The headline sounds like good news for supply: en bloc consent thresholds are coming down, so more ageing developments should clear the bar for a collective sale, which should mean more redevelopment sites and more future supply. But the 2026 pipeline shows the opposite. En bloc activity is shrinking, not growing, and it's concentrated in small freehold sites rather than the big developments the rule change was aimed at.
What the Bill Actually Changes
The proposed tiers: developments under 10 years old still need 90% consent, unchanged, and those 10 to 39 years old stay at 80%. The real change is at the older end: 40 to 59 years drops from 80% to 70%, and 60 years and above drops to 65%. The Bill also extends collective sales to some non-strata leasehold developments that were previously left out, and proposes stronger protection for owners who don't want to sell. As of early August 2026, it had only had its First Reading, so it isn't law yet.
The Cost Side Nobody Lowered
Move 2: What The Market Isn't Telling You Consent Was Never the Only Bottleneck+ Read → − Collapse
What a decade of managing strata developments teaches you that a consent-threshold headline doesn't: getting owners to agree was rarely what stopped a big en bloc in this cycle. The economics on the buyer's side were.
A developer buying a collective-sale site pays 35% ABSD on top of the price, a cost that doesn't apply to a standard GLS tender. It then has five years to sell every unit in the new project, or the ABSD remission it was counting on is clawed back in full. On a big site with hundreds of units, that's a tight, unforgiving deadline in a market where new launch sales have been slowing.
Lowering the consent bar to 65% makes it easier for an ageing development's owners to agree to sell. It does nothing to make that same deal more attractive to the developer who has to actually buy it, absorb the ABSD, and sell out fast enough to avoid the penalty. That's exactly why 2026's en bloc activity has stayed concentrated in smaller freehold sites, where the total ABSD exposure and the five-year sell-down risk are both far more manageable (PropertyNet.SG, 2026).
What This Means If You Own in an Ageing Development
A lower threshold is still good news if your development is 40 or 60-plus years old and owners genuinely support a sale, because it removes a real procedural hurdle. But it doesn't create developer demand out of thin air. For most large ageing developments, a successful en bloc still depends on a strong site: a good location, a useful increase in plot ratio, and a redevelopment case that works after ABSD and the sell-down deadline on its own merits, not just an easier vote.
Frequently Asked Questions
Has the en bloc threshold change become law yet?+−
What are the new consent thresholds?+−
Why hasn't en bloc activity increased despite the proposed changes?+−
Does this mean en bloc sales won't happen at all in 2026?+−
Should I expect my ageing condo's en bloc chances to improve because of this Bill?+−
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2. PropertyNet.SG, “Why Singapore's En Bloc Market Is Going Boutique in 2026: How 35% Developer ABSD Killed Mega-Sites,” 2026
This article is for informational and educational purposes only. It does not constitute financial, investment, or legal advice. Property investments involve risk. Past performance is not indicative of future results. Readers should seek independent advice from licensed professionals before making any property or financial decision. James Ong is a licensed real estate salesperson (CEA Reg No. R008385F) with PropNex Realty Pte Ltd and is not a licensed financial adviser.
James Ong | CEA Reg No. R008385F | PropNex Realty Pte Ltd
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