RECENTLY COMPLETED : The River

[PaulDubai]

Originally Posted by Iknow

Seems Bkkforever has no understanding of the Consumer Protection and Condominium Acts which stipulate the terms and conditions developers and buyers must honour, simple fact is that RL are lucky that some buyers have the old contract which is silent on the technical requirements for extending the construction period, but our group are confident the OCPB
will deem a notice to extend for a further year, two weeks before the contracted completion date is not acceptable and will support the customers compensation claims

What is your group hoping to get out of a case against RL? Are they looking for their money back due to late completion or do they wish to complete and have some financial compensation?

[The Lizzard King]

Originally Posted by Iknow

Transfers are not what this is about some units are finished and title deeds issued so transfers will occur depends on who the buyer is, it is about a building not complete, one year late and a down grade in the original specification that buyers where shown.

There is no question about the iconic status of the building but you live inside and this is a blog for not only images but information and objective comment I leave the images to others and focus on what is behind the cover, sure the developer wants to protect its profit but I see nothing in their actions which can be commended so keep posting your images and I will keep posing the facts which I regret are true

i get your point,but no need to reapet any more, lets just wait and see it unfolds...

[Iknow]

Originally Posted by PaulDubai

What is your group hoping to get out of a case against RL? Are they looking for their money back due to late completion or do they wish to complete and have some financial compensation?

Both they are only looking to exercise their rights under the contracts that have been entered into no more or less

[PaulDubai]

Originally Posted by PaulDubai

What is your group hoping to get out of a case against RL? Are they looking for their money back due to late completion or do they wish to complete and have some financial compensation?

Originally Posted by Iknow

Both they are only looking to exercise their rights under the contracts that have been entered into no more or less

So they are looking for their money back and complete???

[Iknow]

Originally Posted by PaulDubai

So they are looking for their money back and complete???

Under the Sale and Purchase Agreement the buyer remedies for not completing by the stipulated date ie 31-07-2010

Interest @ the rate of 15% pa on all instalments
paid upto a maximum of 10% of the purchase price.

Cancelation of the contract and return of all monies paid.

Hope that is clear

[Jeweller]

Originally Posted by BKKL

Considering that the bts seems to be about to be knocked down, Im surprised youre not focused on that- it's sort of more important.

The Hotel boats an exciting way to transfer to the BTS. Do you think that they will still travel to Saphan Taksin for connection to the Walk-a-lators for Surasak Station? It will be a loss to the hotel tourists is the boats are cancelled.

[Speed]

Originally Posted by Jeweller

The Hotel boats an exciting way to transfer to the BTS. Do you think that they will still travel to Saphan Taksin for connection to the Walk-a-lators for Surasak Station? It will be a loss to the hotel tourists is the boats are cancelled.

if the walkaltors are installed from Surasak BTS station to Taksin bridge (or even if they are not), I seriously doubt that the boats will be cancelled...the hotel (and Asiatique boats) are important transits for each property/shopping center....

[PaulDubai]

Originally Posted by Iknow

Under the Sale and Purchase Agreement the buyer remedies for not completing by the stipulated date ie 31-07-2010

Interest @ the rate of 15% pa on all instalments
paid upto a maximum of 10% of the purchase price.

Cancelation of the contract and return of all monies paid.

Hope that is clear

Crystal, thanks

[Iknow]

Originally Posted by Speed

if the walkaltors are installed from Surasak BTS station to Taksin bridge (or even if they are not), I seriously doubt that the boats will be cancelled...the hotel (and Asiatique boats) are important transits for each property/shopping center....

No way will the services be stopped these piers were there long before the BTS arrived, will be inconvenient but not the end of the world still quicker by boat

[Oasis-Bangkok]

image hosted on flickr

http://www.flickr.com/photos/2150986...n/photostream/

ถ้าภาพนี้ใครบอกว่าไม่เด็ด ผมจะเด็ดหัวคุณตอนนี้เลยล่ะครับ !!

[Jeweller]

Less than 7 days to go before the first transfers should be completed. Hope that RaimonLand will show new pictures this month of 39th Floor SkyGarden, finshed Reception, outside areas and view of Mall.

[Iknow]

Originally Posted by Jeweller

Less than 7 days to go before the first transfers should be completed. Hope that RaimonLand will show new pictures this month of 39th Floor SkyGarden, finshed Reception, outside areas and view of Mall.

Heard they did the first transfers this week most likely to there related parties and those stupid enough to transfer without inspection to save some money on transfer fees !
They should be able to show those areas now, what they cannot show are the floors of units not complete, getting a title deed does not require that the fit out is completed or even started many will recall condominiums in. Thailand used to be on a bare shell basis, resulting in years of construction disruption as owners fitted out their units.

[robolb]

Originally Posted by BKKL

Trust me, youre all sounding like a broken record. I think the main problem with this development is that Id have to share with you guys- I can imagine the boring, boring conversations in your beautiful riverside restaurant. Considering that the bts seems to be about to be knocked down, Im surprised youre not focused on that- it's sort of more important.

What a turgid thread to plough through .......... Never mind, there was some useful information in there.

Have to say I really like (no ... love) the look and location. The big BUT for me though, is no access to BTS. a 1km skywalk is hardly 'convenient'. Call me lazy, but I'd realy like to be much closer to BTS. (I really like the convenience of BTS/MRT)

I don't really want to have to drive in Bangkok traffic, and not sure yet if I will have a car and driver when we move to bangkok. (retiring there)

So I presume most of the buyers won't be using public transport? Is that the idea ? Certainly one way to keep the 'riff raff' out....

[Iknow]

All interested parties should read and understand the standards of The River major shareholders cowboys from the desert;

http://www.skyscrapercity.com/showth...0#post92700810

[bkkforever]

Show us the Legal Proof and information you have been raving about.

I have seen nothing but rants and moans regarding Dubai..

Has zero to do with The River.

Calling people stupid is simply childish.

The River is awesome I was there last week.

Moet on Ice

[PaulDubai]

Originally Posted by Iknow

All interested parties should read and understand the standards of The River major shareholders cowboys from the desert;

http://www.skyscrapercity.com/showth...0#post92700810

The Laguna tower is in Dubai, the financial crisis hit Dubai more than anywhere else in the world as the markets there were only just emerging.
The link posted by Iknow doesn't say anything bad about IFA at all, it just says that there is an unfinished hotel next door than looks a mess right now. But that's nothing to do with IFA or their standards.

IFA had several projects in Dubai when the crises hit. They were left with customers defaulting on their payments on a massive scale and banks not stepping in to help the developers complete the projects. Over the past few years, IFA have completed on a huge project on the Palm Jumeirah. The Fairmont Residence that IFA have built and handed over almost 2 years ago is now the most sought after residence on the Palm Jumeirah with huge capital appreciation and excellent rental returns. IFA have just completed the new luxury 5* Fairmont Palm hotel on the Palm island and it is opening this September. Laguna tower is almost completed and is due for handover by the end of this year. All the projects have been delayed due to the financial crises in Dubai but IFA have delivered and will continue to deliver their other projects. The standard of the IFA projects that I have bought into are of the best quality seen in Dubai. Without the money raised from these " cowboys from the desert" there would be no Raimon land and no completed Nothpoint and no River, So you should really be thanking IFA for investing in Thailand and keeping RL from financial collapse rather than your continued derogatory insults to them. Perhaps Iknow bought into an IFA project in Dubai and it didnt all go his way? The property laws in Duabi are still being written so investors do not have not much legal rights! If that is the case then his posts will be fueled by anger rather than clear, accurate, unbiased comments towards IFA.....

[bkkforever]

I agree 100% with your take on this situation.

I was starting to worry when I first came to this thread, but I continued to visit The River property and each time became more impressed.

I was wondering if he was even talking about the same project.

To be honest I feel the quality of The River is beyond what I have expected.

The bashing started to raise red flags when he kept banging on about Dubai.

Anyway I think the continued success of RL and the project is starting to reverse his fan club.

Go RL we are behind you all the way.


Moet on Ice.

[PaulDubai]

WOW, more negativity posted on Northpoint thread from IKNOW. Complete nonsence too, Nakheel were never shareholders in Raimon land. perhaps he should change his name to I DONT KNOW?

Originally Posted by PaulDubai

I agree with ting tong, the standard here at northpoint is superb and the Savils staff are excellent. No complaints from me either.
Anyone who has bought into Zire were told as I was that the quality won't be grade A like Northpoint. RL have been quite clear on this and when I bought into Zire they had no show apartment for me to view so I bought from plans and brochures. I was informed by RL when they had the show apt completed and I could go and choose the color theme I wanted for my units. The show apt was exactly the same as was sold to me from the brochures so no miss marketing on RL part at all. Prices are up at Zire by around 30% so no complaints there either.

Originally Posted by Iknow

Seems like another mole trying to support a crap Middle East Developer that have spread their virus to Thailand check out the link below an old Raimon Land shareholder !
http://m.arabianbusiness.com/nakheel...ow-462730.html

Another mole? No need for that, I will ignore that comment and put it down to you having a poor education. Perhaps you think that SSC is just for people to hear your rants and raves? Your link to this article refers to Nahkeel. What has Nakheel got to do with Northpoint or RL? This shows you have no idea of what you are posting in your efforts to spread negativity towards RL in this and other threads. IFA are shareholders in RL not Nakheel. Get it right...it seems like all your posts are fueled by anger and are without the benefit of intelligence.....

[river666]

Originally Posted by PaulDubai

The Laguna tower is in Dubai, the financial crisis hit Dubai more than anywhere else in the world as the markets there were only just emerging.
The link posted by Iknow doesn't say anything bad about IFA at all, it just says that there is an unfinished hotel next door than looks a mess right now. But that's nothing to do with IFA or their standards.

IFA had several projects in Dubai when the crises hit. They were left with customers defaulting on their payments on a massive scale and banks not stepping in to help the developers complete the projects. Over the past few years, IFA have completed on a huge project on the Palm Jumeirah. The Fairmont Residence that IFA have built and handed over almost 2 years ago is now the most sought after residence on the Palm Jumeirah with huge capital appreciation and excellent rental returns. IFA have just completed the new luxury 5* Fairmont Palm hotel on the Palm island and it is opening this September. Laguna tower is almost completed and is due for handover by the end of this year. All the projects have been delayed due to the financial crises in Dubai but IFA have delivered and will continue to deliver their other projects. The standard of the IFA projects that I have bought into are of the best quality seen in Dubai. Without the money raised from these " cowboys from the desert" there would be no Raimon land and no completed Nothpoint and no River, So you should really be thanking IFA for investing in Thailand and keeping RL from financial collapse rather than your continued derogatory insults to them. Perhaps Iknow bought into an IFA project in Dubai and it didnt all go his way? The property laws in Duabi are still being written so investors do not have not much legal rights! If that is the case then his posts will be fueled by anger rather than clear, accurate, unbiased comments towards IFA.....

Certainly sounds a more objective view. Thank you, PaulDubai!

[The Lizzard King]

I am almost sure that u r not exactly correct, true Nakheel is not involved with RL or The River, but in its previous name-"Istitmar" it was the owner of Raimonland with IFA, they bought equal shares of RL and then Istitmar sold their share to IFA, I'm sure someone can give the exact details but Nalheel had history with RL.

I agree the Dubai project by Nakheel has nothing to do with the river, but IFA that owns RL are known for their bad reputation with broken promises and bad handling with clients around the worl in different projects.

The River design is amazing, about materials if its the same brands and quality as to show room and other finishes is yet to be seen.we will know soon, and hope its all perfect.

One fact which Ilknow is right is that they r a year late and they kept changing facts and the truth and their statments and didn't update the old clients.

If all will be as promised I'm sure this will b forgotten.

We will see how it develops soon. Let's not argue any more till we have factsa from clients and the media for good or bad