Proposed en bloc law changes could make collective sales easier for ageing developments

Ageing private developments could find it easier to undergo collective sales under proposed changes to Singapore's en bloc rules. The amendments would lower the owner consent threshold for buildings aged 40 years and above, while introducing stronger safeguards for owners who do not wish to sell. Industry observers say the changes could support urban renewal, increase housing supply and rejuvenate older commercial districts if passed by Parliament. Natalie Ong reports.