A Minority Owner's chronicled journey through 3 Collective Sale attempts; the last one being successful. TC was a 560 ex-HUDC estate with a thriving community spirit (up until the enblocs that is). I have moved on to a new, 37 unit Freehold estate. Life is quiet now with zero community feeling.
In 10 days time, TC is going to fall off the EN BLOC CLIFF. The value of TC will be struck at the bottom for a long time. Next generation will be stuck with an old 99yr apartment
At the first enbloc, we were told that the prices of our units would fall to below 400k if it did not go through.What happened? Prices rose to above a million. If you do not want to be stuck with a 99 year old lease property, then do yourself a favour and sell now.
Shunfu is not the same because the residents there have positive mindset. TC have desperate en-bloc raiders trying to get rid of their units. I like the 4th post... and agree, if you don't want to get stuck.. sell now, no one is stopping you.
Shunfu is Shunfu
ReplyDeleteTC is TC
It's not the same
In 10 days time, TC is going to fall off the EN BLOC CLIFF. The value of TC will be struck at the bottom for a long time. Next generation will be stuck with an old 99yr apartment
ReplyDeleteGrumpy way to start the New Year.
ReplyDeleteBe more positive.
At the first enbloc, we were told that the prices of our units would fall to below 400k if it did not go through.What happened? Prices rose to above a million. If you do not want to be stuck with a 99 year old lease property, then do yourself a favour and sell now.
ReplyDeleteShunfu is not the same because the residents there have positive mindset.
ReplyDeleteTC have desperate en-bloc raiders trying to get rid of their units.
I like the 4th post... and agree, if you don't want to get stuck.. sell now, no one is stopping you.