Under HDA, developer is not supposed to deduct or forfeit the deposit except for the admin fee which is stated on the booking form and signed and agreed by the purchasers

But this is SOVO, commercial and not protected under HDA

So SDB has the legal right to forfeit the RM10k deposit

I visited both galleries, let's just say I spent a WHOLE 10 minutes in Mah Sing's and then left immediately. That development has NO SOUL, no wow factor, just pure Chinaman run-of-the mill development.

But hey, every segment's got their market and fansi. Just today Mah Sing announced a jump in net profit yet again.

There are 2 blocks - one being Service Apartment (to be launched next year), and the current launch with is SOVO. Serviced apartment will be launched at RM800psf - but who knows this might trend down due to the slow down in the market. Both SOVO and Serviced Apartments share the same facilities, and has 3-tiered access, almost like another service apartment.

You need to check out the concept to be able to appreciate the value in this. Compared to Mahsing, you can see this is not another run of the mill development. For instance, SDB has engaged London-based firm CarverHaggard (http://carverhaggard.com/) for The Hub as well as SqWhere, as the architect as well. These are some of their works for SDB in Singapore and would expect the same concept here:-

As for SOVO can stay or not - the House Rules, ie DMC does not state that you can't stay overnight. So again, grey area.

It's always been a grey area even for so call purely residential. Strictly speaking, if it's residential, by right it's only for residential activities. Still people are use that to reply emails, work from home, calling clients from home, faxing from home. By right all this activities is prohibited in purely residential since it is clearly a business or commercial activities where taxes and utilities fees should be higher. Have u ever seen official raid into house due to this reasons?
Same case for soxo, it's going to be flexible use where no one can stop you putting a beds in your working place. Just the same as no one will stop you putting a fax machines at home.
Even some owners now are using third condo, house whatever purely residential title for airbnb. Does it legal? Strictly its not , cause you are delivering income from renting out as short term. Just like hotel, hostel which are operating as commercial. In fact this are violating the laws more than an office mix use as residential. Don't forget, soxo owners are paying commercial rates which is higher for taxes and utilities. So what's the fuss and issues if owners want to use it for mix use?
Those pure residential that use to do commercially activities is the one that violating the laws.

Think it has VPed. Not too many units up for rent and sale. Will this be a DSara sentral 2?