08 Jan '18, 3pm

Enbloc Sales – Huge Property supply coming https://t.co/15JIK2F1Fs

Prices for homes redeveloped from the enbloc property are also expected to be marked up to cover the developers’ cost. So, the question is whether there will be buyers willing to pay for these smaller homes at higher prices, and if not, developers may face similar problems in future as those faced now as they think of how to drive sales to avoid paying Additional Buyers ’Stamp Duty if they don’t sell their homes within five years of being awarded the site.

Full article: https://www.iproperty.com.sg/news/enbloc-sales-huge-prope...

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