By Getty Goh

Many Singaporeans have long had a love affair with en-bloc property deals. Ever since the red hot en-bloc market in the mid-2000s, when we used to read about how some lucky property owners became millionaires overnight from en-bloc deals, some Singaporeans have been actively seeking out the next big en-bloc deal.

However, the Singapore property market has evolved significantly in the last few years. For those who are still on the lookout for the next big en-bloc deal, the question they should ask themselves is whether en-bloc deals are as profitable as they used to be?

Analyzing the En-bloc Transaction Volume

Some of you may recall that during 2006 and 2007, there were frequent media reports on en-bloc news transactions. On hindsight, the en-bloc market then was indeed very active. The high level of en-bloc activity could be seen from the high volume as well as amount ...