Posted on May 9, 2008 by lushhomeonline
PLEASE refer to Monday’s article, ‘En-bloc uproar at Bayshore Park, Mandarin Gardens’ by Ms Jessica Cheam, and the letter by Mr Augustine Cheah, ‘En-bloc system needs relook, as Bayshore shows’.
The Mandarin Gardens collective sale committee would like to clarify that it was not involved in the proceedings of the annual general meeting on April 27.
However, [...]
Filed under: Enbloc, General | Tagged: Collective Sales, Enbloc, Mandarin Gardens | No Comments »
Posted on May 7, 2008 by lushhomeonline
IT IS interesting the fact that en bloc unhappiness still prevails despite last year’s new rulings.
Maybe it is time the guidelines are further tweaked to follow those of the Housing and Development Board’s Lift Upgrading System.
Before any en bloc committee is formed, the management committee should conduct a poll for every registered resident to either [...]
Filed under: Enbloc, General | Tagged: Collective Sales, Enbloc | No Comments »
Posted on May 5, 2008 by lushhomeonline
A REPORT by a major bank has flagged potential financing concerns for small property developers that swooped in on the collective sale boom in the second half of last year.
BNP Paribas said that given the current turmoil in the financial market, some of these small operators might face financing problems as they move to finalise [...]
Filed under: Developer News, Enbloc, General | Tagged: Aspial Corporation, Bravo Building Construction, Collective Sales, Developers, Eastern Holdings, Enbloc, Hiap Hoe, Koh Brothers, KSH Holdings, Lian Beng, Popular Holdings, Soilbuild | No Comments »
Posted on May 5, 2008 by lushhomeonline
Sales committees rein in estate councils, irking owners who want to upkeep homes
THE market for en bloc sales may have gone dead quiet, but the issue is still raising a ruckus at two of Singapore’s most iconic condominium developments in the East.
Sales committees pushing for the collective sales of Mandarin Gardens and Bayshore Park have [...]
Filed under: Enbloc, General | Tagged: Bayshore Park, Collective Sales, Enbloc, Mandarin Gardens | No Comments »
Posted on May 5, 2008 by lushhomeonline
IF THE Government still thinks the current laws under the Building Maintenance and Strata Management Act and the Land Titles (Strata) Act (Amendment) are sufficient to regulate the issues of collective property sales, this tale of two condos may provide food for thought, especially as the Government has invited feedback on these laws.
On April 27, [...]
Filed under: Enbloc, General | Tagged: Bayshore Park, Collective Sales, Enbloc, Mandarin Gardens | No Comments »
Posted on May 3, 2008 by lushhomeonline
Enbloc sales woes and unhappiness at Mandarin Gardens have left the condominium without a management committee for the past week.
The previous committee refused to be re-nominated for elections at its Annual General Meeting last Sunday.
Since then, no one is taking charge of the day-to-day management at the condominium on Siglap Road.
Channel NewsAsia understands that the [...]
Filed under: Enbloc, General | Tagged: Collective Sales, Enbloc, Mandarin Gardens | No Comments »
Posted on May 1, 2008 by lushhomeonline
I REFER to the letter ‘Raise en bloc consent level to 99%’ by Ms Susan Prior (April 19) .
Her letter seems to me to be a way of asking the relevant government authorities to revert to the 100 per cent consent ratio for collective sales. How so?
For apartment buildings and condominiums with 50 units or [...]
Filed under: Enbloc, General | Tagged: Collective Sales, Enbloc | No Comments »
Posted on April 29, 2008 by lushhomeonline
A GROUP of 31 home-owners — most of them facing en bloc battles in condominium estates islandwide — have showed their support for one of their ilk, who was featured on the cover of Weekend Today.
Yesterday, representatives of the group, who call themselves the “Stayers”, delivered an envelope containing a letter and $520 to Today’s [...]
Filed under: Enbloc, General | Tagged: Anti Enbloc, Collective Sales, Enbloc | No Comments »
Posted on April 27, 2008 by lushhomeonline
Defaulting parties stand to lose their deposits and can be sued for non-completion of the sale; it’s also risky to buy a new home before a collective deal is closed
Some owners of condominium units may still be keen on selling en bloc, but developers’ interest in collective sale sites has more or less dried up.
No [...]
Filed under: Enbloc, General | Tagged: Airview Towers, Bravo Building Construction, Collective Sales, Enbloc, Enbloc Market, Failed Enbloc, Finland Gardens, Makeway View, Pender Court, Tulip Garden | No Comments »
Posted on April 27, 2008 by lushhomeonline
Pender Court. Finland Gardens. Tulip Garden. Makeway View. These were all attempts to sell an estate en bloc which fell through, all within this month.
But even as the en bloc fever cools, not all the affected residents are getting hot under the collar. Many told The Sunday Times that they were disappointed to miss out [...]
Filed under: Enbloc, General | Tagged: Collective Sales, Enbloc, Finland Gardens, Makeway View, Pender Court, Tulip Garden | No Comments »
