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Singapore Property Kaki

A place for sharing property, investments and financial management ideas among kakis

New Launch Review: Parc Botannia @ Fernvale

With the launch of Parc Botannia, one of the last major launch of the year, happening soon, let’s spend some time to review on this project before bringing your cheque book down to the showflat. Project Details on Parc Botannia How good is the location? If you do a quick search on ‘Parc Botannia’ using Google, you will be able to find many property agents’ website that can provide you […]

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More estates get in on collective sale action. Who may get lucky this time?

http://www.straitstimes.com/business/property/more-estates-get-in-on-collective-sale-action Another day, another enbloc news. Another 3 residential estates are going for collective sale. Let us take a look at 2 of these projects – How Sun Park and Pearl Bank Apartments, to evaluate their chances of success for their enbloc attempts. How Sun Park Quick Facts Tenure: Freehold Location: How Sun Road, near Bartley MRT (12 min walk) Number of owners: 20 Land Area: 54,942.7 sq ft Zoning: […]

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Kopi Talk – Leasehold favoured over freehold properties in current en bloc fever

http://www.businesstimes.com.sg/real-estate/leasehold-favoured-over-freehold-properties-in-current-en-bloc-fever   SPK briefly talked about this observation in an earlier blog post – Deep diving into the Singapore enbloc scene (Part 1) and coincidentally, The Business Times did a full coverage on this topic this morning. Below is a summary of the expert views quoted in the Business Times article: Industry players see insufficient supply from government land sales (GLS) and strong purchasing demand for mass-market private homes among the biggest […]

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Kopi Talk – 9,300 new homes from enbloc sites? Let’s not get worried too soon

9,300 new homes to result from slew of en bloc sales, warn URA – The Business Times http://www.businesstimes.com.sg/real-estate/9300-new-homes-to-result-from-slew-of-en-bloc-sales-warns-ura Kopi Talk: Yes, the headline number of 9,300 new home supply looks bad and this figure could even be higher than what URA estimated. A reverse engineering of URA’s estimate seem to imply the following key assumptions in URA’s estimate: URA has not assumed that the developers will go for the bonus […]

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Kopi Talk – Crystal Tower enbloc – 3rd time lucky for the owners?

Crystal Tower up for en bloc sale at S$138m – The Business Times http://www.businesstimes.com.sg/real-estate/crystal-tower-up-for-en-bloc-sale-at-s138m Kopi Talk: Crystal Tower had 2 previous collective sale attempts back in 2011 and 2012, when asking prices were S$155 mil (S$1,600 psf ppr) and S$150 mil (S$1,458 psf ppr). This 3rd time round, the asking price of S$138 mil (S$1,406 psf ppr) looks more palatable to developers. The current asking price would translate to an […]

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Kopi Talk – URA’s request for en bloc tender details intrigues market

URA’s request for en bloc tender details intrigues market – The Business Times http://www.businesstimes.com.sg/real-estate/uras-request-for-en-bloc-tender-details-intrigues-market Kopi Talk Well, it is anyone’s guess on what is URA’s real intention to request for more details. URA’s fundamental objective is to ensure a stable and sustainable property market, planning for long-term sustainability and facilitating development and business needs. All these requires carefully planning and manoeuvring around the policies to ensure fairness to all stakeholders […]

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