K&K Property Offers Six-Year Structural Warranty for One Stanley Homeowners Amid Defect Concerns
K&K Property has announced it will provide a six-year structural warranty to residents of its One Stanley development in an effort to manage increasing public concern regarding alleged construction defects.
Based on reporting by South China Morning Post:
K&K Property, a developer facing pressure, has stated it intends to give homeowners at its One Stanley development a six-year structural warranty as it attempts to address the growing controversy surrounding alleged construction problems at the complex.
In a statement issued late Friday, the company indicated that it places significant value on the recent public focus on one of the detached residences within the project.
K&K Property further announced that in addition to the initial three-year defect liability period, it will supply a six-year structural warranty, with the calculation beginning from the date of completion.