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Thread: FERNWOOD TOWER - enbloc potiential

  1. #1
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    Default FERNWOOD TOWER - enbloc potiential

    Any one familiar on this project fernwood tower for enbloc investment?

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    Default Re: FERNWOOD TOWER - enbloc potiential

    Famous for being haunted.

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    Default Re: FERNWOOD TOWER - enbloc potiential

    I think got potential for enbloc as is freehold, good location, units not a lot, but you really need to have holding power. long way to go for enbloc fever LOL

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    Default Re: FERNWOOD TOWER - enbloc potiential

    Hi Lord Anus,

    Haunted, interesting to know more , any further information? as one of my friend mention is good because freehold.

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    Default Re: FERNWOOD TOWER - enbloc potiential

    The Best Time to buy Property is Yesterday.
    If you lose Money it because you sell on a wrong Day.

    https://wa.me/6587821025

    https://r057844h.propnex.net/

    You don't Buy others will Buy.
    You don't Sell, others will Sell.

  6. #6
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    Default Re: FERNWOOD TOWER - enbloc potiential

    https://sbr.com.sg/residential-prope...bloc-sale-688m

    216-unit Fernwood Towers up for en bloc sale at $688m
    The Best Time to buy Property is Yesterday.
    If you lose Money it because you sell on a wrong Day.

    https://wa.me/6587821025

    https://r057844h.propnex.net/

    You don't Buy others will Buy.
    You don't Sell, others will Sell.

  7. #7
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    Default Re: FERNWOOD TOWER - enbloc potiential

    The Best Time to buy Property is Yesterday.
    If you lose Money it because you sell on a wrong Day.

    https://wa.me/6587821025

    https://r057844h.propnex.net/

    You don't Buy others will Buy.
    You don't Sell, others will Sell.

  8. #8
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    Default Re: FERNWOOD TOWER - enbloc potiential

    There are few aspects to answer this question
    1. Macro level : enbloc market is dead in these five years, not just becos of the coming recession, unemployment, but all the cooling measures imposed like ABSD on developers.
    2. If you take a look of this project, it should had on a plot ratio of 1.4, I believe the built up plot ratio is 2.8. And if you add on owners expect to have 30-40% premium above market...else can't get 80%... and this project had already max the built up.
    3. There will be many many old projects wanting to be enbloc and GLS will also ramp up once the market is recovered..

    So in conclusion... very slim chance

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    Default Re: FERNWOOD TOWER - enbloc potiential

    Hardly visit this place nowadays
    Noted so many newbie asking one line question and expect free advice.

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    Default Re: FERNWOOD TOWER - enbloc potiential

    plot ratio in 2019 master plan is 3.0

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    Default Re: FERNWOOD TOWER - enbloc potiential

    Quote Originally Posted by martialsin View Post
    plot ratio in 2019 master plan is 3.0

    Oh, if plot ratio in 2019 is 3.0 meaning is really good for potential in enbloc, currently is only 2.1 now

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    Default Re: FERNWOOD TOWER - enbloc potiential

    Everyone want their project to be enbloc even for HDB homeowner!

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    Default Re: FERNWOOD TOWER - enbloc potiential

    Quote Originally Posted by Mary Tan View Post
    Everyone want their project to be enbloc even for HDB homeowner!
    Hello, HDB is control by government, fernwood tower is a freehold condo.

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    Default Re: FERNWOOD TOWER - enbloc potiential

    think no developer will enbloc at this covid-19 period man

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    Default Re: FERNWOOD TOWER - enbloc potiential

    yes eventually one day, why coz land are scarce in Singapore!

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    Default Re: FERNWOOD TOWER - enbloc potiential

    during this pandemic, nobody dare to make any big move in property market especially the developers

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    Default Re: FERNWOOD TOWER - enbloc potiential

    Those who dare to move will be the one who will gain more. See this situation as opportunities!!! My 2 cents. LOL

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    Default Re: FERNWOOD TOWER - enbloc potiential

    enbloc during crisis lol, impossible

  19. #19
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    Default Re: FERNWOOD TOWER - enbloc potiential

    Don't think so En-bloc will happen even 2021!

  20. #20
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    Default Re: FERNWOOD TOWER - enbloc potiential

    Quote Originally Posted by STEVETEO View Post
    Oh, if plot ratio in 2019 is 3.0 meaning is really good for potential in enbloc, currently is only 2.1 now
    I doubt Fernwood built up plot ratio is 2.1

  21. #21
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    Default Re: FERNWOOD TOWER - enbloc potiential

    The Best Time to buy Property is Yesterday.
    If you lose Money it because you sell on a wrong Day.

    https://wa.me/6587821025

    https://r057844h.propnex.net/

    You don't Buy others will Buy.
    You don't Sell, others will Sell.

  22. #22
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    Default Re: FERNWOOD TOWER - enbloc potiential

    Do note new masterplan has a zone marine parade road to have a minimum of 100 sqm units and no 85sqm. This means that the # of units developers can build after en-bloc reduces so the value of en-bloc will drop.

    The Best Time to buy Property is Yesterday.
    If you lose Money it because you sell on a wrong Day.

    https://wa.me/6587821025

    https://r057844h.propnex.net/

    You don't Buy others will Buy.
    You don't Sell, others will Sell.

  23. #23
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    Default Re: FERNWOOD TOWER - enbloc potiential

    What a Half-empty glass of water sees.

    Are en blocs really coming back? Surrey Point could not get their asking price of 55mil, had to settle at 47.8mil or 13% down, ... Mt Emily failed at their 24mil asking price, finally settled at 18mil or 25% below... Newton property selling at $1434 psf ppr and Mt Emily at $1115psf ppr, that's below the previous 2017 en bloc season?

    Singapore Real Estate and Property updates from best-selling author Ku Swee Yong. Residential, Retail, Commercial, Industrials, and REITs. Invite link: https://tinyurl.com/KuSweeYongRealEstate
    The Best Time to buy Property is Yesterday.
    If you lose Money it because you sell on a wrong Day.

    https://wa.me/6587821025

    https://r057844h.propnex.net/

    You don't Buy others will Buy.
    You don't Sell, others will Sell.

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    Default Re: FERNWOOD TOWER - enbloc potiential

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    Default Re: FERNWOOD TOWER - enbloc potiential

    Just saw one latest transacted unit at 2.6mil for a 1636 sqft unit. The guy paid close to 1600 psf. A bit over valued.

  26. #26
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    Default Re: FERNWOOD TOWER - enbloc potiential

    Quote Originally Posted by Icorpion View Post
    Just saw one latest transacted unit at 2.6mil for a 1636 sqft unit. The guy paid close to 1600 psf. A bit over valued.




    https://www.facebook.com/Teo.See.Hwa...22402604026849
    The Best Time to buy Property is Yesterday.
    If you lose Money it because you sell on a wrong Day.

    https://wa.me/6587821025

    https://r057844h.propnex.net/

    You don't Buy others will Buy.
    You don't Sell, others will Sell.

  27. #27
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    Default Re: FERNWOOD TOWER - enbloc potiential

    The Best Time to buy Property is Yesterday.
    If you lose Money it because you sell on a wrong Day.

    https://wa.me/6587821025

    https://r057844h.propnex.net/

    You don't Buy others will Buy.
    You don't Sell, others will Sell.

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