Money and Me: Proposed En Bloc Rules : Could Your Condo Be Next?

Singapore is proposing significant changes to its en bloc rules, potentially making it easier for some ageing developments to be sold collectively - even when a sizeable group of owners wants to stay. Michelle Martin speaks with Daniel Sim, Founder of Golden Goose Properties, about what really drives a successful collective sale, how homeowners can judge whether an en bloc payout is enough to buy a suitable replacement home, and the protections for owners who oppose a sale. With the new changes, how will you be able to tell if  an en bloc is a windfall or a disruption? Here is what you need to know.See omnystudio.com/listener for privacy information.