2 properties launch bids again to sell en bloc
Feb 26, 2019, 5:00 am
Collective-sale activity is picking up a little, with two properties keen to try their luck, including the long-awaited bid by Pine Grove.
The 660-unit condominium in the Holland Road cluster is being launched today at a reserve price of $1.86 billion.
The price translates to a land rate of $1,307 per square foot per plot ratio (psf ppr), after factoring in differential and lease upgrade premiums, said real estate agency C&H Group yesterday.
For the full article, pls visit:
https://www.straitstimes.com/business/2-properties-launch-bids-again-to-sell-en-bloc
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BEFORE YOU LEAVE …
You may also be interested in the following:
* 78 condos in Singapore with enbloc potential, 80% vote & due en bloc process
* Implications of URA Master Plan and LTA Master Plan for Singapore’s property market
* List of condos that successfully went en bloc in 2017-2018
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