How u know will have high rise ???

Hi all sifus,

I have received invoice from developer of Resedensi Seri Wahyu on 3rd Septemberof total 30k for first batch disbursement which its due date on 4th Oct.
However, I called to lawyer firm this morning and they told me that they just recently received final document from developer to proceed with the processing of advice letter to bank.
The process will take around 1-2 weeks times, and developer can't charge me penalty of late payment as stated in S&P due to their own problem
(according to them, am doubt for this part).

I have asked them to cc me for future email that related to me. Yet, I feel I will get penalty from the developer. Anyone has the same issue as mine? What can I do to avoid from kena the late payment penalty? Please help. Thanks.

Same here.. banker has called and update me that they haven’t get any instructions from lawyer to release the payment due to insufficient supporting document..

Then I have called to ask mah sing whether they have provided those documents that required to lawyer side while mah sing said they have sent out all documents..

Then once again I called to solicitor side then they said they just get full documents and will process it within few days. So I m asking them whether the 10% penalty will chargeable on me and the person who handle my call answer with very rude, “ I thought I have told your banker, did he let you know?”

OMG, I think really have to watch out this solicitor as last time I requested for my legal fees & reimbursements receipts and till now oso haven’t provide to me plus they have cause the late payment of the funds this time.

how the invoice looks like ? the one i received is 75k

That one should be redemption letter ba.. not invoice

start progressive interest already

Got anyone take any photos for their unit?

Hi Joyce,

Yes, I havent receive any update from any party yet. Is the solicitor Teoh Pek Wei which assigned to you?

Nope, but I heard my banker said some cases(residensi Seri wahyu) they edi released the payment very early.. so he ask me better contact to solicitor side..

Hi,

Experienced the same somewhere in 1st quarter of 2016. Was doing the same, calling every parties, from bank to solicitor and developers. Neither solicitor/developer was willing to provide assurance that no late payment interest will be charged on buyer, was only verbally told by solicitor that developer shouldn't charge late payment interest on buyer as the delay was caused by developer. I actually requested the developer to send an email as assurance, but did not receive any.

As expected, payment was released later than the due date as stated on the progress claim. Till now, fortunately, I'm not aware of any late payment interest charged. Subsequent release of payments were trouble-free so far.

Goodluck!

What is the difference? First time buy house don't know all these things

Then I guess we are the unlucky one Saddddddddddd

Thank you very much for telling me your experience. I hope bank side will release payment soon.

This post has been edited by blackrs: Oct 5 2017, 09:28 PM

But I have confirmed with developer and solicitor.. both said they won’t charge the penalty.. better way is u call and ask ba

Is this the developer number you called? 03-9221 6888

RM1.2k now

Which tower you bought?

im from the first batch, approval and snp also quiet fast. how come my one still no news ? no news from bank and developer. only got 1 letter of redemption.
someone can advise?

Don't complain if you have not been billed.

why ?