What Does It Mean?
En Bloc Sale
An en bloc sale (collective sale) occurs when owners of at least 80% (for developments over 10 years old) or 90% (under 10 years) of strata area and share value agree to sell the entire development to a single buyer, usually a developer for redevelopment.
Collective Sale
A collective sale is the process by which individual unit owners in a strata development collectively agree to sell the entire property. The sale is governed by the Land Titles (Strata) Act and requires approval from the Strata Titles Board if not all owners consent.
Worked Example
Example en bloc scenario for a 100-unit development on 50,000 sqft land:
En bloc potential is highest for developments with short remaining leases, low plot ratios, and large land areas in desirable locations.
Why It Matters
En bloc potential is a key investment factor for older condos. Properties in prime locations with large land areas and low existing plot ratios offer the highest en bloc premium potential.
Where to Find This on ShiokNest
- Property detail pages (En Bloc Score)
- Insights tab
Look for the tooltip icon next to this metric on ShiokNest for a quick reminder of its definition.
Official Sources
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Frequently Asked Questions
How long does an en bloc process take?
What if I don't want to sell in an en bloc?
This glossary article is auto-generated from ShiokNest's financial data and updated periodically. Rates and figures are current as of March 2026. Check official sources for the latest.