Saturday, September 22, 2007

Sociological understanding for Singapore En bloc Sales

En bloc sales, one of unique features of Singapore, has developed from "fever" to "madness". Since early this year, the property market in Singapore took the surprising upswing, especially in 9, 10, 11 districts, which contributed the feverish en bloc market sales. The profit hunger developers have rushed into this niche markets. While some were happy with "book" profit in selling their property in collective sales, many had found the money they got from sales could not even replace the quality of living they once had, namely, they would not be able to stay at similar space or prestige location.

However, the social impacts of these en-bloc sales are far more than dollar sense. The potential economic benefits from these en bloc sales are severely marginalised by its negative social impacts. Just looking at many litigation due to en bloc sales. The well known cases like Horizon Tower and Phoenix Court, by the description of high court Judge were "real big mess"

The senior political writer Lydia Lim from The Straits Time on Sept 21 wrote,".. many old folks forced to leave their home for decades, and of people separated from their neighbours they counts counted on for companionship and support..., current en bloc sales fever seemed largely fuelled by a small groups' "greed" She observed "The irony of having, on the one hand, community development councils to build social bonds, and on the other hand, allowing the fast destruction of communities without really valid reasons."

The modern society has shifted from mechanical organisation to organic organisation, which already has little bonding to promoting social solidarity and integration. For wanting some "valid reasons", the neighbours turned to be enemies, the home turned to be "instruments of greed", in the end, who has benefited? not the owners of the property, not social coherence and social bonding, not even social advancement, except for teams of "top lawyers" earning "top dollars". That might be one of ways that Singapore has become the most advanced litigation system in the region.

Dear friends, could do you give your input, is there the en bloc madness as Weber suggested "rational" or as Marx suggested "class struggles" or Durkheim's new mode of social integration"?

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