Latest & Last Update 2007.8.31

Kindly be advised that the Bedok Court En bloc Sale Committee was elected on the 11th August 2007 EOGM.

With immediate effect, please log on to : www.bedokct.blogspot.com for the further information.

Thank you very much for your kind support and strong mandate at the EOGM

With best regards
Heng Hock Heng
On behalf of the Pro-tem Sales Committee

EOGM 11 August 2007 Meeting Report

EOGM 11 August 2007 Meeting Report
(Date: 2007.08.11)

2.1 To proceed with the collective sale of Bedok Court Condominium (MCST 1130)
For: 677 share value, Against: 131 share value. Motion passed

2.2 To invite subsidiary proprietor to form a sales committee for purposes of collective sale
The Sales Committee of 9 members is formed. The members are:

• Allen Walters (Blk.295)
• Laurence Pang (Blk.299)
• Freddie Khoo (Blk.299)
• Ghalid Awang (Blk.297)
• K.Tanapalan (Blk.297)
• Walklin Russell (Blk.295)
• Heng Hock Heng (Blk.295)
• Paul Lim (Blk.295)
• Cheng Ah Lian (Blk.299)

2.3 To consider the appointment of the solicitors & marketing agents for the collective sale by the sales Committee subject to the terms of the Collective Sale Agreement: Motion unanimously passed

2.4 To allow the Sales Committee access & usage, without charge of the available MCST 1130 facilities limited to the Function Room & Board Room solely for the purpose of collective sale: Motion unanimously passed.

Thank you for your strong support

29th July SP No.2 Meeting Report

Collective Sale Meeting Report

(date: 2007.7.31)

1. The number of attendees for the English Presentation held at 2:00pm and 3:30pm was 140 pax and 70 pax respectively. The number of attendees for the Chinese Presentation at 5:00pm was 52 pax. Thus, the total number of attendees is 262.
2. Mr. Daniel Ong of Dennis Wee Realty gave a detailed marketing presentation for the collective sale. The presentation includes the following: The Collective Sale Process, Scope of Services, Residual Land Value of Bedok Court, Sale Proceed Method of Apportionment, Competitive Market Analysis, Mode of Sale, Project Time line, Marketing Plan.
3. Mr. Kenneth Tan of Asia Law Corporation and Mr. Troy Yeo of Dominion LLC were also present to answer to inquiries on legal matters on the collective sale.
4. The potential collective sale prices are as follow: StudioUnit==S$1.00M~$1.04M, 2bedroomsUnit==S$1.41M~ $1.48M, 3BedroomsUnit==S$1.77M~ $1.92M, PenthouseUnit==S$3.79 ~$4.08M.

REMINDER:

1. The Pro-tem Sales Committee would like to remind all SPs that the EOGM for Collective Sale of Bedok Court is on 11th August 2007, to start at 10:00am, venue: Bedok View Secondary School, 4th Floor AV Auditorium. This EGOM could be cancelled by the Managing Agent, if there is less than 395 Share Values present at 10:00am on 11th August. Also, all outstanding contributions including interest must be settled at least 3 days before commencement of the EOGM to secure the eligibility to vote.
2. Kindly give your proxy form to the pro-tem sales committee members if you support the collective sale and is unable to attend the meeting on time. Every Share Value counts. Telephone: Allen Walters(96177724), Christine Teo(96711496), Freddie Khoo(90287277), Ghalid Awang(92289228), Heng Hock Heng(+65 90070072), K. Tanapalan(98716989), Laurence Pang(96628340), Walklin Russell(97922369)

SP Meeting No.2 Notice

Bedok Court Collective Sale
www.bedokcourtenbloc.blogspot.com
(Date: 2007.7.24)

You are cordially invited to attend the Bedok Court Subsidiary Proprietors Meeting no. 2

Date: 29th July 2007

Venue: Block 295 Function Room

Time:
(1) 2:00 to 3:30 pm (English)
(2) 3:30 to 5:00 pm (English)
(3) 5:00 to 6:30 pm (Mandarin)

Proposed Meeting Agenda:
•Update on Collective Sale matters (5 minutes)
•Marketing Presentation by a marketing agency (25 minutes)
•Collective Sale Agreement Presentation by a law firm (20 minutes)
•Q. & A. Session (30 minutes)
•EOGM Matters (10 minutes)

Kindly register your attendance at the Block 295 Function Room main entrance to collect a sample collective sale agreement and en-bloc marketing information



勿洛阁集体出售屋主会议
日期: 七月二十九日
地点: 大牌295
时间: 下午五点至六点半 (华语讲解 )

EOGM for Collective Sale: 11 Aug 2007

EOGM for Bedok Court Collective Sale

(Date: 2007/7/19)


Meeting date: 11 August 2007, SAT.

Time: 10:00 am

Venue: Bedok View Secondary School

4th Floor, Theatrette Room

6 Bedok South Ave 3

Singapore 469293

The above was confirmed on 18 July 2007 by the Management Council

Kindly be advised that a minimum of 30% Share Value must be present (in person or by proxy) by 10:00 am sharp, otherwise, the Managing Agent will call off the meeting as provided for in the bye-laws of the Strata Title Act. Do come early.

Please contact the listed Pro-Sales Committee members below if you need any assistance or want to submit a proxy form on your behalf. Every "YES" vote is essential towards the success of this Collective Sale. Please relay this message to your neighbours.

Block 295:
Mr. Allan Walters 9617 7724
Ms Christine Teo 9671 1496
Mr. Heng Hock Heng 9815 2815

Block 297:
Mr. Ghalid Awang 9228 9228
Mr. K. Tanapalan 9871 6989
Mr. Heng Hock Heng 9815 2815

Block 299:
Mr. Freddie Khoo 9028 7277
Mr. Laurence Pang 9662 8340

Thank you

Pro-tem Sales Committee

Why en-bloc now?

Why Bedok Court should en-bloc now ?
(Date: 2007.7.17)


(A) RESERVED PRICE

• The sale proceeds from the Reserved Price is acceptable, any extra will be a bonus

(B) TIMING

• The present property market is HOT now
• The Developers are also eyeing competing en-bloc projects (Neptune Court, Lagoon View, Laguna Park, The Summit) and might secure sufficient land bank soon
• Will we miss this 2nd En-bloc opportunity?
• Can I afford to wait for the 3rd En-bloc opportunity? When?

(C) Government Comment /Action

• The rent in Singapore must be lower than Hong Kong
• The vacant site beside Tanah Merah Kechil Ave
• The vacant site beside Bedok Court

(D) Major Works in Bedok Court

• In 2007~2010, the lifts upgrading program would cost $700,000.00 (estimate)
• In 2008~2009, the building painting would cost $880,000.00 (estimate)

Hence, the Management fund & Sinking fund contribution from the SPs cannot remains at present amount

(E) Major Works near Bedok Court

• In 2007, HDB block 46 Bedok South Ave.3 was demolished
• In 2009, HDB block 47, 48, 49 & 50 will be demolished, confirmed by HDB Bedok Office
• From 2010 to 2012, will there be any major construction on the vacant HDB land ?
• New condominiums coming soon & nearer to Tanah Merah MRT Station

WHAT ARE YOUR REASONS FOR EN-BLOC?

Give your comments, with name or initial, block & unit no.

12th July Meeting Report

Collective Sale Meeting Report
(date: 2007.7.13)

1. The informal collective sale discussion meeting started at 8:05pm.
2. More than 140 Subsidiary Proprietors (SPs) attended the meeting.
3. 96 Subsidiary Proprietors (SPs) signed on the petition forms asking the MCST to convence an Extra Ordinary General Meeting (EOGM) to seek consensus from all the Bedok Court SPs to proceed with the Collective Sale of Bedok Court Condominium and to elect Sales Committee members for the Collective Sale.
4. The petitions for EOGM were submitted to the Bedok Court Managing Agent (M.A.) on 13th July 2007.
5. The tentative date for EOGM is on Saturday, 4th August 2007, commencing 10:00am. (According to the Strata Title Board, a minimum of 30% share value must be present by 10:00am on the day of the EOGM failing which the M.A. can immediately call-off the meeting due to insufficient quorum.)
6. Thanks to the Solicitors from Asia Law Corporation (Mr. Kenneth Tan) & Dominion LLC (Mr. Troy Yeo) and Marketing Consultants (Mr. Daniel Ong & Lionel Ng) of Dennis Wee Realty for addressing the inquiries from the SPs on the collective sale matters on a voluntary & without obilgation basis.
7. The pro-tem sales committee would like to expressed their heartfelt thanks to all SPs for your kind attendance and support for the collective sale and also to apologise for the weak audio system and insufficient chairs despite having 100 chairs provided.

Thank you

We look forward to your continuous support and encouragement

Heng 295#09-01 On behalf of the pro-tem sales committee