Which developer is the weakest!
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Haha taking a development loan in no way means the developer is weak. But if you are interested, printing out the business profile on ACRA will show which bank has a charge on the company’s assets.
How is this a weak developer?
Imho there is no weak developer
There are strict requirements under authorities to be a Develoler title
There are strict requirements under authorities to be a Develoler title
Could be another company started up just to develop one project to sort of exclude liability of real parent bigwigs
Project completed - company deregistered
These guys got lawyer friends too
Wow. Like that how to know which developer in crisis?
Any rumour or insider so that we know which project going firesale with the help of Wuhan virus...
Wow. Like that how to know which developer in crisis?
Any rumour or insider so that we know which project going firesale with the help of Wuhan virus...
You have to be very good friends with property agents.
But warning these sharks are not ordinary people. I got burnt many times because they can smell you
Ah. So we can only based on the number of units sold during this Wuhan virus to determine who is desperate.
Well, you only know if something happen. Just like the Broken bridge case!
NiShiZhu
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Least holding power developers are usually those unknown developers who build boutique units. Sycamore tree and laurel tree by Astoria development who run road due to bankruptcy. U dare to buy from unknown developer?
Else don’t harp or hold high hopes for big names like CDL, UOL,MCL, CEL, Fraser, capitaland, Wing Tai for any fire sale discount.
Else don’t harp or hold high hopes for big names like CDL, UOL,MCL, CEL, Fraser, capitaland, Wing Tai for any fire sale discount.
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NiShiZhu
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U can pin some hope on normanton park by kingsford due to their no sales penalty till TOP.
Maybe got chance to pick some cheap durians.
Doc Madatay
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Double Edge sword
What if they have no money to do Complete the project
What if they have no money to do Complete the project
Yeah. I believe some Developers doing margin. How to know this information?
They bid high, does not mean they have the $ to pay without loan!
Doc Madatay
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No idea unfortunately - recent article about who have the priority when developer go bust.. particularly referring to Sycamore case.
It makes me scared when I see projects selling 20%.. and developer is some little known name..
https://www.straitstimes.com/singa...st-court-ruling-provides-condo-buyers-relief
TOP around 2020 to 2021
1. The Jovell till now 26% sold
2. Meyerhouse now 11% sold
3. The Lilium 3% sold
4. The Gazania 10% sold
5. The Hyde 15% sold
6. The Antares 11% sold
http://www.ytreporp.com/top.php
The sale so bad. Firesale coming i guess...
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Polar Bear King
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Check back by June see if any can cross 1/4 mark
These 2 projects very interesting. Developer not interested to sell or no one wants to buy at this high end area?
1. Petit Jervois
2. Jervois Treasures
http://www.ytreporp.com/top.php
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