Example 1:
Clearly facts were not checked before repeating this rumour. How many people have been told this (and believed it!)? He himself says he doesn't believe it so why say it? Why give it credence by saying it came from 'authorised sources'? Because it serves his purpose.
His 'authorised 'sources have turned out to be 'a friend of a friend'.
Rest assured, the swanky new Tampines Hub will not house our smelly wet market, it does not fit in with their overall theme.
Example 2:
A SC member who does not know how old our estate is. We are approx 30-31 years old (101 Yrs from 01/12/1985) . We should not be entrusting the sale of 560 units to people who do not have a grasp of basic facts.
Example 3:
Shows a woeful understanding of the LTSA - The SC cannot call for an EOGM using MCST funds willy-nilly, because according to the 3rd Schedule, general meetings of the MCST can only be called for the following reasons:
Before the CSA is signed
Before the CSA is signed
(a) to appoint any advocate and solicitor, any property consultant or marketing agent in connection with a collective sale where the collective sale committee is not already authorised at a general
(b) to approve the apportionment of sale proceeds; and
(c) to approve the terms and conditions of the collective sale agreement
Before the launch of Sale
(a) to give an updat e on the total number of subsidiary proprietors who, immediately before the date
After the close of Tender or after the SC has entered into an agreement with Buyer (lets hope the former but with this SC I doubt they understand the difference))
(a) to provide information on the number of offers received for the collective sale and the respective
Besides which- you do not need to hold an EOGM to raise the RP.. indeed it is your duty to do so when required.
(a) to give an updat e on the total number of subsidiary proprietors who, immediately before the date
of the meeting, have signed the collective sale agreement; and to provide information on the sale proposal and the sale process
(a) to provide information on the number of offers received for the collective sale and the respective
prices so offered; and to provide information on the terms and conditions of the sale and purchase agreement
Latest Blooper on Enbloc FB: GW suggests you have the prerogative of retaining your depreciating property but please allow other TC residents to benefit from Collective Sale.
ReplyDeleteNot Possible ! In EnBloc the whole lot goes or stays.
itshometome, please conduct a short course on Collective Sale so this SC stops making FOOLS of themselves ! Are we entrusting these imbeciles on a Mega Million Dollar Sale of our homes ! GOD HELP US PLEASE
Sad that we have an SC member who don't know the LTSA law and TC property well and also spreading, what he admitted is a rumour, which may affect the value of TC. For his own interest I suggest he stopped spreading any unsubstantiated rumour immediately !
ReplyDelete