12 Apr '18, 1am

En Bloc Sales Process Singapore – A Definitive Step-by-step Guide https://t.co/rvTwtG3l6X

Current land plot ratio baseline based on URA zoning. Actual built plot ratio. Development charge (DC) if any for land use intensification what the developer has to pay. Differential Premium (DP) for topping up the land lease (if any). Surrounding En Bloc sales launch and successful prices achieved. Potential development of the plot of the land. Nearby older estate price trend. URA master plan and other factors such as LTA road plans, possible encroachment or future government land requirement which could result in loss of land via the land acquisition act, thereby affecting the value of the development. Current construction cost, labour and ability of developers to price the properties. Price trend movement as En bloc sales process takes easily 18 to 40 months to complete. In a rising market, the prices of properties could easily have risen by 5 to 10% a year, rendering t...

Full article: https://www.iproperty.com.sg/news/en-bloc-sales-process-s...

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