Shunfu Ville has been sold for S$638 million to developer Qingjian Realty. It is one of the largest collective sale deals since Farrer Court in 2007. The deal was struck after 80 per cent of the owners agreed to accept the offer, despite it being lower than the reserve price of at least S$688 million. With the sale, owners of the 358-unit development will receive an average of S$1.78 million for...