unable to claim LAD due to Eot given by gov, anybody else ?
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 Sep 20 2022, 12:25 PM
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#1
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10,188 posts Joined: Apr 2012 
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QUOTE(yiwen93 @ Sep 20 2022, 08:35 AM) But it's so unfair to the buyers.. developer can apply for EOT, but us the buyer still need to pay the interest to bank... developer also need to continue to pay their obligations to the bank and they still have alot of cost to bear during MCO and pause of works... so to say fair or unfair its an endless argument... everyone will only think for themselves... lol  |
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Sep 20 2022, 02:02 PM
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#2
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10,188 posts Joined: Apr 2012
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QUOTE(elimi8z @ Sep 20 2022, 12:50 PM) Yeah but developer can just wind up, liquidate the subsidiaries and move on. if gt choice do u think the developer wanna wind up? same applies to the average joe who wanna declare bankruptcy... if u are buying properties from ah pig ah dog developers than this is always the risk, if from reputable developer do u think they wanna risk their reputation?Can an average Joe do so? |
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