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No end in sight for buyers of 2 new condos; still under construction despite 2016 TOP
Sycamore Tree and Laurel Tree due to get TOP in 2016, but still under construction
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Astoria Development, which is behind the Sycamore Tree project (above) in Joo Chiat, was ruled by the High Court as being effectively insolvent as of Sept 25, as it could not pay de facto main contractor G1 Construction the sums owed.
ST PHOTO: SYAZA NISRINA
Cara Wong
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In May 2012, Ms Emmeline Ho's parents bought a studio apartment at the Sycamore Tree condominium in Joo Chiat, due to be completed by end-2016, on her recommendation.
Her parents, who are in their 60s and run a drinks stall at Old Airport Road Food Centre, invested most of their life savings into the unit.
