"I am a BLOGGER NOT an expert. This is a BLOG not a 'go-to' website for official information. I represent no one's view save my own. I have neither legal nor financial training, nor do I have anything to do with the real estate industry. My understanding of the Collective Sale Process is from a layman's position only. My calculations, computations and tables are homespun and may contain errors. Please note that nothing in this blog constitutes any legal or financial advice to anyone reading it. You should refer to your lawyer, CSC or financial adviser for expert advice before making any decision. This disclaimer is applicable to every post and comment on the blog. Read at your own risk."
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There is one thing worse than an Enbloc ----- and that is an Enbloc done badly. Since the majority have the necessary mandate to sell, then they owe it to all SPs to make a success of it. Minority SPs can only watch and wait, if they sell then lets pray it's at a price we can move on with, if they don't sell, then we are happy to stay for a few more years.

CENTENNIA SUITES // Kim Seng plaza

Word on the street is that private previews of the 97-unit Centennia Suites on Kim Seng Road are likely to begin on the first weekend of February. Units at the high-end condo are said to range from two-bedroom apartments of 1,238 sq ft to four-bedroom units of 2,303 sq ft, while penthouses are from 3,315 to 4,004 sq ft. Prices at Centennia Suites are expected to be in the “early S$2,000 psf range”, according to property consultants.
Centennia Suites, which is a redevelopment of the former Kim Seng Plaza, is located next to The Trillium, a 231-unit project comprising three 29-storey towers and scheduled for completion later this year. The project was sold out when launched in early 2007 at an average price of S$1,700 psf. 

Centennia Suites and The Trillium are both developed by Lippo Group. In anticipation of the launch of Centennia Suites, some owners of The Trillium are already engaging in “forward pricing” and putting their units for sub-sale with indicative prices in the range of S$1,800 to S$2,200 psf, according to agents.

Source : The Edge – 3 Feb 2010

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