Hi John,
It is possible for Mimosa Park to go enbloc, given it's large land size with low density.
However, you mentioned that you like the Estate, so I would assume you will be purchasing for your own stay?
If so, I would also assume that you would probably spend some money for renovation as most of the units would probably require extensive renovation?
If that's the case, I am abit concerned for you should Mimosa Park really goes enbloc in the near term. This is considering the price premium you pay for a unit there today, the cost of renovation for your own stay, and the hefty seller stamp duty you will incur should it goes enbloc within 3 years of your purchase.
Not sure if that's your plan, but I may be able to come out with a better recommendation for you if I can fully understand your family profile, family needs, and expectations going forward.
I am experienced and well-versed in both HDB and private transactions. I will be able to assist you in your property plans. Please get in touch with me for a more in-depth discussion.
Should you need require 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
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