So it's official. There will be an enbloc committee formed. And while we respect our neighbours' (the CSC) sentiments in floating what many of them (in the property biz themselves) call their trial balloon, we heard some surprising and to us, illogical ideas at the meeting.
One such idea:
If Punggol can sell for $1500 psf we can sell enbloc at $1500 (and make money).
What! To buy back a new apartment in this area, we are already looking at $1900 psf in further away Pasir Panjang! So are we upgrading or selling out? And downgrading?
I love this place but the walls are cracked and the place needs painting.
What! Repainting's a coming and touch ups are a given! And by the way, will you love your new place as much?
The lifts have to be maintained, or changed and the hilltops don't have shelter to the carpark and busstop.
Thanks for the suggestion. Akan datang. Let's work toward that instead of looking to disrupt lives and enbloc our community.
Which leads us to the central point facing all of us.
We've renovated our homes. Why not upgrade the exterior of the condo too? Why throw away something good because it's older and needs some work! When it comes to older folk - there's a word for that kind of thinking. Ageism! Let's form a serious upgrading committee once the enbloc fails.
And finally. The last word heard
Developers are cooling because of the cooling measures and oversupply.
But we should still try. If that's the case isn't this a case of really. really bad timing?
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