Owners say enbloc sale of Tulip Garden has been called off

[Unregistered]

any news folks on the latest? my new unit TOP soon. need the money.

[Unregistered]

Anyway what will be will be. No point losing sleep over it. Forget it as a dream and move on. Life is much more than en bloc. Enjoy quality time with your family rather than blame one another here. Who knows...it could very well be a blessing in disguise....if we live on to see the next boom cycle.

very well said, the location is very convenient. next cycle maybe another two years.

[Unregistered]

Anyway what will be will be. No point losing sleep over it. Forget it as a dream and move on. Life is much more than en bloc. Enjoy quality time with your family rather than blame one another here. Who knows...it could very well be a blessing in disguise....if we live on to see the next boom cycle.

Would the situation have help if one month is not wasted with the S.T.B.?

[Unregistered]

Would the situation have help if one month is not wasted with the S.T.B.?

This has nothing to do with STB. Perhaps is is all a big hoax, game plan by a few big developers to hype up the prices around the location so that they can sell the new launches at higher prices and make big profits! So what if they lost a few millions here and there. This is especially so if they are registered as a $2.00 company that has made the purchase of Tulip. What can we do? Sue them? Therefore sell if you have to as soon as you receive confirmation on whether the deal has gone dead before the prices starts tumbling down again.

[Unregistered]

This has nothing to do with STB. Perhaps is is all a big hoax, game plan by a few big developers to hype up the prices around the location so that they can sell the new launches at higher prices and make big profits! So what if they lost a few millions here and there. This is especially so if they are registered as a $2.00 company that has made the purchase of Tulip. What can we do? Sue them? Therefore sell if you have to as soon as you receive confirmation on whether the deal has gone dead before the prices starts tumbling down again.

Too many homes to sell...price will drop faster.

[Unregistered]

Too many homes to sell...price will drop faster.

Hope new HDB price @$600psf will drop first .So the rest of the condo will drop faster.Wish everybody stop buying any HDB or condo.The prices of these properties will sure drop.Any comments?????????

[Unregistered]

Too many homes to sell...price will drop faster.

but how come the sc or agent did not check their developer reputation 1st before they grant them option?

[Unregistered]

but how come the sc or agent did not check their developer reputation 1st before they grant them option?

Good question. I guess you know the answer.

[Unregistered]

many hickups, including eogm posponed 1mth from sep to oct, but the biggest is the rush to sell with no check on buyer's back.

[Unregistered]

Perhaps is is all a big hoax, .... This is especially so if they are registered as a $2.00 company that has made the purchase of Tulip. What can we do? Sue them?

Agree this may be a big conspiracy by the buyer who believes the SC is desperado who will agree to sell at their whims and fancies. We should show the conspirator that Tulip SPs are not desperate to sell. Our property which now has Leedon Place GCB address and within walking distance to MRT is worth much more than the pittance price they are paying.

Pay next 5% by the deadline or the deal is off. Better to keep the 5% than to sue $2.00 company and get nothing left.

[Unregistered]

Agree this may be a big conspiracy by the buyer who believes the SC is desperado who will agree to sell at their whims and fancies. We should show the conspirator that Tulip SPs are not desperate to sell. Our property which now has Leedon Place GCB address and within walking distance to MRT is worth much more than the pittance price they are paying.

Pay next 5% by the deadline or the deal is off. Better to keep the 5% than to sue $2.00 company and get nothing left.

No point blaming anyone. Everyone did what they felt was good for all. Subprime had not yet raised its ugly head then. It was easy for anyone to get finance. Situation is different now with the slow down. No one could foresee this back in the middle of last year. Every en bloc set a new record back then. Who is to blame? No one. Just move on folks.

[Unregistered]

Hope new HDB price @$600psf will drop first .So the rest of the condo will drop faster.Wish everybody stop buying any HDB or condo.The prices of these properties will sure drop.Any comments?????????

Yes it is happening. Sales has virtually dried up. Also heard that many are letting the options lapse. Complete turn around since last year. Bad luck...

[Unregistered]

We should show the conspirator that Tulip SPs are not desperate to sell. Our property which now has Leedon Place GCB address and within walking distance to MRT is worth much more than the pittance price they are paying.

Pay next 5% by the deadline or the deal is off. Better to keep the 5% than to sue $2.00 company and get nothing left.

Er.. I think the SC will immediately push for another tender if the deal is off, rather than wait for a few years. I think there's too many investors who need to get their windfall now, and can't afford to wait years for something that may not appear. And don't forget the agents get nothing if the sale doesn't go through, so they will push for a new tender as well, even if the price is lower than the original offer.

And those who signed the CSA have no say, since it gives the SC the right to retender.

[Unregistered]

Er.. I think the SC will immediately push for another tender if the deal is off, rather than wait for a few years. I think there's too many investors who need to get their windfall now, and can't afford to wait years for something that may not appear. And don't forget the agents get nothing if the sale doesn't go through, so they will push for a new tender as well, even if the price is lower than the original offer.

And those who signed the CSA have no say, since it gives the SC the right to retender.

but since there has been changes in the law...is it that simple? moreover market sentiment is down.

[Unregistered]

Er.. I think the SC will immediately push for another tender if the deal is off, rather than wait for a few years. I think there's too many investors who need to get their windfall now, and can't afford to wait years for something that may not appear. And don't forget the agents get nothing if the sale doesn't go through, so they will push for a new tender as well, even if the price is lower than the original offer.

And those who signed the CSA have no say, since it gives the SC the right to retender.

there are about 5 families with a few units here,3 families are in the sc, every one knows.

[Unregistered]

there are about 5 families with a few units here,3 families are in the sc, every one knows.

Don't expect "healthy plants", when "rotten seeds" are planted!

[Unregistered]

Er.. I think the SC will immediately push for another tender if the deal is off, rather than wait for a few years. I think there's too many investors who need to get their windfall now, and can't afford to wait years for something that may not appear. And don't forget the agents get nothing if the sale doesn't go through, so they will push for a new tender as well, even if the price is lower than the original offer.

And those who signed the CSA have no say, since it gives the SC the right to retender.

These "shit stirrers" will not give up!

[Unregistered]

Er.. I think the SC will immediately push for another tender if the deal is off, rather than wait for a few years. I think there's too many investors who need to get their windfall now, and can't afford to wait years for something that may not appear. And don't forget the agents get nothing if the sale doesn't go through, so they will push for a new tender as well, even if the price is lower than the original offer.

And those who signed the CSA have no say, since it gives the SC the right to retender.

This CSA that recently approved by STB is only valid between the owners and the present buyer. Those majority signatures are not infinitum? We may have to to start anew with the new regulations. This time hopefully we do not need one whole year to get 80%.

[Unregistered]

there are about 5 families with a few units here,3 families are in the sc, every one knows.

Got one good person in the sales committee.(MR. C. H. LIM) Very well respected.

[Unregistered]

This CSA that recently approved by STB is only valid between the owners and the present buyer. Those majority signatures are not infinitum? We may have to to start anew with the new regulations. This time hopefully we do not need one whole year to get 80%.

To start all new, i for 1 would not like it anymore. its very tiring u know.
all waiting and hope and hope comes with nothings.....

[Unregistered]

This has nothing to do with STB. Perhaps is is all a big hoax, game plan by a few big developers to hype up the prices around the location so that they can sell the new launches at higher prices and make big profits! So what if they lost a few millions here and there. This is especially so if they are registered as a $2.00 company that has made the purchase of Tulip. What can we do? Sue them? Therefore sell if you have to as soon as you receive confirmation on whether the deal has gone dead before the prices starts tumbling down again.

it is ok whether is a 2.00 company, afterall 5% is paid. but what i mean is the purchaser should at least be of public listed company standard. therefore in time of some problem, they will not just walk off easily.

[Unregistered]

it is ok whether is a 2.00 company, afterall 5% is paid. but what i mean is the purchaser should at least be of public listed company standard. therefore in time of some problem, they will not just walk off easily.

friend, what do u mean by ok? by now should receive 10% and not 5% deposit.

[Unregistered]

friend, what do u mean by ok? by now should receive 10% and not 5% deposit.

Money is the root of all evil. Get rid of it before it gets rid of all your moral and ethical values.

[Unregistered]

My family has been praying for everybody. In times of a bad situation; sometimes the best solution is to leave it in the hands of GOD?

[Unregistered]

My family has been praying for everybody. In times of a bad situation; sometimes the best solution is to leave it in the hands of GOD?

My opinion is to let matter rest. let begin life as normal as possible.
as we have seen so many cycle of up n downs already. to all friends n neighbours., Take Care, God Bless U All.

[Unregistered]

anyone know how much money spent on aogms on enblocs? hope not as much as bayshore.

[Unregistered]

friend, what do u mean by ok? by now should receive 10% and not 5% deposit.

think can forget the further 5% liao.

[Unregistered]

Is there any recourse against buyer for defaulting?

[Unregistered]

Is there any recourse against buyer for defaulting?

why want pay lawyer to get $2 ?

[Unregistered]

Is there any recourse against buyer for defaulting?

Is not worth pursuing this matter. afterall 5% of sale is forfeitted, dun think they will be paying further 5%.