One Stanley developer offers extra warranty
The developer embroiled in a controversy over suspected improper steel reinforcement at a luxury residential project in Stanley says it will provide homeowners with an additional structural warranty alongside free inspections. In a statement on Friday, K&K Property stressed that according to information released by the Buildings Department, the overall structure of the house in question at the…
K&K Property, the developer at the center of controversy surrounding the One Stanley luxury residential project, has announced it will provide homeowners with an additional six-year structural warranty. In a statement on Friday, the developer emphasized that building safety and owner interests remain their top priorities. K&K Property stated that it has made contact with the owner and offered to co-hire independent professionals for a further inspection.
However, the developer revealed that discussions regarding transaction arrangements and the owner's demands were unsuccessful. Despite this setback, K&K Property remains committed to cooperating fully with the Buildings Department's investigation into the incident.
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