Alright, Thanks for the response, I manage to get it to 3.1.1.0 by reinstalling a fresh new copy from the first post.
Strangely, I first tried installing it without uninstalling the already installed copy, but same issue happen it keeps asking me to update the player.
I also noticed Lyrics Creator, Visual Studio, React Pad & Poly Ring is shown not installed in system information despite having selected them all.
I can even select them in one of the options and open visual studio. Do keep in mind during uninstall of player I kept the personal data stuff which prompt me to save maybe it has something to do with that.