A review of recent decisions on late delivery and liquidated damages claims under Malaysia's housing development law.
Many businesses — large and small — hold a huge source of great ideas that can help them improve, innovate and grow, yet so many never think of using this valuable corporate asset: their own people.
In the housing-development context, late delivery and liquidated-damages claims remain a recurring source of dispute between purchasers and developers. Recent case law continues to refine how the statutory formula is applied and from which date liability runs.
Purchasers should understand their rights under the statutory sale-and-purchase agreement, while developers must manage delivery timelines and documentation carefully to limit exposure.