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 Developer Foul Play On LAD, LAD

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Chris Chew
post Mar 26 2015, 10:53 AM

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QUOTE(whyang80 @ Mar 26 2015, 10:40 AM)
I blasted back at them today. They informed last time when we bought that time , they already gave out discounts to us so it's fair to calculate based on Nett Price. I blasted back that then you should changed your S&P. I bought with discounts and never expect to have 5 months delay and that i have to fork out interest for the last 5 months because DIBS has expired. I hope everyone will share this information to everyone to be aware of this developer MCT. Look at their FB website..everything seems so nice from the outside. It's actually shitty inside. Hokkien ppl called it " Chao Ka" - Kaki Busuk. Wish everyone share this information out to all. Thanks

I will go to Tribunal
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Bro, is the dev willing to pay full 5 mths late charges based on discount price ?

If it is, then I advise u to take it. Else, legal process delay longer and u have to pay legal charges and the processing period also unable to get the key while paying the full bank installments. Not advantage as a buyer.

Btw, I feel its fair if they give LPI based on discounted price since that was the actual purchase price. If it reflected into the S&P, then all purchasers kenot pay 2% and enjoy 8% disc while obtained 90% loan dy.

Chris Chew
post Mar 26 2015, 11:04 AM

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QUOTE(whyang80 @ Mar 26 2015, 10:59 AM)
Developer is not willing to pay back the interest inccured. It's paid by US. Discounts given by them to attract buyers. So your telling me i am at fault to accept the discounts ? Upfront i already paid for 5 months interests. I keep my word  by paying but they dont keep their words. If everything written in S&P serves no purpose, then why need to have S&P ? Developer can change anytime.
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I tot u hint on ur first post that dev mentioned the LAD calculated based on nett S&P price, so I assume the dev is willing to pay LAD but now dev not willing to pay?

Btw, I nvr claim u r at fault leh. Doubt my statement said so.



 

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