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 Cancellation & Refund after SPA sign but unstamped, Anyone did before ?

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dannychen
post Jan 5 2018, 10:34 PM

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QUOTE(scodeqx @ Jan 5 2018, 10:22 PM)
Oh so it is normal right? am afraid that the bank suddenly cancel my loan.. Huhu
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you may follow up with salesman/branch handling your application.
scodeqx
post Jan 5 2018, 11:25 PM

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QUOTE(dannychen @ Jan 5 2018, 10:34 PM)
you may follow up with salesman/branch handling your application.
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Will do.. Thank you
sentinelking
post Feb 7 2018, 10:50 PM

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Hi, i was facing a similar issue where i signed but unstamped spa due to loan was in progress. Then i found another agency selling the same project with much lower price (i was informed they "bought" and resale the unit from developer). I was going to cancel my initial booking since the gap was around 15k. Please advise what should i do and what kind of penalty i might face. thanks
jomonista
post Jun 10 2020, 08:54 AM

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Bumping this. Anyone has experienced getting back the deposit etc and cancelling a UNstamped SPA due to developer not yet have APDL?

Please share your process to do this.
timeonce
post Sep 1 2020, 11:50 AM

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Yeah. If my MLTA got cancel cause insurance say i die faster .. what is the process. Stupid insurance. Dahlah mahal. Need pay RM6k per annum and they reject my insurance submission as deem high risk as overweight. Erm..
jenastan
post Mar 18 2021, 10:36 PM

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Sorry can I ask.

I recently faced such issue as well where as I bought a unit then later decided to upgrade to a bigger unit, I only paid booking fee. But now the previous unit lawyer send me an invoice of RM10k. Before I proceed to switch to bigger unit, I have double confirm with the SA only the additional cost and their reply is only RM1K, thats why I proceed with the booking for the new unit and had recently signed the new spa.

I was so shocked when I received this. Can you guys advise some approach to not pay this amount? Should I approach LHDN or Housing Ministry for some advice?

Please advise. Sorry all.

Appreciate it.

I consulted both the invoice lawyer and my new spa lawyer, both said need to pay that amount. Please help
KopiMalaysiano
post Mar 18 2021, 10:42 PM

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QUOTE(kkk368 @ Dec 13 2017, 04:12 PM)
As a foreigner, I would like to share my bad experience and alert any potential buyer!

I know this is a forum mostly for local people but I wish this platform can help to prevent similar incident from happening again.

I purchased a unit in LaVile in mid of this year. Unfortunately, I find out that I have paid more than 25% premium for a same unit that sell to local people recently. The developer has two price lists. One for local and the other for foreign buyer.

From my point of view, it is very unethical of developer to sell their units to foreigner by making use of the threshold amount RM 1million defined by the government. The developer sell all their units to foreigners at all above RM 1 million no matter the true value of the units.

I recommend everyone to think deeply before making your purchase decision of this project.

This is your money! This is your own investment!!
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Is a tax thing. We have campaign like "Malaysia my second home" these premium were reduced to foreigner, but still far cry from prices of property in UAE

 

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