Any update po on your case? I have the same situation now with my developer.
I have paid more than 5 yrs already.
Developer is offering only half of the 50%.
Deal or no Deal daw. Kesyo may deductions raw. marketing, operating expenses etc pati house depreciation sinama pa.
I went to HLURB. They verified na entitled ako sa 50% refund ng total payments plus 5% for each year after the first 5 yrs of payment.
They told me to file a complaint. After a month, a meeting will be set with the developer. Sa complaint ko I asked them to justify their computation. Kase pulos verbal lng si developer eh. Sa meeting, HLURB will act as the court, they will mediate daw for me and developer. Im expecting by end of April pa ang 1st meeting.
So far, eto pa lng ang hakbang ko towards getting my refund under Maceda Law. Im interested to know kung meron na bang nabigyan ng refund ng FULL 50% with the help of HLURB.
Thank you and good luck po sa atin with the same concern.