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Thread: City Plaza En Bloc

  1. #51

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    Quote Originally Posted by Tulip09 View Post
    Huttons has been appointed as Marketing Agent for City Plaza. I believe they are working on a two month time frame to call the next EOGM.
    Thanks for sharing Tulip09


  2. #52

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    Quote Originally Posted by bestguitarist View Post
    Thanks for sharing Tulip09
    Anytime. Fortis Law has been appointed as legal consultant. I gather they are doing the ground work now .


  3. #53

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    Quote Originally Posted by Tulip09 View Post
    Anytime. Fortis Law has been appointed as legal consultant. I gather they are doing the ground work now .
    Hi Tulip09, any updates on the progress of City Plaza? I believe they should be in the process of finalizing the collective sales agreement and have it approved in an upcoming EOGM. Recently some more commercial projects trying their lucks in the en bloc market but none is sold so far this year. It is especially hard for strata shop owners to agree on an apportionment methods (the commonly used valuation method is quite subjective unfortunately). Hope City Plaza en bloc can go well.


  4. #54

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    Quote Originally Posted by bestguitarist View Post
    Hi Tulip09, any updates on the progress of City Plaza? I believe they should be in the process of finalizing the collective sales agreement and have it approved in an upcoming EOGM. Recently some more commercial projects trying their lucks in the en bloc market but none is sold so far this year. It is especially hard for strata shop owners to agree on an apportionment methods (the commonly used valuation method is quite subjective unfortunately). Hope City Plaza en bloc can go well.
    Hello, so far no confirmation of the EOGM date. They are working on the valuation of every unit , apportionment , Collective Sale Agreement etc. More and more commercial sites are being launched so I think we will have some idea how this will go once we see how some comparable ones do. But whether CS can get 80% will depend on whether owners are happy with the Apportionment. I gather some feel itís better to wait for the 2020s as the height restriction may be lifted once Paya Lebar airport moves in 2030.Meanwhil I wonder why there is no news of Grandlink Sq as I be
    I heard in January that they had completed all the ground work including Apportionment. Are they still at the signing stage ?


  5. #55

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    I think there should be some update.


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