Outline ·
[ Standard ] ·
Linear+
What's your worst property purchase?, lots of property woes threads lately
|
jehhlim
|
 Feb 18 2023, 09:22 AM
|
Getting Started
|
QUOTE(iEatCuteDogs @ Feb 10 2023, 06:58 PM) same thing happened in USJ1, the Empire Remix apartment. i know some of my kolik and friends bought units there, money gone and they paid interest to the bank for several years (not sure if they are still paying the bank interest today) I believe some, if not most are still paying the interest until today, this proj should be >10 years, some owners might be passed away also |
|
|
|
|
|
TrialGone
|
Feb 18 2023, 09:28 AM
|
|
|
QUOTE(Xsence @ Feb 10 2023, 06:30 PM) How come sold out can abandoned one If this like Evergrande scenario, the money is not used for current project but for next multiple projects. Prob they have too many failed projects that they no longer have funds to finish current ones. Basically like your friend give you money to help buy ipon, but you use that money to "invest" instead hoping to profit and also buy the ipon but ends up failed. |
|
|
|
|
|
Xsence
|
Feb 18 2023, 09:29 AM
|
|
|
QUOTE(jehhlim @ Feb 18 2023, 09:15 AM) Thats why its best to buy completed unit, no abandon risk and what u see is what u get But completed unit that's affordable it's usually out of range for most ppl(500k house and below) While 500k house and below completed unit either is shitty location or shitty condition |
|
|
|
|
|
forgotoldlogin
|
Feb 18 2023, 09:30 AM
|
Getting Started
|
TS, you buy house in kajang and expect to increase in value? You location is very high risk
|
|
|
|
|
|
touristking
|
Feb 18 2023, 09:48 AM
|
|
|
During Japan property bubbles burst, some properties price went down 90%
|
|
|
|
|
|
coyouth
|
Feb 18 2023, 10:18 AM
|
|
|
QUOTE(jehhlim @ Feb 18 2023, 09:19 AM) Two option, either u dun pay and the bank will confiscate ur property, or continue to pay the interest every month… As of now, the buyers who paid interest is akin to dumping money into the sea…pay for nothing one, with the current OPR the buyers are dumping around rm900 to rm1.5k every month into the sea FOR NOTHING 6 years have passed for this Kuchai Lama condo proj (finally declared abandoned in 2022) but there are no foreseeable timeline whether this could end and so now is considered endless suffering… in that case, why not just let it go and let bank confiscate the property? just shows that there are no laws to protect housebuyers in such a situation.  |
|
|
|
|
|
hteekay
|
Feb 18 2023, 10:23 AM
|
Getting Started
|
QUOTE(coyouth @ Feb 18 2023, 10:18 AM) in that case, why not just let it go and let bank confiscate the property? just shows that there are no laws to protect housebuyers in such a situation. Because you'll be blacklisted and it'll be hard to get future loans |
|
|
|
|
|
SUSJulie Ting
|
Feb 18 2023, 10:42 AM
|
Getting Started
|
You cannot go wrong buying from top reputable developers? Isn't TS house developer from top 20 list, what is wrong? Try buying from Simedarby, Seehoichan, Tropicana, BRD, IJM....
|
|
|
|
|
|
Boomwick
|
Feb 18 2023, 11:07 AM
|
|
|
QUOTE(IamBlind @ Feb 10 2023, 02:57 PM) Scott garden is WCT old management.. before malton took over |
|
|
|
|
|
coyouth
|
Feb 18 2023, 11:10 AM
|
|
|
QUOTE(Boomwick @ Feb 18 2023, 11:07 AM) Scott garden is WCT old management.. before malton took over is malton good? or WCT better? |
|
|
|
|
|
sijun
|
Feb 18 2023, 11:14 AM
|
|
|
this is why nowadays i only look at built projects or subsales.
as far as im concerned, every developer new project is gonna have alot of quality issues and will always sell at future price. developer earn all near future profits one shot.
This post has been edited by sijun: Feb 18 2023, 11:15 AM
|
|
|
|
|
|
Boomwick
|
Feb 18 2023, 11:20 AM
|
|
|
QUOTE(TrialGone @ Feb 11 2023, 09:20 AM) So.....China tofu dreg finally come to malaysia. No put steel bar inside.. lol |
|
|
|
|
|
Boomwick
|
Feb 18 2023, 11:24 AM
|
|
|
QUOTE(coyouth @ Feb 18 2023, 11:10 AM) is malton good? or WCT better? Malton WCT GOB all same boss Malton should be ok gua ??? No idea. Never visit before except their shopping mall pavillion kl and bukit jalil.. Shopping mall is good la.. but pav bukit jalil start to show some stupid design at the carpark area where ceiling is almost can kena head.. |
|
|
|
|
|
-mystery-
|
Feb 18 2023, 11:31 AM
|
|
|
QUOTE(sijun @ Feb 18 2023, 11:14 AM) will always sell at future price. developer earn all near future profits one shot. how about you try and build yourself? stingy fellow |
|
|
|
|
|
icemanfx
|
Feb 18 2023, 11:39 AM
|
|
|
QUOTE(-mystery- @ Feb 18 2023, 11:31 AM) how about you try and build yourself? stingy fellow Subsale is a alternative. |
|
|
|
|
|
sijun
|
Feb 18 2023, 12:15 PM
|
|
|
QUOTE(-mystery- @ Feb 18 2023, 11:31 AM) how about you try and build yourself? stingy fellow being stingy better than getting screwed by developer. |
|
|
|
|
|
-mystery-
|
Feb 18 2023, 01:01 PM
|
|
|
QUOTE(sijun @ Feb 18 2023, 12:15 PM) being stingy better than getting screwed by developer. just sleep on the road side, enough said |
|
|
|
|
|
-mystery-
|
Feb 18 2023, 01:01 PM
|
|
|
QUOTE(icemanfx @ Feb 18 2023, 11:39 AM) Subsale is a alternative. subsales come with downpayment and renewal money issue |
|
|
|
|
|
icemanfx
|
Feb 18 2023, 01:05 PM
|
|
|
QUOTE(-mystery- @ Feb 18 2023, 01:01 PM) subsales come with downpayment and renewal money issue If one couldn't save enough for 10% down payment is likely financial stressed to buy new launch. |
|
|
|
|
|
rayzs
|
Feb 18 2023, 04:18 PM
|
Getting Started
|
Sewakan je la to minimise the commitment paying monthly to the bank.
|
|
|
|
|
Quote
0.0263sec
0.37
5 queries
GZIP Disabled