"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.

Reserve Price Published

It has come to my attention that the Reserve Price and expected sales proceeds/unit can no longer be considered secret.  The MA and/or SC (don't know which) have chosen to openly publish them on their Tampines Court Facebook Page for the world to see (10 Aug 2016). You do not even need to log in with a Facebook Account to view them (even though it encourages you log in or create a new account, it is not necessary I have found).

1 comment:

  1. Making a mockery of the "bidding" process...