INDUSTRY NEWS (9 JULY 2021)
Liquidators making fortune from homebuyers’ misfortune
Abu Kassim had been staying at a condominium for 12 years, diligently paying his dues. Unfortunately, the housing developer suddenly wound up. At that material time, all the strata titles had been issued by the Land Office and were in the possession of the then defunct
Berjaya Land readies for the next rebound
It was July 3, 2021, the first day of the Enhanced Movement Control Order (EMCO), which practically locked down a considerable part of Selangor and Kuala Lumpur. Many business operators’ hearts sank, because it meant enduring another 14 days of productivity loss.
Late delivery of property: Country Garden Danga Bay loses appeal
The Court of Appeal in a unanimous decision yesterday, dismissed the appeal by Johor-based developer Country Garden Danga Bay Sdn Bhd (CGDB) for a judicial review over the High Court and Tribunal of Homebuyers Claims’ decision to award damages for late delivery claims
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