Sinaran TTDI - Stalled?
Sinaran TTDI by UDA Holdings was launched back in mid 2006 with really good sales results. About 30% of the units were sold during the launch day itself. Quite impressive I must say, understandbly this is probably due to the fact that there aren’t many other new high-rise condominiums (other than the TTDI residence) in the matured and affluent TTDI neighborhood. Up till now, the units are all fully sold-out, as you can see from the big wordings plastered on the showroom doors at the site. However, there hasn’t been any visible construction progress since early this year.
A site check yesterday (14th July 2008) reveals quite a scary sight. There is no work at the site, without any machinery or any workers present at all. The development is reported to be completed in mid 2009, and I must say that is highly impossible. A call to the headquarters, I was told the date of expected completion would be Q3 of 2009. Don’t think that’s possible either.
This bring me to wonder if the site is actually jinxed. For those who have stayed in TTDI would know that the site that Sinaran TTDI is supposed to be built has had a string of bad history. Many developments that were carried out never had it going. It used to be a club house, but that didn’t last long and it was abandoned for quite some time, and then later revived as a mamak hangout. That didn’t last long either. Let’s not hope this will be yet another abandoned project.
UDA Holdings is also the developers for Gaya Bangsar, another high-selling project in Bangsar.
Related links
Buyers snap up Gaya Bangsar units
July 15th, 2008 at 3:48 pm
Hey Kit,
I didn’t know where else i could post to get in contact with you… so i figured i leave an unrelated comment here… I’m looking for property reviewers/writiers, and i was wondering if you be interested? Do hit me back. Thanks…
September 23rd, 2008 at 11:26 pm
em, r u sure this project stalled ?
October 1st, 2008 at 10:42 am
I am sure the project is an abondon one. Just pass the site this morning, from my site construction experience, this project is in deep shit for one reason or another…..
October 19th, 2008 at 2:07 am
anyone know what happened with this project ?
October 31st, 2008 at 4:31 am
Oh dear! this is a horrible. My bf and I bought one unit each last year. Oddly, I felt that something was not right about this development and decided to check it out last saturday. And I discovered the horrifying truth! This project sure look ABANDON! I hope buyers are protected. What can/should we do?
October 31st, 2008 at 9:30 am
I just passed by the site the other day - it still looks like the same state when I visited the place in July.
Fong, since you are a buyer, I suggest that you contact them and demand for an answer. There have been unconfirmed news that they are refunding all cheques/payment. Not sure if you heard of the same?
November 14th, 2008 at 4:33 pm
I am a Sinaran purchaser who wishes to hear from other purchasers. I received a letter from UDA dated 24 Oct 08 but am still not satisfied by the absence of any restart date.
I have not heard of any refunds and I am not , at this time , seeking a refund.
I have opened a discussion topic on the National House Buyers assocation website (www.hba.org.my)under the heading Sinaran TTD work stoppage. Ed Lock , Penang
August 8th, 2009 at 5:42 pm
Hi Ed Lock,
Hope you are well. Please to inform you that construction on the site is now fast (and furious)! Please refer to the latest post on the progress taken just a few days ago. This should be a relief to you!
Cheers
September 2nd, 2009 at 9:58 am
Kit,
Thanks for your post .
I have recently moved into a (rented) apartment which overlooks the building site, and am maintaining a vigil on UDA’s progress ! However , I would like to hear from any other Sinaran purchasers, with a view to forming some sort of residents/owners association. Even if the work continues uninterrupted , other issues may arise in future where a coordinated effort by owners would benefit all of us. edlock@streamyx.com
January 7th, 2010 at 12:38 pm
Hi! Is anyone interested to sell their unit in Sinaran? I am contactable at 012-383 0282. Thanks
February 19th, 2010 at 9:53 pm
looking for sinaran unit. anybody selling?
March 16th, 2010 at 10:39 am
Hi,
Any idea whats the expected handover date of this project?
And what is the secondary price like ?
looking for a unit … im contactable at 012 337 0607
thx
March 17th, 2010 at 2:27 pm
The ‘nominal’ completion date for Sinaran is April 2011. So far , 21 floors have been completed. Have no idea what the secondary price will be like , but note that most original purchasers will be expecting cash compensation from UDA due to late completion , and may not be in a hurry to sell.
March 18th, 2010 at 2:20 pm
Would there be any issue for secondary buyer of this project?
I noticed that there was some clause that says this project is on commercial title something like that. What is the impact of such clause?
June 20th, 2010 at 11:18 pm
Anyone know what the situation on the cash compensation and who we can contact?
June 21st, 2010 at 10:25 am
Check section 9.02 of your contract . My contract says 10% per annum calculated on a day by day basis from your contracted completed date (31 Aug 2010 , in my case) to the date of delivery of vacant possession. I assume this means that we would have to pay the full amount to get our keys then await a cash payment from UDA . Of course it would simplify matters if UDA simply applied a discount to the final invoice. Nearer the time I will be checking with UDA on this, (Finance dept at Bukit Bintang HQ, 12th floor) and I suggest that other purchasers do the same . Maybe UDA themselves , in the interests of good customer communications , would like to clarify the compensation arrangements by including a note in one of their forthcoming invoices. On a brighter note , and in fairness to UDA , construction has progressed briskly since 8 April 2009 . The main structure is now complete and the penthouses are now being built on top of it.
June 26th, 2010 at 9:08 pm
Any idea what is the progress on the construction so far? I am thinking of buying a condo in TTDI area, any idea what would be the secondary price now?
July 22nd, 2010 at 4:00 pm
I am interested in a subsale on the studio unit. Anyone selling? Kindly contact me at the above email address.