Tag: en bloc
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Braddell View residents take first steps to relaunch en bloc attempt
The move comes after parliament passed a law to lower en bloc consent thresholds for older developments.
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Commentary: Condo en bloc rules are changing, and neighbours will feel it first
Halving the time a collective sale committee has to collect signatures shortens the campaign but does nothing to soften it, says NUS law professor Gabriel Kor.
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MPs raise concerns over shorter timeline for signature collection as law passed to lower en bloc thresholds
Replacement costs and support for elderly residents were also mentioned by MPs during the debate.
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Former HUDC estates hopeful about hitting en bloc thresholds under proposed collective sale measures
These former HUDC estates sit on sprawling sites and are reaching the mid-point of their 99-year lease, and could yield far more homes if redeveloped, say analysts.
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New law proposed to lower en bloc thresholds for older condominiums
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.
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Housing developers of large en bloc projects to get more time to sell units under revised ABSD rules
The extension to the ABSD remission timeline for housing developers of large-scale en bloc projects will help contribute to additional housing supply, says the Ministry of Finance and Ministry of National Development.
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Tan Boon Liat tenants brace for break-up of furniture hub after en bloc sale
As Tan Boon Liat Building changes hands, furniture retailers are grappling with an uncertain future, with some hoping to relocate together to preserve the community.
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People’s Park Centre back on market with lower S$1.48 billion price guide after failed 2022 en bloc sale attempt
The iconic Chinatown development was put up for sale at S$1.8 billion four years ago but drew no bids.
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