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Hi Gurus!

I just bought a private property and today I've just found out that there might be a chance that the property will be going enbloc from collective sales committee meeting.
My question is since I'm a foreigner and just bought this property, if the enbloc went through will i lose money since i just bought the property, paid the additional stamp duty, and also I just did some renovation?

Thanks
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2 Answers

Robbie Chen Chee Howe
Replied
Hi Michael,

Depending on what is the enbloc payout amount, you may or may not lose money if the enbloc goes through.

Should you need any further assistance in matters relating to property, please contact me at my mobile 9748 6305  . I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More
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Mark Ng S W
Replied
Hi Michael, en bloc is a complicated process. Unless the majority of owners agree to it and are compensated satisfactory you should not need to worry.

Mark, your RIGHT choice
SRH
 +65 97970200 
ngsiewwhye@gmail.com Read More
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