Quote:
Originally Posted by whatnext
How far behind are they on the possession dates originally promised to residential owners?
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previously buyers received letter says that the completion would be July to September, and then on august they received another letter says the completion will be late this year.
I believe, the completion will be no early than the coming spring, or even longer.
we now clearly see that the 2 commercial building with exterior envelop unfinished, are doing really slow, they only have several guys on each site and doing something really unimportant.
why they doing this, i consider now they are facing huge pressure on the completion, which lots of oversea buyers will give up their deposit. 4 years ago, they mostly sold out this building out of Canada, means most of the buyers have to pay 20%. lucky thing is that during the years, they have assigned about 50 -60 contracts, among them may have the number of local buyers increased.