MS Florence Tan (‘Keep members of MC, sales committee distinct’, BT, April 15) suggests that members of management committees (MC) be distinct from members of en bloc sale committees (SC).
Ms Tan is of the view that there will be a conflict of interest when members of the MC, whose main role is to oversee maintenance of the estate, are also tasked with the responsibility for an en bloc sale.
Separating the members of an MC and SC may not be very practical for smaller estates if insufficient persons come forward to form two separate committees. The Land Titles (Strata) Act allows owners to elect who they feel are best suited to represent their interests into the SC. The Act also allows owners to remove any SC member or even the entire SC if they are of the opinion that they are not discharging their duties in a fitting manner.
Under the Building Maintenance and Strata Management Act, the MC is duty-bound to ensure the estate is well maintained and kept in a state of good and serviceable repair. Should the MC fail to perform its duties as imposed by law, residents can seek redress through the Strata Titles Board or the Court to compel the MC to perform its duties. If residents are unhappy with the performance of council members, they can consider removing the council members concerned by way of an ordinary resolution at a general meeting on grounds of neglect of duty.
Thus, it is entirely within the powers of the majority of the residents to deal with errant MC members.
Chong Wan Yieng (Ms)
Head, corporate communications Ministry of Law
Source : Business Times – 20 Apr 2010
Wednesday, April 21, 2010
HDB launches over 1,400 new BTO flats
THE Housing and Development Board (HDB) yesterday launched two new build-to-order (BTO) projects in Punggol, offering a total of 1,429 flats.
Both projects will be near the Punggol MRT Station, bus interchange and the future Punggol town centre.
Punggol Emerald, at the junction of Punggol Way and Punggol Central, will have 856 standard flats. These consist of 188 studio apartments, 96 three-roomers, 350 four-roomers and 222 five-roomers.
A five-room flat in this estate will sell for $333,000 to $403,000. According to HDB, the price of a comparable five-room resale flat in the vicinity is $412,000 to $471,000.
The other project, Punggol Waves, will be at Punggol Walk. It will offer 573 flats comprising 105 three- roomers, 259 four-roomers and 209 five-roomers.
A five-room flat here will cost $330,000 to $385,000, slightly less than one at Punggol Emerald. HDB notes that a comparable five-room resale flat in the vicinity would go for $415,000 to $471,000.
Both Punggol Emerald and Punggol Waves will have eco-friendly features, allowing them to qualify for Green Mark certification. This is part of HDB’s plans to develop Punggol as an eco-town.
These features will boost energy efficiency and indoor environment quality. The estates will also be built using precast construction methods to reduce wastage.
Applications for flats at Punggol Emerald and Punggol Waves will close on May 3.
Including units from the latest two projects in Punggol, HDB would have offered 5,082 new BTO flats in the first four months of this year. Home seekers can look forward to another 1,100 BTO flats in Yishun and Jurong West next month.
From May to September, HDB will launch 7,400 BTO flats, bringing the total number of flats introduced in the first three quarters of the year to about 12,000.
More flats are in the pipeline through the Design, Build and Sell scheme – a site in Yishun which can yield around 700 units is currently up for tender.
Source : Business Times – 20 Apr 2010
Both projects will be near the Punggol MRT Station, bus interchange and the future Punggol town centre.
Punggol Emerald, at the junction of Punggol Way and Punggol Central, will have 856 standard flats. These consist of 188 studio apartments, 96 three-roomers, 350 four-roomers and 222 five-roomers.
A five-room flat in this estate will sell for $333,000 to $403,000. According to HDB, the price of a comparable five-room resale flat in the vicinity is $412,000 to $471,000.
The other project, Punggol Waves, will be at Punggol Walk. It will offer 573 flats comprising 105 three- roomers, 259 four-roomers and 209 five-roomers.
A five-room flat here will cost $330,000 to $385,000, slightly less than one at Punggol Emerald. HDB notes that a comparable five-room resale flat in the vicinity would go for $415,000 to $471,000.
Both Punggol Emerald and Punggol Waves will have eco-friendly features, allowing them to qualify for Green Mark certification. This is part of HDB’s plans to develop Punggol as an eco-town.
These features will boost energy efficiency and indoor environment quality. The estates will also be built using precast construction methods to reduce wastage.
Applications for flats at Punggol Emerald and Punggol Waves will close on May 3.
Including units from the latest two projects in Punggol, HDB would have offered 5,082 new BTO flats in the first four months of this year. Home seekers can look forward to another 1,100 BTO flats in Yishun and Jurong West next month.
From May to September, HDB will launch 7,400 BTO flats, bringing the total number of flats introduced in the first three quarters of the year to about 12,000.
More flats are in the pipeline through the Design, Build and Sell scheme – a site in Yishun which can yield around 700 units is currently up for tender.
Source : Business Times – 20 Apr 2010
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