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Dear Sir

Good day to you!
I’m Daniel Tan from PropNex Realty.

The enbloc potential for every development will greatly depends on the location, tenure of the land and also the condition of the market.

Based on my experience, one factor that wil lincrease the chance of enbloc will be the ability to increase the usage of the land; meaning to build more units on the same piece of land.

However, all enbloc need to go through the owners and residents of the estate, they have the final say on whether an enbloc might happen or not.

Any other queries?
Please always feel free to contact me for a non-obligated discussion on how I can assist you with your real estate needs.

Do contact me via phone or email, as I will not be notified by PropertyGuru if you reply to this.

Have a wonderful day ahead.

Best Regards

Daniel Tan
PropNex Realty Pte Ltd

(+65) 9477 5100 
daniel.tck@propnex.com
www.danieltanpropnexrealty.com
FB: @danieltanpropnexrealty Read More

Good evening James,

You will need to do feasibility study to see whether does Belmond Green has potential for en bloc.

1) Prospective buyers wont have to pay lease top up premium cause its a freehold project.

2) Project TOP in 2004 so i feel its still fairly not old.

3) You have to find out whether its the GFA has been maxed out currently. Cause if not, development charge will need to fork out by developer/ buyers for increase in intensity.

4) Have to see whether current market GLS/ Enbloc price translate to an attractive price to existing owners if not, the project might not en bloc so easily.

Care to share whats your intention? You are keen to buy or sell?

"Your Freehold Ally, Leasehold Tactician"

YT TAN 陈永达 | ACCA Graduate, RES
R043025D
Propnex Realty Pte Ltd

(M): +65 9111 5171 
(E): yt.tan91115171@gmail.com
(W):www.yttan.com
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Dear James,

The potential of a collective sale for Belmond Green this cycle is pretty low as it is a relatively young development of less than 15 years. From experience, most owners will not want to go for collective sale so soon and developers may prefer older options in the vicinity as their price tag is much lower.

Please feel free to contact me so that I can understand your objectives better and provide you with further assistance!

Regards,
Nick Tan
(M) +65 9644 4854 
B.Eng(Chemical)(Hons)(NUS)
Cert-in-REA
(E) nick96444854@gmail.com
Visit my website to know me better: www.nicktan.com.sg

I was featured recently on Council for Estate Agencies (CEA) Newsletter:
https://www.cea.gov.sg/docs/default-source/module/newsletter/3-2017/bouquets-for-property-agents.html

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We are very happy and satisfied with his services and will definitely recommend him to our friends and family in the future.”
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Hi sir / mdm

Kindly whatsapp to 8 2 7 9 - 8 3 2 7 to disccuess further
For your properties matter.

Thank you
Koh zhen hon
R 057810C / L 3009250K
ORANGETEE AND TIE PTE LTD Read More