"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.


1 comment:

  1. Not signing the CSA has more advantage than disadvantage.
    1) It does not bind me to any agreement at this moment and if there are further fees to be paid, I don't have to.
    2) I don't need to pay anything now, if it fails I don't lose anything, if it finally sells, it gets deducted.
    3) If I really find that there's hanky panky I can sue, those who sign cannot, they are stuck.
    If there's no hanky panky, then no need to sue, I get my sales proceed.

    Pray tell me, what's your advantage of signing the CSA? Will you get extra?

    MND is trying to cool the property market, and large en-bloc with more Government Land Sales, do you really want the challenge and lose your money?