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En bloc fever rages as Pearlbank aims for S$728m

Iconic development up for collective sale for fourth time; Parkway Mansion, Derby Court, Riviera Point also for sale

Published Wed, Nov 15, 2017 · 09:50 PM

Singapore

OWNERS of the iconic Pearlbank Apartments are hoping that the en bloc fever will last as the tender for its sale will be launched with a reserve price of S$728 million. Meanwhile, Parkway Mansion in Katong, Derby Court near Novena and Riviera Point close to Great World City also jumped onto the collective sale bandwagon.

Condominium projects Pearlbank Apartments and Parkway Mansion will launch separate tenders for collective sale on Thursday, marketing agent Colliers International has confirmed.

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