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Aug 03
2010
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Koi Kinrara late delivery of vacant possesion.Part 2Posted by Adam Foo in Untagged |
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Thank you for the comment earlier.Yes i have seen the housing tribunal to calim my 100% money.I think the developer finds the 'loophole' in the agreement.
The reason is the housing tribunal only got the authority to claim from the developer if late delivery after any S&P signed after the date of APRIL 2007 .
Unfortunately my S&P is signed on FEBRUARY 2007,that means the housing tribunal has no authority to claim the late payment for me.This is due to my property is a service apartment(commercial land but built a condo, that means it doesn't have to go through housing goverment approval).What the housing tribunal suggest is to employ a lawyer to sue them and claim the money through civil court and he guarentees i will get the full amount.
My worries is that this would take at least a year going in and out of court and by the time i get the money is it worth it?
That is what the developer counting us to do that mena we don't want the trouble and settle for less from the developer.They offer us the 70%(i believe they know this would happen that is why they dare to offer me this)
Please advice should i take the money at 70% or get as much houseowner attention that has the same situation as me and complain to the relevant authorities?
