QUOTE(energy @ Dec 14 2014, 12:39 PM)
Developer are trying their luck with earlier parcel purchasers by saying that they got housing ministry extension from 36 to 42 months. Probably trying to minimize liquidated acertained damages (lad).
Housing ministry is not a party in the S&P though. Who is going to bear the lad? Housing Ministry? What if buyers pay late 6 months and get 'Surat sokongan' from political parties? Can buyers get away with that?
Please comment and advice.
Housing ministry is not a party in the S&P though. Who is going to bear the lad? Housing Ministry? What if buyers pay late 6 months and get 'Surat sokongan' from political parties? Can buyers get away with that?
Please comment and advice.
Dec 14 2014, 09:36 PM

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