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The Vertex saga rolls on as former Evergrande project’s developer hit with fine
Summary by South China Morning Post
1 Articles
1 Articles
The Vertex saga rolls on as former Evergrande project’s developer hit with fine
The developer of The Vertex – a residential project in Cheung Sha Wan once owned by failed property giant China Evergrande Group – has been fined HK$770,000 (US$98,100) for failing to properly record transactions related to the complex. Twin City Holdings Limited was found to have violated a residential properties ordinance by failing to disclose details of payment terms – such as price discounts and other financial incentives – on sales at the …
·Hong Kong, Hong Kong
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