Is there any guarantee what you buy will ever be fully funded and finished? Sounds like a nice hole to pour your money into and never see it again. I guess you could move in without utilities if your floor is finished

The problem is can you trust the structure/QA process, is the documentation in place etc. Otherwise it’s a liability nightmare

Anyone with the means and ability to take over a project is going to know what they’re getting into before signing any papers or handing over any money :)

Right and that can also mean it might be a tough liquidation to find someone with the means and ability.

Tough doesn't mean it can't happen, just that it might be harder than normal to square it away

Yep. And the presumption during construction was creating a usable building, so it's not necessarily all that risky. The risk is in monetizing that floor space.

I somehow think the ccp might look favourably and ignore some liabilities if someone else becomes the new bag holder, you know, saving their RE industry and stuff

Yes I'm sure they're following all of those in China, and buildings don't just fall like a pancake