Posts tagged as:

En Bloc

Dragon Mansion En Bloc Sees Offer

October 21, 2009

Dragon Mansion was the first project to have attempted en bloc in 2009 and they seem to be having a decent result from it. Roxy-Pacific has agreed to acquire the site at Spottiswoode Park, but at a price below the estate’s original reserved asking price of $120 million (1,020psf ppr). The developer has offered $100.8 [...]

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Laguna Park En Bloc Tender Unsuccessful

October 16, 2009

Laguna Park’s en bloc tender results are unsuccessful, according to Channel News Asia. There were two interested party in the exercise bid, namely a local company which comprises of shareholders from Indonesia and a prominent local developer. Credo, the appointed agency for Laguna’s en bloc project gave a brief breakdown of the two parties. The [...]

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First En Bloc Attempt in 2009 – Dragon Mansion

July 16, 2009

The first attempted enbloc is finally happening with the surge of market movement lately in property riding on the possible surge and better sentiments in the property market. The 16 year old 72-unit freehold Dragon Mansion (District 2) on Spottiswoode Park Road has crossed the consent figure of 80% to proceed with the en bloc [...]

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Horizon Towers gets a No Go for En Bloc

April 3, 2009

After a tormenting two years en bloc legal pursuit, the highest court, the Court of Appeal finally gave its verdict on Horizon Towers, the 199 unit condominium lying on Leonie Hill. The enbloc sales was halted, a judgment that surprised many owners. The judgement based mostly on the sales committee established for the enbloc by [...]

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Laguna Ex-Commitee Chairman Charged in Court

January 8, 2009

Should the en bloc craze comes back, this should serve as a warning to people who’re up to mischief for capital gains. Businessman accused of vandalising property at East Coast estate WHEN the possibility of a collective sale for Laguna Park was announced in December 2007, some residents held back, hoping this would drive up [...]

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