After cooling measures, no more en-bloc already

According to this news article by Today, more than 30 collective sale sites failed to secure buyer since Jan 2018.

A couple of large sites such as Spanish Village and Elizabeth Towers have been unsuccessful in their enbloc ventures.

The ABSD rate of entities was 15% previously but became 25% during the recent cooling measures, and an additional non-remissible 5% for developers was also introduced.

We have recently prepared a map view of the various enbloc projects in Singapore and key information about these enbloc projects.

Leave a Reply

Your email address will not be published. Required fields are marked *