3 reviews for this Condo
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2.3
K (84 reviews )
Reviewed on October 10, 2023 0 helpful votes
Old condo
This is an older condo and it comes with pros and cons. Pros are big apartment, have tennis and squash court, MRT station just behind the condo. Cons are facilities need more maintenence, leaky pipes, insufficient shelter from rainWas this review helpful? Report review -
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2.8
Mr. Jeffrey (1 reviews )
Reviewed on December 21, 2015 0 helpful votes
Any Enblock Potential
In today market condition, the developers need to sell their units within 5 years of the TOP, otherwise there will be additional duties involved for any unsold units. Any huge redevelopment project with area size like the Faber Garden would mean taking more time complete the selling. Developers would need to factor in their cost.Was this review helpful? Report review -
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1
Mr. Olander (1 reviews )
Reviewed on August 10, 2012 2 helpful votes
Faber Garden
Prospects looking to buy Faber Garden - Beware! The Pty failed in a recent enblock attempt. The owners of the unit in this estate has started putting their units up for sale but at price of >1200psf. Note the pty is a c30yr pty and units (at least for those that we have viewed) are old and will require at least $100psf renovation cost. Owners asking are based on their enblock potential and valuation of $830m. Post enblock failure the pty requested for another valuation producing a report of c$500m. It will be another 3yrs before the pty can attempt a 2nd enblock. If you do buy a unit and the pty is successful in an enblock 3 years from now, becos your purchase isw <4yrs old, you will be subjected to seller's stamp duties. This is an info which owners and agents fail to take note. Thus potental buyers, beware.Was this review helpful? Report review -