Could en-bloc fever start again in 2021?

Private home prices could rise by 2 to 5 per cent next year, with between 9,000 and 10,000 new units sold.
Private home prices could rise by 2 to 5 per cent next year, with between 9,000 and 10,000 new units sold.PHOTO: ST FILE

SINGAPORE - Speculation is rife that the en-bloc market could kick off again next year due to the continued drop in unsold inventory and a conservative slate of sites on the Government Land Sales (GLS) programme.

The number of unsold units has dropped for six straight quarters, with new private home sales outperforming expectations despite the recession, JLL said.

Please or to continue reading the full article.

Get unlimited access to all stories at $0.99/month
  • Latest headlines and exclusive stories
  • In-depth analyses and award-winning multimedia content
  • Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months*

*Terms and conditions apply.