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> US1.4 Billion Abandoned Chinese Ghost City, Xiangyun International Project, China

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TSSyie9^_^
post Jan 13 2020, 01:22 PM, updated 6y ago

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Summary: Project Songlap- Developer tapau-ed since 2014.

https://china-underground.com/2017/03/21/xi...n-shijiazhuang/

This one double the size of Midvalley and KLCC.

Meawhile Malaysian own version; Plaza Rakyat; since TWO DECADE ago.

» Click to show Spoiler - click again to hide... «


Do you really need such project at these SCALE? rclxub.gif

This post has been edited by Syie9^_^: Jan 13 2020, 01:23 PM
sniper on the roof
post Jan 13 2020, 01:31 PM

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QUOTE(Syie9^_^ @ Jan 13 2020, 01:22 PM)


Summary: Project Songlap- Developer tapau-ed since 2014.

https://china-underground.com/2017/03/21/xi...n-shijiazhuang/

This one double the size of Midvalley and KLCC.

Meawhile Malaysian own version; Plaza Rakyat; since TWO DECADE ago.

» Click to show Spoiler - click again to hide... «


Do you really need such project at these SCALE? rclxub.gif
*
For GDP figures.. regional gomen need the figures to meet KPI

jibpek
post Jan 13 2020, 01:39 PM

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The project was abandoned because the developer gone bankrupt.

They are rejuvenating the project recently
mowlous
post Jan 13 2020, 02:19 PM

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Actually this are pretty epic rare place that is nice for a movie shooting or exploration ...... it almost feels like what it would look like if hitler had all this mall project stop ...... cause the scale involve is at a mass level that usually you don't see from normal development. Just like what it would look like if 1MDB had used all its money to build something instead of buying usless stuff.
ZerOne01
post Jan 13 2020, 02:22 PM

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QUOTE(Syie9^_^ @ Jan 13 2020, 01:22 PM)
Do you really need such project at these SCALE? rclxub.gif
*
Progressive country must have a lot of buildings
So yes
TSSyie9^_^
post Jan 13 2020, 02:22 PM

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QUOTE(jibpek @ Jan 13 2020, 03:09 PM)
The project was abandoned because the developer gone bankrupt.

They are rejuvenating the project recently
*
Plaza Rakyat?

Another super tall skyscraper? biggrin.gif
MeToo
post Jan 13 2020, 02:24 PM

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QUOTE(mowlous @ Jan 13 2020, 02:19 PM)
Actually this are pretty epic rare place that is nice for a movie shooting or exploration ...... it almost feels like what it would look like if hitler had all this mall project stop ...... cause the scale involve is at a mass level that usually you don't see from normal development. Just like what it would look like if 1MDB had used all its money to build something instead of buying usless stuff.
*
Handbags and diamond rings are essential stuff
TSSyie9^_^
post Jan 13 2020, 02:24 PM

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QUOTE(mowlous @ Jan 13 2020, 03:49 PM)
Actually this are pretty epic rare place that is nice for a movie shooting or exploration ...... it almost feels like what it would look like if hitler had all this mall project stop ...... cause the scale involve is at a mass level that usually you don't see from normal development. Just like what it would look like if 1MDB had used all its money to build something instead of buying usless stuff.
*
so did the tuber said; the amount of wasted space; and resources..really rclxub.gif rclxub.gif

QUOTE(ZerOne01 @ Jan 13 2020, 03:52 PM)
Progressive country must have a lot of buildings
So yes
*
Not necessary.

That is only applicable in Year 1970s.


ik3da
post Jan 13 2020, 02:26 PM

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QUOTE(MeToo @ Jan 13 2020, 02:24 PM)
Handbags and diamond rings are essential stuff
*

Failure to abide might lead to sudden explosion.
ozak
post Jan 13 2020, 02:36 PM

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I like exploring such place.

It's mystery, excitement and adventure.

101 question in my head asking why this and that. What story behind. Alot of structure exposing the good and bad work.
TSSyie9^_^
post Jan 13 2020, 02:37 PM

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QUOTE(MeToo @ Jan 13 2020, 03:54 PM)
Handbags and diamond rings are essential stuff
*
so is this.

user posted image

Bought Price: US250 Mil.
Sold to Genting : US126 Mil.

Loss : US124 Mil.

Anyway; who want to lease; its here.

https://www.yachtcharterfleet.com/luxury-ch...tranquility.htm
MeToo
post Jan 13 2020, 02:40 PM

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QUOTE(Syie9^_^ @ Jan 13 2020, 02:37 PM)
so is this.

user posted image

Bought Price: US250 Mil.
Sold to Genting : US126 Mil.

Loss : US124 Mil.

Anyway; who want to lease; its here.

https://www.yachtcharterfleet.com/luxury-ch...tranquility.htm
*
Genting also is forced to buy... doign national duty...
TSSyie9^_^
post Jan 13 2020, 02:42 PM

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QUOTE(ozak @ Jan 13 2020, 04:06 PM)
I like exploring such place.

It's mystery, excitement and adventure.

101 question in my head asking why this and that. What story behind. Alot of structure exposing the good and bad work.
*
this one structurally still good; concrete structure better rendered than Marehsia work done.

TSSyie9^_^
post Jan 13 2020, 02:43 PM

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QUOTE(MeToo @ Jan 13 2020, 04:10 PM)
Genting also is forced to buy... doign national duty...
*
that why you see up for "chart"

Its going to be long while for it be earn+ maintenance fee.


Gentleman_League
post Jan 13 2020, 02:45 PM

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tell me more about plaza rakyat.. been abandoned 20years ago..? why?
mowlous
post Jan 13 2020, 02:45 PM

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Idk how many of you have this kind of dream before, like see a super huge grand abandon place while you are dreaming ... its pretty mind blowing .....
SUS8bitguy
post Jan 13 2020, 02:46 PM

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Gambar Female Ghost mana???
Gyazo
post Jan 13 2020, 02:47 PM

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Sapa to? - KayOn
TSSyie9^_^
post Jan 13 2020, 02:47 PM

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QUOTE(8bitguy @ Jan 13 2020, 04:16 PM)
Gambar Female Ghost mana???
*
wait next thread. brows.gif brows.gif
ozak
post Jan 13 2020, 02:48 PM

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QUOTE(Syie9^_^ @ Jan 13 2020, 02:42 PM)
this one structurally still good; concrete structure better rendered than Marehsia work done.
*
Depend on the developer and budget.

2 weeks ago, venture into such building deep deep inside fraser jungle. Got the story from a guard in genting. That is how interesting.

The building is solid work done.
TSSyie9^_^
post Jan 13 2020, 02:50 PM

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QUOTE(ozak @ Jan 13 2020, 04:18 PM)
Depend on the developer and budget.

2 weeks ago, venture into such building deep deep inside fraser jungle. Got the story from a guard in genting. That is how interesting.

The building is solid work done.
*
please share share brows.gif brows.gif

But seriously; much of such building are hazardous and a waste of materials.

the amount of sand; concrete,water etc rclxub.gif
kenlimfornication
post Jan 13 2020, 02:52 PM

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QUOTE(ozak @ Jan 13 2020, 02:36 PM)
I like exploring such place.

It's mystery, excitement and adventure.

101 question in my head asking why this and that. What story behind. Alot of structure exposing the good and bad work.
*
Then This is Dan Bell would be the right YouTube channel for you. He explored so many abandon malls and hotels. Makes you wonder if 1 day midvalley or 1u will turn into these places.
ozak
post Jan 13 2020, 02:58 PM

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QUOTE(Syie9^_^ @ Jan 13 2020, 02:50 PM)
please share share brows.gif  brows.gif

But seriously; much of such building is hazardous and a waste of materials.

the amount of sand; concrete,water etc  rclxub.gif
*
Sorry, since it's dangerous, not for public. Don't wish people missing deep inside.

It's a failed investment resort at the wrong place.

Yup. have to be carefull what you step. no boundary at high building, broken glass everywhere and rotten ground.
TSSyie9^_^
post Jan 13 2020, 03:00 PM

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QUOTE(ozak @ Jan 13 2020, 04:28 PM)
Sorry, since it's dangerous, not for public. Don't wish people missing deep inside.

It's a failed investment resort at the wrong place.

Yup. have to be carefull what you step. no boundary at high building, broken glass everywhere and rotten ground.
*
Local council should call for demolish it before it become real eyesore and liabilities for infestation places.

Demolition is big big business in Malaysia.

We need this industry.


ozak
post Jan 13 2020, 03:01 PM

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QUOTE(kenlimfornication @ Jan 13 2020, 02:52 PM)
Then This is Dan Bell would be the right YouTube channel for you. He explored so many abandon malls and hotels. Makes you wonder if 1 day midvalley or 1u will turn into these places.
*
Yup. watch many such youtube.

Some building make you feel the time adventure. The pass.
lambsauce
post Jan 13 2020, 03:01 PM

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QUOTE(kenlimfornication @ Jan 13 2020, 02:52 PM)
Then This is Dan Bell would be the right YouTube channel for you. He explored so many abandon malls and hotels. Makes you wonder if 1 day midvalley or 1u will turn into these places.
*
out of all malls, u chose the top malls as example doh.gif
ozak
post Jan 13 2020, 03:05 PM

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QUOTE(Syie9^_^ @ Jan 13 2020, 03:00 PM)
Local council should call for demolish it before it become real eyesore and liabilities for infestation places.

Demolition is big big business in Malaysia.

We need this industry.
*
Who have the money to demolish when go bankrupt from failed business ?

Unless the gov/local council have such requirement written down when open business.

It is come to the person who buy the place or building to do.

Sometime such place are very good for certain business. But wrong business, fail.
TSSyie9^_^
post Jan 13 2020, 03:13 PM

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QUOTE(ozak @ Jan 13 2020, 04:35 PM)
Who have the money to demolish when go bankrupt from failed business ?

Unless the gov/local council have such requirement written down when open business.

It is come to the person who buy the place or building to do.

Sometime such place are very good for certain business. But wrong business, fail.
*
that is why govt should in fact ask for feasibility costing insurance as part of it.

eg:

like A company so ego to proceed at height of development with leverage at 90% project

then suddenly market turn south whole country;

left with alot unsold "within"

call for govt bail bail. Govt said no; ask bank bail; rakyat feedback; siao ah buy 1 pigeon hole in this (X) project.

after so many auction; still not sold. How?

wait market pick up? will take decades like Japanification







kenlimfornication
post Jan 13 2020, 04:22 PM

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QUOTE(lambsauce @ Jan 13 2020, 03:01 PM)
out of all malls, u chose the top malls as example  doh.gif
*
Ya very unlikely for big malls to fail but still a possibility.
kamfoo
post Jan 13 2020, 04:57 PM

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so scary
SUSMPKL
post Jan 13 2020, 05:01 PM

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Rawang abandoned project kan beribu2
Pipopipo
post Jan 13 2020, 05:06 PM

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QUOTE(Syie9^_^ @ Jan 13 2020, 02:22 PM)
Plaza Rakyat?

Another super tall skyscraper? biggrin.gif
*
Actually what happened to this plaza rakyat already huh? When i went to kl 15yrs ago to work its uncomplete, 15yrs later i left kl still remains the same.
TSSyie9^_^
post Jan 14 2020, 11:52 PM

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QUOTE(Pipopipo @ Jan 13 2020, 06:36 PM)
Actually what happened to this plaza rakyat already huh? When i went to kl 15yrs ago to work its uncomplete, 15yrs later i left kl still remains the same.
*
Story said: Developer songlap; and then asian financial crisis then it is what it is till now.

Last heard; they want tot erect tallest skyscraper again laugh.gif

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