off the plan

Karen Stiles talked with Dr Elizabeth Farrelly, Sydney-based author, architecture critic, essayist, columnist and speaker. We canvassed topics such as tips and tricks for buying off the plan, the scourge of building defects, a new phrase "strata-induced poverty", and the wonderful strata living construct. Listen to the 23/11/23 segment:> https://eastsidefm.org/thesydneyist/ Related information:> https://ocn.org.au/off-the-plan-contracts-for-residential-properties/

27 OCTOBER 2023 OCN's Karen Stiles talks to Dom Knight about the radical Undertaking between the NSW Building Commissioner and the Imperial Tower Financier to refund off the plan deposits to around 100 purchasers. Listen:>

27 OCTOBER 2023 A landmark deal has been struck allowing people who bought apartments with major defects to get their deposit back. The deal will apply to more than a hundred people who purchased units in Sydney's Imperial Towers. Described as a 'radical' first for New South Wales, the breakthrough is expected to make waves across the finance industry. Watch the full video:> HERE

27 OCTOBER 2023 Nearly 100 people who purchased defective apartments in a Western Sydney development will have their contracts rescinded and deposits returned under a landmark agreement. Key points: Government inspectors found "serious defects" in 2021 and stopped buyers from moving in Developer said "serious defects" had been rectified prior to the receiver being appointed Apartments can't be sold for 10 years, and future buyers must be alerted to any defects [...]