pearlbankapartments :: No Enblock !

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I REFER to Catherine Tan's letter, "Raiders are not welcome" (Jan 26).

It is shocking but increasingly common for others to try to make a profit out of another's home. In the condominium where I stay, most of the members of the sales committee own units here, but do not actually live here themselves. Like Ms Tan's "condo raiders", they have no ties to the community and want to maximise the profit on their investments.

In fact, although they know that only 30 per cent of the owners are in favour of an en bloc, they are willing to try their luck every few years and unsettle the rest of us.

Isn't it time for the en bloc rules to change? Shouldn't weightage in voting for an en bloc be given to those who live in the condominium?

I know of families who used to stay at Gillman Heights who are out of pocket by half a million dollars from having to move after it went en bloc. Some of them moved to Pine Grove, only to find it also is trying to go en bloc now. Those who can only afford to move into older condominiums find that they are staying there only a few years before having to move on again.

I live with aged parents who are used to staying in my condo and would find it difficult to settle elsewhere. En bloc movements are an unwelcome means of social upheaval of the middle classes. The rules must be changed to protect the stayers and not the raiders.

PAP leadership gone senile? http://www.temasekreview.com

Tan Cheng Soing [architect of Pearlbank], now 70 and still actively designing, hopes the building will be preserved. “A large part of what we build is replaceable and mundane. But each era has its memory and icons and architecture is the proud expression of the time. Pearlbank is unique and special to me in many ways. It was born of a heroic period when Singapore was searching for its place in the sun.” see the full story from The Financial Times here | print pdf version

Will the Singapore government give a jail term to PR Penthouse One owner whom refuses to sell his 4,000 sq ft home if Pearlbank goes enblock? Are the morals of the Singapore government in question?

'Uniquely Singapore' = Unequaled GREED

Penthouse One Pearlbank has undergone a 9 year, $500,000 sgd transformation. View it here

Scene City Singapore | Channel News Asia 8:31 pm | 23rd September this episode features Pearlbank Apartments + Penthouse One

After all episodes are aired, watch it here. In the mean time view the trailer above

click on the header bar above to download the .pdf file for reading the text