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Jansen Mansion makes second en bloc attempt at lower reserve price
Leasehold property sets new price of S$19.8 million, down from S$22 million in 2018
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Published Wed, Feb 17, 2021 · 09:50 PM
Singapore
THE owners of 999-year leasehold condominium Jansen Mansion are making a second attempt at a collective sale on Thursday, this time at a lowered reserve price of S$19.8 million, from S$22 million in 2018.
The new reserve price translates to a land rate of S$879 per square foot per plot ratio, inclusive of development charge and 7 per cent bonus balcony space.
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