Talk of en bloc fever flaring up again next year

Drop in unsold inventory and moderate land supply cited as reasons

Speculation is rife that the collective sale 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, global real estate services firm JLL said.

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A version of this article appeared in the print edition of The Straits Times on December 23, 2020, with the headline 'Talk of en bloc fever flaring up again next year'. Subscribe