The High Court has issued an injunction to restrain Lakefront Resident Sdn Bhd, Timeless Hectares Sdn Bhd, and Avalan Bhd from developing commercial properties in LakefrontVilla @Cyberjaya.
Judicial Commissioner Leong Wai Hong said the developer was obliged to meet its side of the bargain since it had contracted with the buyers to deliver residential development with specific features.He said the court will always treat developers and property buyers fairly and squarely, without fear or favour.
He also declared that the project should only comprise residential properties and granted an injunction to restrain the defendants or their agents from proceeding with any commercial development. MCT had at the project’s launch in 2014 issued brochures to potential buyers regarding the project involving the building of 110 exclusive villas valued at between RM1.8 million and RM3.6 million.