Wednesday, October 2, 2013

Tuan Sing

Tuan Sing: Update on Tuan Sing’s conditional contract for collective purchase of all strata units and the common property of Gilstead Court. The vendors have not been able to obtain an order of sale from the Strata Titles Board, as mediation efforts at STB between the vendors and non-consenting vendors have not been successful. The vendors will proceed to make an application to the High Court for an order of sale to sanctiont he contract. The vendors and the non-consenting vendors are still in the process of negotiation to reach an amicable settlement.

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