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Total tab for Mandarin Gardens could hit S$4b
On top of the S$2.48b asking price, a successful buyer would have to fork out about S$325m to top up the lease, and an estimated S$1.28 billion in differential premium
Add BT as a preferred sourcePublished Mon, Mar 26, 2018 · 09:50 PM
Singapore
IF the Mandarin Gardens condominium ends in a successful en bloc sale, the buyer could end up with an overall price tag of S$4 billion.
Marketing agent C&H Properties told owners this at a second extraordinary general meeting on Sunday afternoon, where they approved the asking price of S$2.48 billion as well as the method of apportionment.
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