I REFER to Mr Ong Tee Jin’s Forum Online letter yesterday, “En bloc sale panels should have 80% support”.
The law governing en bloc sales has been improved several times. The First Schedule of the Building Maintenance and Strata Management Act mandates that the accounts of the management corporation and the auditor’s report be tendered at each annual general meeting (AGM) to demonstrate the importance of proper accounting in communal living.
In this spirit, perhaps the law should make it mandatory for the formation of an en bloc sale committee to be discussed at the AGM to allow the matter to be brought up for debate, as it concerns the disposition of one’s legal interest.
Patrick Sio
Source: Straits Times, 3 Feb 2010
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