Thanks to the ever rising developer ABSD, Singapore’s residential collective sale market went from boom to doom. (Watch my youtube video Ep#22: En Bloc? It’s All Over Now) Collective sale deal discounts and hiccups After the collective sale bull market in 2017-8, only three large-size old condos (Chuan Park, Thomson View and Loyang Valley) managed... [read more]
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To what extent is Evergrande (恒大) responsible for the collapse of China’s housing market? Heavy punishment of the market leader On August 20, China sentenced the founder of the country’s biggest property developer Hui Ka-yan to life imprisonment, with political rights stripped for life. All personal assets were confiscated. Hui pleaded guilty to large-scale financial... [read more]
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