https://www.rumawip.com.my/properties/setapak/

it's called J Setapak on RumaWIP site

Hi, anybody has anything to say about this project? Interested but the 3,600 unit + SOHO = 4000+ unit in one area makes me think many times..

kinda not good for investment? what do you think?

for own stay also dunno.. not sure how crowded it'll be & if the management really can handle all 4000+ families and whether the facilities can be kept nicely clean..

near to my workplace but the 3,600-4000+ sounds really crowded.. but kinda FOMO, if i miss this out, will i regret it.. if i can't live there for whatever reason, seems like difficult to rent out the unit, isnt it..?

no experience in living in very high density high-rise like this. so please share your experience and wisdom. Thank you sifu.

Yeah, true and I am aware of it too.

But as politics would tell us, the politicians often take such issues to spin and makes it a narrative towards their opponents.

While more educated and information-enabled citizens would be able to distinguish the fact from fiction (albeit some with biasness)

Most of the general uninformed public would still buy into the narrative

That's where it hurts the government / their opponents
But too much intervention would lead to dependence. I agree with icemanfx that too much intervention especially rescue packages, abuse will happen.

In STB, developer has 3 years to sell. In BTS, it is in developer to sell ASAP, likely to price at prevailing market price.
Punter preferred to bet on lad payment Vs abandoned project.

In BTS, completion risks, market risks, credit risks, etc is on developer. developer is natural to against bts. only financially strong developer could sustain bts.

why should buyers bare completion and market risks for developer?

I'll not eliminate the possibility you mentioned, it is possible. Yet, I still believe my deduction that they will rectify it at all any cost.

maybe will compensate the buyer with PV22 (more luxury non rumahwip project.)

more the look its almost hard to rectify due to the almost completed the top and even tear down partially and build also will trigger LAD late penalty. Only solution is compensating premium project to the existing buyer