pacific mansion

[franzmark]

i share the same sentiments bout those who bout extra units. This is a classic example of downfall of the greedy. I hope the place never gets enbloc

The only losers are those in the sales committee who bought extra units to sell in the en bloc. Serve them right for being greedy and for acting despite the conflict of interests.

For the developer, it's hard to say. 800+ psf is quite cheap even in today's economic climate, and by the time the market recovers, I am doubtful any developer will be able to achieve the same pricing. Maybe when the lease runs down to its last five years, but otherwise, it will be difficult. Though from another point of view, they may not wish to sit on the land during the current recession as well. So I think the developer has reason to be happy either way.

The minority owners obviously are winners. And so are the lawyers. Whoever wins, the lawyers always win as well ;-)

[Geylang OKT]

It is downright unethical for those who bought the extra units and sat in the sales committee to push through the sale. Now that these greedy folks are suffering, I say serve them right

[starrynight]

Went to view a unit today for fun. It turned out to be far from fun:

1. management engages a car park operator to charge visitors!
2. unit is in original condition - pipes totally corroded, etc.
3. living room converted to a bedroom with 7 beds

In the previous posts, it was said that PacMan has already exceeded its 2.8 plot ratio. I fail to see how this can be the case though - there is ample open space for car parking lots, etc.

Can someone enlighten?

[blackjack21trader]

if PacMan residents dun mind me saying, actually the plot size is too huge. For the current land price psf, actually very difficult to buy la. unless like D'leedon previous enbloc, you have a partnership of several major developers together la.

I have a good suggestion for them, but I better dun share here lor.

Or...should I ?

Share or dun share ?

Share or dun share ???