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.

Sept Media

Average mass market home prices hit $1million - 23 Sep 2011
Developers to hold back on future land bids - 20 Sep 2011
Private housing market continues to surprise
Oversupply risks in OCR
Parkway View up for sale with $81m price tag - 22 Sep 2011
Private property demand not expected to ease up - 19 Sep 2011
Worry more about risk levels and less about supply16 Sep 2011
Housing demand will remain stable - 14 Sep 2011
Dynasty Garden freehold site up for sale - 6 Sep 2011
Daisy Apartments sold en bloc for $14.62m - 6 Sep 2011
Park West up for en bloc - 6 Sep 2011
Kovan residences sees prices hit $1267 psf - 5 Sep 2011
Hoi Hup set to buy Whitley Heights for $159m in collective sale - 2 Sep 2011
MND raises devt charges for new building projects   01 Sept 2011

4 comments:

  1. Housing glut 'won't cause dip in prices': Property expert
    http://www.straitstimes.com/BreakingNews/Singapore/Story/STIStory_712756.html
    Don't allow the RP to be lowered!

    ReplyDelete
  2. Quote from TODAY:
    "Currently, high prices and supply are not a worry for investors so long as they can be convinced that they can sell onwards for even higher prices. This is why every seller — whether investor or developer — has to have a good storyline to sell. They need to differentiate their product — be it the iconic design, closeness to an MRT station or a prime location within an area which holds lots of promise."

    - TC is a GREAT LOCATION!!! Don't undersell. The developers has stories that they can tell to sell their ICONIC structures!!!

    http://imcmsimages.mediacorp.sg/CMSFileserver/documents/006/PDF/20110916/1609PPP064.pdf

    ReplyDelete
  3. Demand for private property is still strong... Read for yourself...
    "Private property demand not expected to ease up"
    http://imcmsimages.mediacorp.sg/CMSFileserver/documents/006/PDF/20110919/1909BZC026.pdf

    ReplyDelete
  4. Property Prices Still GOOD!
    REDAS' fears are unfounded (Quote):
    "Only recently, the Real Estate Developers Association of Singapore (REDAS) called on the Government to review the market cooling measures in view of the dark clouds looming over the economic horizon and to make greater use of the Reserve List system in managing its land sales. But if new housing sales continue at this pace — despite a real threat of a recession that may hit Singapore as early as the first half of next year — REDAS’ fears may be unfounded."
    - Read the rest in:
    http://imcmsimages.mediacorp.sg/CMSFileserver/documents/006/PDF/20110923/2309PPP064.pdf
    You could argue that

    ReplyDelete