SUBSCRIBERS

Windy Heights owners cutting reserve price in fresh en-bloc bid

After a failed bid in April, its owners are now in a 're-signing process' to lower the reserve price by over S$50 million

Annabeth Leow
Published Wed, Aug 1, 2018 · 09:50 PM

Singapore

WINDY Heights made another stab at a collective sale on Wednesday, with home owners now seeking to reduce the reserve price for the tender.

The freehold District 14 development in Jalan Daud in the Kembangan area is going on the market again - mere months after an unsuccessful tender closed in April, and hot on the heels of the surprise property-cooling measures that kicked in on July 6.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Property

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here