current situation and your statement
Thank you for your statement. Due to the time passed between the allegations and now, many comments have been posted on forums and I know of several buyers either pulling out or considering this (myself included). For the Regency Beach project, we have all paid deposits. Can you assure us that these will be returned, without having to resort to lawyers etc.., if we choose this course of action. This assurance would allow many of us to hang on for these very overdue contracts and plans and excercise the right to cancel within X number of days should they not be what we were expecting.
Also are there any investigations into the company's activities or associated companies? This answer directly from you would count for a great deal as this is not clear from your statement.
Another cause of great concern is the inclusion of / non inclusion of communal areas in the purchased area of apartments. Many other buyers have expressed their intention to pull out if communal areas are included as this dilutes their purchase or increases the square metre price significantly on the net area. can you confirm what is the exact situation with this.
Thank you for your participation. I, like many others, had and still could have really high hopes for the Regency Beach development but there are many questions that need satisfactory answers.
No answer to this post would suggest many things.
Regards,
Neil
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