Yes, unfortunately, the objectors who filed against the enbloc sale lost.
Nonetheless, the next level, which is the High Court is where they will again file their objection.
The so called minority has 21 days.
Do not be alarmed by the September timeline as the lawyers representing the majority has 3 months to completion time. After which, there is still another six months . But this timeline will be adjusted further once the minority takes a step higher.
Like I said before, news of more than 1200 units replacing the current 342 units is a very frustrating fact.
All the best to the very small courageous group.
1 comment:
brave indeed. i am sure they have very deep pockets. it's good they are holding out. property prices are dropping in the current uncertain times and everyone in the estate will rejoice whether the deal is done or not.
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