Hey guys,

Here is the problem...
one years ago on 2014 Feb.
We pay a Rm10K booking fees on a newly launched property in Penang.
The agent explained to us it is a COMMERCIAL title apartment and to be finished by 2018.
and there would be NO 6% GST incurred on top of house's price.

We applied loan and signed loan offer letter from Maybank.

After 1 years, we are informed to sign the S&P.
It catch us surprise:
1) The property is delay to 2020 to be finish
2) There will be 6% GST to be charged on top of house price
3) This project haven't got approval from government

When we ask to cancel our booking due to false advertised to this project. we have been informed only could claim back 50% of booking fees. Besides, we will have to pay a penalty to Maybank to cancel the loan offer as well.

This i my first house and do no have much idea to handle this problem
Any wise man could give us some advice?