility to finish and deliver the development. Free info here r useful even to myself most of the time. Bulu aka bizman who said it's falsely published should just STFU n focus on running their biz ethically. Gigs says wan 出來行遲早要換 U do bad u 還給他人 U do gd 他人還你 Every1 has a choice which 還 u wanna take The most important thg now is the safety of buyers. Some I heard r genuinely wanna buy their dream home. God needs to take charge here to help the needy n punish the culprits. This post has been edited by ManutdGiggs: Jan 24 2024, 11:01 AM |
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Jan 24 2024, 11:52 AM
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Senior Member
2,832 posts Joined: Dec 2020 |
It’s so sad that FOMO still works in an oversupplied market.
I know someone who bought here and I think it wasn’t even under the bulk purchase deal. Guys if you’re gonna buy something please please buy well. Get it wrong and you can really stuff yourself up for a long period of time. You only get a few shots in your life unless you’re tremendously privileged. Don’t shoot yourself in the foot. |
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Jan 24 2024, 08:31 PM
Show posts by this member only | IPv6 | Post
#1538
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Junior Member
67 posts Joined: Sep 2017 |
So how now ? Still BBB ?
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Jan 25 2024, 12:19 AM
Show posts by this member only | IPv6 | Post
#1539
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Junior Member
215 posts Joined: Dec 2022 |
QUOTE(gks @ Jan 22 2024, 09:02 PM) The signs were there. The project was soft launch for donkey years without any physical works on site. I think this project will have 3 blocks overall, but what i can see the current construction progress is only on 1 tower. If not mistaken the investment group bulked a particular tower, and I presume is the one getting constructed. The other 2 towers nowhere to be seen, yet... In any cases, I hope the project will proceed as many hard earned money is at stake here.... I hope none of the compression loans here. Imagine no income and paying progress interest for multiple units. |
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Jan 25 2024, 03:56 AM
Show posts by this member only | IPv6 | Post
#1540
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Junior Member
758 posts Joined: May 2019 |
Good luck to buyers/investors!
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