En Bloc Fever Collective Sales News Singapore2020-03-25T11:21:55+08:00
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En Bloc Singapore 2020

Latest News and Sales

Tender Close in March 2020

  1. The ArcadeTender Extended 
  2. Singapore Shopping Centre

Private Treaty Sale

  1. Vicenta Lodge

Commercial En Bloc Sites in Progress

Some are getting the 80% signatures While Others are Ready to Launch Soon

  1. Riverwalk
  2. Fook Hai Building
  3. High Street Centre
  4. High Street Plaza
  5. International Plaza
  6. Adelphi
  7. Textile Centre
  8. Peace Centre

En Bloc Singapore Database

Everything You Want to Know

Easy Navigation, Click & Go

EnBloc FAQ (Frequently Asked Questions)

We Have Collected List of Questions Related to En Bloc Sale and You May Find the Answers All Below

2 Types of Failure: Fail to Launch and Fail to Find Buyer.

Fail to Launch. Collective Sale Committee needs to obtain minimum 80% consent from the owners before the launch of the tender. If the target number is not reach within the time period, then the whole en bloc process ends or fail.

In order to re-initiate the collective process again will take some time. (See Example: Mandarin Gardens)

Fail to Find Buyer. As per the regulations of the Strata Title Board, a buyer needs to be found within 12 months after obtaining the 80% consent. If a tender fails to attract bids the CSC can launch the property again through a fresh tender offering more incentive to the developers.

The CSC also has the option to enter into a private treaty with developers if they don’t find any bidders. These options have to be exercised within the 12-month period.

After the expiry of the 12-month period the whole process of gathering consent has to be repeated in case the owners want to test the waters again.

For More Information See En Bloc Process 

Once En Bloc is SOLD, they still need approval from STB to issue a Sales Order.  And before a sales order can be granted, the minority is given a chance to object based on grounds of “not in good faith” or other material or valid reasons that can stop a collective sale.

The STB acts a mediator to solve these problems and if the minority insists that they want to take the matter to the high court, then a stop order will be issued.

If the minority decides not to contend further, the STB will issue a sales order. Once granted, they will then proceed the completion of the sale.

If there is 100% owners’ signatures, then STB’s approval is not needed.

It takes between 1.5 years to 3 years for any project to complete the en bloc sale process. Once the property is successfully sold to a developer the proceeds are distributed to the sellers within a period of six months or so.

The owners or their tenants get between 3-6 months to vacate the property from the date of completion. The developer gets the property in vacant possession.

There are mistakes that can result in failure of the initiative. The most common mistake is overpricing the property as this turn off the interest of buyers.

For the recent en bloc fever that lasted only 14 months from May 2017 to June 2018, the developers were hungry and had to replenish their land banks.  Hence, when the collective sale reached $20 billion sales, the government introduced the 6 July 2018 cooling measures to cool down excessive exuberance.

The government has the foresight to be concerned that $20 billion sales is enough to supply new condominiums to Singaporeans who aspire to upgrade from their current properties for the next 5 years.

Hence, the recent government land sales (GLS) had seen some land prices dropping more than 20% in the same location.  Putting an enbloc project up now will mean lower prices for the owners and that will make it even more difficult to convince the owners to sell as prices are lower than expectations.  Hence, it is better for owners to wait for better market sentiments to launch their en bloc projects.

For some owners who thought that their en blocs will sure go through, they  bought their new home too fast before the completion of the sale.

There are some cases the objectors won in high court or in rare cases, developers even aborted the sale. These can cause failure in en bloc sale.

If there are no sale proceeds, the owners end up in financial crises, thus buying a new home too fast before completion is never a good idea.

There are several reasons when en bloc sales end up in the High Court. The most common reason being when individual property or a certain group objects to the collective sale over disagreement with respect to reserve price or method of apportionment.

Dissenting owners usually approach Strata Titles Board with their objections and in most cases STB initiates mediation to solve the disputes. If all efforts at mediation fail, a Stop Order is issued and the case reaches the High Court.

Pre-Application Feasibility Study (PAFS) on traffic impact is required for certain properties before they hit the en-bloc market. This is mandated by the URA (Urban Redevelopment Authority) and the LTA (Land Transport Authority).

This Study is done to understand the impact on the traffic once the old development is razed and a new property comes up adding significant number of dwellings.

The Outline Application and the Development Application under this detail traffic impact and traffic management measures and/or feasible transport improvement plans that shall be implemented in the new development.

At present the PAFS is applicable for properties that are Zoned Residential, Residential cum 1st Storey Commercial and Commercial & Residential properties as per the 2014 Master Plan.

There are series of steps in an en bloc sale that include calling an EOGM, hiring a professional team, discussing the agreement & fixing reserve price, obtaining consent, launching the tender and legally handing over the property.

It can take anywhere between 18 to 36 months for the entire process to materialize provided there is no Stop Order obtained from the Strata Titles Board or the objection reaches the doors of the High Court.

For More Information See En Bloc Process 

The Selective En bloc Redevelopment Scheme or HDB en bloc (Popular Known) is a scheme that has been initiated by the Housing and Development Board in Singapore wherein they select older flats in specific locations which undergo demolition and redevelopment. Under the SERS package flat owners receive rehousing benefits as well as compensation.

The En Bloc market is volatile and there are times of extreme enthusiasm whereas at other times the market is cold.

In en bloc parlance ‘Lucky Star’ refers to those properties that find successful bidder in even when the market is cold.

Such sales have the potential to override the negative sentiments in the market. They facilitate new sales and create a domino effect and hence they are termed as “Lucky Star”.

See Casa Sophia and Sophia View

Singapore being one of the financial centres in the world has seen constant economic boom. It is also one of the favoured transit points in Asia, a great tourist destination, educational hub and a shopper’s paradise.

All this has created a huge need of hotels, restaurants, cafes, financial services etc. As space is scarce in Singapore old commercial structures give their way to new ones.

Old commercial properties are sold collectively to developers to allow them use the space far more efficiently and build taller and roomier structure and maximize the use of plot ratio.

This allows sellers to earn huge premium on their properties compared to selling them individually and investing in their business.

Commercial En Bloc sales are more incentivised for the developers as compared to residential properties.

Commercial en bloc sales allow foreign individual and companies to acquire properties which increase the scale of the market. The hospitality market in Singapore is booming and hence developers have the option of converting commercial sites into hotels (subject to URA approval).

But the biggest incentive for the developers is the relief from ABSD (Additional Buyers Stamp Duty) which is payable only in residential en bloc acquisition.

GLS or Government Land Sales is a simple process compared to en bloc sales. And developers prefer them over en bloc projects due to fast completion as they need not give the owners 3 to 6 months’ time to move out of the properties.

Also, there is no need to demolish any old buildings which will save a lot of money.  However, all GLS land sales for residential properties is on 99 years lease tenure.

In the en bloc market, developers can acquire lands that are freehold in tenure.

We expect developers who are strong in their financials and doing well in their new launches to continue to scout for good land sites to replenish.

This can be seen from the recent biddings on Irwell Bank Road which still garnered 9 bids but it was below expert’s expectation and was sold only at $1515 psf ppr in district 9.   Bartley land in district 13 was also just sold for $885 psf ppr.

Developers are also keen on good residential cum commercial sites or pure commercial sites or hotel sites in good locations.

Undoubtedly, there will be fewer successful residential en bloc projects this year in 2020 but we believe that any land that is “right” pricing will still attract developers to bid as they also do not want to repeat the fever in 2017 to 2018 where they were caught buying at high land prices.

En bloc is a French term that literally translates into “collectively” or “all together”. En bloc sales in real estate refer to sale of the entire property by the individual unit holders collectively.

If 1 Owner Who Owns the Entire Property and sold it to another Buyer, then it is not consider en bloc sale.

An anti-en blocker is a person or a group in a property who oppose the en bloc sale being initiated by the Collective Sale Committee.

There are many debates to a collective sale.   Often an old building poses some real maintenance issues that can run up to hundreds of thousands of dollars and pro en blocker will prefer to sell and make a profit instead of spending so much money maintaining their estate.  And for many, is good retirement money.

However, the anti-blockers has many sweet memories with an old place; for some, it could be their first marital home, for others, they grew up there and for many who just bought and move in, the convenience of schools for children and the space that comes with it is becoming hard to find and very precious.

For these reasons, they become the “victims of en bloc sale”. Having found their dream home, and being forced to sell their properties through collective sale and even have to pay the seller’s stamp duty are simply too much to bear.

Many anti-en blockers found themselves helpless when 80% owners consented the sale living in the same project and they have to endure much stress and distress during the whole process.

If a buyer is found and sold en bloc, they have to relocate even without their consent.

So the debate continues…..

Collective Sales or En Bloc Sale refers to all the unit holders in the property selling their units collectively to a buyer. This allows them to get a higher price than in the normal realty market.

There must be a consensus among the majority owners for the sale of the property collectively as mandated by the regulations. They also need to agree on the valuation of the property and methods use for the division of the sales proceeds.

The process has to undergo different stages and meet regulatory guidelines.

Once an En bloc tender fails to attract any bids above the reserve price, it automatically goes into a 10 week private treaty where they must find a buyer who will pay the valuation or the reserve price whichever is higher, failing which the collective sale committee will have to reconsider launching another tender if there is still time.  (For a collective sale process, it is necessary to sell the project within 1 year of getting the 80% signatures)

Properties that do not go through the collective sale process and can get 100% consensus to sell are usually small projects, or a stretch of landed properties that come together to sell collectively.

Hence, they will use this private treaty method to sell collectively. This private treaty process is thus not tied to any time frame of getting a buyer.

And if they agree to launch a tender, they are also not tied to any time frame as they did not start the collective sale committee.

Once they have started the collective sale process, it is necessary under the Land Title Strata Act (LTSA) that they have to launch a tender or an auction.

Collective Sales in Singapore is driven by several factors. Owners of old buildings often tend to opt for Collective Sales to avoid increased maintenance cost and the cost of renewing the leases as the balance starts to shrink.

Also, Collective Sales is profitable for owners in prime locations where the demand for land is high.

There are some owners who look at Collective Sales as a way to early retirement when the proceeds from such sales is huge.        

There are various reasons why some owners refuse to sign up for collective sale. Their objection may be due to the lower than expected reserve price being set by the Sale Committee; the payout is not sufficient to compensate their relocation.

For many, they cannot accept the method of apportionment which they find not in their favour.

For some who just moved in less than 3 years, paying the extra seller’s stamp duty (SSD) is really upsetting.

For some, more money does not attract them because they value their homes much more than the payout.

Seller’s Stamp Duty is payable on properties sold within a short term from the purchase. Since the last cooling measures were announced in July 2018 sellers have to pay between 4% and 12% of the selling price for SSD for properties sold within 1-3 years from the date of acquisition.

New property owners are obviously unwilling to pay such high taxes.

En bloc in Singapore is the process where property owners sell their properties collectively instead of selling them individually in the market.

En bloc sales are far more popular in Singapore than elsewhere in the world. In a city like Singapore where land is scarce en bloc sales have become the most popular means for developers to acquire land bank.

En bloc sales also offer sellers good return on their investments. Originally, it started in prime districts 9,10,11 and now has spread to city fringe and all parts of Singapore.

A residential en bloc sale is one where majority of the home owners (80% as required by regulations) collectively launch their property for sale via a tendering process.

The owners set the reserve price for the property and also define the method of apportionment of the receivables. In such sales the owners earn from the sale proceeds based on the size of their units or the share value in the property.

 

The residential En Bloc sale market in Singapore is in near frozen state for more than a year. The en bloc market which was booming till the second quarter of 2018 received a jolt when the government announced new cooling measures in July 2018.

This was done to check the oversupply of properties in the market. The cooling measures announced increased the remissible ABSD Rate for the developers which effectively took it to 25% from the previous 15% (if they cannot sell out in 5 years) and there is non-remittable 5% ABSD which is payable immediately once they bought the site.

This was a big blow for the developers who instead started looking for investment opportunities in the commercial segment. Furthermore, Urban Redevelopment Authorities’ restriction on the maximum number of units that a developer could build added a further blow.

The current regulations stipulate the GFA to be divided by 100 square meters (certain areas are affected) to determine the number of units that can be built. This regulation came into effect in January 2019 and has further driven away developers from residential en bloc sales.

En Bloc sale offers developers an opportunity to redevelop the space and add more units thus opening up the opportunity for increased profitability.

Hence the developers are willing to pay substantially higher price for the property compared to the selling price of the individual units in the regular market.

Property owners can make 50% premium or even more in collective sales than selling their property individually.

See PropNex En Bloc Services

There are several contributing factors that help in certain properties earning the En Bloc potential tag. The three most dominant factors are the price of land in the district, the pattern of ownership and the plot ratio.

If the site has a favourable plot ratio, lower development charges and higher land prices than surrounding areas it earns an En Bloc potential tag. Freehold properties are more favourable in the market as compared to those under lease.

High lease balance is also an incentive for any property. Other factors include size of the plot, shape of the plot, access to major roads, proximity to MRT Stations, zoning as per Master Plan etc.

En Bloc Sale Process Singapore Step by Step Guide
En Bloc Process

En Bloc News & Sales

See En Bloc List For More News

Huge Collections Of En Bloc News From 2017 to 2020, Including Failed and Unsuccessful Enbloc Sales

Click “Load More Posts” To See More News

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Vicenta Lodge En Bloc Sale 2019 – Attractive Freehold Site

Vicenta Lodge Collective Sale

Attractive Freehold Site

Condo Near Kembangan MRT

Vicenta Lodge

Commercial En Bloc Sales Continue to Shine in 2020

More Will Be Expected to Launch in Coming Months

Market Analysis and Report of 2018, 2019 & 2020

Sophia View En Bloc SOLD in 2019

Sophia View – Lucky Star of 2019, One of the 2 Residential Collective Sites SOLD in 2019

Selegie Centre SOLD En Bloc in 2019

Selegie Centre Became the First Commercial Site that SOLD En Bloc in Early 2019

Collective sales of commercial properties saw a considerably rise in the past year as compared to sale of en bloc residential sales following cooling measures that were taken in 2018. This trend is likely to continue in 2020 as well.

According to market analysis data released, as of December 2019, around 40 sites have been launched for collective sale.

The report revealed that a total of 6 sites were sold for a cumulative price of S$490 million and 2 of these 6 sites was completely a residential site.

Sophia View, the residential collective site was sold for S$9.28m in mid-2019 as well as Casa Sophia sold for S$29 million in late December 2019. Both sites are located in prime district 9.

Another block of shophouses and apartments on 2–24 Phoenix Road was bought for S$42.6m in July by Qingjian Realty (South Pacific) Group’s subsidiary holding.

As for the remaining 3 sites that were collectively sold, one was the Min Yuan Apartment which is reportedly being fashioned as a hotel to be run by the Fragrance Group. Additionally, another two commercial sites went under sale in 2019.

It is worth noting that commercial or non-residential sites as well as small sites found more takers and were increasingly in demand by investors and developers alike.

This was mainly due to the huge rise in ABSD or Additional Buyer’s Stamp Duty that is in place since July 2018.

In the first half of 2019, 3 sites were purchased by developers and investors. Two big commercial sites, namely Selegie Centre and Realty Centre together accounted for majority of the sale bringing in nearly S$268 million.

Out of the 40 odd sites that went for sale in 2019, Riverside Piazza located near Clarke Quay whose last date of tender submission was December 19, 2019 has now entering a private treaty negotiation.

Katong Plaza on the other hand whose tender closed on the same date has got an EOI from an undisclosed buyer.

En Bloc 2018 – 2nd Highest Record Sales

2007

Highest En Bloc Sales Recorded

S$11.51 billion

2018

2nd Highest Sales Record

S$10.836 billion

In the reports on collective sales, it needs to mention that collective sale cycle reached its sales peak in 2018 with a total transaction value reaching S$10.836 billion.

However, majority of the sale (nearing about S$10.396 billion) took place before July 2018 – the time when the cooling measures were implemented.

Once the cooling measures came to force, developers almost lost their interest in residential re-development projects which thus slowed the collective sales of residential properties. 

Only 3 sites worth S$440 million were sold in the remaining months of 2018.

2 of the sales came from non-residential properties. Waterloo Apartments and Golden Wall Centre were respectively sold for S$131.1m and S$276.2m.

The third site and the Only residential site sold in the latter half of 2018 was Phoenix Heights which was bought for S$33.1 million.

This trend of interest and en bloc commercial sales continued in 2019 as well.

En Bloc Record Sale Singapore 2018 & History

En Bloc Singapore 2018 Top 5 Collective Sale

En Bloc Singapore History Top 5 Sale

Commercial En Bloc Sales Interest Remain High

Developers Scouting Hotel Sites

It is True that Developers are Interested in Commercial En Bloc Sites that Can Convert to Hotel Use.

It is Also True that Developers Are Avoiding En Bloc Sites that has Ridiculous or High Asking Price

Price Attractively and Correctly

It Will Do the Wonder…

According to market report, developers gained increased interest in commercial properties in 2019 while residential redevelopment projects took a back seat due to the cooling measures.

There has been an increased investment in the hotel sector mainly due to the rise in visitor arrivals and there being a tightening of supply pipeline.

Thus, some commercial en bloc sites have been sold and converted to hotel development.

However, though there seems to be an increased interest in commercial collective sale, this does not necessarily mean that there is a rise in the sales of collective commercial properties.

There hasn’t been a lot of success in the collective sale of commercial properties and the main buying activity has been limited to office spaces and mixed-use buildings and shophouses.

It is noted that the current challenge is to get all the owners of collective commercial properties to mutually agree on a reasonable pricing band as well as a standardized apportionment method that would distribute the gross sale proceeds properly among the multiple property uses.

Developers Interest in Residential En Bloc Sales Still Remain Low

En Bloc Sales Singapore Enter Winter Season

Residential Collective Sales Still in “Winter Seasons” Developers and Owners Keep Praying Cooling Measures Lifted

This Can Only Happen in their Dream But Don’t Dream Too Much…

Market analysts are predicting that in 2020 the interest in residential collective sales would continue to remain muted mainly because developers would be cautious.

They said that in 2020 the general sales value is likely to be significantly low, especially when compared to the heights in sales that was seen in 2017-18. Thus, collective residential en bloc sales would be lesser when compared to sale of commercial properties.

Market analysts estimates, there may be a few takers for smaller collective residential sites that costing less than S$200 million as there remains a steady interest in the sale of residential units.

There are always small and medium-sized developers who are still continue looking for lands to redevelop.

However, the demand for larger residential sites will be subdued considering the high risks that come along the sale the lengthy sale process and the additional restraint of 5-year ABSD remission period.

It is noted that though more commercial and non-residential will put up tender notices for sales in 2020, a sale would only be potentially successful when developers could be convinced that the asking price of properties as listed by sale owners are actually economically viable propositions.

Collective sales of residential properties would draw lesser interest, at least till the middle of the year as developers would be busy selling all their pre-existing inventory.

Developers could possibly turn their attention to GLS or government land sales which would mean they could easily shore up a sizeable landbank.

Why Must Sell Your Property En Bloc Now

PropNex En Bloc Services

CBD En Bloc Sales

Developers All Eyes at District 1 Office Sector

The Arcade Offer Ambitious Developer to Build a Modern Magnificent Skyscraper in Singapore CBD

Collective sales of commercial properties are likely to increase according, especially in the city’s office sector due to the increasing number of real estate investments across the border as there is a growing confidence in the fundamentals of the matter.

Developers will continue to invest in the office sector because of the incentives attached to redeveloping old CDB building which includes higher plot ratio, tighter vacancies, rise in rents and a lighter supply pipeline.

CBD En Bloc Sales

One of the En Bloc Sites that is launch in CBD area will be “The Arcade”. The Arcade Singapore @ 11 Collyer Quay covers a land area of 21,909 square feet and has a gross plot ratio of 15.

This means that the new developer can build a magnificent 50 storey high skyscraper in the Singapore most prestigious location.

What will attract the buyer the most will be the 999-yr leasehold tenure. It is very rare to find one in Central Business District.

Will Singapore En Bloc Sales Continue in 2020?

Developers Still Need to Monitoring the Market Before Turn on the Buying Mode Again

Developers Still Need to Monitoring the Market Before Turn on the Buying Mode Again. They are Only Interested Buying New Lands for Redevelopment Once the Market Goes North, Cooling Measures Tweaked or Lifted.

According to market analysis, developers could be more interested in buying more lands if their sales maintain current momentum and if the GLS supply remains low.

It is predicted that if unsold inventory of residential units would come down to about 24000- 26000 by the end of the current year then it would make developers hasten their interest in land banking the following year.

Many has Pointed out that the sale of commercial sites which are closer to MRT stations, have a considerably good plot ratio, with a possibility of adding more storeys and availability of necessary amenities would be attracting more buyers.

Besides The Arcade tender closing in March 2020, Katong Plaza which has obtained for approval to hotel is awaiting tender results in Feb 2020.

There are a number of commercial en bloc sites that are in progress; getting the 80% signatures such as:

  1. Riverwalk
  2. Fook Hai Building
  3. High Street Centre
  4. High Street Plaza
  5. International Plaza
  6. Adelphi
  7. Textile Centre
  8. Peace Centre

It remains to be seen whether these sites can be launched for tender in year 2020.

There is a continual demand of commercial en bloc sites as long as the property meets all the requisite requirements of the buyer.

According to estimations, investors who are looking to preserve their wealth will be looking for prime sites while those looking for higher ROE , would look for sites that have high redevelopment potential and are located in areas that will see future development and regeneration.

Other factors would also play a deciding role such as whether the site can only be used in its limited ways as currently existing or there are several broader development choices available. Government’s plan for the particular area would also be a deciding factor.

Furthermore, if the authorities do not allow lease top up for certain commercial properties, it can also become a deciding factor for strata sale developers.

Other than developers, end-users who may be looking to develop flagship building may also be interested in commercial buildings.

Commercial En Bloc SOLD List

  1. Realty Centre En Bloc SOLD in 2019 (Latest)
  2. Selegie Centre En Bloc SOLD in 2019
  3. Century Warehouse En Bloc SOLD in 2018
  4. Golden Wall Centre En Bloc SOLD in 2018
  5. Waterloo Apartments En Bloc SOLD in 2018
  6. 336 RV En Bloc SOLD in 2018
  7. Chinatown Plaza En Bloc SOLD in 2018
  8. Pei Fu Industrial En Bloc SOLD in 2018
  9. Citimac Industrial Complex En Bloc SOLD in 2017
  10. Goh & Goh Building En Bloc SOLD in 2017
  11. Elite Building En Bloc SOLD in 2017
  12. Tai Wah Building En Bloc SOLD in 2017
Singapore En Bloc SOLD Properties List

En Bloc SOLD in 2019

Total Sales = S$490 million

  1. Casa Sophia En Bloc Sold S$29 million
  2. Min Yuan Apartment En Bloc Sold S$141 million 
  3. 2–24 Phoenix Road En Bloc Sold S$42.6 million 
  4. Sophia View En Bloc Sold S$9.28 million
  5. Realty Centre En Bloc Sold S$148 million
  6. Selegie Centre En Bloc Sold S$120 million

En Bloc Sold in 2018 

Total Sales = S$10.8 Billion (Est)

  1. Pacific Mansion En Bloc SOLD $980 million
  2. Tulip Garden En Bloc SOLD $906.9 million 
  3. Park West En Bloc SOLD $841 million
  4. Pearl Bank En Bloc SOLD $728 million
  5. Goodluck Garden En Bloc SOLD $610 million
  6. Brookvale Park En Bloc SOLD $530 million
  7. Dunearn Gardens En Bloc SOLD $468 million
  8. Chancery Court En Bloc SOLD $401.78 million 
  9. City Towers En Bloc SOLD $401.1 million
  10. Park House En Bloc SOLD $375.5 million 
  11. Cairnhill Mansions En Bloc SOLD $362 million
  12. Katong Park Towers En Bloc SOLD $345 million
  13. Asia Gardens En Bloc SOLD $343 million
  14. Casa Meyfort En Bloc SOLD $319.88 million 
  15. Landmark Tower En Bloc SOLD $286 million
  16. Golden Wall Centre En Bloc SOLD $276.2 million 
  17. Chinatown Plaza En Bloc SOLD $260 million 
  18. Olina Lodge En Bloc SOLD $230.9 million
  19. The Estoril En Bloc SOLD $223.938 million 
  20. Eunos Mansion En Bloc SOLD $220 million
  21. Hollandia En Bloc SOLD $183.38 million
  22. Makeway View En Bloc SOLD $168 million
  23. Kemaman Point En Bloc SOLD $143.88 million
  24. Waterloo Apartments En Bloc SOLD S$131.1 million
  25. 336 RV En Bloc SOLD $124.10 million
  26. Toho Mansion En Bloc SOLD $120.43 million
  27. Peak Court En Bloc SOLD $118.88 million 
  28. Kismis View En Bloc SOLD $102.75 million
  29. The Wilshire En Bloc SOLD $98.8 million
  30. Villa D’Este En Bloc SOLD $93 million
  31. Balmoral Gardens En Bloc SOLD $83 million 
  32. Pei Fu Industrial En Bloc SOLD $76.25 million 
  33. Cairnhill Heights En Bloc SOLD $72.6 million 
  34. Riviera Point En Bloc SOLD $72 million
  35. Century Warehouse  En Bloc SOLD $48.5 million (Latest)
  36. Katong Omega En Bloc SOLD $46.31 million
  37.  3 Telok Kurau Bungalows En Bloc SOLD $37.89 million 
  38. Pomex Court En Bloc SOLD $37.6 million 
  39. Phoenix Heights En Bloc SOLD $33.1 million 

En Bloc SOLD in 2017

Total Sales = S$8.7 Billion

  1. Tampines Court En Bloc SOLD $970 million
  2. Amber Park En Bloc SOLD $906 million
  3. Normanton Park En Bloc SOLD $830.1 million
  4. Eunosville En Bloc SOLD $766 million
  5. Florence Regency En Bloc SOLD $629 million
  6. Rio Casa En Bloc SOLD $575 million
  7. Serangoon Ville En Bloc SOLD $499 million
  8. Royalville En Bloc SOLD $477 million
  9. Citimac Industrial Complex En Bloc SOLD $430 million
  10. Vista Park En Bloc SOLD $418 million
  11. Mayfair Gardens En Bloc SOLD $311 million
  12. Sun Rosier En Bloc SOLD $271 million
  13. Changi Garden En Bloc SOLD $248 million
  14. Nanak Mansions En Bloc SOLD $201 Million
  15. Crystal Tower En Bloc SOLD $180 million
  16. Parkway Mansion En Bloc SOLD $146 million
  17. Goh & Goh Building En Bloc SOLD $101.5 million
  18. Tai Wah Building En Bloc SOLD $84 million
  19. How Sun Park En Bloc SOLD $81 million
  20. 11 Balmoral Road En Bloc SOLD $73.8 million
  21. Derby Court En Bloc SOLD $73 million
  22. Casa Contendere En Bloc SOLD $72 million
  23. Jervois Gardens En Bloc SOLD S$72 million
  24. Albracca Condo En Bloc SOLD $69 million
  25. One Tree Hill Garden En Bloc SOLD $65 million
  26. Jervois Green En Bloc SOLD $52 million
  27. Elite Building En Bloc SOLD $52 million
  28. Dunearn Court En Bloc SOLD $36 million

En Bloc SOLD in 2016

Total Sales = S$1 Billion

  1. Shunfu Ville En Bloc Sold S$638 million
  2. Raintree Gardens En Bloc Sold S$334.2 million
  3. Harbour View Gardens En Bloc Sold S$33.25 million
En Bloc Sales in Prime Districts

District 9

  1. Casa Sophia En Bloc SOLD 2019
  2. Sophia View En Bloc Sold 2019 
  3. Park House En Bloc SOLD 2018 (Highest Record Psf)
  4. Pacific Mansion En Bloc SOLD 2018 (Blockbuster Sale)
  5. 336 RV En Bloc SOLD 2018
  6. Cairnhill Heights En Bloc SOLD 2018 
  7. Makeway View En Bloc SOLD 2018 
  8. Cairnhill Mansions En Bloc SOLD 2018
  9. Riviera Point En Bloc SOLD 2018
  10. Tai Wah Building En Bloc SOLD 2017
  11. Cairnhill Astoria 
  12. Trendale Tower
  13. Cavenagh Gardens
  14. Leonie Gardens 
  15. Elizabeth Towers
  16. Horizon Towers
  17. St Thomas Ville 
  18. The Regalia 
  19. Grange Heights 
  20. HighPoint
  21. Peace Centre Peace Mansion 
  22. Singapore Shopping Centre

District 11

  1. Chancery Court En Bloc SOLD 2018 
  2. Peak Court – En Bloc SOLD 2018 
  3. Dunearn Gardens  En Bloc SOLD 2018
  4. Derby Court En Bloc SOLD 2017
  5. Casa Contendere En Bloc SOLD 2017
  6. Dunearn Court En Bloc SOLD 2017
  7. Gilstead Mansion
  8. Goldhill Shopping Centre 
  9. Minbu Villa
  10. Gilstead Court
  11. Chancery Esquire
  12. Newton Lodge
  13. Watten Estate 

District 10

  1. Balmoral Gardens En Bloc SOLD 2018
  2. Villa D’Este En Bloc SOLD 2018
  3. Olina Lodge En Bloc SOLD 2018 
  4. Tulip Garden En Bloc SOLD 2018 (Blockbuster Sale)
  5. The Estoril En Bloc SOLD 2018 
  6. Toho Mansion En Bloc SOLD 2018
  7. Hollandia En Bloc SOLD 2018
  8. The Wilshire En Bloc SOLD 2018
  9. City Towers En Bloc SOLD 2018
  10. Royalville En Bloc SOLD 2017
  11. Crystal Tower En Bloc SOLD 2017
  12. One Tree Hill Garden En Bloc SOLD 2017
  13. Jervois Green En Bloc SOLD 2017
  14. Jervois Garden En Bloc SOLD 2017
  15. 11 Balmoral Road En Bloc SOLD 2017
  16. Ming Arcade 
  17. Gisborne Light 
  18. Sutton Place
  19. Pinetree Condo
  20. Dalvey Court
  21. Spanish Village 
  22. Holland Tower
  23. Fernhill Court 
  24. Sixth Avenue Centre
  25. Beaufort on Nassim
  26. D’Grove Villas Condo

District 1

  1. The Arcade
  2. Riverside Piazza
  3. People’s Park Centre 
  4. Merchant Building

District 2

  1. Realty Centre En Bloc SOLD in 2019
  2. Asia Gardens En Bloc SOLD in 2018 
  3. Chinatown Plaza En Bloc SOLD in 2018
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