Regent Court is in the news again. The STB threw out the sale in December 2007 because one owner suffered a financial loss of over $93k. The original news article:-New Paper - 18 Dec 2007
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Yesterday the High Court reversed that decision and ordrered the STB to continue with the hearing for the sale:-
High Court wants STB to hear Regent Court sale appeal
THE Regent Court collective sale may yet happen: the High Court has thrown the case back to the Strata Titles Board (STB) to continue its hearing for the sale application.
The STB threw out the sale late last year but yesterday, Justice Judith Prakash upheld the sale committee's appeal against that decision.
It has been more than a year since the collective sale deal for the Serangoon Road estate was struck. The collective sale frenzy last year has since died, with a significant deterioration in sentiment in the real estate market.
THE Regent Court collective sale may yet happen: the High Court has thrown the case back to the Strata Titles Board (STB) to continue its hearing for the sale application.
The STB threw out the sale late last year but yesterday, Justice Judith Prakash upheld the sale committee's appeal against that decision.
It has been more than a year since the collective sale deal for the Serangoon Road estate was struck. The collective sale frenzy last year has since died, with a significant deterioration in sentiment in the real estate market.
Straits Times - 31 Oct 2008
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