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Billion-dollar en bloc sites: the flops, the dogged and the successful

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Fiona Lam

Fiona Lam

Published Thu, Dec 9, 2021 · 06:02 AM

    JUGGERNAUT developments in Singapore have continued to gun for collective sales with billion-dollar price tags, undaunted by the hurdles in the path of large en bloc candidates.

    Just this week, the 1,017-unit Mandarin Gardens kickstarted the process again by forming a new collective sales committee (CSC), following its unsuccessful S$2.93 billion attempt some 3 years ago.

    The developments must gather enough signatures before they can launch a tender - a herculean task especially when more than a thousand owners are involved.

    Collective saleSingapore propertyProperty developers

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