Property
Will My Condo En Bloc? 7 Commonly Overlooked Reasons Why It May Fail
By Stacked Homes  •  September 28, 2021
An en-bloc sale is an ideal, windfall scenario for many property investors. But while it’s happened for numerous people, buyers of old properties need to be cautious – when all things considered, there’s often more potential for failure than success. It’s not just about having a good location; it’s a delicate balance of timing, housing policies, owner demographics, and more. In 2014, it was said that 2 out of every 3 potential en-bloc hopefuls would fail. So here are some commonly overlooked factors as to why an en-bloc may fail: Understanding the state of en-bloc sales in Singapore En-bloc sales are actually a way to renew older buildings when they are no longer liveable, or maintenance is no longer justified. As the population size grows, it’s also to optimise and redevelop currently under-utilised land. However, this is not the case in today’s market realities....
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By Stacked Homes
The Stacked Homes editorial began in February 2017 to provide the latest news and analysis on property in Singapore.
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