When BF and I bought the house, there was a huge empty lot across the street. We later learned it was three individual lots. The builder/developer tried sell the lots, but the economic recession changed their plans.
Two of the lots are still uncleared and offer a nice view from our front yard.
The third lot currently has a house being built on it. From the looks of it, the house should turn out very nicely. There's a FOR SALE sign posted in front of the construction site.
I'm somewhat baffled as to why a developer would build a home before finding a buyer during these economic times. On a positive note, having such a nice new home should increase our property value. I can't complain too much.
Would you like to purchase a brand new home deep in the heart of the Mandarin? You could be our neighbors. We're very friendly and my husband is very handy :)