Originally Posted by
blackjack21trader
like i hinted to u guys in May 2011, D15 is the target area of the Chinese buyers and developers. The situation now is this:
very obvious weaker developers got no choice but to go for places like Seng Kang or Pungool now to avoid the enbloc competition. This will make lands in D15 very precious machiam like diamonds like that. Just look at how the Chinese buy up the gold and made it sky rocket like nobody business. I am sure the developer would want to capitalise on the fear factor in the market now.
Now, if you own any property in D15, my humble advice is this:
1) If a developer ever dares to approach your D15 for enbloc, you should not settle for a 20% over asking price but rather 60% or more over his asking price.
Now, you can give him the following reasons:
1) You need to find a replacement property
2) Prices in D15 are moving up very rapidly due to Chinese buyers ( this will hint to him you are not a sleeping log )
Or, you can bargain for
1) 1-to-1 exchange in his new project PLUS some cash bonus
Take note that you should never insult the developer nor be offensive towards him. Just bargain nicely, otherwise you run the risk of being condemned and MARKED by the whole group like what is happening to some old projects now- which will never be enbloced ever until maybe when the developers' grandchildren took over the business or the whole building collapsed .
REMEMBER - BE POLITE.. this is a small circle and the last thing u want is kana marked.
GOOD LUCK !