PUTRAJAYA: Homebuyers can no longer make financial claims against developers for properties that received extensions of time (EOT) before 2020. 

A five-member bench of the Federal Court led by Court of Appeal President Tan Sri Abang Iskandar Abang Hashim made the landmark ruling today, The Edgemarket reported.  

The top court unanimously ruled that the Ang Ming Lee decision made in 2020, which has caused issues for housing developers despite them receiving EOT before the landmark ruling, will apply only to future cases and not to past ones. 

The court said homebuyers are restricted from challenging or seeking compensation for delays that were approved before the Ang Ming Lee decision, and they must accept the extensions granted to developers prior to that ruling. 

https://www.nst.com.my/news/nation/2024/07/1081943/court-rules-no financial claims-can-be-made-properties-extensions-time