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Capital World subsidiary faces claims for failure to deliver vacant unit sold in 2021

The buyer is seeking a refund of around $97,337 (RM327,953).

 

Capital City Property, a wholly-owned subsidiary of Capital World Limited, is facing claims worth more than $97,337 (RM327,953) for failing to deliver a vacant service unit it sold in 2021.

On 20 August 2025, Capital City received a letter dated 14 August from the legal firm acting for Chong Kim Chuan demanding a refund for “failing to deliver the vacant possession of the unit within 52 months from the date of the sale agreement it entered into on 14 March 2021.”

The sum comprises a refund for the purchase price of the unit amounting to $87,111 (RM286,212), and the interest paid to the claimant’s end-financier amounting to $12,703 (RM41,740).

Capital City is required to appear in court within 14 days of being served the letter. If it fails to do so, the claimant may proceed with the action and enter judgment against Capital City without further notice.  

Capital World said that it is seeking legal advice on the matter, with the case management scheduled for 11 September in the Johor Bahru Session Court.

$1 = RM3.29

 

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