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[CAN] Re: New Mayfield | 41-61m | 11-17lvls | Mixed Use
Posted: Sat Jun 27, 2015 8:44 pm
by langrissa
boony87 wrote:Can some clarify something and let me know if this is right?
Sturt land are the owner of the site & is where purchasers have deposits too?
Tagara is the developer who has been subcontracted to complete the work?
Sturt land still retains the deposits in a trust account not accessible to any legal proceedings?
As tagara has gone into liquidation will Sturt land just find another developer to complete the rest of the project?
As an owner of a stage 1 apartment I really feel sorry about the contractors who haven't been paid. Reading into it further, it seems to be a common theme in off the plan buildings.
The comment is incorrect and unfounded, subbies not getting paid has NOTHING to do with off plan sales
[CAN] Re: New Mayfield | 41-61m | 11-17lvls | Mixed Use
Posted: Sun Jun 28, 2015 5:26 pm
by jk1237
I noticed Woods Bagot signs on the fences as I rode past today. Does this mean anything?
[CAN] Re: New Mayfield | 41-61m | 11-17lvls | Mixed Use
Posted: Sun Jun 28, 2015 6:27 pm
by Ben
jk1237 wrote:I noticed Woods Bagot signs on the fences as I rode past today. Does this mean anything?
That's the architect
[CAN] Re: New Mayfield | 41-61m | 11-17lvls | Mixed Use
Posted: Mon Jun 29, 2015 8:01 am
by Pikey
According to a MBA rep on FiveAA this morning, a new builder has already been appointed and will be announced today. I'd say that suggests that the developers knew of the predicament that Tagara were in for some time...
[CAN] Re: New Mayfield | 41-61m | 11-17lvls | Mixed Use
Posted: Wed Jul 08, 2015 12:00 pm
by langrissa
Apartments for Stage 2 have been released and their website have been updated
[CAN] Re: New Mayfield | 41-61m | 11-17lvls | Mixed Use
Posted: Thu Jul 09, 2015 5:41 pm
by ghs
They're advertising this on the radio all the time, unfortunately
I think it will be a month or two before we see work progressing
again.
[CAN] Re: New Mayfield | 41-61m | 11-17lvls | Mixed Use
Posted: Fri Jul 10, 2015 7:53 pm
by rev
So whose the new builder?
[CAN] Re: New Mayfield | 41-61m | 11-17lvls | Mixed Use
Posted: Fri Jul 10, 2015 7:58 pm
by Jaymz
rev wrote:So whose the new builder?
Watpac
[CAN] Re: New Mayfield | 41-61m | 11-17lvls | Mixed Use
Posted: Fri Jul 10, 2015 10:37 pm
by ghs
I checked the asx announcements for Watpac and no
announcement at this stage.
[CAN] Re: New Mayfield | 41-61m | 11-17lvls | Mixed Use
Posted: Sat Jul 11, 2015 12:51 am
by Jaymz
ghs wrote:I checked the asx announcements for Watpac and no
announcement at this stage.
I can assure you, as a purchaser of an apartment in New Mayfield long ago, that Watpac has been appointed the new builder of this development.
[CAN] Re: New Mayfield | 41-61m | 11-17lvls | Mixed Use
Posted: Sat Jul 11, 2015 12:07 pm
by rev
ghs wrote:I checked the asx announcements for Watpac and no
announcement at this stage.
Do they have to announce to the ASX every project?
[CAN] Re: New Mayfield | 41-61m | 11-17lvls | Mixed Use
Posted: Sun Jul 12, 2015 8:24 pm
by Ben
rev wrote:ghs wrote:I checked the asx announcements for Watpac and no
announcement at this stage.
Do they have to announce to the ASX every project?
Of significance yes otherwise insider trading. I doubt a contract has been signed if it hasn't been announced. This project is massive.
[CAN] Re: New Mayfield | 41-61m | 11-17lvls | Mixed Use
Posted: Mon Jul 13, 2015 10:09 am
by monotonehell
Ben wrote:rev wrote:ghs wrote:I checked the asx announcements for Watpac and no
announcement at this stage.
Do they have to announce to the ASX every project?
Of significance yes otherwise insider trading. I doubt a contract has been signed if it hasn't been announced. This project is massive.
Probably scrambling to spec it, half done jobs require a lot of examination to see how far things
really are.
[CAN] Re: New Mayfield | 41-61m | 11-17lvls | Mixed Use
Posted: Thu Jul 16, 2015 10:51 am
by Dvious
A few workers back on site today, and a couple of trucks too. A couple of blokes appeared to be putting up a sign out front of some sort.
[CAN] Re: New Mayfield | 41-61m | 11-17lvls | Mixed Use
Posted: Tue Jul 21, 2015 12:15 pm
by Pikey
Here's all the confirmation needed.
That new fence extends around the entire site too.