Blogger's prediction:
- The Sale Order will be given on 2 Jan 2018
- The Completion Date* sometime before 2 April 2018
- The Last Moving Out date: 6 months from Completion date so 2 Oct 2018
* Completion Date could be sooner as machinations are going on concurrently to the STB ( I presume they are not just sitting on their hands).
UPDATE : 2 Jan 2018
Sales Order has been issued by the STB. So we shall have to start house-hunting in earnest. I suspect those who could would have bought their replacement unit already, the more cautious might buy over the next few months and those who don't move with the herd will wait until Completion Date when it is 100% confirmed.
I, for one will wait, because things can still take an unexpected turn without the all clear on the Developer Front.
We await further instructions
If you want to arm yourself with CPF info visit this CPF webpage.
If you want to arm yourself with Bank info, visit your bank
UPDATE : 2 Jan 2018
Sales Order has been issued by the STB. So we shall have to start house-hunting in earnest. I suspect those who could would have bought their replacement unit already, the more cautious might buy over the next few months and those who don't move with the herd will wait until Completion Date when it is 100% confirmed.
I, for one will wait, because things can still take an unexpected turn without the all clear on the Developer Front.
We await further instructions
If you want to arm yourself with CPF info visit this CPF webpage.
If you want to arm yourself with Bank info, visit your bank
Auld Lang Syne! Happy New Year!
ReplyDeleteI'm sure your prediction is accurate. Let's all have a happy new year
ReplyDeletePretty apt description of Enbloc past. Looking ahead. We reap what we sow.
ReplyDeleteHappy New Year!
Hi choo
ReplyDeleteThks.👍 for all your thankless effort in the past few years.
Have A Happy And Healthy New Year.
Never trust the blogger. She don't mean what she said.
ReplyDeleteHuttons, I mean SC, well whoever is in charge needs to be watched closely. Please keep this blog going; it'll keep them on the straight and narrow. Thanks for everything. Was it intuition, astute deduction, inside knowledge or just plain Luck of the Irish?
DeleteHow can u trust a person's prediction when she flip flop all the times. One moment say 'last post' next moment open her blog again. Credibility all washed down the drain.
ReplyDeletewhy are you even still here?
DeleteSales Order obtained! Congrats and thank you to everyone!
ReplyDeleteA few more months to enjoy TC!
Mrs Choo, You are right. SC tormented enough.
ReplyDeleteYou are right!!! Now what is the next hurdle pls? LTA?
ReplyDeleteThank you for your accurate prediction hope everything will in smooth sailing from here on. God Blessed
ReplyDeleteWell done👍 You have spot on.
ReplyDeleteObjectors succumbed to veiled threats! Relented to sale of TC.
ReplyDeleteAccording to FB, prediction was true. The objectors withdrew and the sales order was issued.
ReplyDeleteLup any issues?
ReplyDeleteWe have nor been updated.
DeleteWhere do we go from here? Any more hurdles? How do funds finally get to our account? what about outstanding mortgage? Unlike usual sale where the lawyer will advise seller one-on one, don't think eldan will spend any time with every single SP. so quite blind now...
ReplyDeleteAll good questions. I am not qualified to give definitive answers.
DeleteThere are hurdles only the developer has to pass - we do not know where they are in the behind-the-scenes- process.
I am also interested in the order by which things get deducted from the Sales Proceeds.
No need her prediction. It is obvious that they won't object to HC. At most delayed another 21 days. I guess CNY is near & they know they have no chance that's why they give up. I don't appreciate blogger as u guys do. Right from the beginning she was an anti-enblocer and also already said she support objectors. She decide to switch camp because she also knows the wind is blowing in opp direction. I feel sorry for her new neighbours in the estate she is going to stay which has enbloc potential.
ReplyDeleteWoW! just Wow. Nobody can win with you innit? Damned if you do and Damned if you don't. If you hone so much disdain for her and the contents of HER blog, why keep visiting it? Grab a coke mate, take a break and have a sunshine day instead of trying to mar everyone's mood.
DeleteFB notice says,
ReplyDeletepl wait for further update for the timeline to the completion for sale.
it sounds no hurdle.
CONGRA.
Sounds like... I certainly hope so. But why have they not come out with the DP information if all is well?
Deleteif SL still can back out from the deal ,MA should give SP a clear warning.
ReplyDeleteu may say SL will not exercise LUP clause to back out .
BUT SL cannot exercise this clause are two totally different things.
who knows what happen in next hours or tmr...
MA shall release SALE ORDER n tell SP outstanding issues,LUP ,LTA etc.
The sale order is given and there is no more majority or minority or objectors
ReplyDeleteLets stop defining SPs along those lines.
The goal now is simple and everyone is on board this ship. Get the deal done asap and SPs all properly advised by the MA and Legal so that taking over is professionally and smoothly completed!
This blog may give wrong advice to SPs. Suggest close this blog for good and all SPs should get proper advice from proper channels - our MA and Lawyer who are paid to do a job. In the meantime let's be patient & wait for the timeline to be announced.
DeleteI suggest you STOP READING this blog. Maybe blogger should ban/block you instead ;)
Delete20.1 Your faith in our paid advisers may not be shared by others whose contribution and discussion on pertinent issues together with bloggers extensive experience makes this blog being always relevant and stimulating.
DeletePerhaps if the official TC FB willing to shed light on the flavor of the moment-'LUP/DP' it too will as informative and interesting.
Only FB allow you to block people. If you only want to publish posting that makes u feel good, then disable the comments and you can ownself talk to ownself. Lol
DeleteSALES ORDER is ordering SP to sell,
ReplyDeleteNOT ordering SL to buy,right?
becos someone object,therefore STB or HC make a order .
SO,this order most likely bind on SP ONLY,NOT bind on SL to buy.
So,SL still can exercise her rights under CSA ,despite this order.
i see so many joys in FB and here.
i hope nothing go wrong...
but there are few dark clouds around,
U read around
sect 84【A】,para 7B.
https://sso.agc.gov.sg/Act/LTSA1967?ProvIds=P1VA-.
You are right, sir, I think it is too early to celebrate.
Deletei suggest do not inform your banks that you settle your loans..
ReplyDeletecos u not sure when u get your money..
after a good 23 hours,SP still do not know the content of The ORDER made by SLA.
ReplyDeleteWHY?
Dude, chill.
DeleteSale order is given and IRAS already give deadline for SSD payment for those affected. I don’t think talking to the bank about settling one loan when you need another loan is a good idea.
ReplyDeleteGood luck to those in finding the money, who knows how long it will be before the sales proceeds come through to pay it back. As Eldan Law says, don’t trip up over this tiny 200k stone while climbing over the mountain. If only 200k was small change to everyone!
What happens at this stage if people don’t pay or can’t afford to pay? According to IRAS it is the buyers responsibility to make sure the seller pays.