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Peace Centre/Peace Mansion collective sale tender extended

Owners still waiting for authorities' go-ahead for a lease top-up, and developers want more time to assess sites on market

Published Fri, Mar 15, 2019 · 09:50 PM

    Singapore

    THE mixed development Peace Centre/Peace Mansion (PCPM) has extended its collective-sale tender closing date by three weeks, because the property's owners are still awaiting approval from the authorities for a lease top-up.

    The longer time frame is also aimed at giving developers more time to evaluate government land sale (GLS) sites now available in the market.

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