12 Oct '17, 3am

Ivory Heights #HUDC makes collective sale attempt

Ivory Heights #HUDC makes collective sale attempt

Yet another former HUDC estate is gunning for a spot in the collective sale race. Ivory Heights 5 HUDC estates successes in the collective sale market and counting Ivory Heights joins a series of other former HUDC estates to jump on the collective sale bandwagon. Rio Casa was the first this year to reach for success with an en bloc sale in May. This was followed by Tampines Court and hot on their heels are Florence Regency, Pine Grove, and Braddell View. But like other segments in real estate, land sales is also dependent on timing. While those who have entered the market earlier may not have asked for higher prices, they have struck while the iron was hot. And for those who follow suit, they risk developers not taking to their higher asking prices. Owners of ex-HUDC units may pocket $2 million Besides timing, location is another crucial factor. Ivory Heights sits on a fut...

Full article: https://www.iproperty.com.sg/news/ivory-heights-hudc-make...

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