I bought an apartment about 4 years ago.
It's finally ready, after about a 630-day delay from the promised delivery date.
So I called the office to arrange for key collection...and guess what?
The officer asked me whether I know the amount that I will be compensated. I said, sure, it's whatever that was stated in the S&P, right?
Wrong.
She quoted me a number. It was about half of what I calculated based on the S&P.
Well, she was nice and all, and told me that if wish not to accept that offer, I can write a letter to so and so, the boss of her department. So I said OK, i will write the letter.
I asked her, "How can your company give just 50% of the agreed amount? Do you think that's fair? Coz I feel cheated!"
She said, "Well, that is what the company can afford to compensate."
Can afford? Can afford? Don't developers have any respect to legal agreements anymore? What is the extra money going to be used for? To maintain that big monster house on top of the hill in Damansara Perdana? Please. Give me a break.
I decided to purchase the unit because I trusted the developer's excellent reputation at the time. And the developer has failed me.
No need for me to mention the developer's name in here. We all know who that company is already. Blood-sucking bunch of monkeys.