31 May 2020
KHOO SOON LEE REALTY SDN BHD (COMPANY NO: 66384-P) 1. TRIBUNAL TUNTUTAN PEMBELI RUMAH Kementerian Kesejahteraan Bandar, Perumahan Dan Kerajaan Tempatan 2. TAN LOY KEONG [NRIC No.: 571202016529]
- Citation
- JA-25-17-04/2018 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- JA-25-17-04/2018 (Mahkamah Tinggi)
The application is allowed in part: (1) "ready for connection" must be read so that vacant possession is effective only when electricity and water supply are available to individual parcels (i.e. purchaser can switch on electricity and water will flow); (2) late delivery damages period runs from scheduled delivery date (36 months from SPA signing) to the date of connection of electricity and water to each unit; (3) liquidated damages must be calculated using the actual discounted price paid by the purchaser as the multiplicand; and (4) where parties have entered a binding settlement/consent j…