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Ensure developers don’t flout agreement
15/11/2003
The Star By MICHAEL,
Subang Jaya.(via e-mail)
I WRITE in support of K.C. Lim, “Strengthen
clause to protect house buyers”, (The Star, Nov 10).
The proposed insurance plan for house buyers is not the solution.
Empowering the clauses already laid out in the Sale and Purchase Agreement
is.
My predicament arose from the late delivery of my condominium unit by
the developer and my subsequent frustrating attempts to claim what is
legally due to me as stipulated in the S&P Agreement.
After numerous letters to the developer, the last verbal offer by them
was 85% instead of the 100% of what I am legally entitled to and even
though they have imposed a condition that the amount owed to me will be
off set against “future maintenance charges”.
This action by the developer clearly flouts what is stipulated in the
S&P Agreement and should not be allowed to continue simply because it may
catch on and in time become an industry practice.
The authorities should act swiftly against unscrupulous developers who
are fleecing property buyers by not adhering to conditions stipulated in
the signed S &P Agreements.
Failure to curtail these unethical practices will only result in
eroding the confidence of house buyers.
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