Hi all,

I am in a bit of a sticky situation, and so I would appreciate it if anyone could help me out.

I have a house which I had bought the initial Developer. Thereafter, the initial Developer (supposedly) went bust, and a white knight (WK) was appointed to come in to continue the construction.

So, now the WK refuses to build my unit - because I had refused to pay them additional money to resume construction of my houses.

From my point of view as a purchaser, as I had paid the initial Developer in full, I am no longer owing anymore monies. How can the WK demand for more money from me? After all, the WK is claiming all the balance due to the initial Developer from the Banks of the various purchasers.

That said, can a white knight pick and choose units to complete from a whole project and/or to demand for additional payment?

By right, as the WK was given a substituted power of attorney by the initial Developer to resume construction, shouldn't the WK be duty bound to complete the whole project as if it were in the shoes of the initial Developer?

Doesn't sound quite right to me, and defeats the purpose of rescuing an abandoned project.

Any ideas would be most helpful.

Thanks!

This post has been edited by arthertbc0702: May 18 2016, 08:23 PM

hope i not too late replying you.

im assume your are bungalow? because you mentioned WK and do at selective unit

but let me tell u, even though wk do it at selective, no way wk can get CCC later.

write a letter to local council pertaining this matter. make sure they alert on this. you need to complaint to authority and alert others bank and also HDA and KPKT