tag:blogger.com,1999:blog-7199796605339305108.post5044713677706785187..comments2023-10-20T23:20:55.719+08:00Comments on Enblocing Singapore: Measures to Ensure Transparency - Deconstructing a Parliamentary DiscussionDr Minorityhttp://www.blogger.com/profile/06233189352842088284noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-7199796605339305108.post-90930663771996740592007-06-11T13:03:00.000+08:002007-06-11T13:03:00.000+08:00As to Ass Prof Ho Peng Kee's parliamentary reply (...As to Ass Prof Ho Peng Kee's parliamentary reply (para 4, 22 May 2007) about not keeping owners in suspense for an indefinite period, it speaks volumes about what our good Senior Minister of State really knows, eh? I suppose that's the risk of opening one's mouth, if I may make a wry observation. <BR/><BR/>As rightly pointed out by Dr Minority, en blocs go into a Cycle of Infinity. The present law does NOT have clauses to define (or deem) an en bloc failure even after Expression of Interest/Collective Sale Agreement Signature exercises fail to garner a 80% (90%) consent. Instead, the law now incubates the CSA on life support for 12 months by which time the reserve price is totally irrelevant (even the price of condensed milk cannot hold for 12 months)! <BR/><BR/>As reported in The Straits Times, owners in "hot" residential districts are assaulted with "cold calls" by marketing agents even though there is no solicitation by owners (ie, no or dormant Pro-tem or Formal Sales Com). They just won't leave you in peace. <BR/><BR/><B><I>I feel like a Squatter in my own home ... like some ballistic Palestinian literally living in Gaza strip, not knowing when the Shylocks of marketing agents/en bloc vultures (serial or otherwise) will strike a home run! </B></I> <BR/><BR/>If Singapore can have an Anti-Spam legislation, then we should have an Anti-Enbloc Cold Call legislation. This industry obviously needs a Code of Conduct against such unseemly behaviour!The Pariahhttps://www.blogger.com/profile/14725490396019425388noreply@blogger.com