Singapore, 08 Nov 2021 SINGAPORE - Thomson View Condominium is up for collective sale via public tender at a reserve price of $950 million, after securing an 80 per cent mandate from its owners in just six months despite Covid-19-related disruptions.
Potentially the largest residential collective sale effort here by quantum so far this year, the asking price translates to a land rate of $1,293 per sq ft per plot ratio.
Owners of the apartments will each stand to get between $2.6 million and $3.7 million, depending on their unit sizes, while owners of townhouses will each stand to receive $5.7 million, according to OrangeTee Advisory, Thomson View's marketing agent.
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