Quote:
Originally Posted by revolutionary
I wish I could share your confidence Sammy.
DAMAC are indeed saying that Lake View will be completed this summer. Peter Riddoch also said last year that it would be delivered last year. There is also a very big difference between DAMAC's understanding of the word completed and that of most normal folk. They said that the structure was complete last year and then went on to add several more re-inforced concrete floors when they had managed to fool enough people into thinking they had actually completed the structure.
I do think the building can be completed this year but it seems that it still takes several months for all the final approvals to come through in JLT.
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I understand your situation with all the delays for sure. But you waited all this time, and few more months should not make any difference to you. I have been selling those Lake Terrace and Lake View units, and I am telling you that people who sold Lake Terrace before completion did so at a much cheaper rate than what people are selling them now, simply because they were in a similar situation to the one you are in now! You should also know that the demand on those Lake terrace units, after completion, has been extremely high even when we still have the owners increasing their prices! It is really a beautiful building and Lake View will be as well.
Keep your property for a bit longer and you will see. Time will only tell..