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Thread: Sycamore tree

  1. #71
    Ultimate Underdog
    Join Date
    May 2012
    Posts
    3,763

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    Try to seek some legal recourse or check through CASE to see what options avail.

    Hope for the best.
    The three laws of Kelonguni:

    Where there is kelong, there is guni.
    No kelong no guni.
    More kelong = more guni.


  2. #72

    Default

    Hi Shellsox.i bought a unit there. Would appreciate some clarity. Thank you.


  3. #73

    Default

    Quote Originally Posted by shellshox View Post
    Hi, there is a class action suit going on against the developer of this condo. If you have bought or know anyone who bought a unit there, please contact me through PM to discuss further action that can be taken. I may have to ask some details, but just to ensure you are a genuine purchaser. The developers are apparently financially in the red. I can't disclose more but a lawyer firm has been engaged to seek recourse. Please help spread the message, thank you.
    Hi Shellsox, I am a genuine purchaser. I am very concerned about the property. Do you have any updates? Thank you 🙂


  4. #74

    Default

    agents are still hawking units in this development.


  5. #75

    Default

    Hi,

    The TOP has been delayed twice and the development isn't seems to be progressing. Any plans or actions are the home owners planning to do?


  6. #76

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    Home owners should take legal action. peoples invest all the money of their hard earning in owners cheat them, It is not good.


  7. #77
    Valued Contributor
    Join Date
    Nov 2008
    Posts
    2,351

    Default

    That is why I only buy from reputable developers. I will never buy from developers which I have not heard of before. I rather pay a bit more than to lose everything.


  8. #78

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    I prefer to buy resale, can touchy touchy and instant do up the unit and rent


  9. #79
    Valued Contributor
    Join Date
    Nov 2008
    Posts
    2,351

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    But resale got to pay more lor. Still better than ending up with nothing I guess. I heard from my agent friends that banks are asking for top ups because the units have missed the TOP date and there is significant risk to their balance sheets. In the region of 5 to 10%. I am not sure how true this is since full loan has not been disbursed yet. Any owners can verify this piece of news?


    Quote Originally Posted by jwong71 View Post
    I prefer to buy resale, can touchy touchy and instant do up the unit and rent


  10. #80

    Default

    Quote Originally Posted by thomastansb View Post
    But resale got to pay more lor. Still better than ending up with nothing I guess. I heard from my agent friends that banks are asking for top ups because the units have missed the TOP date and there is significant risk to their balance sheets. In the region of 5 to 10%. I am not sure how true this is since full loan has not been disbursed yet. Any owners can verify this piece of news?
    Not necessary pay more. And developers already priced in future pricing as launch prices.


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