Shouts & Jeers - Bayshore Park

[Unregistered]

Balconies, like most (not all, but many if not most) things in life, have a price. For the right price, I'll sell you my lovely balcony and trade it for something else equally nice.

I don't intend to hold on to BP forever. When I let go really depends on a few factors like price, availability of replacement, timing, etc. So if you're trying to pin down a statement from me to declare one way or the other as to whether I will want or not want enbloc, you'll be in for a long wait. I'm practical. If there is enbloc, then I'd vote for the right price. If there is not enbloc, then I'll vote with a sale of my unit as and when I deem it the right time to sell and move.

Jieming

So you are a fence sitter. If so, I still don't understand why you actively promoting to set up the SP in the first place and to disturb the peace of other people.

[Jieming]

So you are a fence sitter. If so, I still don't understand why you actively promoting to set up the SP in the first place and to disturb the peace of other people.

For the concept of a fence sitter to even be relevant, one needs 2 sides of a fence. Having an SC gives the other side of the fence, otherwise it is nonsensical to talk about sitting on a fence that doesn't exist.

[Unregistered]

Its not on most agent's agenda to take on such a big project. Its an uphill task to get the acts together. Needless to say there are just too many much friendlier growing list of en-blocs flooding the market for the agent's choice.

[Unregistered]

knock knock, who's there? - Enbloc!

enbloc who?- Enbloc Rat!

rat who?-Rat Race!

race who?-Race to get 80%!

80% who?- 80% who will sign for enbloc hell!

hell who?- Hell in fire!

fire who? - Fire burns!

burn who?- Burn some smart asses..........

[Unregistered]

For the concept of a fence sitter to even be relevant, one needs 2 sides of a fence. Having an SC gives the other side of the fence, otherwise it is nonsensical to talk about sitting on a fence that doesn't exist.

I s-e-ee, get to set up the SC first, sit on both sides of the fence, wait and watch both sides to fight then get the best from one side. How scheming, oops! ... i mean what a scheme!

[Unregistered]

I s-e-ee, get to set up the SC first, sit on both sides of the fence, wait and watch both sides to fight then get the best from one side. How scheming, oops! ... i mean what a scheme!

Precisely. Whoever said sitting on the fence is easy and/or needs to be passive?

[Unregistered]

Its not on most agent's agenda to take on such a big project. Its an uphill task to get the acts together. Needless to say there are just too many much friendlier growing list of en-blocs flooding the market for the agent's choice.

Agent should work hard for the commission, isn't it? Agent targets en bloc potentials because of huge commission - quite easy money though because the lawyers and SC will somehow be working for it too.
However, it is not a matter of friendliness or not. It is a matter of taking away peoples' homes!

[Unregistered]

Mandarin Gdns enbloc is dead in the water.
Developers will not risk that amount of money. They are scared stiff that they can't shift the expensive sites they bought in the first half of last year. The last thing they will do now is purchase another billion dollar site. The market has changed. Game over.

[Hopeful]

I don't suppose there will be many enbloc deals done in the near future. Developers are opportunistic creatures, no money to be made, they won't bite. If there are huge sums of money to be made by developers, the owners lose big time.

[Jieming]

Developers study long term trends. Their planning is necessarily measured in decades. If you plot the property price cycles in psf for Singapore land, these so called meteoric rises and spectacular plunges in property prices are no more than the usual undulations in what is essentially a smooth but slightly upward curved graph. The property prices seemed just as fantastically high at the last 1996 peak. Look at them now. How many of you wished you had bought and held till now more than 1 property back at the 1996 peak? Even absolute peak 1996 prices are looking pretty darn cheap viewed today.

This is the game Developers play. Only simple home buyers like you and I see the 1-3 year gain-lose cycle and go Ohhhh... Ahhhh.....

Sit back and think for a moment.

Singapore.
- Island.
- 5 million people and growing.

Add this to the shift towards more affluent foreigners the gov't is wooing with the two IRs, Universal Studios, the F1, Islamic banking, the Cruise Center, the Yacht Marinas etc. and the trend becomes very clear. Land will become scarce and by extension, increasingly more and more expensive. Urban renewal is and will always be a part of the Singapore property landscape. Where does the "kampung" fit into this scheme? Well, other than some more cohesive landed home clusters.... probably.... no where. We are an Island with a ballooning population that needs to continue to compete with the rest of the world if our children are even to be given a fair chance at making a decent life for themselves.

Is it fair to you as an individual? Probably not, but many things in the macro sense is hardly ever fair in the micro sense and vice versa. But this is the reality we live in. Do we have choices? Of course we do.

What can we who live here do?

1. Stop playing the game. Fall out of the property "struggle" and go live in government subsidised housing. You'll have fewer worries then. HDB will take care of you.

2. Play the game better. Gather resources and safe guard your home the only way possible, by buying freehold landed property. Other than very special cases, you're the boss, the king of the land. Give it to your descendants for the next millenia... or two.

3. Go play some other game. Migrate and own your lands in perpetuity in a larger country where development will never reach you... or your children... or your children's children... so on and so forth for the next couple of millenia.

Meanwhile...

[Unregistered]

Developers study long term trends. Their planning is necessarily measured in decades. If you plot the property price cycles in psf for Singapore land, these so called meteoric rises and spectacular plunges in property prices are no more than the usual undulations in what is essentially a smooth but slightly upward curved graph. The property prices seemed just as fantastically high at the last 1996 peak. Look at them now. How many of you wished you had bought and held till now more than 1 property back at the 1996 peak? Even absolute peak 1996 prices are looking pretty darn cheap viewed today.

This is the game Developers play. Only simple home buyers like you and I see the 1-3 year gain-lose cycle and go Ohhhh... Ahhhh.....

Sit back and think for a moment.

Singapore.
- Island.
- 5 million people and growing.

Add this to the shift towards more affluent foreigners the gov't is wooing with the two IRs, Universal Studios, the F1, Islamic banking, the Cruise Center, the Yacht Marinas etc. and the trend becomes very clear. Land will become scarce and by extension, increasingly more and more expensive. Urban renewal is and will always be a part of the Singapore property landscape. Where does the "kampung" fit into this scheme? Well, other than some more cohesive landed home clusters.... probably.... no where. We are an Island with a ballooning population that needs to continue to compete with the rest of the world if our children are even to be given a fair chance at making a decent life for themselves.

Is it fair to you as an individual? Probably not, but many things in the macro sense is hardly ever fair in the micro sense and vice versa. But this is the reality we live in. Do we have choices? Of course we do.

What can we who live here do?

1. Stop playing the game. Fall out of the property "struggle" and go live in government subsidised housing. You'll have fewer worries then. HDB will take care of you.

2. Play the game better. Gather resources and safe guard your home the only way possible, by buying freehold landed property. Other than very special cases, you're the boss, the king of the land. Give it to your descendants for the next millenia... or two.

3. Go play some other game. Migrate and own your lands in perpetuity in a larger country where development will never reach you... or your children... or your children's children... so on and so forth for the next couple of millenia.

Meanwhile...

It is entirely possible that Singapore might become irrelevant like Malacca years down the road. To say that Singapore property is a sure bet regardless of the high curren price is to ignore such risks

[Unregistered]

It is entirely possible that Singapore might become irrelevant like Malacca years down the road. To say that Singapore property is a sure bet regardless of the high curren price is to ignore such risks

Yes you're right. That all goes without saying.

My point is that it is because Singapore is small that urban renewal is a crucial tool if Singapore is to continue being relevant and not go down the road of Malacca like you rightly pointed out.

[Unregistered]

Anyone know or have any idea when is the Next EOGM, Mid April???

[Unregistered]

next eogm is to appoint marketing agent and lawyer right?

[Unregistered]

next eogm is to appoint marketing agent and lawyer right?

No, its not going anyehere..........

[Unregistered]

Enbloc happiness keeps you Sweet!
Enbloc trails keep you Strong!
Enbloc sorrows keep you Human!
Enbloc failures keep you Humble!
Enbloc success keeps you Glowing!


But only GOD keeps you Going!

[zoosware]

Will Bayshore Park try to go enbloc again after the recent failure of the previous Sales Committee?

[AAA]

Will Bayshore Park try to go enbloc again after the recent failure of the previous Sales Committee?

No, Bayshore will never go enbloc. It was never anything more than a pipe dream. It is too big, too nice and too complicated. Same for Mandarin Gdns.