QUOTE(brother love @ Feb 15 2015, 05:26 PM)
Me sure many buyers bought in mind with the mall coming up ( at the same time) maybe should bring this matter with the media than only the developer starts listening
its not just bear in mind, the media publication and public forums all state they will complete the mall by 2013, if you google wharf shopping mall 2013 online. their yearly report also state they will build since 2011 but every year they keep saying the same thing EVERY YEAR like they will break ground for the mall "this year". it is much much more than just a verbal promise.
sure. we can sue but cannot get compensated because this is one that has cause no liquidated damages to buyers, or at least it is very hard to prove.
Some wharf units owners banded together in 2014 there are lawyers among them and discuss possible legal action. the media promising to build the mall in 2013 is as binding as any SnP BUT owners cannot show liquidated money damages because Bolton's lawyers argued the missing mall has not caused any provable money loss. in fact Bolton argue and can prove that property prices increased after VP, even without the mall. Bolton also played victim card by saying MPSJ always reject their permit application for the mall.
funny thing is Bolton doesn't encounter hardship getting permit for all residential projects but for 1 mall they are rejected tens of times over last 7 years.
they really think the buyers are stupid.
some owners sue over defect issues and won small amount is because Bolton allow them to win to make the playing field look fair, so gullible future buyers will believe that the law will protect them even if it is a bad investment.
now we are asking them to keep their promise by spending hundreds of millions to build the mall. it is a total different story now. they can spend lot less than that keeping some judges and more lawyers in their pockets so we can never win.
the lawyers think Bolton will do everything in their power to fight us because they cannot lose, loosing means they cannot use this empty promise shopping mall trick to sell future projects and also will invite more owners to sue them in future.
you are right, the onli way now is to get the media in. maybe the politicians too.
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