And residents living beside the popular pathway claim they have still not been warned of the problem.
Yesterday, the Evening Times revealed the quay wall on the south side of the Clyde between the Kingston and Tradeston bridges is cracking.
The 278 owners of the properties in the Waterfront development now face a bill in excess of £1million to repair the damage.
Although the city council maintains the walkway, residents own the quay wall which supports it.
Tall metal barriers have been erected near both bridges to prevent people accessing the walkway.
But these have been pulled away at the Kingston Bridge end despite warning signs.
These read: "Danger. Unstable surface. The riverside path is affected by subsidence."
But residents overlooking the river revealed the first they knew of the problem was when they discovered the walkway outside their homes was closed at both ends.
And some still have not received any information about the problem.
A 21-year-old pharmacy student, who asked not to be named, has lived in one of the Waterfront flats for the past three years. He said: "We haven't been told anything about it. What really annoyed me was that it was only when we were walking on the path that we learned there was a risk of subsidence.
"A lot of residents use the path every day but there was no advance warning and we only realised something was wrong we came across a metal barrier blocking the way.
"From now on, I think it will be best if I go out and in through the car park at the back."
Another homeowner insisted she had received no correspondence about the problems at the riverbank.
But a 43-year-old artist, who has lived in her flat just yards from the Clyde since the late 1980s, said she and her husband did receive a letter about the problem from factor Speirs Gumley.
But she admitted she was seriously concerned about the condition of the walkway.
The mum-of-three said: "I was in the flat when the quay wall on the other side of the river collapsed and I saw how quickly it landed in the river.
"People would have had very little chance if they were on the walkway at the time so those who are ignoring the signs are endangering their lives."
When the Evening Times visited, the walkway was busy with people who had squeezed through the barrier carrying the danger signs.
Mums pushed babies in buggies, elderly people were out for a stroll and visitors were taking in the sights,
Lorraine MacDonald, a partner in Speirs Gumley who factor the 278 flats, insisted letters or e-mails were sent out as soon as possible after the problem was discovered.
She said: "We met with the residents' association last week and have managed to get a meeting with the council tomorrow because this is arterial pathway into the city."
A spokesman for the council, which is responsible for the barriers, said: "The walkway was closed as a safety measure and the barriers are in place for that reason. Warning signs are clearly displayed and people are urged to heed them.
"An alternative route is available and people should not risk their safety for the sake of a short cut."