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Property cooling measures scuppered ‘long awaited’ recovery, could worsen supply glut
03-03-2019, 08:32 AM.
Post: #11
RE: Property cooling measures scuppered ‘long awaited’ recovery, could worsen supply glut
Yes i feel the disconnect between old resale and new launch is quite drastic. There are many large, old and sparse freehold developments in sg that are near mrt with very understated gfa. Can potentially double current market price if successfully enbloced in the future.

No reason to buy those new but small and dense developement at exorbitant psf now. Many with wasted floor plan space like PES and massive balcony.

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03-03-2019, 10:13 AM.
Post: #12
RE: Property cooling measures scuppered ‘long awaited’ recovery, could worsen supply glut
(03-03-2019, 08:32 AM)Scg8866t Wrote: Yes i feel the disconnect between old resale and new launch is quite drastic. There are many large, old and sparse freehold developments in sg that are near mrt with very understated gfa. Can potentially double current market price if successfully enbloced in the future.

No reason to buy those new but small and dense developement at exorbitant psf now. Many with wasted floor plan space like PES and massive balcony.

I think living in old and new development have big difference in living condition. Space is surely bigger in old. But is not just about space. 

Enblock also means new development. Wouldn't the new have to meet the PES and Balcony requirements ?

Just my Diary
corylogics.blogspot.com/



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03-03-2019, 10:26 AM.
Post: #13
RE: Property cooling measures scuppered ‘long awaited’ recovery, could worsen supply glut
(03-03-2019, 10:13 AM)corydorus Wrote:
(03-03-2019, 08:32 AM)Scg8866t Wrote: Yes i feel the disconnect between old resale and new launch is quite drastic. There are many large, old and sparse freehold developments in sg that are near mrt with very understated gfa. Can potentially double current market price if successfully enbloced in the future.

No reason to buy those new but small and dense developement at exorbitant psf now. Many with wasted floor plan space like PES and massive balcony.

I think living in old and new development have big difference in living condition. Space is surely bigger in old. But is not just about space. 

Enblock also means new development. Wouldn't the new have to meet the PES and Balcony requirements ?

Wouldn't the new have to meet the PES and Balcony requirements ?

Developers will creatively maximise the “free space” allowable by URA. They will build disproportionately large balconies, double volume voids(loft),  air-con ledges, bay windows, planters, private enclosed spaces(PES) and roof terraces. Buyers will be disappointed when they find out that these outdoor spaces that they paid for are not useable and are not allowed to be covered. 
As long as developers continue to get such space free of charge, they will persist in building disproportionately large air-con ledges as these are literally "free money".

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03-03-2019, 10:27 AM. (This post was last modified: 03-03-2019, 10:44 AM by xis.)
Post: #14
RE: Property cooling measures scuppered ‘long awaited’ recovery, could worsen supply glut
(03-03-2019, 10:13 AM)corydorus Wrote:
(03-03-2019, 08:32 AM)Scg8866t Wrote: Yes i feel the disconnect between old resale and new launch is quite drastic. There are many large, old and sparse freehold developments in sg that are near mrt with very understated gfa. Can potentially double current market price if successfully enbloced in the future.

No reason to buy those new but small and dense developement at exorbitant psf now. Many with wasted floor plan space like PES and massive balcony.

I think living in old and new development have big difference in living condition. Space is surely bigger in old. But is not just about space. 

Enblock also means new development. Wouldn't the new have to meet the PES and Balcony requirements ?

Wouldn't the new have to meet the PES and Balcony requirements ?

Developers will creatively maximise the “free space” allowable by URA. They will build disproportionately large balconies, double volume voids(loft),  air-con ledges, bay windows, planters, private enclosed spaces(PES) and roof terraces. Buyers will be disappointed when they find out that these outdoor spaces that they paid for are not useable and are not allowed to be covered. 
As long as developers continue to get such space free of charge, they will persist in building disproportionately large air-con ledges as these are literally "free money".

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