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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

Jessie Lim
Published Mon, Dec 29, 2025 · 07:00 AM
    • Tan Boon Liat Building, which was first marketed in February 2025 at S$1.15 billion, is targeting a fresh tender early next year.
    • Tan Boon Liat Building, which was first marketed in February 2025 at S$1.15 billion, is targeting a fresh tender early next year. PHOTO: BT FILE

    [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

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