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Nanshan Buying Project on Singapore's Haig Road

Nanshan Group is buying 173-183 Haig Road in Singapore's Katong area via collective sale for S$49.3 mil above the tender reserve price. ....

East Coast Park , Singapore General , Paya Lebar , Tanjong Pagar , Lorong Marzuki , Ismail Gafoor , Jalan Tembusu , Vicenta Lodge , Redevelopment Authority , Logan Group , Propnex Realty , Katong Shopping Centre , Hongkong Land , Nanshan Group , John Bin , High Point , Strata Titles Board , Bin Colliers , Haig Road , Seraya Lane , Thomson Impressions , Stirling Residences , Tanjong Katong Road , Camber Park , Urban Redevelopment Authority , Raffles Place ,

Haig Road flats sold en bloc on 3rd attempt at $49.3m, above owner's asking

The asking price for the freehold site comprising a four-storey block of 24 apartments was $48 million.
. Read more at straitstimes.com. ....

Singapore General , Tanjong Katong , Paya Lebar , Chung Cheng High School , Tanjong Katong Girl School , Katong Shopping Centre , Canadian International School , Tanjong Katong Primary School , Nanshan Group , Haig Girl School , Haig Road , Thomson Impressions , Paya Lebar Commercial Hub , Canadian International , Mountbatten Road , Tanjong Katong Road , Kallang Paya Lebar Expressway , East Coast , Colliers Singapore , Strata Titles Board ,

Do not agree to an en-bloc sale until you read these 5 factors

Despite the blow of cooling measures in December , it doesn’t change the fact that developers are facing depleted land banks today. So we can still expect more interest in collective sales, just don’t be expecting many mega-developments like the last cycle. The last of the condos from the en-bloc fever of 2017 has been redeveloped and sold, and many. ....

Singapore Citizens , Sellers Stamp Duty , Strata Titles Board , Collective Sale Agreement ,

Looking to en-bloc? Key financing issues to consider if it's your first time

April 25, 2021
Stackedhomes
En-bloc sales aren’t always a pot of gold. For investors or homeowners who are well-prepared, it can be a smooth process; but homeowners, especially those who never intended to move, can find it an inconvenient headache.
One of the main timing issues involves the sale proceeds: it could be a while before you receive the money from the en-bloc, and in that time, you still need a new home.
We spoke to Mortgage Master , who are home loans specialists, about the key financing issues to address:
What’s the main financing issue when an en-bloc sale happens? ....

David Baey , Mortgage Master , Option To Purchase , Strata Titles Board , Extraordinary General Meetings , Sellers Stamp Duty , அடமானம் குரு , விருப்பம் க்கு கொள்முதல் , அடுக்கு தலைப்புகள் பலகை , அசாதாரண ஜநரல் கூட்டங்கள் , விற்பனையாளர்கள் முத்திரை கடமை ,

Is it worth buying a property before it goes en-bloc? Here's what past data suggests

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Special shoutout to the Sun Rosier deal as the owner made 101per cent even after factoring the SSD in 6 months.
As you can see, it’s possible to profit off an en-bloc sale, even taking into account the SSD. This was why, in 2017 or prior, it wasn’t uncommon for investors to show interest even in very old properties (or sometimes, interest because the property was old).
However, we should note that 2017 was an exceptional year, and there have been many changes since
In 2017, local and foreign developers were both competing to build their land banks. This resulted in an en-bloc fever, with unusually high land prices. For example, Sun Rosier, in the above transactions, was bought at a total cost of $271 million. ....

Singapore General , Sembawang Hills Estate , Pearl Bank Apartment , Development Charges Dcs , Tampines Court , Seller Stamp Duty , Sellers Stamp Duty , Sun Rosier , Development Charges , Additional Buyers Stamp Duty , Floor Area , Strata Titles Board , சிங்கப்பூர் ஜநரல் , வளர்ச்சி கட்டணங்கள் டக்ஸ் , விற்பனையாளர் முத்திரை கடமை , விற்பனையாளர்கள் முத்திரை கடமை , சூரியன் ரோசியர் , வளர்ச்சி கட்டணங்கள் , தரை பரப்பளவு , அடுக்கு தலைப்புகள் பலகை ,