Tuesday, February 21, 2012

Sigh - After a long break

Its moving again. I ran out of money and my housing loan was stuck because of variety of reasons.  The lawyer, even thought nominated by the Bank was inexperienced in such transactions. They are more familiar with a developer environment than a customer building your own.  A key sticking point was the requirement for the contractor to sign an undertaking to return the money if he abandoned the project.  The contractor refused to sign as he and I thought it meant not meeting the schedule.  The contractor also took advantage of Chinese New Year to divert his workers to a more urgent job.  Then their contracts ran out (they are all Indonesians) and he had to get new ones.  So 2 weeks ago, they restarted work.  Pictures below show a sequence where the trusses are being assembled.  By the end of this week, the trusses would have been completed (2 weeks) and the kliplock roof will start to go on.

2 comments:

  1. great progress, what type of roof it going to be?

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  2. Which bank? Is it include land cost with construction cost loan package? Thanks

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