Posted on July 24, 2008 by idealresidence
En bloc site relaunched with 40% lower price tag
Elsewhere, Straits Trading asking $162m for Gallop Gables apartments
By UMA SHANKARI
A DISTRICT 10 collective sale site at Robin Drive, off Bukit Timah Road, has been relaunched for sale - with a new asking price as much as 40 per cent lower in view of [...]
Filed under: Condominium, Enbloc, Government Land Sales, Property News | Tagged: Gallop Gables, No. 1 Robin Drive, Robin Court, Robin Drive, Straits Trading | No Comments »
Posted on July 24, 2008 by idealresidence
Vandals keen on en-bloc sale damage cars
Lexus and Toyota vandalised in the latest attacks in Laguna Park
HUNGER for en-bloc dollars looks to have turned vicious at a quiet private estate in East Coast.
On Tuesday night, two residents of the 530-unit Laguna Park estate discovered that their cars had been doused with a corrosive liquid, [...]
Filed under: Condominium, Enbloc, Property News | Tagged: Laguna Park | No Comments »
Posted on July 24, 2008 by idealresidence
Asking price for collective sale site slashed by 40%
By Fiona Chan
THE owners of a site off Bukit Timah Road are trying again for a collective sale - but after slashing the original price by nearly 40 per cent because of the grim market.
They want $58 million to $60 million for Robin Court, a [...]
Filed under: Condominium, Enbloc, Property News | Tagged: Gallop Gables, No. 1 Robin Drive, Robin Court | No Comments »
Posted on July 23, 2008 by idealresidence
Robin Court, 1 Robin Drive relaunched for collective sale
SINGAPORE : Owners of Robin Court and No. 1 Robin Drive are putting their properties up for collective sale for a second time. But this time, their asking price is 40% below their initial expectations.
The indicative price of the combined plots is now S$58 million to [...]
Filed under: Condominium, Enbloc, Property News | Tagged: No. 1 Robin Drive, Robin Court | No Comments »
Posted on July 22, 2008 by idealresidence
Hope in sight for Tampines Court sale?
Majority owners’ last-ditch bid to push through collective sale may bear fruit
AN ELEVENTH-HOUR bid by the owners of Tampines Court to save their collective sale from petering out seems to be paying off.
The deal was in danger of collapsing after the sales committee delayed seeking mandatory Strata [...]
Filed under: Condominium, Enbloc, Legal, Property News | Tagged: Strata Titles Board, Tampines Court | No Comments »
Posted on July 21, 2008 by idealresidence
‘Right call was made’
:More factors to considerthan just higher bid price : :
Monday • July 21, 2008
I REFER to “Time to relook en bloc rules?” (Weekend Today, July 19-20).
On the contrary to what the letter-writer said, there are already enough en bloc rules. Without being privy to certain information, it is incorrect [...]
Filed under: Condominium, Enbloc, Forum/Discussion, Legal, Property News | Tagged: Horizon Towers, Strata Title Board | No Comments »
Posted on July 19, 2008 by idealresidence
July 21 hearing for Tampines Court case
High Court orders STB to move hearing ahead of July 25 deadline
By Jessica Cheam
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 [...]
Filed under: Condominium, Enbloc, Legal, Property News | Tagged: Tampines Court | No Comments »
Posted on July 19, 2008 by idealresidence
Time to relook en bloc rules?
Weekend • July 19, 2008
Letter from Ong Cher Meng
I REFER to “Landmark ruling” (July 18).
The judge has ruled that the fact that a higher offer was received for the en bloc sale of Horizon Towers is not within the purview of the Strata Title Board (STB); neither [...]
Filed under: Condominium, Enbloc, Forum/Discussion, Legal, Property News | Tagged: Horizon Towers, Strata Title Board | No Comments »
Posted on July 18, 2008 by idealresidence
Another door closes on Horizon minorities
High Court dismisses appeal, says there’s no proof that sale was in bad faith
By MICHELLE QUAH
(SINGAPORE) Minority owners seeking to stop the en bloc sale of Horizon Towers have been defeated yet again. Singapore’s High Court yesterday dismissed their appeal, on the grounds that they failed to [...]
Filed under: Condominium, Enbloc, Legal, Property News | Tagged: Horizon Towers, Hotel Properties Ltd, Strata Titles Board | No Comments »
Posted on July 18, 2008 by idealresidence
Appeal against Horizon Towers sale dismissed
High Court ruling clears the way for $500m collective sale that was inked 1-1/2 years ago
By Joyce Teo
THE drawn-out battle over the $500 million collective sale of Horizon Towers has moved one step closer to a conclusion after the High Court threw out an appeal by objecting owners.
Yesterday’s [...]
Filed under: Condominium, Enbloc, Legal, Property News | Tagged: Horizon Towers, Hotel Properties, Strata Titles Board | No Comments »