Vista Park en bloc sale launched with S$350m asking price; Spanish Village owners eyeing above S$810m

OWNERS of Vista Park condominium project launched a collective sale tender on Thursday with an asking price of S$350 million, joining a spate of en bloc launches this week.

Based on the asking price, each unit owner could pocket between S$1.16 million and S$3.5 million - a premium of over 60 per cent to what the owners could otherwise get by selling the units individually in the open market.

Its marketing agent Teakhwa Real Estate said that the unique feature for Vista Park, whose tender closes on Dec 13, is its immediate surroundings.