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Friday, January 29, 2010

ST Forum : Loopholes in law

Jan 25, 2010

Loopholes in law

'It is mystifying why there is no follow-up action on legislation governing an issue closest to people's hearts - their homes.'

MR AUGUSTINE CHEAH: 'The report, 'En bloc sales will likely roar in Tiger year' (Jan 17), set me thinking again about the collective property sales legislation which came into effect in 2007. At that time, the Government indicated that it would monitor the situation and review the law if necessary. However, even after several letters to the Ministry of Law and the press by many, including me, with real-life examples showing that the law still contains loopholes and deficiencies, there has been no reply or clarification from the authorities. It is mystifying why there is no follow-up action on legislation governing an issue closest to people's hearts - their homes. The last collective property sale cycle revealed the sham, dodgy dealings and daylight theft which are endemic in this Singaporean phenomenon. Will we allow another cycle to bring a repeat of this spectre?'

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