Tuesday, November 28, 2006

Some things you gotta know about Cova Villa


Cova Villa at Kota Damansara- built next to an oxidation pond.
Nice from far but far from nice.



Hi,

Selamat datang.

COVA VILLA is a new development in the fast-growing and hip Kota Damansara township.

There are some information which you may not be able to find on their official websites. This is the reason why I decided to set up this blog. I aLready have another 2 blogs about the people behind the COVA VILLA project.

Here are some facts:
COVA VILLA is developed by a company called PHARMA EXEL SDN BHD. Don't recognise the name?

This project is under the ANDAMAN GROUP SDN BHD. Don't remember this name?

These are very new names in the property development scene.

Both its offices are located at 18th floor of Menara Summit at Subang USJ, part of the Summit Shopping and Summit Hotel Subang USJ Complex. Sounds familiar?

These companies are owned by the same people who own MEDA INC BHD, ECOFIRST CONSOLIDATED BHD (formerly Kumpulan Emas Bhd), and SEGi, plus numerous other companies under the different Groups and their private ownership.

So before you jump in and think you're getting a fantastic deal in a COVA VILLA investment, you might want to check for more information to save yourself some heartache, headache and regrets.

One reason why anyone would develop so many properties under so many different companies and not use their mainboard listed PLCs is because every one of their past projects had not met expectations and their property management standards had not been satisfactory, thus affecting buyers' investment returns negatively. In other words, BAD REPUTATION.

Other possible reasons can be found in my WHAT YOU DON'T KNOW ABOUT MEDA INC BHD blog. Link is below, and also on the left.

You might have second thoughts about investing in the condos after you read some comments here:

http://propertymalaysia.blogsome.com/2006/07/02/cova-villa-kota-damansara/

http://propertymalaysia.blogsome.com/2006/06/09/preview-cova-villa/

For best feedback and opinion, I suggest you visit the shopowners and tenants at Summit Shopping Complex Subang USJ at Persiawaran Kewajipan, Subang USJ. Be careful though: many of them are very angry people, and they have formed an association to take legal action against the Complex management and the tricky owners because. In fact, so many people are fighting the owners - tenants, buyers, suppliers and contractors. Do you want to be among them?

Here is the link to my blog WHAT YOU DON'T KNOW ABOUT MEDA INC BHD:
http://what-you-dont-know-about-meda-inc.blogspot.com

A news report to show that THE COVA and COVA VILLA are under ANDAMAN GROUP SDN BHD:
http://star-space.com/news/story.asp?file=/2006/7/24/propertynews/14906615&sec=propertynews

The developer PHARMA EXEL: http://www.iproperty.com.my/property/development.asp?pid=798&nav=t

Have you heard that the COVA VILLA is actually next to an oxidation pond?? Kena dengue fever susah!

2 comments:

gooblog said...

anyone knows the about the latest work in progress with the cova villa? Wonder if it's true that the cova properties are actually all sold.

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