Developer of One Stanley pledges 6-year warranty and checks amid steel bar probe
K Wise offers extra structural coverage and free independent inspections for owners, buyers following claims of missing steel reinforcement
The developer of One Stanley has offered flat owners a six-year structural warranty and free independent property inspections amid an investigation into suspected steel reinforcement deficiencies at the seaside luxury residential development in southern Hong Kong.
K Wise, a subsidiary of One Stanley developer K&K Property, addressed the brewing scandal on Friday, a week after allegations of substandard work were reported by a local property media outlet, issuing a statement outlining remedial measures for homeowners and buyers completing transactions.
“The company understands that the incident has caused concern among property owners, buyers and the public, and will make building safety and safeguarding the interests of owners its top priority,” K Wise said.
