SINGAPORE PROPERTY
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Price surge stokes en bloc hopes, but expectations gap a hurdle
Property owners pumped up by strong transaction volumes and prices, but developers fretting over thinning margins, more cooling measures
Published Mon, Apr 26, 2021 · 09:50 PM
Singapore
MORE properties could soon be put up for sale en bloc, as unit owners hope to cash in on resilient real estate prices in Singapore and developers' growing appetite for land.
But consultants are seeing "a mismatch in price expectations". That means deals might be slow to close or fall through entirely. Given this, potential buyers flocking to the collective-sale market should take pause.
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