QUOTE(nookie188 @ Mar 17 2016, 08:58 PM)
extremely risky especially if under non HDA as the developer and lawyer can make the SPA
as one sided as they want to... established developers usually do not want to tarnish their repute
so they are less likely to cheat buyers but MEH does not seem to be in that category.
taking these cheapskate "free SPA" will always lose out, depend more or less only, based on my twice experience bought properties in KL.
Because the lawyer "represent" both seller (developer) and buyers, conflict of interest. (this is NOT ALLOWED in UK, where I am living now, buyer, and seller must have TWO different Law firm to represent them). Cases in Msia, anything happen, lawyer will always side the Developer. from very small issue like retention sump, snagging, to big case like this Empire City.
So don't be cheap skate and appoint own lawyer for buying property, but the thing is, any SPA drafted by developer's lawyer, usually do not accept any negotiation of omit of any clause, it's a take it or leave it situation. That's why law-cautious people, will rather buy sub-sell.