The Chonkerton

New law proposed to lower en bloc thresholds for older condominiums

business

Channel NewsAsia reports that Singapore is proposing a new law to lower the consent thresholds for collective sales of older condominiums. The current rules were introduced in nineteen ninety-nine—but since then, the Ministry of Law notes, many residential developments have become significantly older.

Source: https://www.channelnewsasia.com/singapore/en-bloc-condomi...

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