"I am a BLOGGER NOT an expert. This is a BLOG not a 'go-to' website for official information. I represent no one's view save my own. I have neither legal nor financial training, nor do I have anything to do with the real estate industry. My understanding of the Collective Sale Process is from a layman's position only. My calculations, computations and tables are homespun and may contain errors. Please note that nothing in this blog constitutes any legal or financial advice to anyone reading it. You should refer to your lawyer, CSC or financial adviser for expert advice before making any decision. This disclaimer is applicable to every post and comment on the blog. Read at your own risk."
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There is one thing worse than an Enbloc ----- and that is an Enbloc done badly. Since the majority have the necessary mandate to sell, then they owe it to all SPs to make a success of it. Minority SPs can only watch and wait, if they sell then lets pray it's at a price we can move on with, if they don't sell, then we are happy to stay for a few more years.


When the Government sells land to the developers it keeps it's reserve price top secret. 
In en bloc sales the reserve price is an open secret.

In Government land sales NO PRIVATE SALES are allowed, it's all STRICTLY by public tender.

In en bloc sales, the sale is through public tender , auction or private sale. From experience we know the tender is a statutory exercise, a sham, the real deal is done privately, behind doors, at midnight, in a very non-transparent manner.


  1. it would be good to note whether recent enblocs are sold at the reserve price or higher.

  2. A quick look:

    Pender Court: RP 100m - Sold 95m June 2010

    Toh Tuck: RP 35.5m - Sold 33.9m Aug 2010

    Goodrich Park: RP 85m - Sold 86m Jul 2010

    Culford Garden : RP 37-40m - Sold 39m Apr 2010

    Glenville: RP: 38-40m - Sold 39.5m Oct 2010

  3. Reserve price is one figure, not a range. What is have under reserve price is actually the asking price published by the MA. The asking price is always higher than the reserve.