Cascadale condo in Changi relaunched for en bloc sale at same S$270 million price

Singapore

THE owners of Cascadale condominium in Upper Changi Road East are making a second attempt at an en bloc sale at the same reserve price of S$270 million, marketing agent JLL said on Tuesday.

The 25-year-old freehold property in District 16 was first launched for collective sale in May this year. The reserve price translates to a land rate of about S$1,065 per square foot per plot ratio (psf ppr), after factoring an estimated development charge of about S$15.5 million and before any bonus gross floor area.