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Dear sir/mdm,.

It will be relatively difficult to assess the timing on when the enbloc will happen as there are varying factors that will affect the outcome.

1) Market sentiments - Rising interest rates is 1 immediate key factor where buyers are worrying therefore the results of the upcoming launch at Ang Mo Kio and Lentor will very likely have some impact on the potential of the real estate market moving forward.

2) Authorities - With rising interest rates, the authorities will also be monitoring very closely on the situation to keep the situation of over leveraging in check therefore there could be more measures coming in place that will impact the market behavior.

3) Different expectations among the owners of Orchid Park Condo will be the most critical aspect of determining the enbloc potential.

All in all, I am advising against timing the market for your purchase. If you are gunning for the enbloc to happen, then it is difficult to tell when it will happen, therefore if you do not intend to hold this property for long before you exit the investment, it is advisable to relook into your investment options to find an alternative.

I have been in the real estate business since 2009, with more than 13 years of experience serving the Singapore real estate market.

I am very active in the residential segment of Singapore real estate market, having transacted hundreds of deals from HDBs to private condominiums and landed properties in Singapore, and have handled many unique cases in sales and purchases as well as rental deals.

Over the years, I have also established a network reaching out to more than 9,400 expatriates, bringing my market presence to both in and outside of Singapore. This has created an additional exposure when I manage my client's portfolios, on top of the conventional on and offline platforms, where other estate agents are relying on. This has allowed me to consistently convert leads into results.

With an evolving market, where change is the only constant, I have also been investing in upgrading of my knowledge and skills sets to improve myself and meet the demands of current and future market.

We are offering our clients a complimentary first consultation without obligations (Absolutely FREE!). Schedule for your FREE session today!

Warmest regards,
Geryl Lim
Associate Group Director
Salesperson Registration No. R014783H
Email: geryl.lim@orangetee.com / geryl7772@gmail.com
OrangeTee & Tie Pte Ltd 430 Lorong 6 Toa Payoh #01-01 OrangeTee Building Singapore 319402
Estate Agent Licence No. L3009250K
[main] +65 6471 8888  [mob] +65 81577565  [LDA] +65 92787772 
www.geryllim.com

My self introductory video on https://www.youtube.com/watch?v=S_2NydENfx0

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Hi

Pre-empting an enbloc is difficult unless you are in the committee, spearheading the project.

Broadly, it takes approximately 18 - 24 months to finalize the completion, effective from the signing of CSA.

You may text 9620 0827  for a casual chat.

Warmest regards

Gavin Read More