En bloc sale market in 2026 set to be more active, but challenges remain
Pain points for developers include high costs and limited redevelopment potential, say market watchers
[SINGAPORE] After another subdued year for collective sales, the market could see more activity in 2026 as financing costs fall and rules governing the en bloc sale process come under review.
Ageing condominiums put up for sale have struggled to close deals in recent years, with developers reluctant to match owners’ asking prices, preferring to pick up land from the government land sale (GLS) market instead.
There were five successful collective sales concluded this year, although at least 16 attempts were made based on data compiled by Knight Frank for The Business Times.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Middle East-linked energy supply shocks put Asean Power Grid back in focus
JLL Singapore cuts over 20 jobs or 1% of workforce; Knight Frank Singapore also lays off staff
How China’s young workers are securing their future even as AI disrupts job market, triggers pay cuts
DBS CEO Tan Su Shan strikes upbeat tone on deposits, wealth growth after strong Q1