OCN MEDIA RELEASE: 28 JULY 2021
Executive Officer at Owners Corporation Network, Karen Stiles said the tool will take the guesswork out of buying an apartment in NSW.
“The last thing prospective owners need is to spend their life savings buying into a problematic building, but in the past consumers have had to rely on the developer’s word that the property is a safe and sound investment,” Ms Stiles said.
“This tool will give each development a clear risk rating that the buyer can weigh up before committing to a purchase.”