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Old December 17th, 2016, 12:07 AM   #17521
WelchLS
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Luckily the burnt scars aren't visible on the new Apple TV screensaver!

http://a1.phobos.apple.com/us/r1000/...6M_HB_tag0.mov
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Old January 12th, 2017, 11:36 AM   #17522
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Do any owners have any thoughts on the AGA resolution owners are now being asked to sign indemnifying Torch Select, Dubai Select, Kingfield etc for the potential cost of re-cladding the whole building?
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Old January 12th, 2017, 05:15 PM   #17523
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Do any owners have any thoughts on the AGA resolution owners are now being asked to sign indemnifying Torch Select, Dubai Select, Kingfield etc for the potential cost of re-cladding the whole building?
I got the letter last night and I'm not willing to sign it till I get to know what's the exact cost of re-cladding the whole building!
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Old January 12th, 2017, 08:19 PM   #17524
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I got the letter last night and I'm not willing to sign it till I get to know what's the exact cost of re-cladding the whole building!
I think they're trying to con owners into signing it by claiming 'most people' have already agreed to it at the AGM which is probably complete fiction.

There's no way I'm signing it as they're effectively trying to get themselves off the hook for using cheap crap materials. I don't think Kingfield should be liable but there's no way I'm signing anything that indemnifies any Select company.

Wake up True Blue - this is right up your street.
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Old January 12th, 2017, 11:21 PM   #17525
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I have been thinking about this a lot over the day - do they think we are fools - no-one should ever sign anything when you don't know what the exact implications / costs are!!
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Old January 13th, 2017, 04:06 PM   #17526
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I have been thinking about this a lot over the day - do they think we are fools - no-one should ever sign anything when you don't know what the exact implications / costs are!!
So let me get this right... the 11% damage will be fixed using the insurance money. Would they just use the same flammable cladding?

If DCD demands for all 100% cladding to be changed then they want owners to pay? Would they apportion cost based on apt floor space or the cladding around my apartment? (The 2-bed apts may have similar sized balcony/cladding, so I hope its based on floor space.)

Surely this new regulation would impact all of buildings that used flammable cladding in the UAE?

Just my thoughts... (Im not signing the new 'addendum')
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Old January 14th, 2017, 09:33 AM   #17527
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So let me get this right... the 11% damage will be fixed using the insurance money. Would they just use the same flammable cladding?

If DCD demands for all 100% cladding to be changed then they want owners to pay? Would they apportion cost based on apt floor space or the cladding around my apartment? (The 2-bed apts may have similar sized balcony/cladding, so I hope its based on floor space.)

Surely this new regulation would impact all of buildings that used flammable cladding in the UAE?

Just my thoughts... (Im not signing the new 'addendum')
That's how it reads to me although it's unclear if the partial repair will be done using flammable or non-flammable cladding. I would expect it to be the latter given what has happened. Select are clearly concerned about potential liability of re-cladding the whole building and are trying to con owners into indemnifying them.

I agree it should apply to all buildings and it'll be interesting to see who foots the bill. Knowing how little protection investors get from the authorities I think I have an idea how this will turn out.
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Old January 24th, 2017, 02:25 AM   #17528
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For the benefit of 'fractional owners', could someone please share a picture(s) of the 'addendum' letter. Funnily enough, the Trust that manages these apartments has not made any contact regarding this...
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Old January 24th, 2017, 09:55 AM   #17529
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Quote:
Originally Posted by Sid View Post
So let me get this right... the 11% damage will be fixed using the insurance money. Would they just use the same flammable cladding?

If DCD demands for all 100% cladding to be changed then they want owners to pay? Would they apportion cost based on apt floor space or the cladding around my apartment? (The 2-bed apts may have similar sized balcony/cladding, so I hope its based on floor space.)

Surely this new regulation would impact all of buildings that used flammable cladding in the UAE?

Just my thoughts... (Im not signing the new 'addendum')
http://www.thenational.ae/uae/new-fi...-uae-buildings

Here we go....
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Old February 18th, 2017, 10:03 AM   #17530
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TH ADDRESS HOTEL TO REOPEN

I wonder what cladding the Address used ?

http://gulfnews.com/business/propert...-end-1.1979173
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