En Bloc

Do Not Agree To An En-Bloc Sale Until You Read These 5 Factors

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Ryan J

A seasoned content strategist with over 17 years in the real estate and financial journalism sectors, Ryan has built a reputation for transforming complex industry jargon into accessible knowledge. With a track record of writing and editing for leading financial platforms and publications, Ryan’s expertise has been recognised across various media outlets. His role as a former content editor for 99.co and a co-host for CNA 938’s Open House programme underscores his commitment to providing valuable insights into the property market.

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Keong Soh
Keong Soh
2 years ago

The fairest apportionment method is to use land share that is used to build the unit. The value is then proportional to the size down to the square cm. After all it is land that is being sold. Whatever value the high floor had offered excess to the land share required to build the unit had already been enjoyed and consumed. The price paid will most likely reflect this. If there wasn’t time since purchase to maximise utilisation, then that is the risk of an investment be it only for accommodation and some will be for speculative purposes and hence subject to risks. Management fees should also be proportional to land share.

HST
HST
7 months ago

Enbloc committee team should be able to know whether an owner is still within the SSD period by looking at previous sales data for the said development.

And with that, developer will be able to work a sum to make sure that all recent new owners will not incur a financial loss thereby not giving them a chance to appeal to STB.

Is this understanding correct?

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