Teresaville Owner's Blog

Dear Teresa Ville SPs who have not signed the CSA, 1. You have one year to sign the En Bloc CSA, so please take your time to make this important decision. We understand that Huttons and the CSC have provided information addressing the replacement property issue, which we would like to address. 2. We will have Teresa Ville fellow SPs who are real estate and business professionals at the tea session, whose believe that all SPs deserve a fair and transparent process and the best price for their properties. 3. You are invited to join us for: Tea & Info Session on the En Bloc This session focuses on the following issues Recent Property Price Trends: How will the recent successful en bloc sales and the increase in development charges affect our Teresa Ville En Bloc? Update on Factors and Possibilities to increase the Reserve Price: What has been done by the CSC since the last info session to explore the possibility of increasing the Reserve Price? Fine Print in the ...

Dear Teresa Ville SPs who have not signed the CSA, 1. You have one year to sign the En Bloc CSA, so please take your time to make this important decision. We understand that Huttons and the CSC have provided information addressing the replacement property issue, which we would like to address. 2. We will have Teresa Ville fellow SPs who are real estate and business professionals at the tea session, whose believe that all SPs deserve a fair and transparent process and the best price for their properties. 3. You are invited to join us for: Tea & Info Session on the En Bloc This session focuses on the following issues Recent Property Price Trends: How will the recent successful en bloc sales and the increase in development charges affect our Teresa Ville En Bloc? Update on Factors and Possibilities to increase the Reserve Price: What has been done by the CSC since the last info session to explore the possibility of increasing the Reserve Price? Fine Print in the C...

Fellow SPs, In today's world of fake news, we should all take the time to check the facts.  Some residents are being asked to sign the CSA with the assurance that the Reserve Price will go up to $1.1B. So we wanted to advise our fellow SPs of the following: 1. Please ask to see any change in Reserve Price written in the CSA before you sign.  Preferably ask the lawyers from Lee & Lee to confirm. Signing the CSA is a really big decision, please do not do it based on verbal promises that can easily be denied later. 2. Please do not sign the CSA until you as the SP have all the information you need to make the best choice for you and your family. This is a really big decision that could materially affect the rest of your life.  3. We believe the current Reserve Price is too low.  Please join us at the next Tea & Info Session  to learn more: Tea & Info Session Date: Sunday, 25 March 2018 Time: 3pm - 5pm Venue: Teresa Ville Function...

This post is addressed to fellow SPs -  who have decided not to sign the CSA till all their concerns/ doubts/ dilemmas are addressed, whether it relates to - comparable replacement property options with clearly bullish property price trends or impact of SSD for effected SPs and/or  whether all factors and possibilities to increase reserve price are exhaustively explored, pursued and followed up and/or  whether all relevant information, research/ fact based property market data is made available, so that SPs can make more informed decision (as against only selective information shared by CSC and Huttons, to rush the enbloc process) and/or whether fine prints in CSA , (impact of which SPs with limited legal insights may not be aware of) are explained in details and/or any other issue which needs proper addressing. Please look at new posts on this blog for Date, Time, Venue and Agenda of next Tea & Info session organized by like minded fellow SPs in about ...

Dear Fellow SPs,                                                                                             Feb 28,   2018 Gong Xi Fa Cai and best wishes for a joyful and prosperous New Year of the Dog. ·      Post the "Tea & Info" session organized by fellow Teresa Ville owners on Feb 10, the attending SPs expressed deep concern as to why CSC and the sales agent Huttons are pushing for such a low land Reserve Price ($1350 psf ppr) for a rare piece of large freehold land in the central region. Recent lan...