Disclaimer






"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.

Aug media


Developers pack more units in some property sites - 23 Aug 2011
More HDB upgraders turning t private properties - Aug 18 2011
Private home sales up 17% in July - Aug 15 2011
The bayshore area sees renewed interest - Aug 8 2011
Grand Tower sold en bloc for $88.5m - Aug 4 2011

3 comments:

  1. When you read this, you'll get an impression that the developers still wants land in their bank:
    15 bids for tender at Upper Serangoon Road -
    http://www.channelnewsasia.com/stories/singaporebusinessnews/view/1146462/1/.html

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  2. And so we see the prices of property ain't coming down, even in this uncertain economy!
    Private home sales up 17% in July
    By Linette Lim | Posted: 15 August 2011 1503 hrs
    http://www.channelnewsasia.com/stories/singaporebusinessnews/view/1147107/1/.html
    Quotes:
    "Although sales are expected to slow, analysts said home buyers waiting for prices to come down will be disappointed.

    They expect foreign investors to swoop in, given the extremely low interest rates and the volatility in the global stock markets.

    Colin Tan, head of research and consultancy at Chesterton Suntec International, said: "Even if prices were to come down, it may not come down - the downside is limited - because out of this chaos, Singapore has emerged as one of the few economies that still has a triple A rating. And our exchange rate is still very strong and the dollar is still appreciating, so in that sense, we are becoming more and more attractive to foreign investors."

    ReplyDelete
  3. About the Serangoon land sale, quote from Channel News Asia:
    "with 15 bidders for the Upper Serangoon Road site, analysts said there is no lack of hunger from developers for well-located projects, particularly near transport hubs."

    NOTE "Particularly new TRANSPORT HUBS" - Tampines Court will have access to 3 MRT Stations!!!!

    ReplyDelete