Property agent leaves them with major debt from unpaid bank loans - News Summed Up

Property agent leaves them with major debt from unpaid bank loans


KULAI: Two technicians’ hopes of owning a house were dashed when the property agent they were dealing with failed to repay their loans as promised. Wong said he now owed the bank about RM70,000 in loan repayments and that his two units had been put up for bank auction. Another victim with a similar plight, known only as Lew, 30, said he also bought two units from the same agent. “The case has been referred to the magistrate and the victims are advised to file for legal action against the agent. “I also advise property buyers to be more careful before agreeing to schemes that sound too good to be true, ” he said.


Source: The Star August 27, 2020 22:52 UTC



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