En BlocThe Other Owners Agreed To An En-bloc Right After I Moved In: Now What?

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Ryan J Ong

Ryan is an old school print journalist gone digital. He's lived in almost every type of housing in Singapore, from flats to landed homes. Over the past 18 years, he's been a content developer for companies large and small, a co-founder in an education business, and sometimes a voice on the radio. He also spends too much time and money on painting little plastic soldiers.

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Chris
Chris

Hi Ryan,

If today I buy a condo apartment for $1200psf and 2yrs later it get en-bloc. Is it possible that I might get back less than I pay for the apartment (excluding the renovation cost)?

Aizen
Aizen

Hi Ryan, Is SSD of 3 years counts when we exercise or after completion of purchase?

Stacked Homes
Stacked Homes

Hi Aizen! SSD is counted from the purchase date. According to IRAS website:
In most instances, the date of purchase/ acquisition of a property refers to:
Date of Acceptance of the Option to Purchase* or
Date of Sale and Purchase Agreement or
Date of Agreement for Lease (for new HDB flat) or
Date of Transfer where the above (a), (b) and (c) are not applicable
*Excludes an option to Purchase that is subject to the execution/ signing of the Sale and Purchase Agreement

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