It is tricky to get an enbloc as the open air carpark belongs to URA. The private apartment owners have to purchase the land before an enbloc can be carried out.
It’s common knowledge that, when an HDB owner buys a condo unit, they have to fork out an Additional Buyer’s Stamp Duty (ABSD) when purchasing a second property. Even if the HDB owner is an upgrader who intends to sell the flat and keep only one property, the ABSD must still be paid within 14...
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