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 Developer charged late payment interest

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ycs
post Feb 11 2019, 05:24 PM

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QUOTE(TunaFish1990 @ Feb 11 2019, 05:18 PM)
1 owner RM1k

if medium density of around 200 units that's Rm200k yo!
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split 50/50, free spa fees kawtim brows.gif
SUSandylyc
post Feb 11 2019, 05:29 PM

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Developer request lawyer to ding dong here and there. Now you see their game.
doppatroll
post Feb 11 2019, 05:31 PM

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QUOTE(coolguy99 @ Feb 11 2019, 05:24 PM)
Easy money la. How la. Really don’t want to pay the 1k. Hope developer will waive.
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Reason with them....else just go to consumer board office and file complaint....
coolguy99
post Feb 11 2019, 05:34 PM

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QUOTE(doppatroll @ Feb 11 2019, 05:31 PM)
Reason with them....else just go to consumer board office and file complaint....
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Can I do that?
jfarm86
post Feb 11 2019, 05:35 PM

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QUOTE(Ancient-XinG- @ Feb 11 2019, 05:10 PM)
Cannot. You won't make it as this is dev lawyer.

Very jialat. Really. Experience once. Enough Liao.

Bp shoot up till ceiling.
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im lucky then, they're dev assigned lawyer since free stamping duty and legal fees.

got charged late interest payment on my first phase, i call and ask dev they tell me to get the chronology of event from lawyer. clearly the fault is not at me since i got follow up closely whenever i received the letter for each payment. one week later, dev issue the clearance letter and inform me regarding the waiver of the late interest payment.
kamfoo
post Feb 11 2019, 05:39 PM

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what bank so lousy
sakuraboo
post Feb 11 2019, 05:45 PM

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Welcome to Malaysia
seikoho1
post Feb 11 2019, 05:49 PM

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developer purposely wait for water fish like you whereby the property already in billing stage then you go and sign SPA and loan docs.


O-haiyo
post Feb 11 2019, 05:52 PM

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can we report this kind of case to consumer association?
yhtan
post Feb 11 2019, 05:53 PM

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QUOTE(myteam94 @ Feb 11 2019, 04:26 PM)
macam my brother punya case

bank lambat release fund, so owner kena bear the late payment interest
really stupid.

it was bank harimau kuning.
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harimau kuning is famous for late payment, if u got bank loan better avoid this bank.

Surprisingly when come to speed of disbursement, Ambank and UOB bank is the fastest among all.
tky1993
post Feb 11 2019, 06:04 PM

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Hahaha which sohai developer so calculative lol

Last time I late more than 20 days also dindnt kena charge one single cent.
Seoliem
post Feb 11 2019, 06:04 PM

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I oso late lh couple of month like that...lucky my developer not so strict one...manage to reason with them...no late payment interest charge
coolguy99
post Feb 11 2019, 06:10 PM

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QUOTE(tky1993 @ Feb 11 2019, 06:04 PM)
Hahaha which sohai developer so calculative lol

Last time I late more than 20 days also dindnt kena charge one single cent.
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Mine is a small boutique developer not gonna reveal their name now
frequency
post Feb 11 2019, 06:21 PM

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email all your chronology with screenshot, conversation log to

council@malaysianbar.org.my + file a report on BNM

You must record down all ur conversation (email la, whatsapp chat lar etc) when dealing with lawyer and banker else u kena their taichi 18 palm..gao gao
Pugbunny
post Feb 11 2019, 07:30 PM

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Is it only you or other purchasers oso kena LPI?

If others oso kena LPI, suggest you to gather other purchasers to go to the developer office and demand for waiver. You need to get the crono of events from the bank as well.

Follow up with the manager in charge every week.
teehk_tee
post Feb 11 2019, 07:38 PM

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QUOTE(coolguy99 @ Feb 11 2019, 06:10 PM)
Mine is a small boutique developer not gonna reveal their name now
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'Boutique' developer

Ie first time developer? Huhuhuhu
iGamer
post Feb 11 2019, 07:55 PM

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QUOTE(nasiputih @ Feb 11 2019, 12:20 PM)
you are wrong.
all taichi masters learn from lawyers
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Get MMA Fighter to KO tai chi master... owai
coolguy99
post Feb 11 2019, 09:03 PM

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QUOTE(teehk_tee @ Feb 11 2019, 07:38 PM)
'Boutique' developer

Ie first time developer? Huhuhuhu
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Has a few completed projects already. But overall still pretty new.
TS255247
post Feb 12 2019, 10:31 AM

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QUOTE(coolguy99 @ Feb 11 2019, 04:32 PM)
Yes they call it interest notice.
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may i know how u settle it at the end?
metalslug
post Feb 12 2019, 10:36 AM

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QUOTE(255247 @ Feb 11 2019, 11:53 AM)
but the lawyer is developer side..i didnt pay any $ lawyer fees..
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thats why.. u need to pay now

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