The incident adds to concern voiced over transparency Real estate developers have been urged again to be more transparent about selling residential properties after yet another project was found to be withholding vital construction information from prospective buyers. The calls came as the Real Estate Developers Association was putting the final touches to a new compliance committee to hear complaints against dubious sales practices. A visit by the South China Morning Post to Nan Fung Development's La Place de Victoria at North Point found customers were being refused sales brochures despite repeated requests. Sales agents approached by the Post said the developer would not give them any brochures. When the Post approached the developer's counter and demanded a copy of the sales brochure, a member of staff provided three copies of price lists instead. It is the first time a property project has been found to be unable to produce sale brochures. Previous complaints against developers were about failure to provide price lists. Nan Fung declined to comment. A senior housing official, who did not want to be named, was shocked by the latest incident. 'Of course, it is wrong,' the official said. 'The developers should seriously think about how to improve transparency when they announce details of their compliance committee later this month. Anything cosmetic is unacceptable.' Democratic Party chairman Lee Wing-tat, chairman of the Legco housing panel, demanded that developers come up with a code of best practice on sales. 'They are using every loophole. I am fed up with complaints against them,' he said. 'They try every single means to deprive buyers of their rights to information. How can buyers make sound judgments when they do not have sufficient information?' The Consumer Council said although the developer had not acted illegally as there was no statutory regulation over property sales, 'visitors should be given sale brochures either through the sales agents or by the developer's staff'. Developers are supposed to follow guidelines set by the developers' association that specify that price lists and sales brochures should be provided to buyers, but only for uncompleted residential projects. There is no penalty for non-compliance. Completed projects such as the Nan Fung project in North Point are outside the ambit of the guidelines. Rows that started in the summer about developers' failure to provide price lists forced the association to set up a compliance committee. The association is also considering appointing outsiders to join the committee to listen to complaints. Details of the committee will be announced by the end of this month. Bad practice August 2006 Cheung Kong (Holdings) is criticised for not providing a price list for Le Point in Tiu Keng Leng. August 2006 Cable TV records a Sun Hung Kai Properties' representative demanding HK$50,000 for a price list for Ocean Crest. September 2006 Henderson Land's Grand Waterfront in To Kwa Wan demands prospective buyers pay HK$100,000 to enter ballot. September 2006 A Post reader complains about Cheung Kong's refusal to offer a price list for Le Point.