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Pine Grove owners expect at least S$1.65b in 3rd en bloc sale bid

    Published Thu, Sep 14, 2017 · 09:50 PM

    Singapore

    PINE Grove could well emerge as Singapore's largest en bloc deal, going by its indicative reserve price of S$1.65 billion - a level that would trump the record of S$1.34 billion set in 2007 by Farrer Court, another former HUDC estate.

    The owners of Pine Grove, a 660-unit estate off Ulu Pandan Road, have appointed Huttons Asia as their marketing agent, and are now hiring lawyers to work on the collective-sale agreement.

    Collective sale

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