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Pandan Valley seeks record $2.6b en bloc asking price

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The Pandan Valley condominium has established a new record for Singapore’s highest asking price in a collective sale, after its residents voted to set the reserve price at $2.6 billion during a meeting on Saturday (8 Sept), reported TODAYOnline. Each unit owner would pocket nearly $4.2 million on average if they succeed in selling the…

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Subdued interest in 2 government land sales sites

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Interest in two Government Land Sales sites at Dairy Farm Road and Jalan Jurong Kechil was subdued after their tender exercises closed with five and three bids respectively. This marked the first batch of GLS site tenders to close after the government introduced new property cooling measures in July 2018. “The tender results reflect developers’…

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