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 Penang Property Talk, Property talk on Penang

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ks98
post Jun 2 2010, 02:41 PM

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QUOTE(yahiko @ Jun 2 2010, 11:26 AM)
bad luck for me.. after checking the place my lawyer found out that the developer run away.. they didnt bankrupt but just runaway.. i call the management office to ask.. they say they also looking for the developer..

please advise.. i like the house very much but there is so so many problem about it.. should i buy or find another one?
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My advice is to get another one... With developer ran away, there'll be nobody responsible for strata title application... Of course, the Joint Management Body can apply but that could require some extra money from residence or somewhere else.

Also, there'll be problem for you to sell in future... the potential buyer will face similar issue like you...

But, if you really like the house then may be can look for other bankers... there're bankers who willing to take higher risk but the rate could be higher.

 

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