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Wide-ranging changes proposed by BMSM Bill

A slew of wide-ranging changes have been proposed by the Building Maintenance and Strata Management Bill 2017 read in Parliament on 1 August 2017. The BMSM Bill, a result of the Public Consultation held earlier in the year is intended to do the following: to clarify what constitutes common property; to impose new duties

By | 2018-04-17T04:44:11+08:00 August 4th, 2017|Categories: Law|Tags: |1 Comment
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Important Issues in En Bloc Sales

There are several reasons why an en bloc sale or collective sale is carried out. Apart from the potential gain from the sale, for properties on 99-year leases, such a sale ensures the future redevelopment of the property before the lease runs out and the government acquires it back at zero dollars. Owner's approval

By | 2018-07-22T16:45:36+08:00 July 20th, 2017|Categories: En Bloc, Law|Tags: , , |0 Comments
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