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Thread: PES & Roof Terrace to be treated as GFA

  1. #6
    Junior

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    Developers will not build big PES and RT for time being.

    They may slowly include a few such units in their new launches but priced almost the same psf as other units to test the demand for it.

    Buyers particularly looking for such units will have to turn to resale market.

  2. #7
    Newbie

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    Looks like the government has inadvertently made the buyer of that 4000+ sf CityLife penthouse an even bigger winner...

    And if developers don't raise the prices of their existing stock of units with PES and RT for sale, may be a good time to look at them to mitigate the new ABSD

  3. #8
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    For current owner, many mcst does not permit cover over PES/RT area. Now they can. That will mean bigger live in area for this unit.

    For developer and en-bloc buyer, that means higher premium with increase in DC. This eventually will pass on to house buyer.

    Quote Originally Posted by willow
    Does the new rulling affect current PES and those signed S&P but not TOP yet?

  4. #9
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    a lucky bastard. But i think only 10% of total space can be covered. Still, good buy for a 4000+ sqft unit, i think.

    Quote Originally Posted by Ninjago
    Looks like the government has inadvertently made the buyer of that 4000+ sf CityLife penthouse an even bigger winner...

    And if developers don't raise the prices of their existing stock of units with PES and RT for sale, may be a good time to look at them to mitigate the new ABSD

  5. #10
    Senior

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    Where did they say that PES and RT space can be covered up?
    Quote Originally Posted by adrianmtsg
    For current owner, many mcst does not permit cover over PES/RT area. Now they can. That will mean bigger live in area for this unit.

    For developer and en-bloc buyer, that means higher premium with increase in DC. This eventually will pass on to house buyer.

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