Tuesday, September 05, 2006

[RealEdge] ST Forum : I did not ask for compensation, says Kwee

 


Sep 5, 2006

I did not ask for compensation, says Kwee

I REFER to the article, 'Collective sale: $8.8m for tycoon but he wanted $20k more' (ST, Aug 30), and to the correction and apology for the error in the article published on Sept 1.

The headline and the first three paragraphs of the article reported that I had gone to the Strata Titles Board to seek a two-month extension of the en-bloc sale of Beverly Mai or a $20,000 compensation on top of the payment for my apartment.

The truth is that neither I nor my representative requested any such compensation. My intention was to honour my contractual obligations to my tenant whose lease would expire two months after the proposed handover date to the developer.

During the mediation, my representative requested an extension of the handover date from August to September when the agreement with my tenant would end. At no time did my representative ask for compensation.

Towards the end of the mediation, my representative tried one last time to request a change in the date of vacant possession as this would also give my tenant sufficient time to move out; however, the request was rejected.

A token sum was kindly offered in the spirit of mediation. When I learnt of it later, I decided to donate it to charity.

I thank you for the opportunity to clarify the facts.

Kwee Liong Keng


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