A Minority Owner's chronicled journey through 3 Collective Sale attempts; the last one being successful. TC was a 560 ex-HUDC estate with a thriving community spirit (up until the enblocs that is). I have moved on to a new, 37 unit Freehold estate. Life is quiet now with zero community feeling.
Tampines Court 1985-2018
Mar 30, 2011
Mar 28, 2011
March media
S’pore private apartment prices climb to record high in first quarter - CNA- 30 Mar 2011
Average values of properties are now at S$1,935 per square foot for prime areas, and S$1,043 for non-prime areas, the highest since the first quarter of 2008, according to a release from Jones Lang LaSalle.
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Mar 19, 2011
SC Meeting: 26 Feb 2011
SC Minutes 1
The Chairman and Vice-Chairman are old owners; the former is in 'Finance' and the latter a Banker. I do not know anything about the Chairman, but the Vice-Chairman is a good guy. A former majority owner who was very unhappy with the way round 1 was conducted.
The Chairman and Vice-Chairman are old owners; the former is in 'Finance' and the latter a Banker. I do not know anything about the Chairman, but the Vice-Chairman is a good guy. A former majority owner who was very unhappy with the way round 1 was conducted.
The Secretary is a new owner (bought July 2010)/property agent tasked with inviting marketing agents and solicitors to the ball. At the EGM, she owned up to owning a HDB and having served on a sales committee before. I believe the estate she mentioned was Glenville which went en bloc in Oct 2010 for $39.5m.
Personally, I would have preferred if the position of Secretary had gone to someone, well, less professionally connected....
I note the two law firms associated with the ex-minority are included in the list of invitees:).
I do wish they would set up a proper system for SC-Owner feedback. Not only should owners be able to give feedback, they must also be able to view other owners' feedback as well. In other words, the old system of 'writing in' is dead and should be replaced with the internet. It offers a more transparent and open communication channel and owners will not feel isolated and alone in their thoughts/ complaints/suggestions/questions.
The management office/agent is not there to handle SC matters and cannot be involved in the collective sale bar holding the EGMs.
Note to the Secretary:
There are 6 high rise and 8 low rise blocks in the estate.
The low rise blocks have 2 staircases so you will need to print and post 22 Notices in all. Don't miss out on half the low rise staircases, please.
Personally, I would have preferred if the position of Secretary had gone to someone, well, less professionally connected....
I note the two law firms associated with the ex-minority are included in the list of invitees:).
I do wish they would set up a proper system for SC-Owner feedback. Not only should owners be able to give feedback, they must also be able to view other owners' feedback as well. In other words, the old system of 'writing in' is dead and should be replaced with the internet. It offers a more transparent and open communication channel and owners will not feel isolated and alone in their thoughts/ complaints/suggestions/questions.
The management office/agent is not there to handle SC matters and cannot be involved in the collective sale bar holding the EGMs.
Note to the Secretary:
There are 6 high rise and 8 low rise blocks in the estate.
The low rise blocks have 2 staircases so you will need to print and post 22 Notices in all. Don't miss out on half the low rise staircases, please.
Mar 18, 2011
Competition for quality land sites expected to heat up
March 22, 2011
It’s all about location for property developers who are on the lookout for quality land parcels.
Recent land tenders of government land sites close to MRT stations or regional centres have seen bids as high as S$550 million or S$869 per sq ft per plot ratio.
Market watchers say competition among developers for such sites will heat up, now that developers are churning out projects at a much faster rate.
Mar 15, 2011
Patience wearing thin
The EGM for the constitution of the Sale Committee was held on 29 Jan 2011.
We were promised transcripts of the first EGM by the managing agent both at the meeting proper and by way of letter - but none has appeared. We haven't even seen the regular minutes which should have been put up by the first of March.
We were promised transcripts of the first EGM by the managing agent both at the meeting proper and by way of letter - but none has appeared. We haven't even seen the regular minutes which should have been put up by the first of March.
Mar 11, 2011
Mar 1, 2011
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