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Investment J. SATINE RESIDENCES / RUMAWIP @ SETAPAK, High dense project near Giant Setapak

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gashout
post Nov 7 2024, 06:27 PM

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QUOTE(jesseclane @ Nov 7 2024, 05:53 PM)
Bad news, seem like serious structural failure

https://forum.lowyat.net/topic/5493144
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Not good. They better not tampal back.... The thread states serious structural issue and disaster waiting to happen
gashout
post Nov 9 2024, 08:46 AM

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QUOTE(Asgaard @ Nov 8 2024, 10:09 PM)
U offer higher comm agent will still able sell

Those cash rich will buy cheap and rent out
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are you PR person from the company?


gashout
post Nov 14 2024, 04:16 PM

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QUOTE(kochin @ Nov 14 2024, 09:39 AM)
please read all your purchase contracts carefully
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contract languages are for lawyers, not for normal people.


gashout
post Nov 15 2024, 04:55 AM

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QUOTE(SKY 1809 @ Nov 14 2024, 04:56 PM)
High Court Judge  said developers would no longer be able to rely on such provisions in the contract to avoid having to pay liquidated ascertained damages for late delivery of properties to purchasers, even if the sales and purchase agreement (SPA) provides for such a move.

SPA is not final .
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interesting how some contracts can be over-ruled. wonder what is the reasoning for this.
gashout
post Nov 17 2024, 06:09 AM

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QUOTE(johnnycp @ Nov 16 2024, 02:49 PM)
The other two tower maybe affected also
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QUOTE(moiskyrie @ Nov 16 2024, 06:08 PM)
That why need to know the condition for other tower...
If other tower also compromise....
Then really no hope...
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agree, auditing should be the whole land. not just one tower.
gashout
post Nov 18 2024, 02:44 PM

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QUOTE(gks @ Nov 18 2024, 12:57 PM)
IMO no point to speculate. Wait for for independent report to come out and if developer will share the finding and most important the remedies in public to regain back the confidence.

Also no point to rub salt to the wounds especially on these first time homebuyers. those buyers who by coincident read LYN may panic and create unnecessarily rumor.
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who is rubbing salt to the wound?

most are just reminding buyers to not purely listen to developer's words. cause they will say everything is ok.

 

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