Cheng Hoe House, a group of eight freehold townhouses, has been launched for collective sale by tender on Monday for S$28 million, marketer Teakhwa Real Estate said. The reserve price reflects a land rate of S$1,082.9 per square foot per plot ratio (psf ppr), including a development charge of about S$6.1 million. Teakhwa Real Estate said the land price would be reduced to S$1,052.5 psf if the 10 per...