Disclaimer






"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.

Newspaper article no 2




















Tampines Court collective sale in peril
Straits Times - 12 July 2008Add Image

3 comments:

  1. Anonymous13 July, 2008

    Any idea "who" has decided to take calculated risk and is responsible for delaying the application to STB?

    - Sales Committee themselves
    - or the majority as a whole

    Now that we are in trouble, any ground for majority owner to take legal actions against the sales committen for causing potential lost in sales ???

    ReplyDelete
  2. This is not an area I wish to wade into. You would need to seek proper legal advice on these matters.

    ReplyDelete
  3. Anonymous14 July, 2008

    I think that the main person(s) responsible should be the lawyers. They should have kept us all up to date and discussed the pros and cons of all decisions. If any action is to be taken, I think it should be against them.

    ReplyDelete