This MWKA Online Talk was delivered on 28 February 2024 by Mr Michael Koh, Ms Noelle Au Yong and moderated by Ms Agalya J Munusamy. Please visit https://mahwengkwai.com/talks-signup/ to register for upcoming talks.

Overview:

As a developer, avoiding delays in the delivery of vacant possession and minimising the payment of liquidated damages or liquidated ascertained damages (LAD) to purchasers is critical to profitability and sustainability. Join us in this webinar as our speakers explain how the period for completion is calculated, and recent developments in case law on the delivery of vacant possession. This knowledge is essential for developers seeking to mitigate risks and ensure compliance.

Talk points:

  • Effect of deposit payments on the date of completion
  • Validity of an extension of time given by the Controller of Housing
  • Delivery of vacant possession and the connection of utilities
  • Notice of vacant possession and the delivery of keys

Speaker: Michael Koh (Senior Associate), Noelle Au Yong (Associate)
Moderator: Agalya J Munusamyh (Senior Associate)

A copy of the talk slides in PDF format is available for download here.

Delays and Damages: LAD Insights and Updates for Developers
Date

10 March, 2024

Category

Video Gallery