Cracks, Leaks, Hazards: Malaysian Lux Condo Buyers Sue Chinese Developer

Cracks, Leaks, Hazards: Malaysian Lux Condo Buyers Sue Chinese Developer

Xu Wei

Date: Mon, 06/25/2018 - 15:48 / source:Yicai
Cracks, Leaks, Hazards: Malaysian Lux Condo Buyers Sue Chinese Developer
Cracks, Leaks, Hazards: Malaysian Lux Condo Buyers Sue Chinese Developer

(Yicai Global) June 25 -- Some 45 luxury condo owners at Danga Bay, a recreational city in Johor Bahu, Malaysia have accused Chinese real estate developer Country Garden Holdings for tampering with the sales contract and delivering low-quality housing, which is not the first time for the Foshan-based firm.

The contracts that the homebuyers had signed were different from the ones that the real estate company came up with later, lacking details such as free dryers and fireproof doors. The Country Garden's version had the buyer's signature only on the last page but the home-purchasers said they had written their names on all the pages.

A Singaporean buyer brought the case to the Tribunal for Home Buyer Claims on alleged discrepancies between the paperwork and the actual furnishings and won the case to receive MYR50,000 (USD12,500) in compensation. Some 30 fellow buyers attended the hearing and noticed that their contracts were similarly faulty.

Country Garden denied the contract fraud and said that the entire transaction process was witnessed by a lawyer.

Country Garden has been a target for much dissatisfaction regarding its projects in Danga Bay. More than 200 homeowners complained in March about problems such as cracked bricks, water leaks, exposed wires and seriously damaged amenities.

Editor: Emmi Laine

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Keywords: Malaysia, Country Garden Holdings, Danga Bay, Johor Bahru, REAL ESTATE, Condo, Luxury Housing, Contract Fraud