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Chuan Park S$890m en bloc sale remains in limbo for now

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Corinne Kerk

Published Mon, Nov 28, 2022 · 05:50 AM
    • Chuan Park was sold for S$890 million on Jul 5 to buyers related to developers Kingsford Group and MCC Singapore.
    • Chuan Park was sold for S$890 million on Jul 5 to buyers related to developers Kingsford Group and MCC Singapore. PHOTO: BT FILE

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    THE Strata Titles Board (STB) has conducted three mediation sessions over the collective sale of Chuan Park condominium, with the matter remaining unresolved.

    The development’s sale had gone to the STB as 10 minority owners had objected to it.

    According to a letter sent on Saturday (Nov 26) to update the development’s owners on the sale progress and seen by The Business Times, three dissenting owners have since withdrawn their objections.

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    ResidentialSingapore residential propertyCollective saleERA RealtyResidential property

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