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.

The Second Period

The First Period is the time taken to reach the  80% within 12 months from Date of First Signature to the CSA.
The Second Period starts from the date the 80% was reached ("the CSA's Date"). This date has yet to be officially announced but  FB page put it at 09 June 2017. During this 12 month period, the CSC has to do many things:


(for details see  WHAT ARE THE STEPS WHICH THE MAJORITY OWNERS MUST TAKE BEFORE SUBMITTING AN APPLICATION )
  • Hold a SP meeting  before the launch of the sale  Third Schedule 7- (3)(a),(b)
    a) to update on total number of SPs who have signed the CSA  
    b) to provide information on the sale proposal and sale proceeds
The terms  'update' and 'provide information do not imply voting of any kind; there is no decision-making by the owners. It is a one-way meeting. Majority owners have given the 3 CSC members total control of the sale in the CSA (Clause 3).   I am sure, though, that owners can give suggestions and ask questions from the floor. As Owners' Agents, they should listen and respond. 

Getting it Right
On the FB page,AND the Minutes of the 19th SC Meeting at which the Lawyer was present -  the CSC stated that they would be going round the estate getting requisitions for an EOGM which they think requires 14 days notice.  I think they are wasting their time as it is not an EOGM, they don't need to requisition, SPs need only 7 days notice and it is most importantly NOT funded through MCST . I have posted a question on the FB page about these Third Schedule SP meetings, and the BMSM Act clearly states that only EOGMs in the Second Schedule can use MCST funds.
I

Answer from CSC 8 Jun 2017
So, the Lawyer and the MA were unaware of the LTSA rules at the 19th SC Meeting held on 1 June 2017 when they advised the SC to hold an EOGM??? 
It took the Lawyer 8 days to figure out that it was not an EOGM but a simple SP meeting!!!! Good grief!
  • Public Tender which lasts 5-6 weeks.  (GLS: 6 wks, Raintree Gardens 5 wks)


I would like to know where and how this tender is advertised. Can we see the Tender documents? Are they akin to those tender documents published online for GLS sites? How widely is it publicised? I am sure SPs would love to view this advertisement for themselves. Will they do an aerial view of Tampines Court like Knight Frank did for Rio Casa or Orange Tee did for Eunosville? SPs expect a high standard of professionalism for the fees being paid. This is the MA's time in the sun- they need to polish up their act in order to shine. 

  • Obtain a Valuation Report at close of public tender for the whole development from an independent valuer
  • Obtain a Report on the proposed Method of Distributing the sales proceeds from an independent valuer
Enough has been written about the Valuation topic. There are those who believe it is truly independent and reflects the market value of the land - and there are those who believe it is a rubber stamping of the RP and/or Sale Price.  I believe ( though I can't put my finger on the news article yet) the Valuation Report given at the STB  along with all the application documents has to include the RLV workings. This would be interesting to see.
  • SP meeting after the close of public tender
  • Private Treaty within 10 weeks of close of public tender
  • *SP meeting after signing the private treaty

*Hold a SP meeting  After the close of the public tender or after the sale committee has entered into a private contract Third Schedule 7-(4)(a),(b)

a) to provide information on the number of offers received for the collective sale and the respective amounts.  
b) to provide information on the terms and conditions of the S&P agreement      

Again a one way street - this is where the majority might feel a tinge of regret about not allowing themselves even a little authority at this most important juncture. We do not have an experienced team and so it's just fingers crossed at this point and hope for the best.

  • Advertise the particulars of the proposed application in the local newspapers, as approved by the STB, in the 4 official languages. 
  • Prepare an Application to the STB. The application must be made using the approved form within 14 days of the publication of the advertisement. 
  • Lodge a copy of the Application with the SLA
  • Serve a notice of the proposed application to all the owners of the units by registered post and to the mortgagee, chargee or other person (other than a lessee) with an estate or interest in the unit and whose interest is notified on the land register for the unit by registered post. 
  • Affix a copy of the notice, in the 4 official languages, to a conspicuous part of each building in the development.


68 comments:

  1. Anonymous02 June, 2017

    At least posting like this is more constructive & serve a useful purpose than those that cause division & conflicts among SPs, be them pro or anti-enbloc. I still don't see why you don't benefit if the enbloc go through. With the payout, it's more than enough for you to get a newer & better replacement unit if you bother to do a more comprehensive property search. Don't object for the sake of objecting. It does you and others no good. Life is short. Sometimes we just have to give instead of taking all the times.

    ReplyDelete
  2. When the lights shine on you i hope you will not upset with your own shadow. Life is too short to look out for system faults. Accept the majority decision and go forward.

    ReplyDelete
    Replies
    1. Anonymous03 June, 2017

      I too did not sign and don't intend to. I hope you respect my choice as I respect yours.
      Individual SP must be free to choose. Minority Rights sacrosanct in our land as is the Rule of Law. When TC is sold I will be evicted from my home against my wishes. It's the Law and I and all minorities accept that. I certainly accept the majorities decision and hope that they in turn accept our choice to dissent.

      Delete
    2. Anonymous03 June, 2017

      I totally agree with what you have said. Yes majority wants to enbloc & if it succeed those who don't wish to move have to move out & that is not easy to do it so please stop asking those who will not sign to 'make your dreams come true'. Did you pay for my flat? NO RIGHT? FOR YOUR INFORMATION NOT EVERYONE IS HUNGRY FOR MONEY

      Delete
    3. Anonymous04 June, 2017

      I agree one should not be asking those who have not signed to sign. In the same note those who are in the minority should not discourage those who has not signed to consider signing by saying that as part of minorities has lots of benefits as suggested in this blog. It is one sided argument. Be part of majority also has lots of benefits if not more.

      Delete
    4. Anonymous04 June, 2017

      Wait til the day that you are struck by unexpected big illness then see if regret not supporting en bloc lol

      Delete
    5. Anonymous07 June, 2017

      The 80% majority has spoken and the timing is right for us all to move on...... Currently the property markets are consolidating.... We can get good alternative options.... Sending letters to spread untrue are evil..... Give the SC, marketing agent and lawyer space to do their jobs....

      Delete
    6. I was wondering 'what letter'? you were referring to... I see it on the FB page now.

      Delete
    7. Anonymous08 June, 2017

      This blog has it's origins as anti enbloc until I realise that it is now titled 'TC Enbloc Rd III' and the small print below cautions against a badly executed enbloc.
      It's obvious to me from her postings that the lady's looking out for SPs interests, seeks clarification in grey areas and dishing out useful actionable advice to CSC. It's not about scuttling this collective sale.
      The majority is crucial, without 80% it cannot advance, and I readily concede that a higher number would encourage buyers confidence. I am however a minority, we too have an important complementary role in this endeavour. All points put forth for being in the minority are fair and true. It does not imply that there are no advantages to being a majority or even that blogger is our to 'SABO' this sale.

      My suggestion on the SPA; CSC might want to include as a condition to completion: "x mths after written confirmation that the purchaser has obtained the fresh 99 year lease". Coming from a minority some comments might take the form of: 'you're not a lawyer lah', 'so smart why don't you join SC?' That condition is actually in the SPA of another Enbloc whose legal adviser is a renowned Law firm. The point I'm trying to make is; focus on the merits of the idea/suggestion/proposal when making your counter arguments. We may still disagree but now I understand your view better. Shed light, not heat. Ad hominem attacks does no one any good.

      Blogger raises very pertinent issues, keeps abreast with latest developments. This blog a good medium to bounce off ideas and make contributions to the enbloc process.
      All owners have a significant stake in this Enbloc, they should be free to air their opinions. I take no umbrage if my suggestion is unnoticed or not taken up by the CSC. This is only a blog. The CSC members have full time jobs and family issues too just like you and me. The buck stops with them! Not blogger, you or me. The burden on the SC are enormous, workload high and this blog NOT required reading for them. It should not distract them.
      Intent is paramount. I believe the intent of this blog is to raise awareness, provide a platform for SPs to share ideas and air their views for the betterment of Enbloc III. Lets help ourselves by raising the quality of our comments, focus on the issues and accord this blog the proper decorum it so rightly deserves.

      Delete
    8. Anonymous09 June, 2017

      On the flick side of the coin, despite the way u suck up to her, I believe many has a negative opinions of her. For one, if she is really so good, she could have prevented round 1 from going enbloc instead of letting it carry on & later fight against it, causing misery to some and wasted the few hundred thousand dollars legal fee which could have been donated to chariy.

      If she is really so good & forever feel badly of the SC/MA team, why don't she volunteer to join the CSC in round 3 ? If she think she can do a better job, prove it instead of been an armchair critic. No thank you for her 'expert' opinions. Just leave us majority alone !

      Delete
    9. Anonymous09 June, 2017

      She already stated somewhere that she is against en bloc in principles. So, no point asking her to join the CSC.

      Delete
    10. On the flip side of the coin, he is not 'sucking up to me' - I posted his comment because he understands exactly where I stand. Very few do, apparently. First and foremost, I am a minority owner. I will never sign my house over to 3 strangers, never force my old neighbours out of their homes for the love of money... among other reasons.

      But......

      The 80% has (presumably) been crossed. the end game has begun.
      What matters now is that the sale be transparent, fast and blunder free. The eventual sale price and completion date are important to all owners to move on comfortably. We have the experience of RD 1 to help us through this 2nd period., new owners don't quite understand why blind faith is not advisable and it's too tiresome to explain Enbloc 101.

      In the end, we are all in the same boat. I choose to keep a paddle handy.

      Delete
    11. Anonymous09 June, 2017

      t's not that very few do understand where you stand. Just that not everyone can appreciate your opinions as much as you want us to, afterall you already said you are not legally trained & not an expert either. You think SPs so gondu as don"t know how to protect our own interest meh ? What you think is the reason we engage our lawyer ? Are you more qualified & professional trained than them ? You don't even have the confidence to join SC and rather sit in the comfort of yr armchair to criticise. Like someone already said, it seems that no SC/MA team is good enough for you.

      Frankly What u said many people already know lah. If anyone bother to do desk research, all the information are freely available. In fact some of what you said is debatable. Just that people are graceful enough not to challenge you & rather focus on enbloc. Just don't get into people's nerve by trying to influence the majority, especially the RP issue.

      Who is forcing you out of your house ? To each his own lah. No one can force anyone's decision. Everyone is given the freedom of choice to sign or not to sign. Respect that please. Neither the majority nor the minority has appointed you to act for them or be their spokesman. So try to keep your opinions as much as possible to your own please! Thank you !

      Delete
    12. Anonymous09 June, 2017

      This is her blog and we came by only because the other one doesn't work well. So you can't stop free speech on her own blog!

      The blog owner is a typical accountant and very detailed to the micro level. We always need bean counters though we hate them. And we will all be for the better.

      Delete
    13. Anonymous10 June, 2017

      Every TC SP has a vested interest in this enbloc. It is not the exclusive domain of the majority or SC. What anybody thinks of her is of no consequence; she is her own voice in her own blog. Many are uncomfortable with the issues she raise, feel it compromises this Collective sale, best kept under wraps. Already, SC has so much to do.
      If there are difficult debatable issues its best to confront them sooner rather than later.
      The lady's not your regular desk researcher, armchair critic but an enbloc erudite, still eager to learn, with access to Legal Eagles for advice.(there I go again) Admittedly it's just a blog, a pastime. The powers that be lies with the SC/MA and Eldan Law. They carry the can for Enbloc III.
      If it is inevitable that TC is sold, then this is the best time for it. Words out that a recent Enbloc attracted 19 interested parties (from China, Malaysia, Indonesia among others), 11 serious enough to do site inspections with the eventual winner paying 37% above valuation.
      This Team stumbled at the start. There's at least one disgruntled enough to possibly be an objector. Personally, letters and flyers too old school, costly, slow but more importantly does not present any chance to suck up to anyone.

      Delete
  3. My Armchair RLV post was constructive and served a useful purpose, too. Set the bar high. Time to set the bar higher, do you think?

    ReplyDelete
    Replies
    1. Anonymous03 June, 2017

      Totally agree. Set the bar higher.

      Delete
    2. Anonymous03 June, 2017

      LOL, yes we do appreciate your contribution, its a good source information for most people. Then again, if you intend to set the bar higher, when will you stop. Sounds like your goal posts are ready to move once again, until it breaks?

      Delete
    3. Anonymous04 June, 2017

      Most definitely, TC is an even better plot, or at least comparable to Rio Casa. Anything less than $706 psf ppr an undersell. Losing bidders for Rio Casa and Eunosville, and there are many, ought now to focus on TC. It's in Hutton's hands; bidding war tactics and marketing strategy. Don't fail us!

      Delete
  4. Anonymous03 June, 2017

    It is gamechanging recent land bidding news that cause RP to up and en bloc to pass 80%, don't think is your armchair can help to up RP n increase signing.

    ReplyDelete
  5. Anonymous03 June, 2017

    It is an art to balance between setting bar high and letting it all go at right timing

    Just like vices are great if you can control them rather than be controlled by them.

    ReplyDelete
  6. Anonymous04 June, 2017

    To the blog owner, you have many valid points & questions. But you posted it in an old thread which may be missed & not read. Perhaps you can post them on the FB's visitor's post by clicking 'write post' on the top of FB page. Don't expect a fast reply though as the SC/MA/Lawyer may be busy. You can alternatively PM them at the FB page or text to their mobile number. Any SPs have questions and doubts are encouraged to raise their questions in the FB rather than start speculating which may destroy goodwill between the SC/MA and SPs. Let's work towards good communication & relationship with each other irespective of the outcome of the enbloc.

    ReplyDelete
  7. The minute you see the light shining
    You are unable to stop finding for faults. Get up from your rocking chair
    andove forward and don't be a Mushroom which suit in a dark environment. The types of SC and MA the suit yr cup of tea cannot even be found in Heaven

    ReplyDelete
    Replies
    1. .. only because and they are unable to stop making mistakes

      Delete
    2. Anonymous05 June, 2017

      I don't think the blog owner is finding fault with the SC/MA. She just want to make sure the enbloc is done in the correct way. By virtue of her knowledge she is the best person to do it. We should thank her for her free service.

      Delete
  8. Anonymous04 June, 2017

    Can anyone help to some shed light when will be the time around which we can know deal is closed firmly with buyer and approved by authority and the deadline for protest to court to void en bloc ?

    So that we can know roughly when can commit to nee house purchase. Thanks !

    ReplyDelete
    Replies
    1. Thank you for the pro active questions you posted in TC FB.
      Very good on you and thats the way to go .

      Delete
  9. Anonymous04 June, 2017

    Some sps need to relax. Only after everything confirm and there is bidder only then you can start looking for new place to stay. It takes a few years so do not rush. You cannot rush through things when it comes to enbloc

    ReplyDelete
    Replies
    1. Actually, speed is now of the utmost importance - unless you want to buy in the very near future market where new units are $1400 -$1800 psf (and I am talking mass market here not luxury). Resale units will also cost more to span the difference. When a developer buys for $YYY psfppr - it means the new units will be 2x($YYY) psf. The high prices now are indicative of the new unit selling rice in that development. The danger here is the S&P and the CSC leaving the Completion Date wide open as in Rd 1. But more about that later.

      Delete
    2. Anonymous05 June, 2017

      What is time taken for STB to be finalised in recent successful enbloc ? Anyone know ?

      Delete
    3. Anonymous05 June, 2017

      I agree speed is of utmost importance to see this enbloc through. You want to get the money fast to take advantage of the current low prices and buy cheap, then get 100% signature so no need to go high court. Don't object for the sake of objecting unless u have a very strong case. Otherwise waste everybody's time and your money. Legal fee is not cheap especially you are the only one objecting.

      Delete
    4. Getting approval at the STB is NOT Completion of Sale. That is determined through negotiation in the Sales & Purchase Agreement (S&P). The STB is only APPROVAL - the green light to go ahead.

      Delete
    5. Anonymous05 June, 2017

      True, but once STB gives green light to go ahead, Those who have don't need the sales proceed can start buying 2nd resale unit or new launch with allows progress payment. So unnecessary objections only delay the completion though SPs has the right to do so. Legal fee is really not cheap. Think twice before you do so. My advice is don't waste unnecessary money and effort unless you have good case before you or can benefit from you action. Best is to get 100% signature.

      Delete
    6. Anonymous05 June, 2017

      Fully Agree. We do not want to get caught in a rising tide. The ideal situation is that the overall market remains weak, and this is an anomaly. However, the developers know the game well and will not have bid all this year blindly.

      I guess Ronaldo, Ferguson, Arsene were right - Real Madrid beat Juventus this week...

      Delete
    7. Anonymous05 June, 2017

      Why developers hungrily buying land and yet property price have not rocket ?

      Delete
    8. Anonymous05 June, 2017

      Feedback from Rio Casa SC, even with their bonanza payout and contended SPs, they're not trying for 100% to bypass STB to save time and costs. Reasons cited are Sellers stamp duty for some SP and Tax issues of overseas owners (did not elaborate). For some, speed is not of the essence.

      Delete
  10. Anonymous05 June, 2017

    Impossible to get 100% for sure when it comes to this because I know a handful of people who will not move even if you offer them 5 million because they have been living here for more than 20 years and before you reply with some curse word like 'illness' please be sensitive because karma do exist in this world. So lets take things one at a time. Make sure everything is done appropriately and according

    ReplyDelete
    Replies
    1. Anonymous05 June, 2017

      Maybe there are not investment savvy. I meant with the money they can get from enbloc they can double the market value of the unit they are staying now. For such SPs you need a different approach. Either way, they should know by now there is little chance they can hold on to their unit. Might as well accept the fact & go with the flow.

      Delete
  11. Anonymous05 June, 2017

    To the blog owner. Thank you for questioning & clarifying with the CSC for important issues concerning enbloc, for the interest of both majority & minority SPs. Please continue to do so. We need people of yr talent & knowledge to watch over them to make sure they do the right thing. Everyone will suffer if something seriously go wrong along the way.

    ReplyDelete
    Replies
    1. Anonymous05 June, 2017

      Though we do appreciate CSC for their work, they are not expert like you and may make mistakes. Your help to watch over & if necessary guide them over the whole enbloc process is a great favor to all SPs (both majority & minority). Thks !

      Delete
    2. I am not an expert. I, too, thought those meetings were EOGMs for a while until I read '7 days Notice' instead of '14'. That got me thinking and only then did I remember about the new rules and the change in holding meetings. Honestly, the LTSA is a jumble of Schedules, you have to keep referring from one to the other. The Law is always abstruse.

      Delete
    3. Anonymous05 June, 2017

      At least u are more knowledgeable than any of the CSC members. Too bad you are not in the committee. I am sure SPs will be more comfortable with you on board.

      Delete
  12. Anonymous05 June, 2017

    The SC reply to your question that they have to check with the lawyer. Shouldn't they clear with the lawyer first before making any official announcement of any meeting on the FB?

    ReplyDelete
    Replies
    1. Anonymous05 June, 2017

      We pay for the lawyer's service right? SPs can also go directly to the lawyer for any clarification. They are oblidge to reply to SPs by email or on FB. CSC response could be pretty slow or may give wrong advice.

      Delete
    2. Anonymous06 June, 2017

      Their contract is with the CSC not individual SPs. They won't reply you because they do not know who is the person behind that email address. Client confidentiality.

      Delete
  13. Anonymous05 June, 2017

    If the blog owner is correct in that we only need 7 days instead of 14 days for the meeting, then we can push fwd the tender day earlier. Time is money. Will the SC please get clarification from the lawyer asap so we can move on.

    ReplyDelete
  14. Anonymous06 June, 2017

    I noticed TC FB start to block certain postings. I don't see any any breach of FB community standard (vulgarity, personal attacks, reveal of confidential info etc) in the postings. All are valid, reasonable & informative postings. If there's any reason for doing that please let us know. By doing that without giving reasons undermines the objective of the FB (to provide feedback, opinions & queries). There's nothing wrong for the administrator in moderating the FB but overdoing it are just keeping people away from contributing to the facebook.

    ReplyDelete
    Replies
    1. No ,it's Facebook. My account was blocked because I wasn't using my real name. My new account isn't much better but it might last a few weeks. I refuse to give FB real information- and especially not my passport
      /driving license as they wish! Once the account is blocked all posts under you name disappear.

      Delete
  15. Anonymous06 June, 2017

    All of sudden, SC so quiet. Just because u reached 82% ?. No update, not aswering SP's queries. Too confident that enbloc will go through ? U want support we give u support. You want ys to talk to neighbours, we did. You still need our support right ? At least update us on latest status lah. If you want a break & taking a holiday say so lah. We can understand.

    ReplyDelete
  16. Anonymous06 June, 2017

    Is it wise to have 100% signers, with none to rein in this SC/MA should they stray? Opposition Parties and Non Signers should not have negative connotations. They are an integral part of Democracy and Collective Sale processes to ensure check and balance of those in charge. Should there be bad faith or worse a SC/MA gone rogue, we the minorities are your only Insurance Policy. It will not be a frivolous challenge. We'll take legal advise that that our case is strong and winnable. Been There, Done That. We are aware of the consequences. Enbloc I failed because of bad faith, not because of any deadline as mentioned in Enbloc FB.

    Having said that I agree it's fair for pro enbloc to increase the majority count for developers confidence. Arguments put forth in this blog for minorities is also factually correct. Questions posed by blog owner to MA regarding tender issues and marketing strategies need direct answers. Please don't prevaricate.

    Eunosville had 7 bidders, with Huttons stated tactic of a bidding war we should not expect anything less. 4 recent Ex HUDC sites were sold for 700-900 psf ppr. I'm hoping Huttons will be on par with JLL, KF and Orange Tee. We all realise that this is a good time for enbloc. My wish is that at the end of it all, Huttons will surpass the rest and earn a big, fat well deserved commission. That would mean we ALL hit pay dirt in TC.

    Not all minorities are sentimental old fools. Majority or Minority may be in opposite camps, but we have a common goal; to see an Enbloc done right and get the best possible price.

    ReplyDelete
    Replies
    1. Anonymous06 June, 2017

      I think 1st enbloc indeed failed because of failure to meet deadline not because minority won. Whatever it is, it's hisory and we hope it won't happen again this time. SC/MA please plan your timeline properly & ensure same mistake does not happened again. Majority SPs entrusted you with this enbloc in good faith. Minorities SPs, we never think you are sentimental old fools and you are absolutely right that you are our insurance policy should something seriously gone wrong, just don't object for the sake of doing so as it's waste of time and money. In the end we hope everyone is a winner as we part with each other should this round of enbloc be successful.

      Delete
    2. Absolutely not! The sale was thrown out on lack of good faith - over the Beta sum

      FEO could have extended the deadline, it was in their power, but instead refused in writing )"they were not minded to extend the agreement"). I presume they saw a lost case even at the High Court when 2 senior Counsels couldn't save them at the STB.

      From the Straits Times (all still on my blog)
      "THE Tampines Court en-bloc sale was handed a lifeline by the High Court yesterday when it ordered the Strata Titles Board (STB) to bring forward a crucial hearing date.
      Just a week ago, the sale had seemed as good as dead when the STB refused to change an Aug 7 hearing date. This meant the hearing would take place after the July 25 expiry date of the sales deal.
      And the buyers - Far East Organization and Frasers Centrepoint - had already said they were unlikely to extend the deadline.
      But the court yesterday granted an appeal by the majority owners. This means the STB must now hear remaining objections to the sale on Monday, four days before the deal expires."
      ST Jul 25 2008

      The STB ended before the deadline and FEO let the deal expire.

      Delete
    3. Anonymous06 June, 2017

      You still cannot prove minority won right ? It's just yr assumption ��

      Delete
    4. My assumption? I was there in the room along with 40+ other SPs for the entire proceedings and present when the head of the STB 5 member panel announced to all that they were "This Board has heard the evidence adduced at the hearings and considered all the oral and written submissions that were tendered. This Board finds and is satisfied that the transaction was not in good faith taking into account the sale price and the method of distributing the proceeds of the sale".
      http://www.tampinescourt.net/2008/07/we-won.html
      That was a resounding and unprecedented defeat and the decision was given before the expiry of the S&P. The minority won on the merits of the case and not because they ran out of time. This is old news and you must be a new owner. All the information -and tape transcripts are still on the blog.

      Delete
    5. Anonymous06 June, 2017

      No point explaining to new owners because no matter what you say they will still think otherwise

      Delete
    6. Anonymous07 June, 2017

      40+ of you is only 7%. So it's incorrect to say minority won. Minority are basically those who didn't signed but not necessary will object. The 7% of you are anti-enblockers NOT minority at large. This time round, I believe the % of anti-enblockers has shrunk because some of them are smart enough to know it's good deal and the golden opportunity may not come again. Who knows maybe only left you. Lol.

      Delete
    7. Anonymous07 June, 2017

      No point argue with her. She will never admit lose and dig out old grandmother history just to prove her point (really very lorso). She think she is doing the SPs a favour but the fact is many were dissapointed & their dream shattered, especially those who bought a unit before the outcome is known.They got to sell their unit cheap !

      Delete
    8. I give up. There is no fighting ignorance.

      Delete
    9. Anonymous07 June, 2017

      Yes, There's no point in you digging out history and keep on harping & claiming yrself as a winner in round 1. No glory or prize for you. Let the history bury itself. Might as well we all work collectively together & focus in getting this round of enbloc through so everyone can become a winner.

      Delete
    10. Anonymous07 June, 2017

      In the eyes of the law the minority are the ones that do not agree to the sale for whatever reason. Acceptable reasons to object at the STB are limited and clearly spelled out. You can be a minority owner but your reason for not signing might not be acceptable for a formal objection. The blog owner is not wrong and has documentation to back it up.

      Delete
    11. Anonymous07 June, 2017

      Many in the majority even provided support to the objectors and were pleasantly relieved when the STB disallowed the sale. I'm always on the side of those who took the risk to challenge and uncover surreptitiously unsavory practices to the detriment of their fellow neighbours; even though the few SPs who failed to heed their lawyers advice and committed to a property prematurely were unfortunately distressed.
      Blogger's reply was necessary to correct a misconception that Enbloc I failed due time constraints. No self glorification intended or necessary; her depth of knowledge and insights in Enbloc firmly established, acknowledged and legendary.
      The irony of this enbloc is that the learned, conscientious and those who contribute to keep this enbloc on the straight and narrow are unfairly vilified.

      Delete
  17. Anonymous07 June, 2017

    Please stop all this comments it no end
    Very unhealthy. Let the csc, hutton and lawyer do their jobs.

    ReplyDelete
    Replies
    1. Anonymous07 June, 2017

      Agree! I suggest blog owner close her blog at this critical stage of round 3 enbloc. It is getting on everyone's nerve ! So much unhealthy argument here that doesn't serve any purpose. She already said she's not legally trained, so just leave legal matters to our lawyer lah ! If she still think she is is so good, join the SC or contribute at the official TC FB !

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  18. Anonymous07 June, 2017

    "No point argue with her. She will never admit lose and dig out old grandmother history just to prove her point (really very lorso). She think she is doing the SPs a favour but the fact is many were dissapointed & their dream shattered, especially those who bought a unit before the outcome is known.They got to sell their unit cheap !" NOBODY put a gun to their head and said go out and get another property, it was a clear and conscious decision that they made on their own. In any business transaction, a deal is not firm till the dotted line is signed, it was a risk that a lot of people took on their own. Man up and dont push blame, it is , for a lack of a better word, damn XXXX, So really, the finger pointing is ridiculous. You said it yourself "...bought before the outcome is known."
    I signed the first round but was relived when it did not happen when we saw how they were managing the process. They took it for granted that it would def. go through and allowed so many things to go wrong. I have more faith in the current sales committee to have learnt from the mistakes then and do the right thing by us now.
    So if you want to rake up the past for the sake of it, then use it to learn from the mistakes. Otherwise, take a chill pill, have a coke and a sunshine day.

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    Replies
    1. Anonymous07 June, 2017

      Who is raking out the past for a start ? Who started it ? It's damn boring & irritating and does not serve any purpose except to claim glory and declare herself as winner for round 1. So stop all these nonsense & let the history of round 1 bury itself ! Let's stay focus on the current enbloc.! Unless she has way to block me in her blog, I will continue with my rebuttal if she or anyone start their nonsense & harping on round 1 again ! Fair enough ?

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  19. Enough is enough.
    I did not start this (Anonymous 16.1) but I will finish it.
    No more talk about Round 1, the facts are irrefutable.
    No comments about Rd 1 win will be published
    End of story.

    ReplyDelete