This is potentially the biggest residential collective sale deal since that of Tulip Garden on Farrer Road for $906.9 million in January 2019. Read more at straitstimes.com.
SINGAPORE - That prized pot of collective sale riches may get more elusive for private home owners, as analysts say the latest round of property curbs could further dampen the current collective sale cycle, which is already seeing a slower success rate compared with the boom cycle from 2017 to 2018. About a third of collective sales have succeeded in.
2021 and 2022 both saw record numbers of million-dollar flats; and while these are still outliers, they are becoming almost expected in some areas like Tiong Bahru, Queenstown, and more specific projects like Pinnacle @ Duxton. But is this a healthy phenomenon? As some people have incessantly pointed out, it could make sense to spend a bit more for even.
Happy to say I am an avid follower and reader of your site as it provides really helpful insights to home ownerships in Singapore. I am reaching out to you in hopes that you might provide a second opinion for our current situation.
We just sold our place and are now looking a new place. We are both 30 years old.