Is OIB group a good developer?
Looking at their Myra projects, not much I can find whether developer is good or bad
This post has been edited by deleted: Nov 3 2021, 08:38 AM
OIB Myra projects, good?
OIB Myra projects, good?
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Nov 3 2021, 08:38 AM, updated 5y ago
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#1
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Senior Member
671 posts Joined: Aug 2006 From: Cheras |
Is OIB group a good developer?
Looking at their Myra projects, not much I can find whether developer is good or bad This post has been edited by deleted: Nov 3 2021, 08:38 AM |
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Nov 3 2021, 09:15 AM
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All Stars
14,511 posts Joined: Sep 2017 |
QUOTE(deleted @ Nov 3 2021, 08:38 AM) Is OIB group a good developer? If you are worried about any developers reputation, buy subsale when vp. You cant have the best of everything .... make profit or loss, if any, choose your favourite units, HOC etc and dont take risk.Looking at their Myra projects, not much I can find whether developer is good or bad |
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Nov 3 2021, 09:29 AM
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671 posts Joined: Aug 2006 From: Cheras |
I want to buy property to live in, not to flip. More concerned about having to do major repairs after DLP
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Nov 3 2021, 09:57 AM
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All Stars
14,511 posts Joined: Sep 2017 |
QUOTE(deleted @ Nov 3 2021, 09:29 AM) I want to buy property to live in, not to flip. More concerned about having to do major repairs after DLP Making 'profit' in property is not only about flipping .... is about inflation. What use buying a 300k now and sell 300k 10 years later. Then is better to rent and every few years, you rent a brand new property.Even the best developer cannot guarantee that their project is without defects....be it minor or major. What looks good in drawing may not necessary during construction. This post has been edited by mini orchard: Nov 3 2021, 10:40 AM deleted liked this post
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Nov 3 2021, 10:46 AM
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QUOTE(deleted @ Nov 3 2021, 08:38 AM) Is OIB group a good developer? Refer post #70 from the following link:Looking at their Myra projects, not much I can find whether developer is good or bad https://forum.lowyat.net/topic/4464123/+60?hl=OIB May visit their newly completed projects for the workmanship if you unable to get more info.... deleted liked this post
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Nov 3 2021, 02:21 PM
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QUOTE(johorian @ Nov 3 2021, 10:46 AM) Refer post #70 from the following link: Thanks!https://forum.lowyat.net/topic/4464123/+60?hl=OIB May visit their newly completed projects for the workmanship if you unable to get more info.... |
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Nov 3 2021, 08:10 PM
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Which project are you looking at TS? Myra Gardens?
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Nov 3 2021, 10:35 PM
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Nov 3 2021, 11:00 PM
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One of the way to gauge the quality but again bear in mind the subcontractor are likely diff project by project thus risk remain QUOTE(johorian @ Nov 3 2021, 10:46 AM) Refer post #70 from the following link: https://forum.lowyat.net/topic/4464123/+60?hl=OIB May visit their newly completed projects for the workmanship if you unable to get more info.... deleted liked this post
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Nov 4 2021, 09:55 AM
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QUOTE(vinceleo @ Nov 3 2021, 11:00 PM) One of the way to gauge the quality but again bear in mind the subcontractor are likely diff project by project thus risk remain Yea, but I think every projects also will have defects. Just hopefully no serious defects. Hoping developer will not just leave it unattended.QUOTE(deleted @ Nov 3 2021, 10:35 PM) I am looking at one of their projects too, Myra Saujana. Was wondering too if developer be responsible for defects.This post has been edited by arffrhn: Nov 4 2021, 09:57 AM |
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Nov 4 2021, 11:59 AM
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fakerdemit and arffrhn liked this post
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Nov 8 2021, 08:47 PM
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Developer are liable and bonded to repair to perfection otherwise you can write to bank lawyer to withheld the remaining disbursement, if ultimately developer fail to make good then you can engage your own contractor for the task and claim. Important to ensure proper documentation including acknowledgement from developer throughout this process
QUOTE(arffrhn @ Nov 4 2021, 09:55 AM) |
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Jul 17 2023, 09:47 AM
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Just bump this msg for precaution. Please avoid if you can...
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Jul 17 2023, 09:51 AM
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Jul 17 2023, 12:48 PM
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