Defects Liability Period for New Condo
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Brand New Purchase Comes with added security to ensure your new home quality will be perfect. You will be able to make your money worth & ensure the property to be in prefect condition.
Here the Defects Liability Period of 12 month come into play.
The developer is required to rectify all problems with your new unit with No Cost Required from you.
New Purchases will also save you the headache of Repairs ( Cost Avg. 3k to 10k ) and Revamping Renovation ( Cost Avg. min 30k to 250k ) compare to an older aged Condo.
The Timeline of 12 months start from the day of receiving the Notice of Vacant Possession, also known as the Defects Liability Period (DLP), the developer is responsible for any defect that occurs in the unit, the housing project and the common property.
Here is the actual workflow of handling a defect checks from the start
Source: BCA
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