Give another example of a property with high chances of collective sale within the next 10 years, for own stay, and near an MRT station.

To identify properties with en bloc potential, especially those near MRT stations and suitable for personal stay, here are some key factors and examples to consider:

Proximity to MRT Stations and Amenities

Properties located close to MRT stations, popular schools, and amenities are highly sought after. For instance, condos in the vicinity of Tiong Bahru MRT or Redhill MRT could be promising due to their convenient locations.

Age and Condition of the Property

Properties between 20 to 45 years old are often considered for en bloc sales. These older developments may face increasing maintenance costs and could benefit from redevelopment. An example could be a condo like Pine Grove, which has been attempting en bloc sales due to its age and potential for redevelopment.

Plot Ratio and Zoning

Properties with favourable plot ratios and zoning as per the Singapore Master Plan are more likely to attract developers. For example, a condo with a high plot ratio and located in an area zoned for residential use could be a prime target for en bloc sales.

Resident Composition

Developments with a higher proportion of younger residents or those more open to relocation might have an easier time achieving the necessary consensus for an en bloc sale. However, the presence of corporations or older residents can complicate the process.

Future Development Plans

Areas with upcoming developments or infrastructure projects, as outlined in the Singapore Master Plan, can increase the en bloc potential of nearby properties. For instance, condos near future MRT lines or new commercial hubs might be more attractive to developers.

Specific Examples

• Pine Grove: Although its recent en bloc attempts have been unsuccessful, it remains a prime example due to its age and location.
• Thomson View: This condo has also been put up for en bloc sale and is located near the Thomson-East Coast MRT line, making it an attractive option.
• Summer Green: Another condo that has been launched for en bloc sale, it benefits from its location and the potential for redevelopment.

To get the most up-to-date and detailed information on these properties, you can check the latest listings and news on EdgeProp Singapore.