QUOTE(Lahtaye @ Aug 20 2009, 11:27 AM)
Hi all, here are some updates:
1. Management is now looking into our case, and informed that it was a miscommunication between agreement of developer and bank, and also their sales team with potential investor (me). There was a limited period whereby the financial package will be available, but the time of my booking was just few days before the closing of financial package deal was announced / confirmed (so called in the transition period lah)
So now, still need some time to clarify/discuss the entire situation, then only make decision to purchase / withdraw. Plan to do this to come to a peaceful conclusion (since my deposit is still sitting there with them!)
As for the facilities (swimming pool etc), the explanation given was that the entire project will span 200 plus units, therefore no guarantee upon handing over key for first phase, that all the facilities will be ready.
Plus : We were informed that the same financial package will be available for Phase 2 of the construction (first two years paid by developer etc etc).
I still have my concerns, but still have to clear the whole situation properly.
2. Setapak Ria Condo was by same developer? I though this was their first project?
Any updates on your situation? After reading this thread I went to check out the showunit. No problems accessing it from Lake Edge. As i was rushing, I just viewed the showunit and I like the design a lot, definitely suits my taste. However before proceeding further, the questions raised about the developer is certainly cause for concerns. Anyway would like to hear your feedback.1. Management is now looking into our case, and informed that it was a miscommunication between agreement of developer and bank, and also their sales team with potential investor (me). There was a limited period whereby the financial package will be available, but the time of my booking was just few days before the closing of financial package deal was announced / confirmed (so called in the transition period lah)
So now, still need some time to clarify/discuss the entire situation, then only make decision to purchase / withdraw. Plan to do this to come to a peaceful conclusion (since my deposit is still sitting there with them!)
As for the facilities (swimming pool etc), the explanation given was that the entire project will span 200 plus units, therefore no guarantee upon handing over key for first phase, that all the facilities will be ready.
Plus : We were informed that the same financial package will be available for Phase 2 of the construction (first two years paid by developer etc etc).
I still have my concerns, but still have to clear the whole situation properly.
2. Setapak Ria Condo was by same developer? I though this was their first project?
Aug 24 2009, 08:35 PM

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