Anybody have any experience of claiming back LAD for common area (for newly completed condo)?

The admin person from my developer has shown me a calculation that they will pay me the LAD for the unit. But when I enquire about the LAD for common area, she said she is not in a position to answer me and ask me to write to their GM.

Did any of you try to claim the LAD for common area before?

This post has been edited by alchmiya: Jan 11 2019, 11:13 AM

if yours is under schedule H, then refer to Clause 27 of your S&P




claim 10% per annum based on last 20% of your purchase price.

Adding to that, you may have 2 different scenarios:

1) Common Property completed earlier than Vacant Possession Date, a certificate of completion of common property with photographs proof is required.
> this will stop the LAD to common property earlier than the LAD to the unit
> For example, LAD to common property on 31/12/2018 while LAD to unit may fall on 2/2/2019

2) Common Property is completed same as Certificate of Compliance and Completion (CCC).
> without separate certificate of completion of common property, in general we can consider the completion of common property is same date as CCC. Whereby when architect issued CCC, it should mean all the works within the development is completed and fit for occupancy.
> in this case, LAD to common property and LAD to unit is using the same date.

TQ