Booked a unit two weeks ago, and decided to drop it. Was told by agent there will be RM500 penalty ðŸ˜ðŸ˜ðŸ˜
TRION 2 KUALA LUMPUR, JALAN SUNGAI BESI, Another project by Binastra Land
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 Dec 22 2020, 08:49 AM
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Probation
5 posts Joined: Nov 2020  
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Dec 24 2020, 06:31 AM
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QUOTE(panda@KL @ Dec 23 2020, 08:54 AM) There is no legal right for SA or developer to take your RM500 as penalty.. Go talk nicely to the developer to get back the money... That’s what I’ve thought it’s legally wrongdoing, emailed them. Hope things go well Btw, you dropped type B or C?  I’m dropping type A, wanted to switch to type B in the end but no good units. DragonReine liked this post
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Dec 24 2020, 06:33 AM
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QUOTE(DragonReine @ Dec 23 2020, 09:15 AM) 🤔 There shouldn't be penalty. Talk to developer directly to get your refund? In Malaysia booking fees are not legally binding so there should be no issue to get it back if you haven't signed S&P. Booking form I recall also made no mention of penalty/admin fees. Thanks for the advice, will use the regulations against them.In fact collection of payment by any person before signing of SPA is prohibited under the Housing Developer’s Regulation 11(2) so if the developer or agent refuses to refund the money,you can lodge a complaint with the Housing Tribunal. Totally a property newbie here 😅 DragonReine liked this post
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