Tag: en-bloc

Braddell View has failed in its en-bloc attempt, with zero bids in its public tender. Here’s all you need to know about it: Braddell View fails en-bloc Singapore’s largest private residential estate, Braddell View, launched at a reserve price of $2.08 billion. However, its tender closed with no bids despite its prime location. Colliers has…

Not everyone enjoys having to find a new house and move out (just take a look at all your stuff). And it’s twice as bad if you’re elderly, or just forked out $30,000 in renovations.  But the en-bloc machine just does not care: Our en-bloc process is in serious need of fixing Our unfair en-bloc…

Every day, 99.co picks a piece of property jargon to explain it. Today we look at the term “en-bloc sale” – or as Singaporeans call it, “strike 4D”: What is an en-bloc sale? In strict technical terms, any sale of two or more property units to a single buyer is an en-bloc sale. In practice,…

While other Spanish Village owners wait for the outcome of a third en-bloc sale attempt, one unit has sold for over $3 million. A 2,368 square foot unit has sold for $3.08 million, more than twice the original purchase price 17 years ago. The first-floor unit is also Spanish Village’s first transaction in about two…

Even though the en-bloc fever had mostly died out by 2018, there were still some notable en-bloc sales. This gives owners of old condos some hope, that developers are still interested despite rising Development Charges and taxes. More importantly, it gives future buyers some clue on which areas to keep an eye on; if a…

For more affluent property buyers who are looking to buy a freehold condo in the East, they typically come to decide between two mid-to-upscale residential areas of District 15: Amber Road and Meyer Road. Location-wise, these two prime city fringe neighbourhoods are just right next to each other, but visit both of them and you’ll…

Beauty World and Golden Mile are the “lifestyle hubs” of Singapore, according to numerous sarcastic comments concerning their recent en bloc attempts. Ignore those clueless people: not only are these two places iconic, they also have a location that would make any property developer reach for the wallet. But which of the two, Beauty World…

Chances are, you likely won’t bother giving these condos in Singapore a second look if you walked or drove past them. In fact, you might even think that these condominiums are… gasp… HDB estates. Ironically, these condos might have the highest en bloc potential. We say this because their low unit densities of these condos…

If you’re a property developer, the Halloween horror show came early. July 2018 was pretty much the death knell for Singapore’s en bloc fever, and the subsequent months saw more nails being hammered into the collective sale coffin. The numbers make for shocking reading. Following the July cooling measures, more than 30 collective sale sites…

Much has been said about lease decay affecting the market value of HDB flats, but private properties in Singapore bounded by a 99-year lease should — in theory at least — be facing the same issue. In this week’s chart, we examine how leasehold condos in four different age bands transacted over the past 15…