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Im considering to buy a condo for investment in Clementi, and is deciding between The Parc (FH) or Trilinq (99y LH from 2012). Looking long term say 20 to 30 years, or even longer, are LH property value sure to drop? Is it true that condo which has maxed out the gfa has low or no potential of enbloc? Say the Trilinq at Clementi.
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7 Answers

There is no sure to drop or gain. Always down to supply and demand. Given the positive location for Trilinq, they may appeal in the long term to developers who maybe looking for enbloc. The key thing here is masterplan may change in future to affect the redevelopment potential, given that Trilinq is relatively new, it is premature to start looking 20-30 years down the road. If you are planning on making capital gains, a shorter term of 7-10 years maybe more feasible to look at.

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Hi, there are no development that will surely gain or lose profit for investment purposes. The location as well as the future master plan changes are what will affect the chances of enbloc.

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Landon Chew
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Hi,

I would be most glad to assist you further and pls feel free to let me know if you need any assistance. Have a good day ahead. By the way, if you investment horizon is around 20 to 30 years, then you may want to look at freehold property then.

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Aaron Chong
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Hi Sir/Mdm,

For The Parc (TOP 2010) and Trilinq (TOP 2017), they are relatively young condos and enbloc can only happen many many years later. The potential for collective sale may be affected by many factors such as the market cycle and revision in plot ratio in the future.

Between the 2, The Parc may be a better option looking at the historical price performance. However, if you are looking for price appreciation in the next 5 to 7 years, there will be other better options available in the market.

Please feel free to contact me so that I can understand your objectives and provide you with more advice on how to choose the ideal investment property.

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Hi, appreciate your sharing. I propose you go with your feel of the surrounding and layout of the unit since you are going for long term stay. En bloc issue no one can predict.
Looking forward to assist you at 9696 4398  or email me at stewartlim96964398@gmail.com

Cheers
Stewart-PropNex (Senior Associate Division Director) Read More
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Leasehold vs. Freehold:

The Parc (Freehold): Offers greater security and potentially higher capital appreciation in the long term due to no lease decay (property reverting to land owner upon lease expiry).
Trilinq (Leasehold): Value might be affected as the lease approaches its end (after year 2081). However, leasehold properties can still be attractive investments, especially in prime locations.
Enbloc Potential:

Limited Impact of GFA (Gross Floor Area): Condos that have reached their maximum GFA (building limitations) can still be attractive for en bloc redevelopment, though it might be less likely compared to developments with under-utilized space. Other factors like land value and developer interest also play a role.
Trilinq's Enbloc Potential: Difficult to predict definitively, but factors like location, remaining lease, and market conditions will influence its en bloc appeal in the future.
Here are some additional considerations:

Property Age: Trilinq (built in 2012) might require maintenance or refurbishment costs sooner compared to The Parc.
Entry Price: Trilinq (leasehold) might be a more affordable entry point compared to The Parc (freehold).
Recommendation:

Conduct further research on each condo's specific features, amenities, and historical pricing trends.
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Hi,

1) Honestly, both condo already maxed out their growth potential.
2) Both projects are currently in the stagnation stage. The Trilinq is moving towards the dipping end rather than the rising end.
3) Trilinq has a better high at $7.3/psf and low at $2.4/psf, average at $5.1/psf.
4) The Parc Condo is high at $6.5/psf and low at $2.7/psf, average at $4/psf.
5) A 99-year leasehold property is always not doing as well as the 1st 20 years compared to a freehold property in terms of capital gain but this does not affect the rental.
6) If you are looking for an en-bloc project. I would suggest you look for some older projects such as more than 39 years from TOP.
7) Most of the Enbloc projects fall in that range.
8) I have to remind you that the en-bloc process is tedious and takes a long time (at least 3 years or more) to happen. Because most of the residents would resist change.

Please give me a thumbs-up if the answer provided is relevant to your main concern. Thanks!!!

Hope the above answers your main concerns, but if there are more queries, please feel free to contact me at 90110636 , or email: ling.ck7@gmail.com if more information is needed.
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