Yes, provided all the pre-requisites are met, it's doable.FaeLLe wrote: SMS would you also happen to know about Visa regulations?
If I take it up on ownership and after 50 am no longer in Singapore (assuming have not taken up PR) would it be possible to get an LTSVP provided I can provide sufficient sources of funds?
Can you please help clarify what would happen if the existing building was built to its max permissible plot ratio?teck21 wrote: Enbloc, considering this development is only 12 years old, and I would assume fully built up to its permissible plot ratio, would be a very very long way off.
Nothing would happen to it, just that the chance of any kind of redevelopment (at a windfall for existing owners that is) would be very unlikely in the near future. Unless URA revises plot ratios upwards, which is probably not likely soon.FaeLLe wrote:Can you please help clarify what would happen if the existing building was built to its max permissible plot ratio?
Not exclusively, but almost always. To make money, one minimizes the cost of the input, and maximises the price of the output, and an under developed piece of land helps to ensure this.FaeLLe wrote:Does enbloc usually take place only if the building has been underdeveloped?
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