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Friday, August 12, 2011

enbloc - owners' meeting

owners' meeting at 7.30pm, 98 owners attended. agenda:
1.0 To give an update on the total number of subsidiary proprietors who, immediately before the date of the meeting, have signed the Collective Sale Agreement (CSA)
2.0 To provide information on the sale proposal and the sale process
3.0 JLL Presentation

owners have to pay $170 for the agent to engage a surveyor to get the baseline(the actual gfa or gross floor area) of the estate.

owners were anxious that the reserved price of 898 mil was too low, in anticipation of the future mrt station, and possible plot ratio raise.

it was a benign meeting and the night was called at around 10.30pm.

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