Staff Cecil Lee Posted August 5, 2003 Staff Share Posted August 5, 2003 What used to be 178 units under this development, can be re-developed for between 500 to 550 units. This yields an extra $927,000 more than what the existing owners can sell (individually).This development is 19 years old. And, pays a handsome `dividend' especially to retire's:)Read on... Link to post Share on other sites More sharing options...
Staff Cecil Lee Posted August 7, 2003 Staff Share Posted August 7, 2003 Another 999 year leasehold condominium of 24 units, sold at a 100 percent premium over what each unit could have had fetched on it's own. Link to post Share on other sites More sharing options...
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