Alpine Return
All 3 names
Alpine Return Sdn Bhd, Alpine Return Sdn Bhd, a joint venture between Symphony Life Berhad and United Malayan Land Berhad, Alpine Return Sdn Bhd, a 50:50 joint venture of Symphony Life Bhd and United Malayan Land BhdHow their buildings read
1 poor, 2 fair
Outcomes still vary building by building. Check the building, not the brochure.
What we found
In a 2021 High Court decision, the court refused purchasers' claim for liquidated damages on a 36-month completion period for Residensi Star, after the Controller of Housing had granted an extension of time to 60 months in 2014 and the court applied estoppel against the purchasers.
The evidence
Delivery
For Residensi Star, the developer applied to extend the completion period from 36 to 60 months on advice from its architect and consultant, and a notice of vacant possession was issued on 11 November 2019, after the SPAs were executed with the extended period.
Regulatory and legal
MixedA Federal Court decision in 2020 held that the regulation allowing the Controller of Housing to modify the sale contract terms and deny the purchasers' LAD claim does not comply with the Regulations' purpose of protecting purchasers, and the Alpine Return appeal was decided against the developer's position in the Court of Appeal's treatment of Ang Ming Lee, as summarised in a practitioner slide deck.
One more finding
The purchasers of Residensi Star sued the developer seeking LAD on the original 36-month period, and the High Court dismissed that claim in July 2021, with the matter then pending appeal in the Court of Appeal.
Corporate continuity
A marketing press release states that Alpine Return is a 50:50 joint venture between UM Land and Symphony Life with Samsung C&T as the trusted builder, which is the developer's partners' framing rather than an independent filing.
One more finding
Alpine Return Sdn Bhd is described on third-party profile sites as a 50:50 joint venture between Symphony Life Berhad and United Malayan Land Berhad, with Symphony Life formerly known as Bolton Berhad.