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 Construction companies going to tutup due to MCO

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ladytarot99
post Apr 8 2020, 11:48 PM

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QUOTE(Syie9^_^ @ Apr 8 2020, 10:42 PM)
hmm tell me about it. Why  :confused:  unsure.gif
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Many reason, 1. Property has negative ellement, 2. Poorly designed so create energy imbalance, 3. The land is cursed, 4. Previous owner’s badluck/negative energy usually still around, etc etc etc etc
Syie9^_^
post Apr 8 2020, 11:51 PM

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QUOTE(ladytarot99 @ Apr 9 2020, 01:18 AM)
Many reason, 1. Property has negative ellement, 2. Poorly designed so create energy imbalance, 3. The land is cursed, 4. Previous owner’s badluck/negative energy usually still around, etc etc etc etc
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If repo-ed but still no buyer? and then a developer company buy over and rebuild tall residential structure; is it still bad? unsure.gif

the building facing east and west.
bearbearwong
post Apr 8 2020, 11:58 PM

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QUOTE(benzxzx @ Apr 8 2020, 02:28 PM)
Ya indeed, in Malaysia, as long as you know how to pusing, really apa2  you mau pon x de hal.

Of course developer wont agree on termination, but if a purchaser can pay them liquidated damage for 10% of the purchase price, then they have to sign deed of termination with them.

Banks can only release loan once all the pre-disbursement conditions are met, note: a valid subsisting Letter of undertaking issued by Developer is one of the conditions.

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senior, these 2 can explain further? like down to earth guidance a bit
bearbearwong
post Apr 9 2020, 12:00 AM

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QUOTE(Syie9^_^ @ Apr 8 2020, 11:51 PM)
If repo-ed but still no buyer? and then a developer company buy over and rebuild tall residential structure; is it still bad? unsure.gif

the building facing east and west.
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repo, Hong Kong meh? we ada manyak land...

taking building down and removing debris rarely done by Msia yet...

taking back residence not easy, compensation wise susah.. HK also susah mah
raymancantona
post Apr 9 2020, 12:01 AM

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Contractors will claim for only manpower expenses

progress claim cannot
bearbearwong
post Apr 9 2020, 12:07 AM

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QUOTE(tikaram @ Apr 8 2020, 06:17 PM)
Kasi tutup all condtruction company.

All bangla jobless go back bangla
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convert to management companies lor... lower down to an honest pricing, can have demands one.. u ask BBB group...
AyamBlend
post Apr 9 2020, 12:14 AM

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Main con hold money domt want pay subcon, non cash rich subcon suffer la tu.
bearbearwong
post Apr 9 2020, 12:20 AM

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QUOTE(AyamBlend @ Apr 9 2020, 12:14 AM)
Main con hold money domt want pay subcon, non cash rich subcon suffer la tu.
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mana satu sub con yang tak suffer? if cash rich buat apa sub con, straight main con je...
AyamBlend
post Apr 9 2020, 12:21 AM

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QUOTE(bearbearwong @ Apr 9 2020, 12:20 AM)
mana satu sub con yang tak suffer? if cash rich buat apa sub con, straight main con je...
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Pandai buat kerja
Pandai keep money

X semesti
Pandai peojek bidder
Pandai gosok gosok belakang dengan developer/gomen/maincon
accitzone
post Apr 9 2020, 12:22 AM

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QUOTE(Liamness @ Apr 8 2020, 11:35 AM)
Make no mistake, alot of the construction companies including sub-cons, are going to suffer & even be wiped out due to the MCO.

All construction work can't jalan due to MCO, afterwards, alot will die due to late delivery charges. No company in the world can survive the late delivery charges in construction projects. It's built that way, so those companies that cause delay of the project will have to tutup kedai..

The government better have a plan for those construction firms affected by this bloody MCO, otherwise alot will go bust and tutup kedai, forcing thousands of thousands of workers to go unemployed.

The ones that untung from this mess are the lawyers (sue here, sue there). and the developers & new home owners that sign SPA. They will untung because can claim late delivery charge.
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Close thread. Obviously u don't know what you are talking about.
airtawarian
post Apr 9 2020, 12:23 AM

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QUOTE(Liamness @ Apr 8 2020, 11:35 AM)
Make no mistake, alot of the construction companies including sub-cons, are going to suffer & even be wiped out due to the MCO.

All construction work can't jalan due to MCO, afterwards, alot will die due to late delivery charges. No company in the world can survive the late delivery charges in construction projects. It's built that way, so those companies that cause delay of the project will have to tutup kedai..

The government better have a plan for those construction firms affected by this bloody MCO, otherwise alot will go bust and tutup kedai, forcing thousands of thousands of workers to go unemployed.

The ones that untung from this mess are the lawyers (sue here, sue there). and the developers & new home owners that sign SPA. They will untung because can claim late delivery charge.
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How to go bust sub con sue main con sue developer sue government. All got money what. Even puchaser WIN lad developer wont be paying also

CRaider2
post Apr 9 2020, 12:29 AM

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think this is a stupid thread. You can put any industry in the title and trigger people to reply.
bearbearwong
post Apr 9 2020, 12:31 AM

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QUOTE(AyamBlend @ Apr 9 2020, 12:21 AM)
Pandai buat kerja
Pandai keep money

X semesti
Pandai peojek bidder
Pandai gosok gosok belakang dengan developer/gomen/maincon
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ali baba kan banyak.. tak payah bayor premium? golongan bangsawan/terkemuka? payment insurance dengan Ali baba...
zephyrus9999
post Apr 9 2020, 12:32 AM

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What kind of construction first..
Client pays by milestone usually. They also have all reason to delay from paying to preserve cash flow if the end product not generating revenue
bearbearwong
post Apr 9 2020, 12:33 AM

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QUOTE(airtawarian @ Apr 9 2020, 12:23 AM)
How to go bust sub con sue main con sue developer sue government. All got money what. Even puchaser WIN lad developer wont be paying also
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Sub con ada duit to fight all the way? sana lubang, sini lubang?
ladytarot99
post Apr 9 2020, 01:10 AM

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QUOTE(Syie9^_^ @ Apr 8 2020, 11:51 PM)
If repo-ed but still no buyer? and then a developer company buy over and rebuild tall residential structure; is it still bad? unsure.gif

the building facing east and west.
*
QUOTE(bearbearwong @ Apr 9 2020, 12:00 AM)
repo, Hong Kong meh? we ada manyak land...

taking building down and removing debris rarely done by Msia yet...

taking back residence not easy, compensation wise susah.. HK also susah mah
*
Have to check lah why it’s such badluck, and find solution. Usually mainland contractors banyak pandai with tak laku building.. they zap zap zap, either move the unrest deitiies to other places, ceremonial pact event etc etc etc then and all done.. I mean the building become “live-able.”. If its condo, you have to check your unit layout and and the directions of your units as well, not only the land+ building matters. Buying condo is really2 gamble I tell ya.. 🤣🤣🤣... But condo not as severe as house/landed property. Because let’s say, a. 1 cursed big land bungalow house with 1000 yin + 1 family with 20 yang = Family would screwed because the yin dominating the property. b. That cursed bungalow land turned into 158 units high rise condominium, 1000 yin + 158 families with 5000 yang = No issue.. as long as the developer do “cleansing” before the construction.. otherwise gonna screwed, many victims during the construction. Ship/vessel/offshore platforms also the same, we always do the ceremony/christening or whatever you call it before and after the construction, whether it’s in Korea, japan, korea, france.. my own/personal experience.
Syie9^_^
post Apr 9 2020, 01:20 AM

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QUOTE(ladytarot99 @ Apr 9 2020, 02:40 AM)
Have to check lah why it’s such badluck, and find solution. Usually  mainland contractors banyak pandai with tak laku building.. they zap zap zap, either move the unrest deitiies to other places, ceremonial pact event etc etc etc then and all done.. I mean the building become “live-able.”. If its condo, you have to check your unit layout and and the directions of your units as well, not only the land+ building matters. Buying condo is really2 gamble I tell ya.. 🤣🤣🤣... But condo not as severe as house/landed property. Because let’s say, a. 1 cursed big land bungalow house with 1000 yin + 1 family with 20 yang = Family would screwed because the yin  dominating the property. b. That cursed bungalow land turned into 158 units high rise condominium, 1000 yin + 158 families with 5000 yang = No issue.. as long as the developer do “cleansing” before the construction.. otherwise gonna screwed, many victims during the construction. Ship/vessel/offshore platforms also the same, we always do the ceremony/christening or whatever you call it before and after the construction, whether it’s in Korea, japan, korea, france.. my own/personal experience.
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my story of this was;

this house; was an AFC 1997 screwed up story; for 15 years the land was occupied but badly managed and left empty. Land is big.

Story heard; the boss bet high and you know went in high; eventually charcoal ed and never recover from the 1997s afc.

Now the place where he once build his mansion was consolidated by demolition of his old big house and replaced with a 20 storey SOHO apartments.

building still sitting empty till now. unsure.gif

From one side; look good; from the other dont know. But it is a tall building out of max 3 story residential area.

thank you for your input; next time I careful wub.gif
ladytarot99
post Apr 9 2020, 01:32 AM

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QUOTE(Syie9^_^ @ Apr 9 2020, 01:20 AM)
my story of this was;

this house; was an AFC 1997 screwed up story; for 15 years the land was occupied but badly managed and left empty. Land is big.

Story heard; the boss bet high and you know went in high; eventually charcoal ed and never recover from the 1997s afc.

Now the place where he once build his mansion was consolidated by demolition of his old big house and replaced with a 20 storey SOHO apartments.

building still sitting empty till now.  unsure.gif

From one side; look good; from the other dont know. But it is a tall building out of  max 3 story residential area.

thank you for your input; next time I careful wub.gif
*
Check the developers financial status And the incoming project that they’re upto.. PM me the soho name. Curious to see haha 😂
clamp_wl
post Apr 9 2020, 01:33 AM

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QUOTE(Prometric @ Apr 8 2020, 12:57 PM)
Im in construction company, i think my Boss now day day pray the MCO extend cause company cash flow can tahan min 1 year without any income/collection at all. Time to kill off all the competition.
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Wow, such good cash flow.
clamp_wl
post Apr 9 2020, 01:37 AM

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QUOTE(Sammie7 @ Apr 8 2020, 01:26 PM)
sure? I think I can hear Gamuda management laughing at the back.
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Why do you say so?

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