Kensington Park condo might gun for mega en-bloc sale again
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
OWNERS at the 314-unit Kensington Park Condominium in Serangoon Gardens are once again eyeing a collective sale, nearly 4 years after their previous efforts at a billion-dollar price tag, The Business Times (BT) has learnt.
At least 80 per cent of the owners have consented to the potential deal this time round, and the marketing agent is understood to be CBRE. However, there is no indication yet of whether and when a tender will be launched.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Air India asks Tata, Singapore Airlines for funds after US$2.4 billion loss
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
South-east Asian markets account for 8.8% of global capital inflows from 2021 to 2024: report