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Malaysia - Case Update: Minister Empowered To Extend Delivery Of Vacant Possession. Legal News and Analysis - India, Malaysia - Regulatory & Compliance - Government and Public Sector - ....
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On 19 January 2021 the Federal Court delivered a landmark decision in PJD Regency Sdn Bhd v Tribunal Tuntutan Pembeli Rumah.(1) The apex court decided that in the event of delay of delivery of vacant possession for Schedule G and H-type contracts under Regulation 11(1) of the Housing Development (Control and Licensing) Regulations (HDR) 1989, the timeframe for calculating liquidated and ascertained damages (LADs) begins from the date of payment of the booking fee, not the date of the sale and purchase agreement (for further details please see Housing developers beware – Federal Court upholds This article focuses on PJD s impact on housing developers with respect to their completed and ongoing housing projects under Schedules G and H of the HDR. ....