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Thread: Bayshore Park

  1. #1
    Join Date
    Aug 2008
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    101

    Default Bayshore Park

    Anyone knows whats the status of Bayshore Park's enbloc efforts? Any chance of it going through?

  2. #2
    Join Date
    Mar 2010
    Posts
    974

    Default

    The days for collective sale for huge LH development are over with the new law requiring developer to build and sell all the new units within 5 years. Old LH developments such as BP, LP, LV, and MG in D15/16 can kiss goodbye to any en bloc sale.

  3. #3
    Join Date
    Mar 2008
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    1,014

    Default

    Possible en-bloc going forward possibly for the smaller development about $200mil type, not these big mega esp. LH older development.

  4. #4
    Join Date
    Nov 2008
    Posts
    30

    Default re

    possible for 2 buyers to come in and "share" the big plot?
    of cos that means hving 2 competitors courting buyers for the same location/launch time.

    But BP is in a nice locale and the space is huge.

  5. #5
    Join Date
    Nov 2009
    Posts
    2,368

    Default

    Very risky to buy (and pay a premium) hoping for enbloc. I think if you like the place and wanna buy for own stay, its ok. It has a nice environment.


    Quote Originally Posted by Newbie Homebuyer
    Anyone knows whats the status of Bayshore Park's enbloc efforts? Any chance of it going through?

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