While much has been said of the en bloc fever, the fact is that less than a third of collective sales sites have been sold so far this year. In other words, more than 30 collective sale sites failed to secure buyers since January. With the property cooling measures in place since July 2018, there has also been no new collective sales closed. To some, this means that the current en bloc “fever” has ended, after lasting about two years beginning with the sale of former Housing and Urban Development Company (HUDC) estate Shunfu Ville. The current fever lasted for a shorter period of two years in comparison with the previous three-year cycle which started in 2005 and ended in 2007. Most recently, three freehold projects’ efforts to be sold en bloc has been affected. The marketing agent of Boonview in Marymount Terrace and Le Wilkie in Wilkie Road, has resigned from handling their collective sales, citing challenges to the large gap between the owners’ expected price and the amount that the developers are willing to pay can be bridged. At the same time, Pasir View Park in Pasir Panjang has shelved its first attempt to go for en bloc sales. However, with all said and done, the value of en bloc transactions this year is currently at about S$10 billion, which already surpassed last year’s S$8.13 billion.