Elias Green owners in fresh push for collective sale at S$928 million guide price
Assuming the plot ratio is increased from 1.4 to 2, this would translate to a land rate of S$1,132 psf ppr
OWNERS at the 419-unit Elias Green condominium in Pasir Ris are making a fresh attempt at an en bloc sale, eyeing an asking price of S$928 million.
As at late June, 80 per cent of unit owners have given consent for the collective sale to proceed, Alan Loh, chairman of the collective sale committee, told The Business Times.
The guide price this time is some 19 per cent higher than the S$780 million price tag for Elias Green when it was put on the market in 2018.
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why
PayPal plans job cuts as its new CEO pursues turnaround strategy
MAS, bank CEOs convene over AI cyberthreats; boards told to own risks, not leave to IT teams