En Bloc 48 opportune commercial units going for less than a million that you have to know about! Part II

  • October 28, 2019
  • 20 min read
Join our Telegram group for instant notifications
Join Now

Reuben

Reuben is a digital nomad gone rogue. An avid traveler, photographer and public speaker, he now resides in Singapore where he has since found a new passion in generating creative and enriching content for Stacked. Outside of work, you’ll find him either relaxing in nature or retreated to his cozy man-cave in quiet contemplation.

avatar
Chew
Chew

Is fook hai freehold or 99?

Stacked Homes
Stacked Homes

Hi Chew, Fook Hai is 99 years from 18/01/1972

lim t y
lim t y

biggest worry with commercial en bloc unit is whether it can be rented out while waiting. a lot of those on the list are strata titled, old malls with a lack of strategy. a lot of talk about en bloc, but very hard to find a buyer these days also . sim lim square themselves couldn’t go through twice. unlike residential en bloc which is a lot more straight forward. people always need a place to stay so it’s easier to rent. commercial on the other hand is another story.

Chen Seh Choong
Chen Seh Choong

Any explanation why are commercial properties subject to the same 80% support before an en bloc sales can proceed for buildings that older than 10 years since the intention of the law was not to cause hardship to folks that have strong sentimental attachment to the homes they live in?

Stacked Homes
Stacked Homes

Hey! A collective sale’s outcome is very impactful considering how it forces every owner, even those unwilling to sell, to accept the outcome. If an owner truly wants to sell, nothing is stopping them – a collective sale isn’t necessary. So for a decision to be made that leads to such a impactful outcome, a high threshold is required. Commercial units can also be sentimental for certain owners. For example, they might have regular customers visiting their shop there often due to their locale. They might have been operating at the same place for decades. Another example – new owners… Read more »

Latest Posts

Resale condo or landed home 1
Advice We Are In Our 50s With $5m Assets & Earn $480k Per Year. Should We Keep Our Condo And Decouple Or Sell It To Purchase A Landed Home?
September 30, 2022
choa chu kang crescent 1
Commentary NEW Cooling Measures Announced: An Attempt To Cool The Hot Property Market And How It May Affect You
September 30, 2022
new launch regrets
Buying My Biggest Regrets After Buying A New Launch Condo: We Share 5 Most Common Regrets Homebuyers Have
September 29, 2022
5 Unique Freehold Walk Up Apartments Near An MRT Station
Units Of The Week 5 Unique Freehold Walk-Up Apartments Near An MRT Station
September 29, 2022
Evertonenclave 69
Interior Tour An Old 1980 Everton Park Transformation: How A Couple Achieved A Monochrome Look With A $110k Reno Budget
September 28, 2022
SkyTerrace @ Dawson Architecture 1
Commentary Why Is A Million-Dollar Flat Reasonable To Some Homeowners In 2022?
September 28, 2022
coronation road landed home skylight
Interior Inside A Coronation Road Landed Home In Singapore With An Incredible 7m High Family Hangout Space
September 27, 2022
City View @ Boon Keng DBSS
HDB Reviews City View @ Boon Keng DBSS Review: Million Dollar City Fringe Living With Great Views And Convenience
September 27, 2022
lentor modern land 2
Commentary Property Prices May Get Even More Expensive In 2023: Why New Land Betterment Charge Rates Will Affect Prices
September 26, 2022
bedok walk landed estate
Property Stories A Landed Home For Just $780k? Touring Jalan Chempaka Kuning & Bedok Walk: Landed Estates With A Lot Of Character
September 25, 2022
kopiandmilktea 8
Interior A $13k Condo Renovation Breakdown: How This Creative Homeowner Self-Designed & Decorated Their 732 Sqft Home
September 24, 2022
clover by the park
Advice We Make $350k Per Year And Are Both 30. Which Of These 3 Condos Is Best With Primary Schools In Mind?
September 23, 2022
HDB Executive Apartment Jan Sep 2022 Map
Resale HDB An Updated List Of 22 Executive Apartments In 2022: How Much Have Prices Increased & Where To Find Them
September 22, 2022
avoid absd legally
Investment 7 Ways To Avoid ABSD Legally In Singapore (Updated For 2022)
September 22, 2022
5 Charming HDB Units Above 1000 Sqft That Are Ready To Move In
Units Of The Week 5 Charming HDB Units Above 1,000 Sqft That Are Ready To Move In
September 22, 2022
1 Opening Shot
Property Stories A Case Study On The Old Normanton Park: 3 Little Known Factors To Think About Before Buying A Home
September 21, 2022