06/08/2026
What does this mean and how it will affect the market?
Older developments with redevelopment (en bloc) potential may become more attractive to investors, because there is a greater chance that developers will acquire them in the future at a premium.
Here’s how it affects the market:
* Higher en bloc potential → Developers are more willing or able to redevelop older projects.
* Investor demand increases → Investors start looking for older condominiums with large land size, low plot ratio, or ageing leasehold/freehold projects that could be sold collectively.
* Prices of suitable older developments may rise → Increased demand can push up resale prices, especially for developments with realistic en bloc prospects.
* Owners may hold rather than sell → Existing owners may wait in anticipation of a future collective sale offer.
However, not every old condominium is a good en bloc candidate. Factors such as:
* Land size
* Remaining plot ratio (redevelopment potential)
* Location
* Number of owners
* Age of the development
* Current land values and developers’ appetite
all play a major role.
For property investors
If this trend continues, it may be worth considering:
* Older developments in mature estates.
* Projects with large land parcels.
* Developments where the land can potentially be intensified under planning rules.
* Properties that still offer decent rental yield while waiting for possible redevelopment.
The key point is that en bloc potential should be viewed as a bonus, not the main reason for investing. An investment should still make sense based on rental demand, location, price, and long-term capital appreciation. En bloc sales can take many years and are never guaranteed.
Summary:
If en bloc opportunities become more favourable, older developments with strong redevelopment potential may attract more investors. This can increase demand and support prices for selected projects. However, not every older development will go en bloc, so buyers should still choose properties with good fundamentals such as location, rental demand, and long-term growth. En bloc potential should be seen as an upside rather than the sole investment reason.