The Business Times
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Spring Grove gets owners' OK to go en bloc

Requisite 80% consensus reached after offer price raised to $2,600 psf

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Published Wed, Apr 2, 2014 · 10:00 PM

    SPRING Grove in the prime Grange Road area has arrived at the requisite 80 per cent consensus from owners to put the condominium up for en bloc sale.

    According to a notice emailed to residents obtained by The Business Times, owners of 264 out of 325 units have signed the collective sale agreement as at March 23, 2014 - representing 81 per cent of the condo's total share value and strata area.

    A five-day cooling-off period, imposed after the approval was obtained, has since ended.

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