Investment How Can An Old Condo Be A Better Investment?

  • November 17, 2020
  • 9 min read
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Ryan J

Ryan is an old school print journalist gone digital. He's lived in almost every type of housing in Singapore, from flats to landed homes. Over the past 18 years, he's been a content developer for companies large and small, a co-founder in an education business, and sometimes a voice on the radio. He also spends too much time and money on painting little plastic soldiers.

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Adrian
Adrian

Wish to know whether it is good option to invest in old Executive condo for enbloc is this viable if the GPR is yet to be maximized like Summerdale condo.

Stacked Homes
Stacked Homes

Hey Adrian! Sorry for the delayed response!For En-bloc to be possible, it all depends on the current owners. First off, 80% consensus has to be achieved first before a development can be put up for en bloc. Chances is pretty slim in the district as there are many other plots for development since HSR is cancelled – hence freeing up the land plot for other use, which may include residential. We can’t predict and affirm that all development would be successful in their en bloc, hence it is a risky move for one to take. We always prefer to think… Read more »

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