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Goodluck Garden gets court's nod for sale despite missteps by committee, advisers
Judge finds 'no bad faith' after considering sale price, which was 12.6% higher than independent valuation
Published Mon, Nov 26, 2018 · 09:50 PM
Singapore
THE HIGH Court granted a sale order to Goodluck Garden on Monday, making it the latest property to have its collective sale resolved by the courts, though the court also found several missteps in the sale process.
Justice Woo Bih Li also found that the conduct of the collective sale committee (CSC), marketing agent Knight Frank and the lawyers for the CSC Rajah & Tann was "wanting in various respects".
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