MPs Question Shorter Signature Timeline as Singapore Passes Law Lowering En Bloc Thresholds
Translated from English and summarized by DistantNews. Read the original for the full story.
At a glance
- Singapore passed legislation lowering en bloc consent thresholds to 70% for developments aged 40 to 59 and 65% for those aged 60 and older.
- The law raises the threshold to convene a collective-sale committee, halves the signature-collection period to six months and extends the restriction period after a failed attempt to three years.
- MPs raised concerns about the shorter timeline and the cost of replacement homes, while the government said the changes balance urban renewal with protection for non-consenting owners.
Singapore has lowered the consent thresholds for collective sales of older residential developments, while imposing tighter rules on how such sales can be initiated and pursued.
Under the law passed by Parliament on Tuesday, developments aged 40 to 59 will need the consent of 70% of owners, down from 80%. For developments aged 60 and above, the threshold will fall to 65%.
The amendments also raise the threshold for convening a general meeting to form a Collective Sale Committee. Support from 35% of owners will be required, measured either by share value or the number of units. The current requirements are 20% by share value or 25% by unit count.
The lower consent thresholds make board-based renewal more accessible for genuinely ageing developments
The period for a Collective Sale Committee to obtain signatures for a collective sale agreement will be cut from 12 months to six. If an attempt fails, the restriction period before another effort can begin will increase from two years to three years. Any new attempt during that period will face the higher requisition threshold.
Members of Parliament raised concerns about the shorter signature-collection period and the cost of replacement homes. Law Minister Edwin Tong described the changes as an โintegrated packageโ intended to make renewal more accessible for genuinely ageing developments while providing greater certainty and stronger protections for owners who do not consent. He said the measures should be considered together to maintain a balance between redevelopment and safeguards.
integrated package
Originally published by CNA in English. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.