If your condo developer doesn't deliver ...
05:55 AM Feb 24, 2010
When developers do not meet standards promised in their brochures and agreements, will the Building and Construction Authority (BCA) help buyers?
While it "cannot intervene in private contractual disagreements between buyers and developers", BCA will try to facilitate meetings ... to resolve such disputes, "as part of its standard operating procedure for good service", said National Development Minister Mah Bow Tan in a written reply to a query from Member of Parliament Fatimah Lateef.
Mr Mah cited a list of safeguards in place to protect buyers of uncompleted private residential properties. For instance, developers must ensure no misleading information appears in their ads, and must used prescribed Option to Purchase and Sale and Purchase forms with an avenue for buyers to seek recourse. If defects surface within a year, the buyer can require the developer to rectify these at no charge.
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To know more how this is really work for you and your clients....
Please contact me Terence Tay @ (+65) 9387-5896 or email : terencetay.kh@gmail.com
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