“Some just pack up and flee after not paying rental for a few months.”
Located along the Gurney drive promenade in George Town, Ascott Gurney Penang has 37 storeys comprising 250 luxury studio apartments and two-bedroom apartments that will be exquisitely designed by award-winning interior designer Kian Liew.
If the developers feel that they cannot complete their project within, say 36 months, HBA's advice is simple: get out of the industry and let someone else who is more capable to take over your project."
Seberang Perai Tengah District Police chief ACP Nik Ros Azhan Nik Abdul Hamid said the victim was said to have climbed the balcony because he wanted to go in through the kitchen door before slipping and falling face down on the ground floor of the apartment.
According to Khalid, as of today, 40% of the 5,359 registered landowners had filled up and sent back the development plan feedback forms.
"There was no application to ratify the investment approval by FIC board member during the meeting of the Felda Board."
“Housing developments are getting more sophisticated these days with concepts such as mixed-use and integrated schemes that perhaps require longer construction time.”
Without government intervention and credit support, “developers will have to deal with the consequences of their investment decisions.”