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Wednesday, November 19, 2008

Membership Buy-Back Scheme - Update

Ms. Ng has been corresponding with the GM on this issue. (See last week's posting on this)

Below is the latest chaser.

==
Dear Herbert,

Below is your reply in blue.

"We have explored your recommendations thoroughly and the
management has concurred that, since there are agents who have
interested buyers, excited by the new developments in the Legends
Fort Canning Park, and willing to purchase the memberships in the
open market currently, we need not implement a buy-back scheme and it
will be more beneficial for you to sell it through this existing
channel. Please feel free to let us know if you wish to sell your
membership and we can make the necessary introduction. "

I'm afraid that your reply simply informed members to sell it at open market. Will the management help the members to sell at reasonable price and waive the transfer fee?

Otherwise, please give the members Buy Back Scheme as an option.

Regards

==

Will the Management and Owner offer a Buy Back Scheme?
Will they instead waive transfer fees?
Will they have another higher membership level?

Enquiring minds what to know.

Stay tuned...

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