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One thing to consider if you ever decide to stay in JB/Malaysia

https://www.tiktok.com/@thefinancialcoco...3286202625?

JB condo owners sue developer for 4-year delay in strata titles

JOHOR BAHRU
A total of 167 individuals, mostly foreigners, are suing a major condominium developer here for failing to deliver strata titles to luxury units purchased as promised in their sale and purchase agreements (SPAs).

The purchasers comprise individuals from Singapore (76), Malaysia (58), China (30), the US (two) and Indonesia (one).

The high-end Princess Cove condominiums, purchased at a cost of between RM900,000 and RM1.5 million each, were developed by the Chinese-owned R&F Development Sdn Bhd.

The company is a subsidiary of R&F Properties, a leading developer in China.Filed by solicitors Vin Sa & Ian on Feb 14, the suit claims the developer has failed to apply for subdivision of the building within six months of its completion as required under Section 8 of the Strata Title Act 1985.

The owners say the scheme was completed and issued with a Certificate of Completion and Compliance (CCC) in November 2018 and has been fit for occupation since.However, the owners claim the developer has failed to submit a proposed strata plan to the director of survey (JUPEM) within six months of that date as required under the law.

“The owners are seeking that the court direct the developer to submit to the authority all necessary documentation within seven days of its order.

“They also want the court to give a deadline for the individual strata titles to be issued by the Johor land office,” read the suit. In an affidavit of support, the owners said that despite several requests, the developer had either failed to provide a reasonable explanation for the lengthy delay or ignored their queries.

“In the event the company folds up or is wound up before the titles are issued, the owners will face huge difficulties and would likely have to incur expenses to secure the titles,” he said. The owners’ lawyer, G Vinodsagaran, confirmed that the suit has been served on the developer. Case management is scheduled to take place in the Johor Bahru High Court on March 20.

Why they never share such cases...🤣🤣🤣

(24-06-2024, 11:43 PM)moonrab Wrote: [ -> ]JB condo owners sue developer for 4-year delay in strata titles

JOHOR BAHRU
A total of 167 individuals, mostly foreigners, are suing a major condominium developer here for failing to deliver strata titles to luxury units purchased as promised in their sale and purchase agreements (SPAs).

The purchasers comprise individuals from Singapore (76), Malaysia (58), China (30), the US (two) and Indonesia (one).

The high-end Princess Cove condominiums, purchased at a cost of between RM900,000 and RM1.5 million each, were developed by the Chinese-owned R&F Development Sdn Bhd.

The company is a subsidiary of R&F Properties, a leading developer in China.Filed by solicitors Vin Sa & Ian on Feb 14, the suit claims the developer has failed to apply for subdivision of the building within six months of its completion as required under Section 8 of the Strata Title Act 1985.

The owners say the scheme was completed and issued with a Certificate of Completion and Compliance (CCC) in November 2018 and has been fit for occupation since.However, the owners claim the developer has failed to submit a proposed strata plan to the director of survey (JUPEM) within six months of that date as required under the law.

“The owners are seeking that the court direct the developer to submit to the authority all necessary documentation within seven days of its order.

“They also want the court to give a deadline for the individual strata titles to be issued by the Johor land office,” read the suit. In an affidavit of support, the owners said that despite several requests, the developer had either failed to provide a reasonable explanation for the lengthy delay or ignored their queries.

“In the event the company folds up or is wound up before the titles are issued, the owners will face huge difficulties and would likely have to incur expenses to secure the titles,” he said. The owners’ lawyer, G Vinodsagaran, confirmed that the suit has been served on the developer. Case management is scheduled to take place in the Johor Bahru High Court on March 20.

Why they never share such cases...🤣🤣🤣

They are probably not affected by this.

Anyway does not seem like a serious issue.

Another case of strata issue

Anyone familiar with this problem in Malaysia property?

https://www.edgeprop.my/content/1404157/...-developer

Seems like a problem with the law.
When the developer purchase the title to the land from another party who got it from the state, they can't apply for titles for individual units jnder the law.

Suing them is useless!

this thread about medical in JB or JB property?

(25-06-2024, 09:12 AM)sgbuffett Wrote: [ -> ]They are probably not affected by this.

Anyway does not seem like a serious issue.

Huh buy property without strata title is not a serious problem. 🤔 🤪
Par See I also won't buy lo..🤣

(25-06-2024, 09:44 AM)wendychan Wrote: [ -> ]this thread about medical  in JB or JB property?

It's about living in Malaysia. No house, how to live?

I think need to get to TOP and with the certificate then it is at least safe. After that, the developer can go bankrupt.

Some countries have 1 for the land and the other for the building. Some only 1 title. 

Last time Crook M. said the land can be leasehold while the building can be freehold. Some are suitable for monkeys to live in. So it would be best if you read into it.

Sometimes loans for foreigners have higher interest rates and short loan periods. Don't be caught off guard after TOP. It is hard to rent out in general for locations like JB.

However, not all are bad, it is the proximity to Singapore. Can happy, happy go there.

TS got dementia

He didn't go through the video lah, just saw the words "healthcare deals" thought it's about healthcare ordeals and post...

If you have a heart attack while having breakfast there, you are as good as dead.

(25-06-2024, 12:36 PM)WhatDoYouThink! Wrote: [ -> ]He didn't go through the video lah, just saw the words "healthcare deals" thought it's about healthcare ordeals and post...

Getting sick is an ordeal.

....

(25-06-2024, 01:17 PM)sgbuffett Wrote: [ -> ]Getting sick is an ordeal.

....

and  how is that related to property?

Ordeal? They have First Class Service that MP OYk and the next Health Minister should learn from.

(25-06-2024, 01:54 PM)wendychan Wrote: [ -> ]and  how is that related to property?

Being sick and possibly having property related problems worsen life in Johor?...Dunno someone else brought up the property issue I was just responding.

It's a problem on the interest some humans are unable yo focus on the topic at hand and digress. Or for then the topic is Johor....or Malaysia. So if yoh start a thread to say Malayisa satay is very cheap and good....some moron will post abt high crime rate in Malaysia.

(25-06-2024, 03:07 PM)sgbuffett Wrote: [ -> ]Being sick and possibly having property related problems worsen life in Johor?...Dunno someone else brought up the property issue I was just responding.

It's a problem on the interest some humans are unable yo focus on the topic at hand and digress. Or for then the topic is Johor....or Malaysia. So if yoh start a thread to say Malayisa satay is very cheap and good....some moron will post abt high crime rate in Malaysia.

did u even watch the video?

no where in the video that i saw gives me the impression that if you got  sick  in JB it was an "ordeal"

(25-06-2024, 01:17 PM)sgbuffett Wrote: [ -> ]Getting sick is an ordeal.

....

If you're sick everywhere is an ordeal. So dun get sick.

Being poor too. So dun be poor

(25-06-2024, 03:11 PM)wendychan Wrote: [ -> ]did u even watch the video?

no where in the video that i saw gives me the impression that if you got  sick  in JB it was an "ordeal"

It's an "ordeal of getting sick"

Since when getting sick is NOT an ordeal.?

The fact theh are lucky to get good treatment in JB lessen the ordeal of being sick.

If in Singapore they end up in govt A&E it is ordeal x 2.

Lesson is don't be poor in Singapore lah.

If you have money just go to private hospital don't need to waiylt 6 hrs at a&e

Also don't begrudge Malaysia for having better healthcare there are both good and bad about living in malaysia

(25-06-2024, 03:14 PM)sgbuffett Wrote: [ -> ]It's an "ordeal of getting sick"

Since when getting sick is NOT an ordeal.?

The fact theh are lucky to get good treatment in JB lessen the ordeal of being sick.

If in Singapore they end up in govt A&E it is ordeal x 2.

Lesson is don't be poor in Singapore lah.

If you have money just go to private hospital don't need to waiylt 6 hrs at a&e

Also don't begrudge Malaysia for having better healthcare there are both good and bad about living in malaysia

still really nothing to do with the property questions you are asking in this thread

 
SgButt is writing about himself in this thread in Johor lah.   

He is staying JB mah.   

.