Core Viewpoint - The luxury residential project Zhu Guang·Yu Jing Yi Hao in Guangzhou is facing significant issues, with many homeowners reportedly not receiving their property certificates after five years of purchase, raising concerns about the financial stability of the developer, Zhu Guang Group [1][2][4]. Group 1: Project Overview - Zhu Guang·Yu Jing Yi Hao is known for its high property prices, reaching 70,000 CNY per square meter, and even exceeding 110,000 CNY per square meter in 2019 [1]. - The project is strategically located along the river, making it one of Guangzhou's notable luxury properties [1]. Group 2: Homeowners' Issues - Homeowners have been protesting due to the lack of property certificates since their purchases around 2020, with some properties allegedly being mortgaged without their consent [2][5]. - Reports indicate that a significant number of units in Zhu Guang·Yu Jing Yi Hao are currently under seizure, with evidence showing that nearly half of the units in certain buildings are affected [8][11]. Group 3: Developer's Financial Struggles - Zhu Guang Group is reportedly facing severe cash flow issues, leading to the unauthorized mortgaging of properties to secure loans, which has prevented homeowners from obtaining their property certificates [5][14]. - The company has been experiencing increasing financial losses, with a reported loss of 3.4 billion HKD in 2024, a 293.95% increase from the previous year [40]. - The developer is currently in discussions with creditors regarding over 3 billion HKD in unpaid loans, indicating a precarious financial situation [41][43].
哭死了！广州10万+豪宅业主，买房5年，办不了房产证！