Guys any wa group for residence?
Emira Residence, Section 13 Shah Alam
Emira Residence, Section 13 Shah Alam
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Apr 3 2018, 08:41 AM
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#1
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Junior Member
9 posts Joined: Oct 2006 |
Guys any wa group for residence?
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Aug 24 2018, 09:52 PM
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#2
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Under the Housing Development (Control & Licensing) Act 1966, developers have to hand over the keys to house buyers within 24 to 36 months from the date of the agreement.
If a developer fails to complete and hand over the units within the prescribed time, it would have to pay the buyers liquidated ascertained damages (LAD) of 10% per annum of the purchase price. My snp date 14 August 2015 36 months lapse already. Anyone same case? |
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Aug 25 2018, 09:25 AM
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#3
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Aug 26 2018, 02:52 AM
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#4
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QUOTE(BEANCOUNTER @ Aug 25 2018, 10:33 AM) building duration set out before obtaining apdl and will be in the SPA before signing. Usually SA will tell potential buyers in advance. Thanks manit set out by dbkl originally as DBKL has transport restriction to and out of city area and to complete a mixed developments or high density project needs longer than 3 years. typically to clear land and lay foundation will take 1 yr. this leaves only 2 years to build the structure and complete the project. The appeal is different. Appeal happens when developer cant finished the project on time for varies reasons and appeal to local council for extension. However one court case ruled that its not valid between the spa signed btw developer and buyers and threw out the case. the appeal only applied btw developer and local council whoa...…... |
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Aug 26 2018, 03:00 AM
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#5
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