The project is temporary stop due to only 174 purchasers have settled the top-up sum. It is because of this it cannot be completed by February 2012 which FH is given 18 months for Kamuja to complete it. It is confirm and guarantee during the meeting that there will be no more top-up sum incurred and this project must be completed and will not be abandon due -to the undertaking letter which FH has given to the banks and our end-financier.
At this moment Kamuja is applying a loan from Affin-bank to finance and to complete this project by not waiting for the rest of the purchasers to-up sum. By next week we will know whether the loan will be approved or not but FH will have another plan B if this loan is not obtain.Well for your info we are giving FH to settle this issue at the soonest possible because the project site cannot be stopped for too long.The loan from Affin Bank is secured by 76 units of bukit pandan condo that are terminated. We committee are giving FH to resume back the site work by 15th May 2012. The market value of our condo is RM230,000-00 from the valuation report.
We committee will arrange another meeting soon with FH and the Contractor but please be patient with us ! we are trying our best to solve all this problem and I understand the frustration, anger and bitterness all of you guys are going through…….GOD KNOWS AND HE UNDERSTAND …..AND HE WILL NEVER FAILS HIS CHILDREN ………PLEASE DO NOT GIVE UP….PRAY…..