4 Answers

Hi Mabel,

Just my 2 cents, the land size is relatively small and plot ratio 1.4, with height restrictions and setback requirements towards neighbouring building, it may be tough for any developer to redevelop into something sizable with more units. So the enbloc chances may not be very high. This could change if there is any revision in the master plan for the land use or plot ratio here, but as of now no revisions.

There is also some supply coming up in district 15 with 3 new launches slated for preview this year, so developers looking for enbloc projects will be mindful of that as well. Since this purchase is for investment purposes, perhaps you like to consider the upcoming new launches as well?

Hope the above clarifies. May I have more info and requirements about your plans so as to make better recommendations? Thanks and look forward to value-add to your housing plans.

Warm Regards,

Ivan Ng Realtor
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0
I do not see any massive potential for this development currently. this is my personal opinion. Read More
1
Hi Mabel,
Enblocs can only happen if 80% of the owners are willing to sell their units by coming together. So, a lot depends on the motivation of the owners. However, there are certain points to note as well. This is size of the plot of land and the plot ratio. If the plot is small like in this case, the chances are, only small developers would be keen... Next, if the plot ratio is low, like in this case (1.4), the incentive for the developer to buy and build is also low.

Having said that, I believe it might be better if you invest your hard-earned monies in decent sized condos that are in good locations. I know of some that gets you good rental returns too.

Please contact me soonest.
Cheers!

Elan Govan
MABA (Lancaster)
 90170747 
jayelan@gmail.com
www.goodpropertiesguide.com Read More
0
Hi, hopefully you managed to get your doubt or query answered. If so, then congrats! Hopefully you are doing well now.

If you are currently or planning to find a property agent, I can assist.

If you are interested in prices of houses in your neighbourhood, you may visit this website to find out more or contact me.

https://www.era.com.sg/R064892F

If you are currently planning to go on a property journey selling/buying/renting/investing, I can be of assistance. Do feel free to reach out to me for more queries and assistance.

Landon Chew
97 39 60 40
landonchew@email.com Read More
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