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Normanton Park to be put up for en bloc sale at a minimum S$800m

Florence Regency and Amber Park condo also cross 80% approval for collective sale

Published Wed, Aug 9, 2017 · 09:50 PM

Singapore

NORMANTON Park condominium is slated to be launched for collective sale on Aug 22 at a minimum price of S$800 million after more than 80 per cent of owners by share value and strata area approved the collective sales agreement (CSA) by Wednesday.

It is probably a record for a project of this scale with 488 units to garner sufficient signatures from owners within 11 days, said Ian Loh, head of investment and capital market at Knight Frank, which is marketing the project.

The estimated differential premium fo…

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