Having en bloc potential is not a sure sign you’ll hit the jackpot. Even when enough signatures are gathered, some collective sale attempts appear to have as much chance of going through as a US-North Korea peace deal. Many condos have proceeded to the tender stage, such as Faber Gardens, Windy Heights and Casa Meyfort (just to name a few), only to find a lack of interested developers at their stated reserve price.
Tagged in:
Additional costs
Assessment of options
Control density of build up areas
En Bloc Collective Sales
Heights restrictions in East
Increase in land value
Investment plans
Market forces and competition
Not straining on existing road networks
Override plot ration with traffic restrictions
Plot ratio restrictions
Qualifying Certificate QC rules
Significant improvements in infrastructure
Time restrictions
Under utilised plot ratio
URA