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."
Drop Down MenusCSS Drop Down MenuPure CSS Dropdown Menu
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.

We are no 1 when it comes to SPACE

SPACE is the new luxury... not lap pools and skyparks.

It's good that the media has shone a torch in our direction because not everyone knows about HUDCs and their value-for-money size. 



10 comments:

  1. And yes, wait till you read this!
    TC's en-bloc RP is nothing compared to what's coming up!!!!
    http://sg.news.yahoo.com/more-million-dollar-flat-prices-expected-045139298--sector.html

    ReplyDelete
  2. Do yo know that Shunfu HUDC is just a short walk from Marymount MRT?Same for those 1m HDB flats in Bishan and Mei Ling St. Let see if TC can fetch 1.2m in the open market after the failed 2nd enbloc attempt.

    ReplyDelete
  3. Then explain this Record en-bloc sale at Toh Tuck, far away land, no MRT:
    http://sg.news.yahoo.com/green-lodge-sold-en-bloc-191-888m-040004094--sector.html

    ReplyDelete
  4. Green Lodge is a FREEHOLD property at Bukit Timah near to the Beauty World MRT station to be completed in 2015! That is why TC residents do not understand that ours is a leasehold. With developer now need to pay more development charges, you want to compare us with Green Lodge?

    ReplyDelete
  5. http://www.straitstimes.com/breaking-news/singapore/story/220-apartments-snapped-bedok-south-project-preview-20120921

    At today's housing, "a 1,152 sq ft three-bedder for $1.37 million, or $1,188 psf"

    What can you get from en-bloc proceeds after 2 years? Not forgetting, legal fees, returning CPF interests and minimum sum, etc.

    ReplyDelete
  6. PM Lee says about 6 million people is the estimate for Singapore population..
    So more housing needed, limited land and homes... prices will go up.

    ReplyDelete
  7. Before PM Lee say we can have 6 million people, the HDB resale price already went up by 2% to a record high! Now that it is made known that we will have 6 million plus people from 5+, we will need housing for a million people in land scarce Singapore. It must mean that prices of homes will go UP. It means that if you en-bloc with this love RP, 2 years later, not only you'll have to downgrade, you'll be in debt again.
    Read:
    http://www.channelnewsasia.com/stories/singaporelocalnews/view/1228920/1/.html

    ReplyDelete
  8. Singapore home prices may shoot up further
    http://sg.news.yahoo.com/singapore-home-prices-may-shoot-further-052950218--sector.html
    Moving forward, Savills is "cautiously optimistic that property prices may be poised to trend higher, possibly rising up to 10 percent in the coming months", buoyed by low interest rates and increased capital flows following QE3.

    ReplyDelete
  9. With the en bloc sale destined to fail & with the new govt capping on home loan, expect TC price to correct. Patiently looking to buy a 1700 sf @ $850k

    ReplyDelete
  10. If demand for new homes continues... then prices will continue to go up.
    http://www.channelnewsasia.com/stories/singaporebusinessnews/view/1231384/1/.html

    ReplyDelete