| Collective Sales
The Process
A collective sale takes place when a group of owners band together to sell their property simultaneously - this could be an apartment development or a landed property estate or even a commercial strata unit in an office building or shopping centre.
Since the collective sales legislation was gazetted in 3 September 1999, collective sales once again dominated the residential property market. Under the new legislation, depending on the age of the development, only 80 or 90 per cent of the share owners need to agree for the collective sale to proceed.
Our investment sales team is best placed to help you make the most of your collective sales. With our in-depth knowledge of the market, we ensure that the property owners achieve the highest possible sale price. |