Pearl Horizon demonstration on Labor Day

A crowd of pre-sale buyers of the troubled “Pearl Horizon” residential complex continued to protest on Labor Day.
The demonstrators, together with a small number of children, assembled at the Border Gate, while Chinese funeral music echoed around the square. Kou Meng Pok, president of the Pearl Horizon Proprietors Association, claimed that  “buyers are now acting more consistently because they have been assembling every Sunday.”
Flags written with sentences like “government grabs land, profiteer grabs money” could be seen by pedestrians walking to and from Zhuhai.
According to Kou, the real estate developer, Polytec Assets, has already promised to give a three-month payment (up to a maximum of MOP30,000 per month) to buyers who meet certain criteria. Approximately 200 people applied for it. “The payment is useless; it is just tinkering. […] Made to maintain social stability,” commented Kou, adding that the demonstrators “do not intend to create chaos,” according to a TDM report.
On Friday, the group of demonstrators published a statement in Macao Daily News accusing the government of not having warned them about the risks when making those purchases. The government replied immediately stating that such cautions were issued by related officials many times. “Since Macau conducts a free market economy, the government has no right to stop the developer from making transactions and also has no right to stop anyone from making purchases,” explained the government, as reported by TDM. Staff reporter