^^ Ano kayang brand ng elevator? Wag naman na sana "Brilliant"! :lol: I know there are issues with elevators in current projects, pero di naman kaya overkill yung 12 elevators for 1 building?
Good luck with PMO and the residents. There had been issues with some non-local tenants, mostly Chinese mainlanders, in other condos. Hopefully, there would be enough lessons/best practices on how to deal with these issues when Fairlane is turned over.Bulk of Foreign buyers are Chinese with multiple purchases
I guess contracts with notarization date after the 40% limit is filled are considered invalid. Next step is for DMCI to notify the owners and provide full refund, then reopen the units to Filipino buyers. But it could be complicated for those who bought resale units since the amount paid to DMCI (based on the original TCP) may be lower than the amount they have paid the original owner (with gain).I was informed by DMCI customer care that the current foreign ownership of Fairlane is at a whopping 65%, well above the legal limit of 40%. It wasn't checked properly during the course of many ownership transfers that happened.
Anyone familiar with how such a situation can be justified or remedied? As far as I know, that's allowed only if the condo corp just leases the land, but DMCI doesn't do leasehold ownership.