Not cause by main con then cause by?

Quite unfair to TCS shareholders , for making unjust and mere accusations against their co , without any proofs :-

“As the main contractor for the project, TCS Construction Sdn Bhd (TCSC), a wholly-owned subsidiary of the company, expresses deep concern over this incident. Initial findings suggest that the building cracks are not caused by the company,” TCS said in a filing with Bursa Malaysia.

Initial findings show explosion not caused by us, says condo contractor.

He urged the public to stop sharing and spreading unverified information related to the project.

Wouldn't it be more beneficial to the developer to declare bankrupt and just case close ?

Anyway, do not prejudge before an investigation is done.

Many projects is carried out by subsidiary company. Holding company is protected in most circumstances.

What caused the Loud Explosion is still under the investigation by Govt authority, together with expert advisers  , perhaps not by Act of God , something else .

Too early to conclude now.

I like how our government knowingly leave this loophole open, where losses to buyers can run into hundred of millions. Protect the people lol.

Agreed on the duration part- Skeptical on the under design part, since this is Rumahwip, I believe many developers could be negligent and pressure consultant to put in more units per block / higher floors on top of double loading. But possibly that although the designer is experienced, when referencing prior designs did not encounter such issues so went with it, then happen not to expect the compounding effects of poor material used to cause structural failure.

*also Malaysian developers are certainly taking Malaysia's blessing of infrequent geological activity for granted especially in their design and constructions

I doubt that the developer (PV or Jakel in this case. Especially PV which is heavily involved in property development in its nature of business) will declare bankrupt over a portion of the building facing structural failure. They could possibly do away with some form of repairs, but to declare bankrupt over this would open huge can of worms (as it would show how weak the financial strength of developers).

But no matter what is the resolution pathway chosen..

1. Buyer confidence eroded for the structure
2. Safety is not able to be guaranteed in the longer term
3. Developer image suffers negative impact
4. A huge delay in deliverables for the project
5. Increased costs for the buyers as the buyers of RUMAHWIP are less likely to be from M40 or T5,10,15,20; they are probably renting but still need to start paying installments according to disbursed funds (in which this looks like a 80% completion before the incident happened).
6. If its a sinkhole beneath the structure, it will then raise the question of safety on the immediate surrounding blocks

Pain, really painful for all parties involved. But if foul play is involved, I certainly hope that they would be punished.

Most projects is developed by subsidiary company of the named developer. During umno regime, many big times developers were GLC, clonies and strong supporters. Hence, many practices protect developers more than buyers

Developer would find loophole for sure...

Ain't losing $$$ for this project...

Demolition cost sure cost multi millions $$$

Good luck to all units owners.... Pray hard ya 🙏

can claim insurance?

Fuh this looked like 1 or 2 of the inner core wall failed

Load and weight transfer to shear wall, shear wall cannot handle, explode

Now I think if its that serious, it could be the foundation below sank, no immediate support for the core base

Could be possibly there's a deeper sinkhole around / near the area

Hailat RIP to buyers

Even if rebuild / fix, the entire project not gonna get CCC

Inspect > gauge > removal of damage > rebuild / repair > reinspect

I believe gonna take another 6 - 12 months

RIP really shit ..

That's why QS, Materials, Main & subcon is imporant

Some /k still dismiss all under developer

PV not reputable? Also kena

Wew my thoughts and condolences to buyers - sue 9 the developer force them to kick the culprit out

U sign SPA to buy property from contractors ? not Developer ?

Which Law says Developer not responsible for their contractors ?

First, the project is under a subsidary company of the developer. Has nothing to do with the main developer due to different management teams and shareholders.

Maincon are the developer's responsibility. At most, they sack the current old and hire another. This will lead to project delays. Example is the Flora Damansara apartments. Delayed for 8 years because MK Land changed maincon like underwear.

Subcons are the maincon's responsibility. Whatever shit they do, maincon always kena. However, maincon can choose to fight back by holding back their payments or sack them.

U are good to add salts to people ( buyers ) wounds ...

Do buyers feel better with all yr statements ?