“Don’t worry,” some sellers might tell you, “older properties mean more en-bloc potential”. And that’s how some buyers end up with 40+ year old properties, that they struggle to sell when said en-bloc doesn’t come to pass. Due to the en-bloc fever of 2017/18, or during the property heyday of 2013, some buyers are under the impression that collective sales are a sure-fire bet. After all, how many condos get past 40 years of age before an en-bloc? However, it’s not a good idea to get overconfident with major commitments like home ownership. Even if most condos do go en-bloc before lease expiry, that’s of no consolation if you end up with one of the uncommon condos that don’t. There are some potential risk factors to consider, before you decide to buy an old property for en-bloc gains: Larger developments may see limited demand due to ABSD deadlines Policy changes...