Lol. Kena scam by the sales agent

if that is not fraud, i dunno what is...lol. mareshian.

News didn't say local, just assumed.

Even Singapore's HDB flats are not leasehold or freehold, no strata title.

Developer may have learned something from Singapore gov.

Oh it fits leasehold technical description, just that it is not leasehold to gomen, but to developer.

This developer playing with fire, being the first case means it will likely be brought to court and fight there, become a landmark case.

Let's hope the decision will be to buyer benefit.

WTF really vavi punya developer, 900k not even leasehold

I hope they win the case, these developers are too greedy


This post has been edited by Freshmeat21: Dec 25 2024, 03:04 PM

Yeah, this is the one.

how the bank approve the loan if the borrower cant get strata title out of it? usually permanent master title property will not be entertained

Singapore HDB flats also no strata title lah.

That means sinkie buy hdb in JB.

Lol dumbfcuks

They think they allowed to buy cheap house?

Imagine how much they could charge and suck out of management fund as there is no strata. All managed and owned by developer.

Is it even legal? What happened if the dev bankrupt later? The house belongs to who? Kena lelong by bank to pay dev debt?

These sinkies are the ones driving up the property prices in Johor.

No sympathy.

The fuck kind of business practice is this?



Oh, understoodeded.

This post has been edited by keybearer: Dec 25 2024, 05:32 PM

I don’t even got such thing. Why would anyone signed up for this?

Sent Luigi to meet the developer boss...

Bro, this is not the typical 99yrs leasehold we used to, this private leasehold is even worse than the typical leasehold. They don’t even get to vote for property management, they are just like tenants.

The developer still the actual owner, if developer one day pokai the creditors will come grab the property from the tenants.

Leasehold you don’t own the land but you own the building. This case you don’t own the building.

Leasehold to government the land owned by government but building owned by owner. This case the building not owned by owner. It is different.