A summary of the Federal Court’s decision in PJD Regency Sdn Bhd v Tribunal Tuntutan Pembeli Rumah & Anor [Federal Court Civil Appeal No. 01(f)-29-10/2019 (W)] and other appeals.
P. E. LIM Case Summary 11/2021 – PJD Regency Sdn Bhd v Tribunal Tuntutan Pembeli Rumah & Anor
The key takeaway is that if a deposit/booking fee/initial fee/expression is collected by developers and there is a delay in the delivery of vacant possession in relation to Scheduled Contracts, liquidated damages will be calculated from the date of payment of the deposit/booking fee/initial fee/expression.
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