WebOct 31, 2016 · Thsnks. - 1 Update Revival of Interest to Sell Enbloc - An exploration Thiru < [email protected] >: Oct 31 02:07AM -0700 Hi residents of Chuan Park.. It has been … As of September this year, a group of dissenters has filed an objection to the en-bloc sale with STB. One of the issues appears to be the supposed plot ratio. Chuan Park owners were told that the site’s plot ratio was 2.1, as indicated under the URA Master Plan 2024. However, a letter from a previous en-bloc … See more Kingsford Group and MCC Singapore secured Chuan Park in July this year, with an offer price of $890 million. While this is still below the … See more Developers have a good reason to be confident in the location. Chuan Park is next to Lorong Chuan MRT station (Circle Line), which is just … See more Despite the size of the deal, Chuan Park was not an easy en-bloc sale. To put it in perspective: the collective sale took four attempts, despite an obviously strong location. Even then, Chuan Park was unable to secure its … See more Here’s what we can learn from the Chuan Park en-bloc attempts: 1. The size of the development matters 2. Whether the collective sale is a “windfall” is subjective 3. The process is still … See more
Chuan Park En Bloc Saga: 4 Key Lessons To Learn For Future En Bloc
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WebMar 15, 2024 · SINGAPORE ( THE BUSINESS TIMES) - Chuan Park at Lorong Chuan has been relaunched for sale at the same indicative price tag of $938 million. The 99-year … WebWatching the en-bloc attempt at Chuan Park closely are the owners of units at the neighbouring Chiltern Park, a 500-unit condo that was completed in 1995. The 99-year lease on the site starts from 1991, which means it’s in its 20th year. PS Lee, a 60-year-old businessman, owns two units at Chiltern Park. WebDec 1, 2024 · Chuan Park condo was put up for tender with an indicative price of S$938 million from Oct 5 to Nov 18. Located beside Lorong Chuan MRT, the 400,588.72 … dairy farms in dubai