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Since gov had offer HOC this year, i took this opportunity to invest in a new property. I have actually made a booking for a property. The loan had already approved at 85%. But to the very last minute, i fail to sign on the S&P due to the HOC entitlement matter. Developer trying to play around with the figures and asking me to pay more down payment from what i have agreed previously (15% downpayment, 85% loan). Developer wanted to me to pay (20% downpayment, 80% loan) in which i could not afford. And lastly i found that the developer had some problem submitting my HOC application because the APDL price developer submitted for REDHA is lower, and after the minimum requested 10% discount by the gov for the HOC, it is unable to match with the SPA price.
Does the developer have the right not to apply HOC for buyer even though buyer is entitle? Where to lodge a report that the developer is Cheating buyer on the HOC status?
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