Hi Lydias.
I purchased an apartment and alot of my friends did also. We are disapointed that the developments is stopped are are afraid that we will lose our deposits. The building is to start again in the second quarter of 2009. What bank is going to lend to a development of this scale. If people are afraid and start defaulting on the next payment is the builder going to sue everyone to get their money. I don't know how solvent Kw Linfoot is but I have a fair idea that it can't be good for him now and in the near future.
If go here you will find more posts on it.
Lumiere | On Hold | 172m & 113m | 55fl & 33fl - Page 103 - SkyscraperCity