Investment J. SATINE RESIDENCES / RUMAWIP @ SETAPAK, High dense project near Giant Setapak
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 Jun 4 2025, 06:00 PM
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Senior Member
2,366 posts Joined: Jun 2005 From: Not Here Not There...  
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QUOTE(hirano @ Jun 4 2025, 05:54 PM) Is your friend and other buyers gonna sue the developer beramai-ramai? They are looking for lawyers who can help them right now.  Existing lawyers are not helping since it is developer’s lawyer. |
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Jun 4 2025, 08:02 PM
Show posts by this member only | IPv6 | Post
#382
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All Stars
48,491 posts Joined: Sep 2014 From: REality
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Better find some reputable lawyer to represent you guys... Experience one... Not any cheapo type The developer is someone who got big cable.... march4th liked this post
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Jun 5 2025, 04:19 AM
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All Stars
21,456 posts Joined: Jul 2012
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QUOTE(death_nite @ Jun 4 2025, 04:17 PM) A friend of mine shared at fb. Today got session with buyers. She said buyers were inform damage due to batu kapur and swiss cheese problem. I donno what it meant. Implied the developer couldn't give any undertaking or guarantee. It is better to loss 60k now then many times more later.If cancel contract need to pay at least 60k; depending on how much bank released to developer. Dev cant answer questions then resorted to mute and turn off the mic. No body dare enough to say it is safe after the fix being done. This post has been edited by icemanfx: Jun 5 2025, 04:20 AM butthead76 liked this post
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Jun 5 2025, 01:38 PM
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Senior Member
1,919 posts Joined: Feb 2016
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QUOTE(PAChamp @ Jun 4 2025, 05:13 PM) Wow looks like the foundation is limestone and there are cavities undeground. Limestone is porous and can erode over time. I am not structural engineer nor a geologist so I wonder what theose experts will say. I wonder how was the BH zoning parameters established? 🤔This post has been edited by jojolicia: Jun 6 2025, 08:41 AM |
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Jun 5 2025, 03:34 PM
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Senior Member
1,159 posts Joined: Jan 2022
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QUOTE(icemanfx @ Jun 5 2025, 04:19 AM) Implied the developer couldn't give any undertaking or guarantee. It is better to loss 60k now then many times more later. The safest option is to cancel the contract and pay the penalties to the Bank but ask Developer not to forfeit any monies but refund the released loan to the Bank.The next option is to continue with the project, get the keys and hope for some fool to buy your property as soon as possible (hopefully don't suffer loss). Next best, if no buyer quickly rent out and sell at earliest opportunity. The most risky option is to continue with the project and stay there and pray no highland towers experience. However, many buyer won't have the cash needed to exit the project at this stage. |
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Jun 5 2025, 10:11 PM
Show posts by this member only | IPv6 | Post
#386
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Junior Member
47 posts Joined: Jul 2011
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My thought is why lose 60k and let developer leave without further compensation.
Just keep pay interest and get ready to sue developer for LAD once CCC cannot disburse later. |
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Jun 5 2025, 10:36 PM
Show posts by this member only | IPv6 | Post
#387
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Junior Member
483 posts Joined: May 2009
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QUOTE(2nddriver @ Jun 5 2025, 10:11 PM) My thought is why lose 60k and let developer leave without further compensation. Sue a RM1 subsidiary to bankruptcy?Just keep pay interest and get ready to sue developer for LAD once CCC cannot disburse later. icemanfx liked this post
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Jun 6 2025, 08:26 AM
Show posts by this member only | IPv6 | Post
#388
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All Stars
48,491 posts Joined: Sep 2014 From: REality
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subsidiary only... They just declare bankruptcy & open new one later on No lose on their part... Escape like that.... Melbee99 and butthead76 liked this post
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Jun 7 2025, 08:10 AM
Show posts by this member only | IPv6 | Post
#389
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Senior Member
1,495 posts Joined: Jun 2012
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u can run with rm60k consider lucky. better do it fast. before they say cannot.
also, no point suing, 3rd party already investigation already decided can be repaired. cut your looses and run now fast. this development will be in trouble in future. lesson learned buy ready made 2ndary market. majority of these 1st timer housing all got issues. |
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Jun 7 2025, 02:21 PM
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Junior Member
100 posts Joined: Aug 2024
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foundation crack no need demolish and rebuild?? and DBKL approve liddat? the lower value because of this controversy... more than 60k dmg...
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Aug 23 2025, 12:44 PM
Show posts by this member only | IPv6 | Post
#391
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Junior Member
148 posts Joined: Dec 2016
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QUOTE(butthead76 @ Jun 7 2025, 08:10 AM) u can run with rm60k consider lucky. better do it fast. before they say cannot. Replied?also, no point suing, 3rd party already investigation already decided can be repaired. cut your looses and run now fast. this development will be in trouble in future. lesson learned buy ready made 2ndary market. majority of these 1st timer housing all got issues. |
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Aug 24 2025, 07:50 AM
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Probation
9 posts Joined: May 2020
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I heard j dupion from same developer also got issue?
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Nov 27 2025, 11:07 AM
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Junior Member
82 posts Joined: May 2011
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any latest update on J-Satine progress?
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