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Old Posted Dec 31, 2011, 1:38 PM
williamchung taiwan's Avatar
williamchung taiwan williamchung taiwan is offline
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Quote:
Originally Posted by Ganplosive View Post
there goes the 2017 expected finish date lmao. This building needs to get built man, it's been close to 8 years since they first announced it. Considering how fast the Chinese are putting their towers up, Does this one really require up to 6 years?? I suppose EQ and typhoons do make it more tricky
It is not attractive investment. This BOT only allow investor have 50 years operation period and about 30% porportion of entire building need to hand to government and original land owner.

So you spend billions dollars on construction, and you only have 70% of the buildings and you only have 50 years to get your return back.
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