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Moreover, though this site was zoned as business, it'll no doubt have knock-on effects on land valuations of residential property, together with land transferred to the Housing and Growth Board (HDB) for public housing. Already, it's believed — and the federal government, in its refusal to disclose details, has not stated in any other case — that greater than half the selling value of a ninety nine-year leasehold of an HDB flat truly consists of notional land worth alone.
The larger part of Sentosa North Cove is occupied by individually owned and developed plots of land. Basically buyers purchase the land, and are free to design and build the house to their taste. For individuals who don't want to get up sooner or later to discover a notably offending construction in entrance of your own home, maybe the developer led initiatives mentioned above are safer. All Sentosa properties (be it landed houses or condominiums) are 99yr leasehold. Word that the "no fence" policy also applies to all Sentosa landed properties.
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