Sole Marketing Agent: (1) SERVICES:
As the Sole Marketing Agent, to provide advice and assistance to the following:
1.1 PRELIMINARY STAGE
- Answer queries on collective sale matters
- Provide indicative land price and regular updates / reviews
- Provide advisory service on best terms and conditions of sale, and the sale apportionment method
- Assist in the appointment of a competent solicitor and advice on legal fee quantum
- Assist in the drafting of the Collective Sales Agreement
- Conduct survey to determine Bedok Court Subsidiary Proprietors’(SPs) response to collective sale
- Confirm the feasibility of the Collective Sale of Bedok Court Condominium
1.2 CONFIRMATION STAGE
- Assist the lawyers to conduct presentation to explain the terms and conditions of Collective Sales Agreement to all Bedok Court Subsidiary Proprietors.
- Review indicative land price and recommend the Reserved Price, the sale apportionment method
- Secure the SPs consent to the collective sale and arrange the signing of the collective sales agreement
- Seek to understand the minority SPs concern and suggest ways to address them
- Encourage the minority SPs to participate in the collective sale
- Not to caused discomfort to SP whom is adamant not to join in the collective sale
- Secure the 80% consent in the shortest possible time
1.3 MARKETING STAGE
- Aggressively market the property in Singapore and internationally, to maximize the sale price
- Prepare property particulars to be sent to potential buyers
- Assist the lawyers in the legal documentation
- Co-ordinate the media advertising campaign
- Personally contact selected developers and investors, both domestic and regionally.
1.4 AWARD OF SALE
- Analyse the offers and explain the terms and conditions of the sale
- Advise on the best offer
- Assist in both the relocation and re-investment plan, if necessary
1.5 APPLICATION TO STRATA TITLE BOARD (STB)
- Assist the lawyer in the application to the STB
- Provide professional opinion, if required, to the STB
