Polytec Asset Holdings Limited Chairman Or Wai Sheun said yesterday he was willing to put Pearl Horizon pre-sale buyers’ interests first when dealing with the Pearl Horizon residential project dispute, while Kou Meng Pok, the president of the Pearl Horizon Condominium Owners United Association, said Or’s motive was merely to show society that he was sincere about solving the row.
The residential project has been mothballed since the government decided in 2015 to axe the ill-fated project’s temporary land concession that had expired. The government has repeatedly said that the issue must be solved in strict adherence with the Land Law. The developer, Hong Kong-based Polytec, is suing the government over the matter.
Or, a members of the National Committee of the Chinese People’s Political Consultative Conference (CPPCC), made the remarks in Beijing on the sidelines of the “two sessions” – the annual sessions of the country’s top legislature, the National People’s Congress (NPC), and its top political advisory body, the CPPCC National Committee.
This photo taken yesterday shows a car parked near the entrance of the construction site of the ill-fated Pearl Horizon residential project in Areia Preta. Photo: Debby Seng
