i am on phase 2 also but have not yet recieved our building license - i do remember , though , that when we purchased our menta apartment it was released later than the tilo and laurels so maybe this is it?
if so , I would not expect completion by May 2009 but in answer to the red herring bit , i believe this investment is going to be great but only for the long term. i think those buying to "flip" would be disappointed by now
I have faith!!