Oh... i won't be moving to Horizon Hills. I don't want my dog to end up in your stomach.
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East Ledang/ Ledang Heights/ Ujana/ Impiana community.
- Thread starter Investor
- Start date
Oh... i won't be moving to Horizon Hills. I don't want my dog to end up in your stomach.
Re: How to buy a house in East Ledang
Not yet. However I did received a letter cc to me that UEM requesting bank to released funds as the purchaser has completed the initialy 20% payment.
Not yet. However I did received a letter cc to me that UEM requesting bank to released funds as the purchaser has completed the initialy 20% payment.
Aiyo why so early. I'm really hoping to get many months of Late Delivery interest from UEMTotally no hassle yet can get return like rental.
Haha...Bro Investor, I am like u, in no rush to collect the key. Judging from what others said abt the progress, my guess is P8 only be ready after March next year.
Haha that'll be great but mine are from P7. Hope it'll also be completed in March
Wow that's good, hope to see more of such chain outlets, seafood restaurant and maybe one or two fast food restaurants
jetabout777
New Member
Anybody knows if Anjung is planned to be a permanent fixture around the Ledang community?
I do hope that Anjung be revamped with better quality retail outlets or even re-branded once the community grows.
I do hope that Anjung be revamped with better quality retail outlets or even re-branded once the community grows.
They are trying to say the houses are more high class than semi-D
eg. very little part of the house connects to your neighbour compares to a typical semi-D
*marketing*
Re: How to buy a house in East Ledang
Any bro/sis taken photos of EL phase 8 lately? Appreciate if you can upload the pics here, esp. for Type 30 units. Thanks
Any bro/sis taken photos of EL phase 8 lately? Appreciate if you can upload the pics here, esp. for Type 30 units. Thanks
Re: How to buy a house in East Ledang
Me too. for EL Phase 8. Those who have not received any updates, shld check with your lawyer.
Me too. for EL Phase 8. Those who have not received any updates, shld check with your lawyer.
Re: How to buy a house in East Ledang
Is it a problem if still have not received the state consent? My unit at P7 still have not received this and also no installments yet. Is'nt this a good thing as we will save on the bank interest on the progress payment?
Is it a problem if still have not received the state consent? My unit at P7 still have not received this and also no installments yet. Is'nt this a good thing as we will save on the bank interest on the progress payment?
Re: How to buy a house in East Ledang
Dear Friends,
I checked with my lawyer regarding the compensation for phase 2, according to my lawyer(HHLong)there won't be any compensation for late delivery of unit as Bank has not fork out any money yet n installment has not yet started therefore UEM will not compensate us $$$$. In this case ...How to 'HUAT'???
Please kindly check with your lawyer (if u have a different lawyer) would like to know what is their comment on this.
Many thanks
Dear Friends,
I checked with my lawyer regarding the compensation for phase 2, according to my lawyer(HHLong)there won't be any compensation for late delivery of unit as Bank has not fork out any money yet n installment has not yet started therefore UEM will not compensate us $$$$. In this case ...How to 'HUAT'???
Please kindly check with your lawyer (if u have a different lawyer) would like to know what is their comment on this.
Many thanks
Re: How to buy a house in East Ledang
Hi Ribbon,
I suggest you check with UEM land, rather than the lawyers. Better yet, go through the SNP agreement as this clause is quite clear and standard. The delay compensation clause is not subject to whether the installments starts or not. Here is what mine reads:
22. TIME FOR DELIVERY OF VACANT POSSESSION
(1) Vacant possession of the said building shall be delivered to the Purchaser in the manner stipulated in clause 23 within 24 calendar months from the date of the agreement.
(2) If the Vendor fails to deliver the vacant possession of the said Building in the manner stipulated in clause 23 within the time stipulated in subclause 1, the vendor shall be liable to pay the purchaser liquidated damages calculated from day to day at the rate of 10 percent per annum of the purchase price from the expiry date of the delivery of vacant possession in subclause (1) until the date the purchaser takes vacant possession of the said building. Such liquidated damages shall be paid by the vendor to the purchaser immediately upon the date the purchaser takes vacant possession of the said building.
My SNP agreement is for a different phase, but I believe they are standard. I read through the document in detail and there is no clause that prevents the developer to pay the above liquidated damages if the installments does not start. And by the way, these damages are not just meant to cover your interest loss, but also social implication of not having your house, etc.
Long story short, I don't see how the compensation will not be paid - unless the developer goes bankrupt of course.
Cheers,
IR
Hi Ribbon,
I suggest you check with UEM land, rather than the lawyers. Better yet, go through the SNP agreement as this clause is quite clear and standard. The delay compensation clause is not subject to whether the installments starts or not. Here is what mine reads:
22. TIME FOR DELIVERY OF VACANT POSSESSION
(1) Vacant possession of the said building shall be delivered to the Purchaser in the manner stipulated in clause 23 within 24 calendar months from the date of the agreement.
(2) If the Vendor fails to deliver the vacant possession of the said Building in the manner stipulated in clause 23 within the time stipulated in subclause 1, the vendor shall be liable to pay the purchaser liquidated damages calculated from day to day at the rate of 10 percent per annum of the purchase price from the expiry date of the delivery of vacant possession in subclause (1) until the date the purchaser takes vacant possession of the said building. Such liquidated damages shall be paid by the vendor to the purchaser immediately upon the date the purchaser takes vacant possession of the said building.
My SNP agreement is for a different phase, but I believe they are standard. I read through the document in detail and there is no clause that prevents the developer to pay the above liquidated damages if the installments does not start. And by the way, these damages are not just meant to cover your interest loss, but also social implication of not having your house, etc.
Long story short, I don't see how the compensation will not be paid - unless the developer goes bankrupt of course.
Cheers,
IR
