The Business Times
business-time-50

Strata Titles Board stops S$810 million en bloc sale of Thomson View 

The order is issued after efforts to mediate and resolve objections raised to the sale were unsuccessful

Summarise
google-preferred-sourceAdd BT as a preferred source
Jessie Lim

Jessie Lim

Published Fri, May 2, 2025 · 12:29 PM
    • The sale of Thomson View (above) would have been the largest en bloc deal done in Singapore since Chuan Park’s S$890 million sale in May 2023. 
    • The sale of Thomson View (above) would have been the largest en bloc deal done in Singapore since Chuan Park’s S$890 million sale in May 2023.  PHOTO: EDMUND TIE

    [SINGAPORE] The S$810 million collective sale for Thomson View Condominium has been met with a stop order, The Business Times has learnt. 

    The order from the Strata Titles Board (STB) was issued on Mar 19, a spokesperson for the STB told BT. The directive, which puts a stop to the condo’s en bloc sale process, was issued after efforts to mediate and resolve objections raised to the sale were unsuccessful. 

    The collective sale committee (CSC) has applied to the High Court to seek approval for the sale. A hearing is expected to take place on May 22 to determine whether the sale can go ahead.

    Collective saleUOLCapitaLand

    TRENDING NOW

    Buntono is accused of possessing properties that, in part, represent his benefits from income tax evasion, including a Lamborghini Aventador similar to the one pictured.

    Lamborghini-driving boss of Eminent Frog Porridge charged with S$3.8 million tax evasion, money laundering

    Hong Kong youth no longer see a stable job and a lifetime of work as the only life goal – instead, they place greater emphasis on freedom and quality of life.

    Not in education, employment or training: Why more Hong Kong youths are opting out of work

    Vietnam has the highest rate of generative AI usage among the South-east Asian markets surveyed, with 36% of workers saying they used such tools “nearly every day”.

    Vietnam workers keenest on AI in South-east Asia; Singapore employees among most sceptical: survey

    Stash will remain a standalone entity as part of Grab’s business, retaining its current recurring revenue model, services and brand.

    Grab completes US$425 million acquisition of US-based Stash Financial

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More