Outside the prime districts of 9, 10 and 11, the East Coast area (Districts 15 and 16) has traditionally been a draw for expatriates. In the last two years, the area has proven to be especially popular with mainland Chinese and Indian nationals, says Wendy Tang, director of residential services at Knight Frank. “Those who are permanent residents tend to buy for their own occupation, while non-PRs are...
Bayshore Park
Behind the walls of the 24-year-old Bayshore Park condominium, tension is brewing. Four owners are suing a fellow owner for defamation, arising from a dispute over the condo's management council election. On the first day of trial on Tuesday, the High Court heard that the four plaintiffs were allegedly defamed by a 10-statement circular written by Mr Chua Cheok Kwang, which accused them of being...
Bayshore Park may be 24 years old and on a 99-year lease tenure, but it remains popular. The 1,093-unit development comprises four 32-storey towers and three low-rise 10-floor blocks. The condominium was developed by Far East Organization (FEO) and completed in 1986. As one of the older developments in the area, the condo sits on a sprawling site of over one million sq ft. Designed with a seaside resort...
IMAGINE you are a condominium owner, and your property's management corporation (MCST) has been engaging the services of two administrators, two technicians and some cleaners for the estate. You cheered when the government announced the Jobs Credit scheme earlier this year, thinking the savings will go to your MCST. Well, think again. Like the MCST of Bayshore Park, a condominium on the East Coast, you...
Condo’s residents want to stop repeated en bloc efforts, will seek Prof Jaya’s help YET another attempt to put Bayshore Park on the en bloc market has been nipped by poor attendance, and residents who are not interested in selling are fed up with the repeated efforts. They now want to consult Law Minister Prof S Jayakumar - who is also their Member of Parliament (MP) - during a Meet-The-People...
DEPENDING on which side you are on, it is a case of try and try again, or deja vu, as some residents will testify. Condominium en bloc sales have cooled, due in part to the new Land Titles (Strata) Act that came into force in October, but at least two large developments are getting back into the game. Bayshore Park, on Singapore’s East Coast, is in the process of forming a new sales committee after it...
Bayshore Park condominium, a 21-year-old estate with over 1,000 apartments, is exploring the possibility of an en bloc sale. It took a formal step on Saturday by holding an extraordinary general meeting to elect an en bloc sales committee. With changes to the Land Titles Strata Act expected to kick in next month, what happens to potential en bloc sale properties that are caught in-between these...