Raise en-bloc consent ratio to 99%
ST, Forum, April 19, 2008
WHEN the Land Titles (Strata) Act was amended, the majority required to
approve a collective property sale was changed from 100 per cent to 80 per
cent on the following basis:
A small minority (as we understand it) in places like Kim Lim Mansion
blocked sales from going through;
The change to the law was meant to facilitate redevelopment in very
run-down condos; and
The law was meant to allow intensification of land use in prime areas.
These original intentions have changed radically in that:
Now more than 20 per cent have to oppose the sale process in order to save
their homes;
Condos in good condition have too often gone under the en-bloc hammer; and
Condos in non-prime areas are going en bloc, and not always with the
intensification previously envisaged.
Since thousands of homes have gone en bloc and there is now talk of
collective sales in too many condominiums, can the Government consider
raising the ratio to 99 per cent consent?
With the proliferation of resistance to collective sales in condos in
Botanic Gardens, Bayshore Park, Clementi Park, Green Lodge, Dairy Farm
Estate, Mandarin Gardens and more, each with its own website, there is
obviously a growing sentiment in favour of staying put.
Susan Prior (Ms)
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