Collective Sales for Residential Properties in Hougang
The Collective Sale Enblocs Hillhaven market has seen an upward trend since 2017 and this year saw the second largest sale ever in the history with the sale of Pacific Mansion for $ 980 million along River Valley. The property owners are considering Park Hill the opportunity of earning prosperous deals after the en bloc sale of 15 properties in Q1 of 2018.
EdgeProp has built an en bloc calculator based on the logit model which determines the probability of a condo to be put for collective sale and the success of such sale depends upon three variables such as the number of units, enhancement of property value and property’s age.
Collective Sales Guide Singapore Properties
A Collective Sale Committee (CSC) should be elected by the owners at the General Meeting and the requisition of such meeting requires owners comprising 25 percent of the total owners ( in nos.) or …