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Recent News February 11, 2021

If a developer fails to deliver vacant possession on time, calculation of liquidated agreed damages starts from the date of booking fee

On 19 January 2021, the Federal Court delivered its judgment in PJD Regency Sdn Bhd v Tribunal Tuntutan Pembeli Rumah & Anor and other appeals. This was a case to determine whether the Housing Tribunal was correct in awarding in favour of the relevant purchasers liquidated agreed damages (LAD) commencing from the date of booking […]