Hong Kong steps in to protect buyers of Grand Homm flats, letting customers rip up contracts with refunds and interest

Hong Kong’s government said buyers of an unfinished residential complex in Ho Man Tin can terminate their contracts and be entitled to refunds with interest, as local authorities step in to prevent the city’s first half-done project in decades from hurting consumers.Customers of the Grand Homm project are entitled to their refunds, including interest, within seven days of the cancellation of their sales agreements, according to a statement by the Sales of First-hand Residential Properties…

Hong Kong steps in to protect buyers of Grand Homm flats, letting customers rip up contracts with refunds and interest
Hong Kong’s government said buyers of an unfinished residential complex in Ho Man Tin can terminate their contracts and be entitled to refunds with interest, as local authorities step in to prevent the city’s first half-done project in decades from hurting consumers.Customers of the Grand Homm project are entitled to their refunds, including interest, within seven days of the cancellation of their sales agreements, according to a statement by the Sales of First-hand Residential Properties…