24 Jun '14, 10pm

EcoHouse maintains it will still deliver | | #singapore #brazil #property #realestate #investment #ecohouse

Jun 25, 2014 - PropertyGuru.com.sg Comment E-mail to friend Bookmark & Share EXCLUSIVE: Brazilian social housing investment developer EcoHouse has hit back at claims that it will fail to deliver returns to its thousands of global investors, and maintains that it is fully committed to completing its social housing projects in the South American country. As many as 800 individual Singaporeans invested in the property investment opportunity, enticed by the promise of up to 20 percent returns in just 12 months – and helping to make it the most popular single overseas property investment in 2011. However deadlines, revised deadlines modified contracts and amended payment promises came and went, although EcoHouse remains totally adamant that none of its worldwide investors had instigated any legal action as of mid-June 2014. Deen Bissessar, Chief Operations Officer for EcoHouse,...

Full article: http://www.propertyguru.com.sg/property-management-news/2...

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