Referral Reward Programme (GLRR)

1. For the Introducer to be eligible for the GLRR:-

  • The Introducer must be a valid GL Friends member.
  • The Introducer is not an employee of GL Group and/or GL Group's shareholders, their shareholders' subsidiaries, associates, jointly controlled entities and affiliates (“Gamuda Group”); and.
  • T&C 2 must be fulfilled.

2. The criteria for the Purchaser shall be as follows:-

  • a. the Purchaser must be a new purchaser purchasing the Purchaser’s Unit directly from the Developer. If the Purchaser’s Unit SPA (as hereinafter defined) is made under joint names, all the purchasers must be new purchasers. For avoidance of doubt, “new purchaser” means any purchaser that has never purchased any property from any company under GL Group previously;
  • b. the Developer shall exclude any project(s):-
    • developed outside Malaysia; and/or
    • developed by Gamuda GM Klang Sdn Bhd; and/or
    • developed by Gamuda GM Sdn Bhd;
  • c. the Purchaser’s Unit must not be categorized as “Rumah Selangorku (RSKU)” and/or affordable homes by the Developer;
  • d. the Purchaser is not an employee of GL Group and/or GL Group’s shareholders, their shareholders’ subsidiaries, associates, jointly controlled entities and affiliates (“Gamuda Group”);
  • e. the Purchaser did not purchase the Purchaser’s Unit from any third party entities/companies appointed/engaged by GL Group including but not limited to real estate agents; and
  • f. the Purchaser’s Unit SPA is dated after 1st August 2018.

3. The Introducer is responsible:-

  • to inform developer of such introduction and identify the purchaser to sales personnel and such introduction shall be made before the purchaser had purchased or agreed to purchase the property
  • to obtain the consent from the purchaser that the introducer will forward the purchaser’s personal data to developer
  • to ensure GLRR form is completed and signed by both the Introducer and Purchaser before the purchaser had purchased or agreed to purchase the property;
  • to ensure developer acknowledged receipt the GLRR form;

4. Within thirty (30) days from the date of offer to purchase of the Purchaser’s Unit by the Purchaser

  • a. a copy of the sale and purchase agreement signed between the Vendor and the Introducer (“Introducer’s Unit SPA”) and duly stamped as proof of the Introducer’s purchase or any other relevant documents have to be submitted to the Developer, if required.

5. The Purchaser must have:-

  • a. fully paid the 1st 10% of the Purchaser’s Unit SPA Price and the Taxes (as hereinafter defined), if any, less any applicable rebates as set out in the incentive letter issued by the Developer to the Purchaser (“Incentive Letter”), if any;
  • b. executed the sale and purchase agreement (“Purchaser’s Unit SPA”) and such other documents required by the Developer:-
    • i. if there is an Incentive Letter, within the time frame as set out in the Incentive Letter; or
    • ii. if either:-
      • aa. there is no Incentive Letter; or
      • bb. there is no time frame provided in the Incentive Letter; within thirty (30) days from the date of the offer to purchase; and
  • c. either:-
    • i. obtained a financing to part finance the purchase of the Purchaser’s Unit (“Financing”), whereby the Purchaser shall comply with the following:-
      • 1. the Purchaser and/or such third party borrower(s), if applicable, and/or such other security party(ies) must have executed the Financing Security Documents (as hereinafter defined):-
        • aa. if there is an Incentive Letter, within the time frame as set out in the Incentive Letter; or
        • bb. if either:-
          • A. there is no Incentive Letter; or
          • B. there is no time frame provided in the Incentive Letter;
          • C. within the time frame as set out in the letter of offer issued by the end-financier (approved by the Developer) financing the purchase of the Purchaser’s Unit (“Financier”); or
          • D. if there is no time frame set out by the Financier, within ninety (90) days from the date of offer to purchase of the Purchaser’s Unit;
        For the purpose of this GLRR, the “Financing Security Documents” shall refer to the facility agreement, the deed of assignment and the power of attorney, or its equivalent for any financing under Islamic principles and such other documents as may be required by the Financier;
      • 2. the letter of undertaking from the Financier in favour of the Developer in the form and substance as accepted by the Developer shall have been received by the Developer;
      • 3. the Financing Security Documents must have been duly stamped and the Purchaser must have complied with all conditions precedent imposed by the Financier for advice by the Financier’s solicitors for drawdown of the Financing towards payment of the Purchaser’s Unit SPA Price in accordance with the progress invoice(s); and
      • 4. the sum between the Purchaser’s Unit SPA Price and the Financing (“Differential Sum”) shall have been settled by the Purchaser to the Developer either:-
        • aa. if there is an Incentive Letter, within the time frame as set out in the Incentive Letter; or
        • bb. if either:-
          • A. there is no Incentive Letter; or
          • B. there is no time frame provided in the Incentive Letter;
          within the time frame as set out in the progress invoice(s) in respect of the Purchaser’s Unit; or
    • ii. not obtaining any Financing, the Purchaser shall have confirmed to the Developer that the Purchaser and/or the Purchaser via any third party borrower(s) do/does not intend to apply and obtain any financing to finance the purchase of the Purchaser’s Unit:-
      • 1. if there is an Incentive Letter, within the time frame as set out in the Incentive Letter; or
      • 2. if either:-
        • aa. if there is an Incentive Letter, within the time frame as set out in the Incentive Letter; or
        • bb. if either:-
          • A. there is no Incentive Letter; or
          • B. there is no time frame provided in the Incentive Letter;
          within ninety (90) days from the date of offer to purchase of the Purchaser’s Unit.

6. If:-

  • a. T&C 5(c)(i) (subject to compliance of T&Cs 3 and 5 above) is applicable, the GLRR (the percentage or amount of which shall be determined by the sole discretion of the Developer) based on the SPA Net Price (as hereinafter defined) will be given free of interest to the Introducer by the Developer within sixty (60) days from the date of receipt by the Developer of the 1st payment towards the Purchaser’s Unit SPA Price from the Financier.
  • For avoidance of doubt, “SPA Net Price” shall be defined as the Purchaser’s Unit SPA Price less any discounts and/or applicable rebates given by the Developer under the Incentive Letter and/or any other deductions in any other way whatsoever provided by the Developer and/or GL Group in respect of the Purchaser’s Unit.
  • b. T&C 5(c)(ii) (subject to compliance of T&Cs 3 and 5 above) is applicable, the GLRR (the percentage or amount if which shall be determined by the sole discretion of the Developer) based on the SPA Net Price will be given free of interest to the Introducer by the Developer within sixty (60) days from the date of receipt by the Developer of not less than 20% of the Purchaser’s Unit SPA Price excluding any discounts and/or applicable rebates given by the Developer under the Incentive Letter and/or any other deductions in any other way whatsoever provided by the Developer and/or GL Group in respect of the Purchaser’s Unit.

7. The GLRR shall be deemed to be inclusive of the goods and services tax and/or any other applicable duties and taxes which may be imposed from time to time by any relevant authorities (“Taxes”) .

8. In the event:-

  • a. this T&C is not complied with; and/or
  • b. the Purchaser’s Unit SPA is terminated for any reason whatsoever; and/or
  • c. there is any bankruptcy proceeding or winding -up proceeding commenced against the Introducer or the Introducer is adjudged a bankrupt or there is an appointment of an official administrator or liquidator on behalf of the Introducer on or before the payment of the GLRR; and/or
  • d. there is any acts or omissions of the Introducer including but not limited to participating in protests and demonstrations, posting photos and articles or making statements which in the Developer’s sole opinion (which opinion shall be final and binding on the Introducer) directly or indirectly bring the Developer and/or Gamuda Group into disrepute and/or against the best interest of Gamuda Group;
  • e. there is any breach of any applicable laws, rules, regulations, by laws or requirements, whether or not having the force of law, by the Introducer and/or Purchaser; and/or
  • f. there is any non-disclosure, fraud, cheating or deception by the Introducer and/or Purchaser as determined in the Developer’s sole opinion (which opinion shall be final and binding on the Introducer and/or Purchaser; and/or
  • g. inaccurate or incorrect information and/or disclosures by the Introducer and/or Purchaser;
  • then, the following shall take place:-
  • h. the form shall be deemed automatically terminated;
  • i. the Introducer's entitlement to the GLRR shall automatically lapse and be considered null and void;
  • j. the Introducer shall not be entitled to the GLRR or any part thereof; and
  • k. the Introducer shall not have any actions, claims, proceedings and/or suits in any way whatsoever against the Developer in respect of this form and the GLRR.

9. If T&C 8 occurs after the payment of the GLRR then the Introducer confirms that the GLRR shall be considered a debt due by the Introducer to the Developer which shall be immediately repayable by the Introducer to the Developer. The Developer reserves its right to claim from the Introducer the GLRR in which event all costs and expenses (including solicitor client's costs), if any, incurred to enforce such right shall be borne by the Introducer.

10. The Introducer's entitlement to the GLRR is personal to the Introducer and it is non-transferable / non-assignable to any third party or to any other properties of the Introducer and/or Purchaser for any reason whatsoever.

11. The GLRR paid to the Introducer is a taxable income of Introducer.

12. The GLRR will only be payable by the Developer to the Introducer and cannot be exchanged for or redeemed against any other forms of payment or entitlement, kind, concessions or favour in whatever name called (such as additional rebate in the form of Credit Note, part of the payment to the differential sum or such other forms as the Developer may at its sole discretion determine)

13. The Introducer shall abide strictly by this terms and conditions and shall fully indemnify and hold the Developer harmless against any and all losses, damages, claims, proceedings, actions, fines, penalties, costs and expenses which the Developer may suffer or incur arising from the Introducer's acceptance of participation in the GLRR or from breach by the Introducer of this T&C.

14. The Introducer shall only be entitled to the GLRR provided that the Purchaser has complied with this T&C and the Introducer shall not be entitled to participate concurrently in any other schemes offered by the Developer whether such schemes are running concurrently or consecutively (unless otherwise allowed under such other schemes). Changing from one scheme to another is strictly prohibited.

15. The Developer reserves the right to:-

  • determine the entitlement of the Introducer for the participation of this GLRR and to decide on any other matters pertaining to this GLRR and the decision by the Developer shall be final, conclusive and binding on the Introducer; and/or
  • at any time without prior notice terminate, discontinue or suspend the GLRR at the Developer’s sole and absolute discretion in which case, the Developer may elect not to award any of the GLRR. Such termination, discontinuation or suspension shall not give rise to any claim by the Introducer. If the Developer resumes the GLRR, the Introducer shall abide by the Developer’s decision regarding resumption of the GLRR and the disposition of the GLRR; and/or
  • at any time amend in the Developer’s sole and absolute discretion the list of Projects in T&C 2(b).

16. The Developer’s decisions on all matters relating to the GLRR (including but not limited to any inconsistencies in any of these T&C) shall be final, binding and conclusive on the Introducer. No discussion, correspondence, enquiry, appeal or challenge in respect of any decision of the Developer shall be entertained in any way whatsoever.

17. The Introducer hereby irrevocably waives all rights to make any oral or written complaints, public announcements or statements on the GLRR, unless with the prior written consent of the Developer.

18. The Developer shall not be liable to the Introducer for any failure to fulfil any terms of this T&C for any reason whatsoever including but not limited to any other circumstances of whatsoever nature beyond the control of the Developer.

19. The form shall be binding on the Introducer, heirs and/or personal representatives or Introducer's successors in title, as the case may be, and shall be governed by the laws of Malaysia.

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