Coronation Grove in District 10 is going back on the collective sale market with a lower indicative price. The owners now say they will consider offers over S$81 million. This is lower than the earlier indicative asking price of between S$86 million and S$90 million. Marketing agents Credo Real Estate said after the last unsuccessful tender exercise in March 2011, the owners agreed to lower their price...
Coronation Grove
Three properties in Newton, Braddell and Bukit Timah were launched for collective sale on Wednesday. Freehold apartment Newton Lodge at 41 Newton Road has a reserve price of S$40 million and a development charge of S$2.18 million. That is according to CB Richard Ellis, the marketing agent for the site. The price translates to S$1,407 per-square-foot-per-plot-ratio (psf ppr) for the 16-unit,...