From today's Straits Times :
From today's Straits Times :
Post a clearer pic of the above here:
I am a believer of buying only completed projects eversince my 1st purchase.
What you see if what you get is better than having some shocker when its TOP and there is nothing much you can do about it.
When you have eliminate the impossible, whatever remains, however improbable, must be the truth
I have said long ago that I only buy completed projects because what I see is what I get.
Buying such a big expensive private condo just on plan have many risks, and many probably have not experience developers running road yet... Sooner or later they will experience it...... Some may think subsidiaries of big companies are safer but they are wrong because the subsidiaries can also declare bankrupt without affecting mother company if they are incorporated as a private limited company separately to undertake that private condo development (very common practise with all those big companies, like FEO, CDL, etc).
When you have eliminate the impossible, whatever remains, however improbable, must be the truth
can 3% deviation , rather than give owner less space, any cases of owner given MORE space for free?
This thread is about buying BUC... its not about buying in 2006 or 2009.
Anyway if the developer give 2% more the owner wont even say thank u!
When you have eliminate the impossible, whatever remains, however improbable, must be the truth
Well the S&P agreement does say 3% tolerance level - so can't complain if the developer keeps within that 3% level.
One of the guys complained that it will cost him a potential $20,000 price appreciation for the space lost - if it was the other way around (space increased), would he share his gain (when he sells his unit) with the developer ???
if i want to make money, I would grab the unit be it completed or BUC. Maybe those want to live there will start to look into details and start complaining. But then and again, it is individual preferences since one may change his mind.
Both projects are reputable developers.
Contractors could be playing with the limits.
i am wondering, does URA give 3% tolerance limit for developers for gross plot square feet?
if site area is 10.000sf, plot ratio 2.1.
does developer enjoy 3% tolerance? if developer overbuilt by 630sf (10000 * 2.1 * 3% = 630sf), do developer have to pay charges?
i am interested in the resale figures from URA for Waterfront waves.
New sale state 141sqm ?
Will resale state 139sqm ?
Last edited by hopeful; 12-01-14 at 17:24.
Govt can consider to give incentive if:
1. building doesn't collapse
2. Within 3% specs
3. have enough carpark space
4. doesn't have ridiculously sized balconies and aircon ledge
5.
6.
7.
this is scary
how did those new owners measure their house man