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 Arcoris Mont' Kiara, by UEM Sunrise Berhad

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Win Win Inspiration
post May 15 2017, 05:23 PM

Look at all my stars!!
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Senior Member
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QUOTE(j0hn____ @ Mar 31 2017, 11:04 PM)
tonight ~
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Wow. Just wow.
Win Win Inspiration
post May 15 2017, 05:23 PM

Look at all my stars!!
*******
Senior Member
2,724 posts

Joined: Nov 2012


QUOTE(12Digit @ Feb 16 2017, 10:20 AM)
should be end of the year can vp , this project already been delay long long time. Owner should be very happy after complete will receive lot of LAD
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What is LAD?
Win Win Inspiration
post May 16 2017, 10:24 AM

Look at all my stars!!
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Senior Member
2,724 posts

Joined: Nov 2012


QUOTE(gOdPaPa @ May 16 2017, 10:18 AM)
LAD stand for Liquidated Ascertained Damages, which is for the delay in completion of the development. Developer have to compensate to the buyer if they cant complete on time as stated in the SPA.

This is from what i understand lah..Any sifu to add on ?
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Thank you for the clarity you provided. smile.gif
How do the developers calculate the LAD?

 

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