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 »
Posted on July 18, 2008 by idealresidence
Landmark ruling
Judge sets out role of Strata Titles Board and which of its findings can be challenged
IT IS a situation that may apply to some en bloc deals: The selling price could have been higher if the sales committee or its agent had tried harder to secure a better deal.
In the case [...]
Filed under: Condominium, Enbloc, Legal, Property News | Tagged: Horizon Towers, Strata Titles Board | No Comments »
Posted on July 17, 2008 by idealresidence
High Court dismisses Horizon Towers appeal
The High Court has dismissed an appeal by minority owners of private condominium, Horizon Towers.
In his written judgment that was released today, Justice Choo Han Teck deemed there was no error in law in the case that would have corrupted the Strata Titles Board’s decision.
He added there was no [...]
Filed under: Condominium, Enbloc, Legal, Property News | Tagged: Horizon Towers | No Comments »
Posted on July 17, 2008 by idealresidence
High Court dismisses Horizon Towers en bloc appeals
Hotel Properties Limited on Thursday said Singapore’s High Court has dismissed the appeals by the minority sellers in Horizon Towers’ en bloc sale.
The minority sellers had made the appeal in January 2008 against the Strata Titles Board’s decision delivered on December 7, 2007 which would allow the en [...]
Filed under: Condominium, Enbloc, Legal, Property News | Tagged: Horizon Towers | No Comments »
Posted on July 17, 2008 by idealresidence
Foreign lawyers flock to Singapore
One QC who set up office here is now arbitrating a $34m dispute
BANGLADESH-BORN lawyer Ajmalul Hossain came to Singapore last year to set up an office, spurred on by the business boom in the region.
The 57-year-old Queen’s Counsel, one of a select group of senior London-trained barristers, is now arbitrating [...]
Filed under: Legal, Property News | Tagged: Queen's Counsel | No Comments »