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"I am a BLOGGER NOT an expert. This is a BLOG not a 'go-to' website for official information. I represent no one's view save my own. I have neither legal nor financial training, nor do I have anything to do with the real estate industry. My understanding of the Collective Sale Process is from a layman's position only. My calculations, computations and tables are homespun and may contain errors. Please note that nothing in this blog constitutes any legal or financial advice to anyone reading it. You should refer to your lawyer, CSC or financial adviser for expert advice before making any decision. This disclaimer is applicable to every post and comment on the blog. Read at your own risk."
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There is one thing worse than an Enbloc ----- and that is an Enbloc done badly. Since the majority have the necessary mandate to sell, then they owe it to all SPs to make a success of it. Minority SPs can only watch and wait, if they sell then lets pray it's at a price we can move on with, if they don't sell, then we are happy to stay for a few more years.

Minority meeting

The en bloc solicitor will be holding a dialogue session this coming Saturday at the CC to ‘try and understand each parties’ concerns and views in the hope of arriving at an amicable resolution to the matter”.

Their invitation is extended not just to the 38 minority owners who have engaged legal represeantation at the upcoming STB appeal, but to all minority owners in the estate. It will be the first time that minority owners will meet apart from the majority group. In such a large estate as ours, it is easy to feel isolated and acting as a lone voice. Minority owners may wish to take the opportunity to see that they are not alone in this matter of opposing the collective sale of Tampines Court.

Update on meeting 01 July
Only 20 out of a possible 100 owners attended the meeting. The meeting itself was very quiet and owners did not share many of their ‘concerns and views’. I suspect they were there, like myself, just to observe and listen.
The sale committee may not have gotten anyone to sign their CSA, but the appealing minority added 2 new members to their group!

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