to Expat Source - thanks for the info.
I have been living at Nassim Park for over 2 years now and haven't been told anything by my landlord.
Whilst I am sad about the destruction of the place, I am also saddened by the thought of the possibilty of the loss of employment of the people who attend to the gardens, maintenance, etc.
On the brighter side, those who have leases about to expire can really get a good deal if they decide to stay on for a bit longer. I know that if I wanted to stay on I'd offer a much lesser amount.