Chuan Park owners headed for mediation over en bloc sale; Senior Counsel appointed
REPRESENTATIVES of Chuan Park owners are set to meet for their first mediation session on Oct 18, to see if they can resolve disagreements over the condominium’s en bloc sale.
The Business Times (BT) understands that the Collective Sale Committee (CSC) representing the majority owners have appointed Senior Counsel N Sreenivasan of K&L Gates Straits Law to assist them in the mediation.
The 10 minority owners who object to the sale have yet to decide if they will hire a lawyer for the proceedings.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
Luxury private home rents jump in Q1 amid wider market slump: Huttons Asia
Evictions surge in Arizona with housing shortage and rising prices
China property shares firm after Politburo highlights clearing inventory
Dubai billionaire’s children plan to revive troubled world islands
UK commercial real estate lending plunges to lowest in a decade
Hybrid, flexible working set to curb Singapore office usage and rents