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When 99 leasehold private estate went enbloc, does developer gets approval to top up 1st or after they bought it? Is there any case of URA not topping up remaining lease and land went back to URA after 99 years same as HDB? What is the value then, do owners get zero or some value like HDB?
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4 Answers

In collective sale agreement, I believe developers will have a clause inserted to ensure that if the application to top up the lease back to 99years is rejected, they will have a right to rescind the sale agreement.

I believe you are considering to invest in a property in Singapore.

I have been in the real estate business since 2009, with more than 10years of experience serving the Singapore real estate market.

I am very active in the residential segment of Singapore real estate market, having transacted hundreds of deals from HDBs to private condominiums and landed properties in Singapore, and have handled many unique cases in sales and purchases as well as rental deals.

Over the years, I have also established a network reaching out to more than 8,500 expatriates, bringing my market presence to both in and outside of Singapore. This has created an additional exposure when I manage my clients’ portfolios, on top of the conventional on and offline platforms, where other estate agents are relying on. This has allowed me to consistently convert leads into results.

With an evolving market, where change is the only constant, I have also been investing in upgrading of my knowledge and skills sets to improve myself and meet the demands of current and future market.

Please feel free to reach me from my website www.geryllim.com or connect with me directly on my mobile phone at 81577565  .

I look very much to hear from you soon.

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Geryl LIM
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if there is no enbloc, land got to be return back to state. that mean $0 value. owner still got to pay money to demolish the land to return to state in tender document.

if you keen join in our small group discussion. we share idea.

regards
wilson leong
 96305577 
wilsonleong61@gmail.com Read More
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Edvan Lee CK 李钊昆
If you are thinking of buying an OLD 99yr hoping it to get en-bloc, I must be honest, DREAM ON (unless you have got another 10-20 years to wait), for now!

Do drop me an email at EdPropertySG@gmail.com and we can take it from there buddy! Read More
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We value your home as much as you do! Find out the indicative value of your home at http://bit.ly/UrHomeMatters and get monthly update on your home value. Restructure your portfolio with us, speak to us! Read More
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