En bloc sales booming in Singapore

Property-report.com, 20 Dec 2010Total residential en bloc sales in Singapore in the first 11 months of this year have nearly quintupled the amount for all of 2009, according to recent data from the Urban Redevelopment Authority (URA). So far in 2010, en bloc transactions have totalled S$862.3 million (US$653.7 million) up from last year’s total of S$176.3 million (US$133.6 million). Full story