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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.

End of HUDC programme as Braddell View goes private

PUBLISHED: 11:25 PM, MARCH 17, 2017
SINGAPORE — The privatisation of Braddell View estate marked the closure of the Government’s privatisation programme for Housing and Urban Development Company (HUDC) estates on Friday (March 17).
The Housing and Development Board (HDB) said in a press release that Braddell View obtained the required 75-per-cent majority support from homeowners to proceed with the privatisation.
As of Friday, it was converted into a strata-titled estate under the Land Titles (Strata) Act, meaning it will no longer be governed by the HUDC Housing Estates Act. The individual homeowners will own their respective strata units, as well as the common property as tenants-in-common, HDB said.
There are 918 flats and two shops in Braddell View, and it is the largest among the 18 HUDC estates in Singapore, which now comprise 7,731 residential and 15 shop units.
HUDC flats were built in the 1970s and 1980s as a housing option for middle-income citizens and their families. HDB stopped building HUDC flats in 1987 as demand for them declined.
These flats were built in four phases. The first two phases, comprising six estates, were sold by HUDC Private Limited.
In 1982, HDB took over the management of these estates.
Another 12 estates in the third and fourth phases were sold by HDB.
In 1995, as part of the Government’s effort to meet the rising aspirations of Singaporeans to own private housing, the privatisation of HUDC estates was announced. It was also meant to give homeowners greater control over the management and maintenance of their estate.
The first estates to be privatised in 1996 were Gillman Heights near Alexandra Road (now redeveloped as The Interlace condominium) and Pine Grove, near Pandan Valley.
Other estates that went private in later years include Farrer Court (redeveloped as D’Leedon condominium), Chancery Court along Dunearn Road, Laguna Park in Marine Parade, and Eunosville along Changi Road.

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