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"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.

URA finally acts

Q: What do you get when you relax planning regulations, unleash en bloc madness on the general population and then turn a blind eye to the unsightly chaos that ensues?  
A: Singpore's building frenzy 2007 - present day.  Smaller and smaller apartments, more congested roads, higher stress levels, loss of greenery, shrinking of facilities, rise in temperatures, truly awful architecture and cookie-cutter designs, overpriced units, overall lower standard of living.

The URA's encouragement of mass en bloc of any plot of land has resulted in the chaotic mess that is today.  It has taken them a long time, but today, someone in that department  finally woke up and realised that things were getting ugly. 

THEY HAVE JUST ISSUED A NEW CIRCULAR HERE ON MEASURES TO IMPROVE THE LIVING ENVIRONMENT OF NON-LANDED RESIDENTIAL PROPERTIES (AFTER THEY  MESSED IT UP BIG TIME)

'A minimum plot size requirement of 1,000sqm is introduced for all new flat developments island-wide to safeguard a better quality residential development. This will align flat developments with other residential developments like landed housing and condominiums which also have minimum plot size controls.'

One small step in the right direction. One giant leap of common sense.

This does not have any effect on TC, of course, because we are so huge; but it will prevent other small developments from going en bloc. They would need to increase the plot size by amalgamating with a neighbouring plot, and that makes the whole process so much more daunting.

And over in Bedok madness still reigns: 
Bedok Residences sell like hotcakes

"CapitaLand said most buyers rushed in to make their selection without even viewing the showrooms.
A unit costs between S$1,100 to S$1,500 per square foot."

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