QUOTE(The Jedi @ Feb 1 2016, 09:39 AM)
If MRT station is nearby and walkable, then congrats to Henge buyers
Thanks. Just signed S&P today. Federal day....easy to remember. Is anyone knows when is the exact day stamping in March? Because cannot get one copy for own keep yet as developer haven't signed it yet. Did you guys taken already your S&P?
Btw, did u guys has this issue that something changed in the S&P where I think the developer trying to protect themselves, so, they put this clauses 'Vacant Possesion of the said "Parcel" shall be delivered to the the Purchaser in the manner stipulation in clause 27 within fifty four (54) months from the date of this Agreement.'
Is that mean developer need not compensate us within this period should they haven't completed the entire project or my block or whole facilities? I thought standard one for condo is 36 months? Like that they can on hold until 2020 or 2021??? Instead of June 2019 as mentioned by the agent previously? Anyone realise about this? How about those initial buyers on last year August? Do you guys face have this clause stated as well?
The agent told me for project above 35floors they will have this kind of "Black & white" since last time many developers kena penalty already. So, this is the priviledge given by DBKL to the developer. Plus, logic also, he told me that the higher the floor being built the more fees developer need to bear the cost of moving the "Hand Of God" to upper floor. Thus, developer will try to finish the project asap. Even though sometimes the sales agent mouth cannot be trust at all.
I bought the house is for own staying not invest...if hv to wait that long then I hv to plan late marry only can move in then. Can someone advise?
This post has been edited by uncle08: Feb 1 2016, 11:45 PM