Monoland Corp
How their buildings read
2 poor
Outcomes still vary building by building. Check the building, not the brochure.
What we found
A 2010 blog post by a buyer of a Titiwangsa Sentral unit describes the developer's sales of that project as fully sold to insiders and associates, and a commenter's claim that Monoland's Penang projects were delivered on time is anecdotal and not verified.
The evidence
Delivery
A PropCafe review describes Monoland's sales approach for its Titiwangsa Sentral project, requiring buyers to sign an SPA within 24 hours and pay 10% without loan approval, and reports that it had no launches for almost three years before Vortex.
Corporate continuity
A company profile aggregator reports the entity was incorporated in 2008 under registration 838839X, now carrying number 200801037496, with listed activities of general trading, land and property investment and investment holding.
One more finding
A second business-data site lists the same registration numbers and 2008 incorporation date, with the same activity classification, and shows the company as still registered.
