Sunday, April 22, 2007

The Day I Talk About En Bloc's And Collective Sales

My home has been successfully sold as a collective whole. Yes, my family has joined the ranks of so many others who have fallen victim to the "en bloc" fever that has recently swept across the country.

Here's what happened to us: We have been forced to sell our house due to the fact that more than 80% of our neighbours have signed an agreement to developers for the collective sale of our condominium. Even though we're not making a loss financially (they're paying us just the right amount that covers the cost of our house when we bought it), we aren't benefiting either. The only ones who are benefiting are the selfish assholes I have for neighbours who actively sought out developers to sell our place to so as to make fast kaching!

Most of them got their houses at low prices (during the off-peak property prices period), so it's obvious that their happy bout it! As for the rest of us, we have to start looking for houses.

The government seriously needs to amend the en bloc law, cos people are suffering. Urgh...

No comments:

Post a Comment