Posts: 9,841
Threads: 711
Joined: Mar 2012
Reputation:
64
I'm also surprise on the 1 year warranty. IIRC, the condo I bought in 2002, the warranty was extended till 4th (5th?) year after TOP...
I do understand the pain of the condo owners, with the price they paid.
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
Posts: 775
Threads: 5
Joined: Dec 2010
Reputation:
16
> The Sail by CDL also was file with such claims. Wont be surprise in future, properties will be sold like cars.. Buy a brand new Honda you get 5 year warranty... Buy a
> luxurious condo, we get carpenter and electrician to service your house for 5 years free!
The sail was launched at $900 psf. The later buyers bought at close to $2000 psf. So the later cohort demand luxury from a $900psf condo?
> The project involved (The Coast @SentosaCove) had obtained TOP in April 2009 - that's over FOUR Years ago !!
> so complaints like "termites infestations" now in 2013 !! - probably a no case to start with,
Case or no case is not the point. The buyers are buying LUXURY condo. Launched at $1500psf in 2007 onwards. $1500 psf is high end luxury.
Even Ho Kwon Ping and Tan Cheng Bock bought, Wan Bao reported.
For a high end condo, if you are owner, would you expect the wood to be termite infested after just 4 years?
Posts: 3,724
Threads: 6
Joined: Oct 2012
Reputation:
95
Very interesting observation with investment properties vs stay-in properties. It is also evident in some Chinese townships. Dynamics change totally. Another reason why government should control investment flow and hot money.
Before you speak, listen. Before you write, think. Before you spend, earn. Before you invest, investigate. Before you criticize, wait. Before you pray, forgive. Before you quit, try. Before you retire, save. Before you die, give. –William A. Ward
Think Asset-Business-Structure (ABS)
Posts: 820
Threads: 12
Joined: Jun 2012
Reputation:
7
Eating at metropolis mcdonalds. Brisk business at mac. Great location...lots of people need to pass by every morning.
Posts: 9,841
Threads: 711
Joined: Mar 2012
Reputation:
64
(23-10-2013, 12:50 AM)mkmk Wrote: http://infopub.sgx.com/FileOpen/HBL_Pres...eID=260668
Ho Bee Investment Ltd changes name to Ho Bee Land Limited, unveils new corporate logo, and relocates headquarters to The Metropolis.
Won't affect the title of this thread though.
(not vested)
To be consistence, the name will be changed to reflect the new name.
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
Posts: 775
Threads: 5
Joined: Dec 2010
Reputation:
16
Chairman and CEO took a 40% in a chocolate business. According to an article I came across.
Wonder if he is still keen on growing his business... or more interested in getting it privatised in due course
Posts: 2,743
Threads: 23
Joined: Mar 2013
Reputation:
25
(18-12-2013, 03:42 PM)Contrarian Wrote: Chairman and CEO took a 40% in a chocolate business. According to an article I came across.
Wonder if he is still keen on growing his business... or more interested in getting it privatised in due course
interesting..which chocolate business?? Cocoa Trees??
"... but quitting while you're ahead is not the same as quitting." - Quote from the movie American Gangster