I was almost wrong. Many are happy with the payout. Many wanted to get out of Minton. There are simply no bonds amongst them, no memories worth recalling, no friendship worth keeping. Nothing. Sale Committee glad all is over. No one wanted to know any more reasons why Minton was sold for a song. Lawyers are happy. All mess cleaned up to pave the way for more task coming. Property agents smiling to the banks. Fat Fat commission from Minton. Thank you Minton for such easy fees.
There are so many who are in the professional line ; lawyers, teachers, executives, managers , doctors , researchers and so on. Yet they submitted to words preached by the previous management council members and their representing agent who are just retirees and some with struggling businesses.
I have to agree from a contributor Minton Rise was sold for an extremely low price. How could anyone be so naive as to sign so much of their rights and takings to total strangers???
Monday, June 8, 2009
Thursday, June 4, 2009
Pay out ready
Hello all residents, by the end of the day, many would have gotten or cash in on the money from the developer. Are you happy??? Really happy???
"Oh, how different would it be if I have not signed???"
"Shit!!! Where can I go with this miserable amount???"
" Omigosh!!! Is this all I get"
Surprise!!!
Many will be disppointed. Many will only know the effect of enbloc payout comes 3pm. There will be so many questions to ask. "Where is the money???" " Return to bank." "Back in your CPF"
I am very sure many will not celebrate.
Sale committee members already seen appearing in banks as early as yesterday.
"Oh, how different would it be if I have not signed???"
"Shit!!! Where can I go with this miserable amount???"
" Omigosh!!! Is this all I get"
Surprise!!!
Many will be disppointed. Many will only know the effect of enbloc payout comes 3pm. There will be so many questions to ask. "Where is the money???" " Return to bank." "Back in your CPF"
I am very sure many will not celebrate.
Sale committee members already seen appearing in banks as early as yesterday.
Thursday, May 28, 2009
Completion problem
Yes. I heard something like a little problem cropped up and that might cause a delay. But to point the finger at the MC now is a little unfair to them. Let us find out if the developer is in the position to enforce the late fees or completion is only on hold pending the outcome of the outstanding issues. Let us realise that the few cases with outstanding dues should not be a responsibility of all residents too. If indeed someone is held responsible for the delay , it should be these few with outstanding funds and not the management members. They are doing their part to protect whatever small amount that is balanced in the MC funds to be distributed to all residents.
Whoever got any latest news please share. Thank you
Whoever got any latest news please share. Thank you
Wednesday, May 20, 2009
Reveal No 3
No one has yet to give me the impression of how much they understand the contract they signed apart from those behind it.
Minton has quite a lot of bankrupt people. I do not know if those who pushed the sale so hard are amongst them. Too bad for these people, even if they refused to sign, the official assignee would agree once a letter goes to them via the sale committee lawyer.
There are a fare bit of divorced cases too.
Do not feel too comfortable where you stay. People are doing checks on you and they know your financial situations to.
Records showed there was an interested party who was willing to pay higher then what the sale committee was promoting. Everyone would reap a better payout as compared to now. Per household can get 30 to 40 thousand more. It was not followed up and they took it upon
themselves without revealing this when there was an EOGM held.
Also, some residents who had better connection wanted to help out in search of a better price, but that was also turned down.
Minton has quite a lot of bankrupt people. I do not know if those who pushed the sale so hard are amongst them. Too bad for these people, even if they refused to sign, the official assignee would agree once a letter goes to them via the sale committee lawyer.
There are a fare bit of divorced cases too.
Do not feel too comfortable where you stay. People are doing checks on you and they know your financial situations to.
Records showed there was an interested party who was willing to pay higher then what the sale committee was promoting. Everyone would reap a better payout as compared to now. Per household can get 30 to 40 thousand more. It was not followed up and they took it upon
themselves without revealing this when there was an EOGM held.
Also, some residents who had better connection wanted to help out in search of a better price, but that was also turned down.
Monday, May 18, 2009
Developer is serious!
Sorry folks. Go buy your own house as soon as the money comes in. No extension of stay for those who are still hoping property market can go down further.
No need to hope for some funny situation similar to Gillman Heights too.
No need to hope for some funny situation similar to Gillman Heights too.
Tuesday, May 12, 2009
Reveal No 2
Minton Rise was once a HUDC. After it got privatised, it became a private estate known as Minton Rise today. Of course it came with a price.
The privatisation fee had to be paid to the authority. ( Sorry, I have no idea who this 'authority" refers to. ) Anyway, all had to pay. For those who bought their house higher than the collective sale payout, they are able to claim back the cost. That is if you are a minority. 'Minority' means one who did not sign the enbloc contract.
The privatisation fee had to be paid to the authority. ( Sorry, I have no idea who this 'authority" refers to. ) Anyway, all had to pay. For those who bought their house higher than the collective sale payout, they are able to claim back the cost. That is if you are a minority. 'Minority' means one who did not sign the enbloc contract.
Monday, May 11, 2009
Reveal No 1
Like I said before, some people contributed some useful news but when I refused to put them on my blog, they want to know why.
Then later, I thought it harmless to put them up bit by bit.
Yes. It is true some minority residents got more than those who signed.
The majority who signed thought they were doing a good deed to the entire estate to expediate the collective sale. In actual fact, they fell as easy prey to the Sale Committee.
Then later, I thought it harmless to put them up bit by bit.
Yes. It is true some minority residents got more than those who signed.
The majority who signed thought they were doing a good deed to the entire estate to expediate the collective sale. In actual fact, they fell as easy prey to the Sale Committee.
Wednesday, April 8, 2009
Minton Rise Enbloc Saga
No, I am not going into producing a new drama. Come to think of it, it might not be such a bad idea after all.
Anyway, I want to thank some readers who have contributed materials for me to be put up in this blog. I must say I am very intrigued by the findings. Right now, I have to salute the minority more than the management members.
In time to come, I will release bit and pieces of it or maybe even the whole chunk of it. Do keep your mails coming either via this site or my mail direct. It is really a pleasure knowing you guys.
Anyway, I want to thank some readers who have contributed materials for me to be put up in this blog. I must say I am very intrigued by the findings. Right now, I have to salute the minority more than the management members.
In time to come, I will release bit and pieces of it or maybe even the whole chunk of it. Do keep your mails coming either via this site or my mail direct. It is really a pleasure knowing you guys.
Wednesday, March 25, 2009
Before date of completion ....
For those who already bought a HDB flat, a condo, or even a semi-d house, is the amount you are about to get really alot???
Do you have the feeling it ought to be more so you can go on a long vacation on top of getting a house???
Do you have the feeling it ought to be more so you can buy the car of your dream instead of a simple car???
Do you have the feeling it ought to be more so you can pay for somebody's medical fee or even donate to a charity???
Restricted amount??? Feeling tight??? Gotta consciously know how you spend and be extra careful as you do not have enough to hold a party.
So where is freedom???
Do you have the feeling it ought to be more so you can go on a long vacation on top of getting a house???
Do you have the feeling it ought to be more so you can buy the car of your dream instead of a simple car???
Do you have the feeling it ought to be more so you can pay for somebody's medical fee or even donate to a charity???
Restricted amount??? Feeling tight??? Gotta consciously know how you spend and be extra careful as you do not have enough to hold a party.
So where is freedom???
Thursday, March 12, 2009
Do you really want it to happen???
How many of us don't really want this enbloc sale to go through???
Tuesday, March 3, 2009
Tuesday, February 24, 2009
Is it really over???
Is there a dateline set for the High Court hearing???
Why would the developer give up on Minton especially after Gillman Heights ruling???
This episode has to come to an end. It has taken longer than when some chaps went around saying 'just sign' and you will probably get your money in about six months time. It was back in the year 2005 and 2006. Other vital points were never mentioned. It was after the signing of the last document in 2007 when many suddenly woke up to the fact they cannot back off. Honestly, even if one sells his property in the open market, it will never take so long. There is only an agent and a buyer and one would never have the fear of being sued.
Who is the happiest when Gillman Heights lost???
Why would the developer give up on Minton especially after Gillman Heights ruling???
This episode has to come to an end. It has taken longer than when some chaps went around saying 'just sign' and you will probably get your money in about six months time. It was back in the year 2005 and 2006. Other vital points were never mentioned. It was after the signing of the last document in 2007 when many suddenly woke up to the fact they cannot back off. Honestly, even if one sells his property in the open market, it will never take so long. There is only an agent and a buyer and one would never have the fear of being sued.
Who is the happiest when Gillman Heights lost???
Tuesday, February 3, 2009
Sorry Folks, wrong info!!!
There was no hearing for Minton on the 2nd. It was only for the lawyers.
As for today's case for Gillman, I will have to wait to be updated.
As for today's case for Gillman, I will have to wait to be updated.
Wednesday, January 28, 2009
High Court Day 2 for Minton Rise
2nd Feb 2009
High Court hearing continues. Anyone got the latest update??? Any change of date???
3rd Feb 2009
Court of Appeal for Gillman Heights.
High Court hearing continues. Anyone got the latest update??? Any change of date???
3rd Feb 2009
Court of Appeal for Gillman Heights.
Tuesday, January 6, 2009
New Year, New Hopes
Minority Type 1 --- They still think they have a good case.
Minority Type 2 --- They thought they had a good case but there is simply no justice to see them thru.
Minority Type 3 --- They seem to be the winners as they sat on the fence to watch the game, heck care who win or loose.
Majority Type 1 --- They are hoping this saga will quickily end in their favour as they signed all legal documents for the handover of their house. There is simply nothing they can do.
Majority Type 2 --- They want this to end in the minority's favour.
Minority Type 2 --- They thought they had a good case but there is simply no justice to see them thru.
Minority Type 3 --- They seem to be the winners as they sat on the fence to watch the game, heck care who win or loose.
Majority Type 1 --- They are hoping this saga will quickily end in their favour as they signed all legal documents for the handover of their house. There is simply nothing they can do.
Majority Type 2 --- They want this to end in the minority's favour.
Tuesday, December 30, 2008
End of Year 2008
Another year coming to an end since the start of the enbloc saga. We still have to wait for 2nd Feb to come. Many residents felt so let down, they no longer want to wait for any result. These includes those financially not stable. They felt it is best to move than to be caught being seen as waiting for the minority to win. There are also those who prefer not to be seen in Minton.
No one can complain about the upkeep of this place as there are too many houses rented out. These very irresponsible tenants have no feelings for Minton. They come and go. The turnover is appalling.
No one can complain about the upkeep of this place as there are too many houses rented out. These very irresponsible tenants have no feelings for Minton. They come and go. The turnover is appalling.
Friday, December 5, 2008
Difference between High Court and Court of Appeal
High Court - open to public
As we all know, the order for the enbloc sale was passed by STB. High Court is for the loosing party to appeal against that order.
Court of Appeal - open to public
This is the last stage anyone can seek further redress. The judges can also throw the case back to STB whereby whoever lost there were not given a fair arbitration hearing in the first place.
Anyone, do correct me if I am wrong.
As we all know, the order for the enbloc sale was passed by STB. High Court is for the loosing party to appeal against that order.
Court of Appeal - open to public
This is the last stage anyone can seek further redress. The judges can also throw the case back to STB whereby whoever lost there were not given a fair arbitration hearing in the first place.
Anyone, do correct me if I am wrong.
Wednesday, November 19, 2008
Welcome
Hello to all readers and commentators. I do enjoy the views and opinions from each individual so far. Thank you. However, if there is a need, I will have to delete unpleasant postings. Well, so far so good.
Do get me more readers please. Spread the word, directly or discreetly, just let people know my site.
Do get me more readers please. Spread the word, directly or discreetly, just let people know my site.
Tuesday, November 4, 2008
Re : Bad Faith
The dropping off does not indicate there is no bad faith. The plaintiffs' representing lawyers can bring up issues relating to point of law only.
What is bad faith exactly ???
Who can rule there is bad faith ???
Is there bad faith in the Minton Rise enbloc procedures ???
What is bad faith exactly ???
Who can rule there is bad faith ???
Is there bad faith in the Minton Rise enbloc procedures ???
Wednesday, October 29, 2008
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