No. Units: 654
Land Size: 825,500 sqft
Sales Committee formed : 8 Jul 2017
This site only has a DP for Lease Top up.
Ivory Heights Collective Sale Website
The Law firm that handled Tampines Court's Sale is the Enbloc Lawer for Ivory Heights.
They learnt the LTSA ropes with Tampines Court.
We trained them well:)
Actually what are the cost to launch a en bloc? Is it substantial or just minimal? The marketing agent will charge any initial cost?
ReplyDeleteUsually nothing - but I don't know the specific Terms of Appointment. Most agents & lawyers work on a 'no sale no fee' basis. The STB application fee is a minor cost to the majority owners once the 80% consent level is reached.
DeleteRead the Terms of Appointment & the CSA to see if they have listed costs.
Woo, no wonder everyone give it a try. Nothing to lose.
DeleteA signed contract does not guarantee a sale. You will end up with legal fees if the sale gets dismissed by the court after an objection.
DeleteBlogger is becoming a de-facto go-to enbloc consultant...
ReplyDeleteWho could have predicted the HUDCs would fall like ninepins. So much news - just one little blogger. Readers' comments help, of course.
DeleteAbove news report ,built up atea and PR of 1.86.
ReplyDeleteWhy mention built up area?
I rmb one TC valuation report list out total of strata areas. Why?
Total strata areas or built up areas also affect baseline?
Ivory Heights blog is too dead. Lets bring them all here to gossip!
ReplyDeleteQuestion - Why would and could IH enbloc really succeed at this time??
The question is how much liquidity does the developers still have now and add into the fact there are so enbloc launches competing with each other.
ReplyDeleteex-HUDC Smackdown 1: Pine Grove vs Ivory Heights
ReplyDeleteWhich one will Developers prefer?!
I would Laguna Park therefore Pine Grove vs Ivory Heights vs Laguna Park. Each will be $B deal if successful.
DeleteIH plot ratio low and PG is not that high 2.1. IH has great future location and PG was previously in great exclusive location 10-20 years ago but not so now.
DeleteLet bet let bet! Who will be the one that smash farrer park
DeleteThis feels like another bubble rising, the value of all these enblocs is so much more than the 2007 period before GFC
ReplyDeleteBlogger, u should change the header of your blog to "Singapore en bloc monitoring corner" . Serve as a All in one place for en bloc people to gather
ReplyDeleteThat's too much of a commitment!
DeleteChina developers would bid for it. Chinese(PRC) buyer like that area.
ReplyDeleteChina developers like the East like Simei where Double Bay Residences is located. 10min to and from airport for R&R, excellent foods etc. to unwind and off to China for business.
ReplyDeleteIH land is amazing, don't know why IH SPs want to enbloc. It is like mandarin gardens if they do a estate refurbishing.
ReplyDeleteHow about Park West? If IH is too big to stomach, can consider this?
ReplyDelete