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Minbu Villa takes second stab at en bloc sale at S$145.8m, but price may go lower

Already, 60% of the owners by share value and strata area have agreed to lower the reserve price to S$129m

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Minbu Villa, a freehold development in Novena comprises 33 apartments and a penthouse.

Singapore

FACED with the cooling en bloc market, Minbu Villa, a freehold residential development in Novena, is going up for tender at S$145.8 million again, but this reserve price could be lowered if 80 per cent of the owners agree.

Its earlier collective sale bid was launched in...

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