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The En-Bloc Conundrum: A Dream Deferred
The Topic: The "en-bloc" (collective sale) dream, where owners band together to sell their entire development to a builder for a massive profit, has been quiet.
Why it's Interesting: High interest rates, increased construction costs, and government cooling measures have made it incredibly difficult for developers to buy old properties and redevelop them.
Key Research Questions: Is the en-bloc dream dead for this cycle? What conditions are needed for the en-bloc market to return? For owners of aging developments, what happens now? Do they just sit and wait?
By Property InsiderThe En-Bloc Conundrum: A Dream Deferred
The Topic: The "en-bloc" (collective sale) dream, where owners band together to sell their entire development to a builder for a massive profit, has been quiet.
Why it's Interesting: High interest rates, increased construction costs, and government cooling measures have made it incredibly difficult for developers to buy old properties and redevelop them.
Key Research Questions: Is the en-bloc dream dead for this cycle? What conditions are needed for the en-bloc market to return? For owners of aging developments, what happens now? Do they just sit and wait?