QUOTE(jelawat17 @ May 27 2012, 01:04 AM)
Shanmugam will be providing the updates.
Hi guys,
Sorry to make everyone wait. Here is the update:
First of all I would like to thank YB Lau who spare some of his time for the discussion between us (buyer) and Taipan (developer). Also thanks to Jelawat and Lagendsky who attend the meeting. I was expecting for more but it’s ok, it’s better than nothing.
Anyway the meeting went on smooth and for everyone's relieve, Taipan have already submitted the 5 pending items (including the bank guarantee) to Syabas. As such during the meeting it has been decided to give 2 weeks (by 11/6/2012) to Syabas to process the application and revert Taipan. Subsequent to Syabas's reply Taipan would take 2 or 3 days to finalise everything and hand over VP by 15/6/2012. Taipan has agreed to notify buyers and YB Lau if there is no reply from Syabas latest by 11/6/2012. If this happens, YB Lau would help the buyers to arrange a meeting with Syabas to clarify on the delay. So let’s “cross finger” that Taipan have met all the requirements by Syabas and we get VP by 15/6/2012.
As for Compensation proposal, Taipan agrees to come up with the proposal as per agreement (Delay in handing over VP with completion of individual parcel and common property) on the day we get VP (15/6/2012). As per the discussion the other day, if we (buyers) not satisfy with the compensation proposal (max 10% as per agreement) then we could lodge a report at housing tribunal and let the tribunal to decide on the compensation. However, the buyers we reminded by Taipan that this compensation is only for delay in handing over VP with completion of individual parcel and common property which not includes club house and swimming pool (private property - as per agreement).
On the status of Club house and swimming pool, Taipan has committed to complete the club house and allow the tenant to use it by Dec 2012. However, this is not includes swimming pool. The swimming pool will only be completed and ready for the tenant's use upon completion of Block C (where the development is yet to begin). Estimated time of completion for Block C and subsequently the swimming pool would be July 2013 (as per what Taipan said). Besides this, Taipan have also confirmed that the Chinese temple would be relocated to new place by July 2012 which means block C works would commence on July or August 2012.
The others who came for the meeting including Taipan's representative (Mr.Simon) please feel free to reply this mail if i missed out any other decisions taken during this meeting.
Finally once again thanks for everyone who turn up for this meeting.
Added on May 28, 2012, 5:33 pmGuys I could you all pls PM (Hope everyone know how to PM - let me know if dont know) me
your name, unit, email and
hand over date as per contract and contact number (optional).
I will compile and email everyone this list. By having this we would know how many actually affected by delay hand over and also it would be easier to contact each other rather then thru this forum. It is also proper to discuss through email rather then in open forum as it would have cirtain impact on the price of our property.
This post has been edited by kshan223: May 28 2012, 05:33 PM