The $362 million en bloc sale of Cairnhill Mansions will proceed due to a settlement that gives the penthouse owner who objected to the sale an extra $867,004.79. This sum is to be borne equally by owners of the other units in the development, the High Court ordered on Thursday afternoon. Mediation between Djie Tjoe Nio, the objector, and the collective sale committee began on Tuesday this week and...
Cairnhill Mansions, a freehold residential site in District 9, has been released for collective sale with an indicative price of S$361.5 million (around S$2,308 psf) and no development charge (DC). Its current price tag is lower than the S$443.6 million (S$2,833 psf) guide price set for the property in an earlier collective sale attempt in late 2007. The property is zoned for residential use with a...
Compare listings
Compare