High Court Ordered Developer to Refund Payments to Purchaser After Termination of Sale and Purchase Agreements.

November 16, 2021

The High Court upheld the rights of the purchaser of development units to recover partial refund of purchase price upon the termination of the statutory sale and purchase agreements (Schedule H).

The Court held, inter alia, that following the termination of the said sale and purchase agreements, the developer has the contractual duty under clause 10 (1)(i)(b)(i) of the sale and purchase agreements to make partial refund of payments made by the purchaser.

Amos Ho Chern Wey acted for the successful purchaser.