ssabah
New Member
Each purchaser should receive an amendment to the APS irrespective of when they purchased as they will have to amend the occupancy dates but the question is when will that happen?
Each purchaser should receive an amendment to the APS irrespective of when they purchased as they will have to amend the occupancy dates but the question is when will that happen?I don’t know. Our price would be more or less same as their price. Why do they have to bother about the contracts from 2022. They don’t even think about the buyers from 2022. Their concern is only for buyers from 2017-18.
My point: They won’t care about buyers. They would only think about profits. Let’s wait see. But for me. What ever the price it may be. I am out. So I don’t care about new contract.
My First Tentative Occupancy date was October 28th, 2024 and Notice period to advise delays was July 30th, 2024. So what is the penalty to the Vendor in this case?I dont think so, they only mentioned to amended purchasers who are below the current prices.
They can update their tentative occupancy date any number of time as long as it falls under your outside occupancy date. What is your outside occupancy date? Amendment will happen if there is any change in the outside occupancy date. There is no amendment for change in tentative occupancy dates, it will be just an email notification.My First Tentative Occupancy date was October 28th, 2024 and Notice period to advise delays was July 30th, 2024. So what is the penalty to the Vendor in this case?
Let us know what type of reply you get? We should bombard him with e mailsI emailed Martin dude to just give my deposits, don’t even offer me amended aps lol.
Also asked when we can get amended aps and when we can deposits back.
They must have the timeframe in mind, they’re just not saying.
Just the usual, copy and paste reply.Let us know what type of reply you get? We should bombard him with e mails
What’s the worst they could do? Take away properties? Already did that.Just the usual, copy and paste reply.
Being nice and patient isn’t helping. We might as well be assholes and impatient. Yes we should absolutely bombard them!
Everyone on this thread should be emailing for their amended aps and when we can receive o deposits back, every 3-5 days.
What e mail did you use.What’s the worst they could do? Take away properties? Already did that.
Make us wait forever for our deposits? Already did that.
They are in this for themselves. It wouldn’t hurt for us to demonstrate a bit of animosity and anger towards them…
What e mail did you use.
What e mail did you use.
My outside occupancy date is still unchanged and shows March 13th, 2026. So are you saying that only those who receive an amended APS have a choice whether or not to opt out of the project?They can update their tentative occupancy date any number of time as long as it falls under your outside occupancy date. What is your outside occupancy date? Amendment will happen if there is any change in the outside occupancy date. There is no amendment for change in tentative occupancy dates, it will be just an email notification.
For eg: in my case first tentative occupancy date was Dec, 2020, when I signed contract. Later on they changed that dates so many time, I lost count of that. But my outside occupancy date is April 2025. They can't complete the project before that. Hence they need to amend this outside occupancy date for my agreement. When they do that, we have choice to get out of the project or stay with the latest outside occupancy date.
So how can purchaser's who don't receive an amended APS get their deposit back? They would be better off if they gave us back our deposits with interest and then re-sold the units at whatever is the current market pricing according to them. It is such a waste of time trying to get people to pay more money for the units after so many years. It is so unfair and we can't do a thing about it.I dont think so, they only mentioned to amended purchasers who are below the current prices.
Yes, only those who receive amend APS will have an option to opt out. and it will be for the buyers with outside occupancy date april, 2025. For your case, if they decide, they can't finish construction before March, 2026. They would amend your agreement also. I think, now their firs priority is for the buyers with occupancy date april, 2025.My outside occupancy date is still unchanged and shows March 13th, 2026. So are you saying that only those who receive an amended APS have a choice whether or not to opt out of the project?
So how can purchaser's who don't receive an amended APS get their deposit back?
We can’t say new buyers won’t buy this project. Their new outside occupancy date would be 2028. Now the market is down. Anything may happen in 4 years. Also for sales and marketing they would hire a vendorKSV is valuation experts, ELM construction experts. None of them are marketing and sales pricing experts. If they use the current pricing rates, nun of the existing customers will be buying and no new prospective customers will consider this distressed project. They may have to abundant uptown project altogether. That will be a lesson to learn for both of them.