The Democratic Party chairman will demand the Lands Department tighten controls on the sale of incomplete residential projects when he meets officials today amid public calls for stringent measures to protect property buyers.
Lee Wing-tat wants the department to regulate - through the pre-sale consent developers must obtain before selling - uncompleted residential projects, with non-compliance resulting in suspension of sales.
He also demanded that the Real Estate Developers' Association meet and explain to the public as soon as possible allegations that Sun Hung Kai Properties and Cheung Kong (Holdings) failed to comply with its internal guidelines.
'If the government refuses to impose conditions to ensure developers follow rules, I will ask the Legislative Council's housing panel to follow up the issue,' Mr Lee said.
The association had been scheduled to meet yesterday to discuss whether the non-binding guidelines governing the sales of uncompleted residential projects need to be improved. But it postponed the meeting without explanation.
The meeting was called to address public concern after Sun Hung Kai Properties was accused by the media of demanding that potential buyers pay a $50,000 deposit to see the price list for sales of 50 units of Park Island's Ocean Crest.