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Predicting which condominium, **Parc Oasis** or **Lakepoint**, might undergo an en bloc first is challenging as it depends on various factors. However, here’s a breakdown of what might influence the decision:

### 1. **Age of the Development**
- **Parc Oasis**: Built in 1997, it’s 27 years old. While not extremely old, it's approaching the age where en bloc discussions may become more frequent. Condominiums typically start considering en bloc around 30-40 years, so Parc Oasis might be more likely to be targeted in the next few years.
- **Lakepoint**: Completed in 1994, it is 30 years old and could be more of a candidate for en bloc due to its age. Properties typically undergo en bloc consideration when they reach around 30 years or older, which places Lakepoint in the potential en bloc timeline.

### 2. **Development Size & Density**
- **Parc Oasis**: With 950 units, it's quite a large development, which may make it harder to reach a consensus for an en bloc sale due to the higher number of owners involved. Larger developments can take longer to gather the required majority vote for en bloc approval.
- **Lakepoint**: With around 304 units, Lakepoint is a smaller development. The smaller size could make it easier to reach the necessary 80% majority vote for an en bloc sale, potentially making it a more attractive target for redevelopment.

### 3. **Surrounding Redevelopment and Market Conditions**
- Both Parc Oasis and Lakepoint are located in the Jurong area, an area which has been undergoing significant transformation. With the development of the Jurong Lake District, there’s potential for higher demand for redevelopment in the area. However, Parc Oasis’ larger size and location near more established residential pockets may give it a slight advantage in terms of development potential, but this could change based on future market conditions.

### 4. **Ownership and Management Factors**
- The owners' willingness to sell is a critical factor. If the management and majority of owners at either development show interest in selling for redevelopment, it could accelerate the en bloc process. **Lakepoint** being a smaller development could have an advantage in reaching the majority threshold more quickly.

### Conclusion:
**Lakepoint** may be slightly more likely to undergo en bloc first due to its smaller size and the fact that it has already hit the 30-year mark, making it a more likely candidate. However, **Parc Oasis**, given its age and the potential surrounding urban redevelopment, could follow shortly if market conditions favor it.>> THIS SI JUST MY PERSONAL OPINION BASED ON " MORE LIKELY" >> EN BLOC IS SPECULATIVE >> WE CAN PREDICT IT ACCURATELY >> SO ADVISE: BASED ON YOUR PURCHASE ON THE KNOWN FACTORS SUCH AS:(1) PRICE AND FUTURE PROSPECT/ PROFITS (2) REMAINING YEARS (3) LOCATION AND SURROUNDING AMENITIES :)

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Stewart-PropNex (Senior Associate Division Director) Read More

There is no absolute answer. It is not simple and straightforward for a development to enbloc. Who knows, both developments can decide to launch their enbloc bid together and if the expectations of the owners are similar, they may get enbloc together by a single developer?

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