Changi Garden latest to hop on en bloc train

Singapore

ANOTHER en bloc aspirant has joined the hopefuls. The residents of Changi Garden have agreed to put up their nearly 40-year-old property for collective sale by public tender on Thursday. Their asking price is S$196 million, which translates to about S$700 per square foot per plot ratio.

Going by this amount, an apartment owner will receive S$1.69 million to S$1.79 million. Penthouse owners will receive S$3.18 million to S$3.74 million, and shop owners S$3.7 million to S$5.5 million.

This is the 15th residential en bloc attempt this year; 50 to 60 deals are said to be under way at var…