You are here

Katong Park Towers gets Court's nod for en bloc sale to proceed

The High Court hearing ends in favour of the collective sale committee after several failed rounds of mediation

A unit of Bukit Sembawang Estates bought Katong Park Towers for S$345 million in March following a competitive tender, paying about 20 per cent over the reserve price.


THE sale of Katong Park Towers has been given the green light by the High Court, following some owners' objection to the sale over factors like the method of apportionment.

An order of sale was made for Katong Park Towers following a High...

Market voices on: