The Government strives to protect the rights of those who bought units in Pearl Horizon, and the Government has been paying close attention to the rights and demands of the buyers of the unfinished private housing project. The Government has recently received a request for assistance from buyers of units in the scheme. The Government fully understands their demands and the difficulties they face following a decision to recover the land from Pearl Horizon due to the leaseholder failing to fulfil the land concession agreement. The Government notes however that the case of Pearl Horizon has pending legal proceedings. The Government will be able to propose a solution only when the court has made a decision in relation to those proceedings. The Government pledges to protect the rights of buyers according to the law, notwithstanding the court’s ruling.
