nice. bro come join us in telegram. qs group.

https://t.me/joinchat/GnpHTxbi4CFMfOC6SSWSgg.

for some sub con, long time suffer already
even before this Covid exist

only QS ke? construction related boleh ke?

Force Majeure

i know some main developer wont die. u know why, they are cash rich. they have some 4years old property cannot sell also no worries. why worry?

sure, but the contractor must be diligent enough to submit EoT right now! But I can bet you many of those amateur sub-contractors that do minor works in construction won't be smart or experience enough to do so. So they will kena if nobody informs them.

Also, those new projects just kick-off in 2020, want to EoT so fast? I doubt they will grant them..

My situation is somewhat better. 8 Airbnb apartments + 2 Chinese Takeaway building, all still on the mortgage, but inside each of the account had enough money for it to deduct for 11 to 12 months. Takeaway business tax etc and stuff cannot be escaped thou... I still have to pay for now.

Tourism Business Office block is rented, which had to be settled no matter what.

The flat I'm living with my wife is fully paid, car fully paid, and insurance are all settled for now.

But at most, I can handle for a 12 month period before I need to start getting headache. (Cortesy of a Mainland China wife, super crazy in these kinds of stuff like pay first, all lumsum, don't wear bigger hat than your head, etc lessons)

why sub-con need to submit EOT , aldy name also mentioned as sub-con liao , stupiak keh

normally is the main-con that got contract with the Client , main-con submit EOT enough lah

surely main-con will be experience enough

why sub-con need to submit EOT , aldy name also mentioned as sub-con liao , stupiak keh

normally is the main-con that got contract with the Client , main-con submit EOT enough lah

surely main-con will be experience enough

thats contrs company have project, those finding suffers.

long terms, developer will suffer, if no sales..then domino effect...

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.

Bubble tea will be worst

Owai

airbnb apt are severely affected....unless is long term stay guest or tenants...deferment loans...still deferment. u cant run away with condo mgt fees, RM hundreds per month each unit, fire fighting yearly fee, utilities fees