Enbloc redevelopment can be either good or bad. There are many pitfalls along the way of going Enbloc. In order to proceed to the Enbloc stage, you must obtain 80% of the home owner’s (share value and area value) consent within a stipulated period for properties older than 10 years.
The rules are quite onerous and stringent and is governed by the Land Titles (Strata) Act – section 84A. Along the years, additions and amendments by the ministry of law to the enbloc law have made the Enbloc rules even tighter.