12 Oct '17, 3am

Braddell View forms en bloc sales committee

Braddell View is a 99-year leasehold development apartment completed in 1981 and has a total of 438 units. Most residents of Braddell View voted to form a collective sales committee on Tuesday (10 October), with 493 people in favour, while 28 opposed it, reported the Straits Times. “I think the general feeling is that there is no harm in exploring the possibility. Let’s wait and see what the committee can come up with,” said a homeowner in the 918-unit development. As such, Braddell View is now among the former HUDC estates that kick-started the en bloc process such as Laguna Park, Pine Grove, Chancery Court and Florence Regency, while Ivory Heights has already been launched for sale. This follows a recent increase in collective sales, with Normanton Park sold last week in one of Singapore’s largest en bloc deals. The privatised housing project constructed in 1977 for the ...

Full article: http://www.propertyguru.com.sg/property-management-news/2...

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