QUOTE(propertybbb @ Mar 15 2017, 10:57 PM)
No worries bro, I am DDWWBBB on EKC. Investment EKOCHERAS @ JALAN CHERAS (V4) [MRT PROPERTY] [OT], Where Cheras becomes Mont'Jiulai
Investment EKOCHERAS @ JALAN CHERAS (V4) [MRT PROPERTY] [OT], Where Cheras becomes Mont'Jiulai
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Mar 16 2017, 12:50 AM
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#1111
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2,086 posts Joined: Feb 2011 |
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Mar 16 2017, 12:56 AM
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#1112
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2,086 posts Joined: Feb 2011 |
QUOTE(Jagalat @ Mar 15 2017, 09:07 PM) Just sharing....Claiming Damages for Late Delivery of Vacant Possession of Private Houses in Malaysia: Legal Issues and Challenges One of the main duties of the housing developer under the statutory sale and purchase agreement is to complete the construction of the house on time. Under the Malaysian housing law, the period of completion and handling over vacant possession for landed property is 24 months and for sub-divided building is 36 months. However in practice, very rare buyers get the keys to their houses on time. According to clause 20(2) of Schedule G of the Housing Development (Control and Licensing) Act 1966, the buyer is entitled to claim for Liquidated Ascertained Damages (LAD) for the delay in completion. It is a statutory remedy to compensate the buyer for the failure of the developer to fulfill his obligation under the agreement to hand over vacant possession on a specific date. The LAD should be calculated from day to day at the rate of 10% per annum of the purchase price. However claiming the LAD is not as simple as it supposed to be since most of the time the developer refuses to pay the LAD for various reasons. Thus a claim for LAD needs to be filed in the court or the Tribunal for Homebuyer Claims. Nonetheless winning the case does not guarantee that the buyer will receive the compensation. International Review of Management and Business Research Vol. 3 Issue.2 This post has been edited by neonikson1: Mar 16 2017, 12:58 AM |
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Mar 21 2017, 06:19 PM
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#1113
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All Stars
10,777 posts Joined: Sep 2009 |
Ekovest as an entity is not involved in Bandar Malaysia.
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Mar 26 2017, 11:19 PM
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5,947 posts Joined: Oct 2013 |
Taken Sunday afternoon, before raining....
BlkJ revealing lower floor of L10 ![]() |
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Mar 26 2017, 11:19 PM
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5,947 posts Joined: Oct 2013 |
BlkH in progress of lower of L3A ![]() |
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Mar 26 2017, 11:20 PM
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5,947 posts Joined: Oct 2013 |
BlkN more structures above the workshop (didn't keep track which floor)
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Mar 26 2017, 11:22 PM
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5,947 posts Joined: Oct 2013 |
Walkaway from EKC exit(to MRT), started to have wall in construction.
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Mar 26 2017, 11:23 PM
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5,947 posts Joined: Oct 2013 |
The other end of the walkway joining MRT station entrance...
![]() This post has been edited by Jagalat: Mar 26 2017, 11:38 PM |
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Mar 27 2017, 06:43 AM
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All Stars
20,146 posts Joined: May 2011 |
They have speed up the construction of blk j..
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Mar 27 2017, 12:07 PM
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Mar 27 2017, 12:09 PM
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1,234 posts Joined: Jun 2015 |
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Mar 27 2017, 12:27 PM
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5,947 posts Joined: Oct 2013 |
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Mar 27 2017, 01:08 PM
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Mar 27 2017, 01:25 PM
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Mar 27 2017, 01:55 PM
Show posts by this member only | IPv6 | Post
#1125
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775 posts Joined: Jan 2012 |
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Mar 27 2017, 04:57 PM
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2,086 posts Joined: Feb 2011 |
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Mar 27 2017, 04:58 PM
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2,086 posts Joined: Feb 2011 |
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Apr 2 2017, 05:29 PM
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Senior Member
5,947 posts Joined: Oct 2013 |
Taken this afternoon from opposite side...
BlkE L2 in progress.... ![]() |
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Apr 2 2017, 05:30 PM
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5,947 posts Joined: Oct 2013 |
BlkH podium, a look taken from the overhead bridge...
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Apr 2 2017, 05:32 PM
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5,947 posts Joined: Oct 2013 |
BlkJ, taken from the opposite side ...
Looks like they wanna put up a big logo ads |
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