Tag: condominiums
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Proposed lower consent thresholds could revive en bloc market, but boom unlikely: Analysts
With a shorter time to get the required number of signatures for a collective sale, this might heighten tensions among neighbours who are not keen to sell, said an analyst.
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New law proposed to lower en bloc thresholds for older condominiums
The current consent thresholds for collective sales were first introduced in 1999. Since then, many developments have got significantly older, said the Ministry of Law.
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15-month wait-out rule removal unlikely to cause HDB resale prices to surge: Analysts
With resale prices moderating, more HDB flats reaching the minimum occupation period and buyers having other options, analysts said the market is well placed to absorb the additional demand.
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Couple sues condominium management over termite damage, wins in what appears to be first such case
The judge took issue with the expert called by the condominium management of Freesia Woods, as he was the owner of the pest control company that had conducted inspections for the condo for years but overlooked the termite infestation.
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