RESHAPING HOUSING LAW: THE IMPACT OF ANG MING LEE ON DEVELOPERS AND BUYERS
The landmark Ang Ming Lee decision by the Federal Court invalidated the Minister’s power to grant extensions of time for housing projects, forcing developers to face Liquidated Ascertained Damages (LAD) claims for delays. Subsequent rulings clarified that this decision applies prospectively, ensuring stability in the housing market while reinforcing the need for strict compliance with statutory contracts. This case has significantly reshaped the legal landscape, emphasizing greater accountability for developers and enhanced protections for property buyers.