Collective sale reforms may help more elderly owners of ageing properties to cash out their assets. Read more at straitstimes ...
The current consent thresholds for collective sales were first introduced in 1999. Since then, many developments have got significantly older, said the Ministry of Law.
Stakeholders in Singapore's property market welcome proposed en bloc reforms but express concerns over the shortened six-month mandate period. Read more at straitstimes.com. Read more at straitstimes.
With a shorter time to get the required number of signatures for a collective sale, this might heighten tensions among neighbours who are not keen to sell, said an analyst.
Despite failing to entice any buyers during its first en bloc attempt in June 2018, owners of Spanish Village have relaunched their property for collective sale at the same indicative price of $882 ...
Add Yahoo as a preferred source to see more of our stories on Google. A successful en bloc sale is akin to a windfall for strata-title owners. Some lucky ones managed to hit the jackpot on their first ...
The en bloc process in Singapore gained a lot of interest when the private residential market was abuzz with en bloc sales fever in 2017 and 2018. Since the 2018 property cooling measures were ...
SMU Office of Research – An en bloc or a collective sale of an entire property to a single developer or consortium is not new in Singapore. Since the first en bloc sale in 1994, there have been many ...
In recent years, several high-profile en bloc transactions have collapsed at the last moment, despite initially looking like done deals. For property owners, these reversals can mean dashed hopes, ...
A new law to reduce amount of support needed from owners to push through an en bloc sale is being discussed in Parliament.
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