There are no new plans. Those who have started constructing apartment buildings will complete them because the units were pre-sold.
Property developers who are ready to deliver the apartments are having a hard time getting the buyers to complete payment.
In fact, a property developer told Malaya Business Insight that there are 40 apartments in Rockwell of the Lopezes which are up for sale. Some want to convert the asset into cash.
Some do not want to part with their money by paying the balance or have better uses for it.