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Pine Grove owners expect at least S$1.65b in 3rd en bloc sale bid

If the en bloc sale goes through, each owner could pocket S$2.08 million to S$2.64 million. Pine Grove's en bloc bids in 2007 and 2011 failed.


PINE Grove could well emerge as Singapore's largest en bloc deal, going by its indicative reserve price of S$1.65 billion - a level that would trump the record of S$1.34 billion set in 2007 by Farrer Court, another former HUDC estate.


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