THE RITZ CORPORATE SUITES & RESIDENCES | Kuala Lumpur ( Jalan Sultan Ismail ) | 2X 47F | U/C - Page 16

dengilo · March 13th, 2006, 10:23 AM

oh no sorry guys wrong photolah guys that is bank of commerce site anyway its slow also!

dengilo · March 13th, 2006, 10:47 AM

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londonbased · March 13th, 2006, 11:14 AM

Quote:

Originally Posted by dengilo

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Oh My God! look like 'dead zone'!

this is going to be my worst nitemare lah! we have never have any prob with property in the UK. BUT Malaysian one made me headache lah! adoi....

thanks for new 'fab ' photo!

choon · March 13th, 2006, 11:33 AM

Probably you can shout thier London office or write to the daily paper..

dengilo · March 13th, 2006, 11:48 AM

rilexlah bro its going to oklah just be sabar!this project is sure thing ma just that the main con chicken out last minute that particular company no money one and people also not going to give them ha ha,company will come along soon enough!

James Foong · March 13th, 2006, 04:50 PM

There is a glut in the construction industry by now. Its better to leave b4 too late if the money doesn't come in or keep delaying.

SEED · March 13th, 2006, 05:18 PM

its not only ur worst nitemare Londonbased.. its ours too..

***szehoong*** · March 13th, 2006, 05:35 PM

Well......I believe his' is worst as he had a stake in it lah

We just have hopes and dreams

SEED · March 13th, 2006, 05:45 PM

well.. broken dreams mah..

another in that area.. first Hyatt now this twin babe.. talkin bout 'that area'.. is that area bad feng shui or just..??

baqthier · March 13th, 2006, 05:55 PM

It took them too long for Berjaya Times Square liao. It was also an HK company that rescued them for that somehow. I actually surprised they could actually start with Central Park!

SEED · March 13th, 2006, 07:27 PM

another classic BTS in the making..

londonbased · March 14th, 2006, 01:05 AM

anymore buyers where I can share the pain?

what about other development? any other same experience? from my obsevation, other development close to KLCC taking shape very quickly. may be if they move central Park to the area of KLCC ,then will take bit quicker.

***szehoong*** · March 14th, 2006, 02:11 AM

Quote:

Originally Posted by londonbased

anymore buyers where I can share the pain?

what about other development? any other same experience? from my obsevation, other development close to KLCC taking shape very quickly. may be if they move central Park to the area of KLCC ,then will take bit quicker.

Hahaha.....I hope you are joking

Construction speed and good development progress isn't location-centric. Mosts are tied to the financial side. In some cases the squabble between the owners and the main contractors delayed the project. But most stalled projects have financial contrains.

Maybe it is your luck that your Malaysian investments are marred by delays but many projects in KL are delivered on scheduled or at times are ahead of schedule.

Only a handful (like Berjaya Central Park, Plaza Rakayat, NAS Pavillion, The Tower, The Meritz and Park View.....are some of the high-profile ones which I could cranked up at the moment) are saddled with delays. Maybe the conforting news about Berjaya Central Park is that the foundation works are completed and should they resumed construction, they would be fast.

SEED · March 14th, 2006, 08:24 AM

well.. that does'nt sound that good.. i think it'll take a while till we can see some action goin on there.. if those companies r havin a financial problems.. like Baq said.. it'll be like BTS.. hope not..

dengilo · March 14th, 2006, 09:33 AM

ha ya u guys dont understand how rich people make moneylah!they always use other people money ma ah ya uncle vincent been in this business ah long enough to take advantage of the situation!i am so sure there a story behind this particular project.
for all we know foundation work and sub basement done still not pay yet ha ha!it was suppose to be JV project between UEM and BAUER! but one thing for sure this project will somehow be completed sooner or later we just see who "s the sucker this time!

James Foong · March 14th, 2006, 05:39 PM

yup, there is no quarantee that once progress work is done, payment ll be made in time by the client or main contractor. At times, such outstanding sum can be written off in the end, resulting the contractor which initially spend on the work but receiving zero payment claim! This is the norm of everywhere in our construction scene. Such situation is so bad especially after the post 97 recession until now. So, uem and bauer early pull out is a wise move although they may not receiving full payment.., as instead of building it up 45 storey n keeps accumulating the unclaimed sum.

ZaHiRnYa??? · March 15th, 2006, 03:03 AM

OH...now only I know...thank for the information.

andyf · March 15th, 2006, 02:02 PM

Hi londonbased

I'm in KL during April. I got a meeting arranged with Berjaya on some other matter. I'll knock them up for some info. If you want me to enquire on and not let the whole world know PM me.

Has your money left the London agents yet? They may well be liable under uk law / trading.

Andy

londonbased · March 16th, 2006, 12:06 PM

Quote:

Originally Posted by andyf

Hi londonbased

I'm in KL during April. I got a meeting arranged with Berjaya on some other matter. I'll knock them up for some info. If you want me to enquire on and not let the whole world know PM me.

Has your money left the London agents yet? They may well be liable under uk law / trading.

Andy

Hi Andy,

Thanks for ur offer to help. very much appreciated! I am going back to KL for 2 months from june. planning to go to Berjaya office to 'attack' them!

paid almost half of the cost of the apartment. too late now to pull out from the purchase..I think! anyway, see how it goes! anymore info you can get from them, abs great! thanks again andy!

choon · March 19th, 2006, 03:00 PM

All pics taken on 19.03.2006

Totally like abondoned city...quite and dun even see a guy there!!!

Park View finishing very soon..how about Central Park?????

March 13th, 2006, 10:47 AM	#302
dengilo Registered User Join Date: Oct 2005 Posts: 5,913 Likes (Received): 141	[B]now the actual photo of the site also taken this morning![/B] [IMG][/IMG]

March 13th, 2006, 05:35 PM	#308
*szehoong* MALAYSIAKU GEMILANG Join Date: Sep 2002 Location: Kuala Lumpur Posts: 8,778 Likes (Received): 116	Well......I believe his' is worst as he had a stake in it lah We just have hopes and dreams __________________ The MALAYSIAN Forums

March 13th, 2006, 05:55 PM	#310
baqthier RISING LIKE A SPIRE! Join Date: Jul 2002 Location: Land of The Petronas Towers Posts: 6,304 Likes (Received): 1	It took them too long for Berjaya Times Square liao. It was also an HK company that rescued them for that somehow. I actually surprised they could actually start with Central Park! __________________ Whatever lah! *7 YEARS OF THE MALAYSIAN FORUM Since 22nd Dec, 2002* - Kuala Lumpur Sky - Penang Sky

March 15th, 2006, 03:03 AM	#317
ZaHiRnYa??? you are you and i am me.. Join Date: Jul 2003 Location: Kuala Lumpur Posts: 5,816 Likes (Received): 1	OH...now only I know...thank for the information. __________________ me, me, me and more me.. he..he...

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March 13th, 2006, 10:23 AM	#301
dengilo Registered User Join Date: Oct 2005 Posts: 5,913 Likes (Received): 141	oh no sorry guys wrong photolah guys that is bank of commerce site anyway its slow also!

March 13th, 2006, 11:33 AM	#304
choon Registered User Join Date: Mar 2003 Location: Subang Posts: 1,317 Likes (Received): 6	Probably you can shout thier London office or write to the daily paper..

March 13th, 2006, 11:48 AM	#305
dengilo Registered User Join Date: Oct 2005 Posts: 5,913 Likes (Received): 141	rilexlah bro its going to oklah just be sabar!this project is sure thing ma just that the main con chicken out last minute that particular company no money one and people also not going to give them ha ha,company will come along soon enough!

March 13th, 2006, 04:50 PM	#306
James Foong Registered User Join Date: May 2005 Location: Kuala Lumpur Posts: 2,392 Likes (Received): 1	There is a glut in the construction industry by now. Its better to leave b4 too late if the money doesn't come in or keep delaying.

March 13th, 2006, 05:18 PM	#307
SEED Registered User Join Date: Oct 2002 Posts: 3,146 Likes (Received): 1	its not only ur worst nitemare Londonbased.. its ours too..

March 13th, 2006, 05:45 PM	#309
SEED Registered User Join Date: Oct 2002 Posts: 3,146 Likes (Received): 1	well.. broken dreams mah.. another in that area.. first Hyatt now this twin babe.. talkin bout 'that area'.. is that area bad feng shui or just..??

March 13th, 2006, 07:27 PM	#311
SEED Registered User Join Date: Oct 2002 Posts: 3,146 Likes (Received): 1	another classic BTS in the making..

March 14th, 2006, 01:05 AM	#312
londonbased Registered User Join Date: Dec 2005 Location: London Posts: 101 Likes (Received): 0	anymore buyers where I can share the pain? what about other development? any other same experience? from my obsevation, other development close to KLCC taking shape very quickly. may be if they move central Park to the area of KLCC ,then will take bit quicker.

March 14th, 2006, 08:24 AM	#314
SEED Registered User Join Date: Oct 2002 Posts: 3,146 Likes (Received): 1	well.. that does'nt sound that good.. i think it'll take a while till we can see some action goin on there.. if those companies r havin a financial problems.. like Baq said.. it'll be like BTS.. hope not..

March 14th, 2006, 09:33 AM	#315
dengilo Registered User Join Date: Oct 2005 Posts: 5,913 Likes (Received): 141	ha ya u guys dont understand how rich people make moneylah!they always use other people money ma ah ya uncle vincent been in this business ah long enough to take advantage of the situation!i am so sure there a story behind this particular project. for all we know foundation work and sub basement done still not pay yet ha ha!it was suppose to be JV project between UEM and BAUER! but one thing for sure this project will somehow be completed sooner or later we just see who "s the sucker this time!

March 14th, 2006, 05:39 PM	#316
James Foong Registered User Join Date: May 2005 Location: Kuala Lumpur Posts: 2,392 Likes (Received): 1	yup, there is no quarantee that once progress work is done, payment ll be made in time by the client or main contractor. At times, such outstanding sum can be written off in the end, resulting the contractor which initially spend on the work but receiving zero payment claim! This is the norm of everywhere in our construction scene. Such situation is so bad especially after the post 97 recession until now. So, uem and bauer early pull out is a wise move although they may not receiving full payment.., as instead of building it up 45 storey n keeps accumulating the unclaimed sum.

March 15th, 2006, 02:02 PM	#318
andyf Registered User Join Date: Oct 2003 Posts: 118 Likes (Received): 0	Hi londonbased I'm in KL during April. I got a meeting arranged with Berjaya on some other matter. I'll knock them up for some info. If you want me to enquire on and not let the whole world know PM me. Has your money left the London agents yet? They may well be liable under uk law / trading. Andy

March 19th, 2006, 03:00 PM	#320
choon Registered User Join Date: Mar 2003 Location: Subang Posts: 1,317 Likes (Received): 6	All pics taken on 19.03.2006 Totally like abondoned city...quite and dun even see a guy there!!! Park View finishing very soon..how about Central Park?????