Abandoned projects can be shattering for property buyers and the surrounding neighbourhood. This was mainly due to poor finance and partly due not being feasible, poor management and marketing.
As a result, financier and private owners are at lost and continue servicing the loan.
These abandon structure decay very quickly if not address sooner. It also becomes and eye-sore to neighbouring structure.
The longer the delay, the costlier it will be to revive these projects.
