#1 Property Info in Malaysia

Can you stop doing construction work at 12 midnigh...

2012-02-18T00:35:18.379+08:00

Can you stop doing construction work at 12 midnight. I couldn't sleep and now is 12.34am. Your construction noise is disturbing our sleep. Please STOP IT!!!!

hi all Any progress or updates that you would lik...

2012-02-16T12:30:12.566+08:00

hi all

Any progress or updates that you would like to share.

Hi, My fren and I purchased unit too . We were u...

2012-02-14T21:26:51.027+08:00

Hi,

My fren and I purchased unit too . We were unhappy ith their arrangment too and also facing same loan problems and the developer want us to get loan from them at 6%, but as anonymous reviewed thru banker that it' s more worth than get loan from bank ?? Pls advice.

hai..i also one of victim.I want cancel my unit.Bu...

2012-02-07T23:02:56.052+08:00

hai..i also one of victim.I want cancel my unit.But they said cannot because i already sign S&P. i argee that we make complaint to Pengguna Tribunal. How abt 9 feb 12. Anyone agree?

Been to Tesco Setia Alam and the investment seems ...

2012-02-06T20:51:48.370+08:00

Been to Tesco Setia Alam and the investment seems to good to be true. Luckily I read this site. Many thanks for your inputs. I have just turned my head around against this project. Kim.

Hi all, I did called them. The lady told me that ...

2012-02-02T23:44:18.741+08:00

Hi all,

I did called them. The lady told me that our unit is not for residential. Hence, is not under they care. Is it true ?

Hi all, Has anyone made complaint to Pengguna Tri...

2012-02-02T01:57:49.432+08:00

Hi all,

Has anyone made complaint to Pengguna Tribunal? Any feedback from them?

I agree we should go to make complaint together. I suggest we go Pengguna Tribunal on 09FEB12, morning 10 - 10.30am.

What say you?

Anymore unit available and what is the price now?

2012-02-01T16:17:20.284+08:00

Anymore unit available and what is the price now?

i suggest we go to the office together

2012-01-20T10:57:06.030+08:00

i suggest we go to the office together

Hi, Who is the SA that is so kind to you ? I wann...

2012-01-14T21:15:11.072+08:00

Hi,

Who is the SA that is so kind to you ? I wanna cancel my unit and let her gain extra commission but she refuse, don't allow me to cancel my unit.

Anyway, my SA is the WORSE SA. Everything you ask also she don't know.. :(

Hi all, Did the SA prove to you that the credit f...

2012-01-14T15:06:22.688+08:00

Hi all,

Did the SA prove to you that the credit firm is owned by the same persons ? I have no confidence at all on the 'story' that told by them.

what will happen if the project stop after collected our 20% downpayment ? It is a loss to us even there will be no liability to the credit firm.

Hi all, I am also one of the buyer that previously...

2012-01-14T08:03:41.150+08:00

Hi all,
I am also one of the buyer that previously bought from this developer. My friends and I also encounter the problem of not being able to apply loan. The difference between our situation and your situation is that not all of our loan got rejected due to loan quota full. Most of my friends got rejected because of their own CCRIS problem which is unfortunately true. I do not know how far is my experience true, the SA do not seem to be giving up on us (as we seems unlikely to be able to proceed with the purchase due to our financial condition) but instead, the SA willing to hold our unit (which is located at strategic location and furthermore, the price already twenty thousand more expensive than the price I previously bought) and keep our cases in view till the credit firm is formed. From my understanding, if the SA were to cancel my purchase and to sell it again with higher price, the SA would already be able to collect higher commission by now. Buyer having loan under their credit firm do not need to pay for any interest until the completion of the project. The SA also explained that the developer has no intention to earn more money from releasing loan from their credit firm at all as the rate they charge is 6% fixed throughout the term and the interest is barely sufficient to support the loan approving process which then proven by my banker. My banker calculated everything for me and the result is as explained because we do not have to pay installment nor interest during construction period which make the amount paid under OCBC bank loan throughout the loan term almost the same as loan released by the credit firm. As for what we discussed above, we do not have to afraid bearing any risk if we were to accept the loan offer by the credit firm as the developer and the owner of the credit firm is the same person. If the project were to stop half way, all the buyer getting loan from the credit firm will not have to make any further payment as the developer and the credit firm owner is the same person. Therefore, my banker told me that this is actually a much better deal than those offered by other banks because this loan do not take into account the inflation rate. As told by my banker, the inflation rate in Malaysia is around 3% yearly.

Hi, Who did you complaining to ? What are their c...

2012-01-12T20:24:27.026+08:00

Hi,

Who did you complaining to ? What are their comments ?

I will go there next week.

Hi all, I am also a victim that fall prey to this ...

2012-01-12T01:50:12.386+08:00

Hi all,
I am also a victim that fall prey to this nicely packaged investment trap. The sweet talk by their Sales Agent had never keep their promise. Firstly, they never get approval from a Bank and simply told the purchaser that Alliance Bank is their end financier. They even told me they would refund if never get loan approved from a Bank.

Now, they are telling diff story abt bank's quota full, and they have their own credit company which simply wana make profit by forcing the purchaser to take up loan with higher interest rate. They will not refund the 3k deposit anyway.

I just made my complaint to Pengguna Tribunal, they advise me to bring all related documents including the official receipts to them. Their office located in 16th floor, "The Mall" shopping complex, opposite PWTC. Office hour 8am to 5pm, Mon - Fri.

hi, Have you call the Pengguna Tribunal ? Can the...

2012-01-11T20:52:17.498+08:00

hi,

Have you call the Pengguna Tribunal ? Can they help ?

I did complaint to Housing Developers Association, but unfortunately they informed me to look for own lawyer. Think the lawyer fees will be higher than my downpayment.

Any advice ?

ANONYMOUS January 11,2012 2:40 PM Hi Cheated Pur...

2012-01-11T15:00:28.725+08:00

ANONYMOUS

January 11,2012 2:40 PM

Hi Cheated Purchaser,

I'm having the same situation as you. I also could not get bank loan. Million Wong said Mr. Foo Chee Kean has formed a credit company to give loan to those who could not get bank loan. But the interest is much higher than bank. She said if we did not accept their offer we would not be able to claim back our deposit. As such, I am going to complain to Pengguna Tribunal about this. You also can call this number 03-40424181 if you want to make a complaint of you problem. Let us join together to claim back our deposit.

Any idea when Cassia Terrace's CF will be issu...

2012-01-09T21:02:44.410+08:00

Any idea when Cassia Terrace's CF will be issued?
the last time I saw, they were almost finishing phase 3. phase 1,2 looks quite complete already.

any advice which department should refer to for ma...

2012-01-05T21:46:53.223+08:00

any advice which department should refer to for making a complaint to claim back deposit ??

dont believe the SA they will tell you many excuse...

2012-01-04T00:13:21.784+08:00

dont believe the SA they will tell you many excuses.. to do not buy from this project.. i advised strongly

The SA telling me that they will re-applying to OC...

2012-01-03T14:37:12.618+08:00

The SA telling me that they will re-applying to OCBC bank as OCBC did not keep their promise by reducing to the agreed quota. They only provide 10% quota instead of 30%

any updates so far? i am still waiting reply from ...

2012-01-01T11:25:29.095+08:00

any updates so far? i am still waiting reply from developer. Seem nothing can do now.All the bank rejected my loan:(

Hi Cheated Purchaser, I'm having same situati...

2011-12-22T20:14:10.985+08:00

Hi Cheated Purchaser,

I'm having same situation as you. Cheated by Million Wong and Mr Foo's son Foo Chee Kean. What they said cannot be truested!!

How's your unit now ? Any advise how to get back the 10% downpayment ?

Masa Handal is also the contractor that built Tama...

2011-12-22T19:06:01.377+08:00

Masa Handal is also the contractor that built Taman Kampar Perdana. Do not think that they have any bad intention. Possibility the take up rate may be slow?. Not sure about the Demand & Supply, whether they be glut when SOHO units are completed.

i bought a unit 72k and now having difficulty to h...

2011-12-21T00:51:50.625+08:00

i bought a unit 72k and now having difficulty to have loan. Their appointed bank ocbc loan is full of quota :(.The sales agent didn't inform clearly there is quota and SOHO will be very hard to get loan.I got ask 90 percent bank which they rejected coz the developer dont have name of project listed in their system.

Now i am lost where to get money to pay cash worst case.

Is that near to the Kajang town which have flood r...

2011-12-12T03:23:14.123+08:00

Is that near to the Kajang town which have flood recently?