You can get out but not for free.

Talk to the developer to discuss. No forumers can answer your Q

If everyone can escape paying compensation for breach of an agreement, then I dont see a good reason to sign one.

SnP lawyers fee need to paid .... that is for sure. No one do work for free, even if is free legal fees.

This post has been edited by mini orchard: Jan 17 2022, 07:35 PM

By now I am sure your loan agreement should be ready for signing. How is it that you want your loan to be rejected ?

You have to check whether you are require to pay legal fees for LA and any penalty from bank for failing to sign the LA.

Breach of contract is a serious matter. Be very sure b4 signing any agreements or offer letter.

This post has been edited by mini orchard: Jan 17 2022, 10:23 PM

Firstly, work is done .... meaning the agreement is in the midst of finalising for your signature and the lawyer oredi pay upfront to get the agreenent from the bank. Maybe during the signing of snp, the LA is not fully ready to be signed.

If the developer is paying for the fee, then is no issue if you complete the transaction.

If you dont sign the LA, meaning the developer will bill you for all the progress payment as it is assumed you will self finance the purchase.

As you now intend to abort the SnP and LA, who is to bear the cost for legal fees / work done ?. Developer lost a sale and have to pay legal fees for your mistake ? Or do you think the lawyer will waive his fee ?

To make my explaination simple in layman terms ...

You order a cup of coffee and then cancel the order and request a refund when the coffee is in the process of brewing ?

If every buyer were to abort the SnP and LA without paying cost, I would go for shopping spree.

How to get your loan rejected if you oredi accepted the loan offer letter ?

From my understanding, normally developer wont proceed to sign snp without a loan confirmation. Is not logical to sign, then cancel and refund if the loan is rejected.

As mentioned in my earlier post, only your developer can reply you. If your Mr. developer is a nice guy, (1 in 100), then you get a full waiver.

This post has been edited by mini orchard: Jan 18 2022, 06:20 AM

When one party (buyer) breached the agreement, he has to discuss with the aggrieved party (developer) to settle it as no advises here can solve the problems because we forumers are NOT the aggrieved party.

You are asking for other people solutions to be applied to your developer which I dont think can happen.

We can only say what will happen in normal casses as every developer is different or every case is different even if is the same developer.


Be prepared to pay max penalty but if you are given some rebates, consider good jor.

Maybe you can share info after meeting the developer.

This post has been edited by mini orchard: Jan 18 2022, 11:40 AM

Dont be frickle minded when buying big ticket items. Seeking refund for any purchase is seldom easy.

Lodged a complaint with Ministry of Housing and KPDNHEP

If the letter stated is RM1k, that is the max and yes, you can lodge a written complaint.

Unless there are no other tnc ... eg, dateline, loan rejection etc.

Stop dealing with the agent and developer as it is not going to be settled.

Proceed to lodge a report with the two ministry dept.