Owners moving fast to catch collective sales wave
Vista Park and How Sun Park are just a whisker away from getting 80% approval - within a couple of weeks of their EGMs
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Singapore
EVEN though the success of en bloc deals is not guaranteed, more property owners are giving their consent to collective sales - and they are acting fast.
The collective sales committee (CSC) for the 209-unit Vista Park condominium in Pasir Panjang, for instance, is expecting the requisite 80 per cent approval from owners within three weeks of the first extraordinary general meeting (EGM) that was held on Sept 28.
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