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26-08-2017, 11:35 AM | #11 |
Arofanatic
Join Date: Jun 2003
Posts: 113
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The only good thing I see is he gets to change to a complete new house without spending a cent.........
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26-08-2017, 12:58 PM | #12 |
Senior Dragon
Join Date: Mar 2002
Posts: 3,495
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Those 20-30 years old condo very solid. New ones now not the same quality.
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26-08-2017, 01:15 PM | #13 | |
Prof SK Ong
Join Date: Jan 2009
Posts: 10,641
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Quote:
Simple minded or never been thru collective sale dun see thIs issue.
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26-08-2017, 01:18 PM | #14 |
Prof SK Ong
Join Date: Jan 2009
Posts: 10,641
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Need to spend on movers, renovations, change in routine, newer developments more claustrophobic as common land area usually fully utilised.
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26-08-2017, 02:34 PM | #15 |
Dragon
Join Date: Jul 2006
Posts: 1,561
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This sort of Enbloc is a windfall. Simple calculation, take 2mil, use 1mil for new housing, keep 1mil for other purposes like retirement or venture. A life time chance not everyone has.
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26-08-2017, 02:48 PM | #16 |
Endangered Dragon
Join Date: Nov 2002
Posts: 14,405
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Eunosville...That place shiok....House 3+1. Size 1700sqft. Master bedroom can build a walk in wardrobe. Eunos MRT across rd. Direct access to PIE from Eunos n ECP from Still Rd. 24hrs coffeeshop walking distance left, right. 3 wet market walking distance. Geylang stone throw away. Shopping centres nearby-Parkway Parade, Katong, 1KM, SingPost n 2 more shopping centres coming up. Not to mention last time luohan craze..fish shop lined up along Changi rd nearby.
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26-08-2017, 04:07 PM | #17 | |
Prof SK Ong
Join Date: Jan 2009
Posts: 10,641
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Quote:
Collective sale 2 millIon. Yes, 1.xx million profit. But only if you buy a 400-800k replacement unit.
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26-08-2017, 04:28 PM | #18 |
Senior Dragon
Join Date: Mar 2002
Posts: 3,495
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If my place enbloc I will be sad.
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28-08-2017, 08:29 AM | #19 |
AFC Member
Join Date: Apr 2004
Posts: 769
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28-08-2017, 08:59 AM | #20 |
Prof SK Ong
Join Date: Jan 2009
Posts: 10,641
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Happiness is priceless.
En bloc windfall? Only those who dun think, think so.
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