Buildings and project developments in Singapore are sprouting at a rather incredible rate and they are usually completed on schedule or without lengthy delays.

However, this is not the case in some parts of the world as some buildings are never fully realised due to financial obstacles, political pressures or cultural shifts, according to the Council on Tall Buildings and Urban Habitat (CTBUH) and The Terrace EC.

The Terrace EC Construction

In its recent report, the council revealed some of the building in the world with the longest construction period from 1985 to date. Deficiency of sales and profits in the luxury home section might very quickly end as a variety of ultra-rich buyers now are starting to check the sector for bulk purchases of underpriced high-end residential units along with potential for long-term capital appreciation for The Terrace EC in Punggol.

With almost three decades since it was …