Saturday, December 2, 2006

Want to live next to a sewage pond?

Think. If you yourself cannot tahan the smell of sewage in the air, do you think the students of SEGi college will want to rent your apartment to stay there?

COVA VILLA is built right next to an oxidation pond. It will become dirty, smelly and a breeding ground for mosquitoes and other horrible insects. To maintain the value of your property, and to ensure you get tenants to stay there, the pond must be well maintained and kept clean. You either have to pay through your nose for the maintenance, or the developer will have to be very good at upkeeping the place. But will they? What's their track record like?

For your own good, please check on the background of the developer. Do they maintain and manage their properties well? Check up on Summit Shopping Complex at Subang USJ. Talk to the shop owners and tenants there. Check on South City Plaza at Seri Kembangan also. Other properties can be found on my "MEDA INC BHD" blog.

PHARMA EXEL SDN BHD and ANDAMAN GROUP SDN BHD both belong to the same owners of MEDA INC BHD. To find out more about them, go here and here.

Here are some quotes from the 12 December 2005 report in The Star titled "Assemblyman, council endorse builder's new proposal":

QUOTE:
"Mokhtar said the place was in reality a secondary jungle with the lake being dirty as it was contaminated by the nearby IWK sewage treatment facility. The developer will be upgrading the drains around the area to prevent effluent from IWK to seep into the lake," he said.

Can you trust the developer?

The report is here: