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Collective sales - reuse, renew, recycle

Singapore's well-structured en-bloc redevelopment process has enabled market-led urban rejuvenation. BY REGINA LIM

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CDL recently won the bid for Amber Park at a record price tag of S$906.7 million. This represents the largest freehold collective sale by dollar value in Singapore to date.

THE number of successful collective sales in the last six months has attracted much media attention. Most analysts focus on the high prices paid by developers or the substantial additional supply that could result as the sites are redeveloped.

We believe collective sales are a successful...

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