Braddell View another victim of moribund market

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"The only residential/residential mixed-use sites sold in Q1 2019 were listed under the GLS Programme - Kampong Java Road and an integrated mixed-use site in Pasir Ris Central," the report said.

The 918-unit Braddell View was put up for collective sale on March 27 with a reserve price of S$2.08 billion, or a land rate of S$1,199 psf ppr, inclusive of the differential premium (estimated at S$795.1 million) to intensify land use and to top up the lease by a fresh 99 years.