Cairnhill Mansions was sold to construction and property development company Low Keng Huat for S$362 million in February via private treaty. This was its fifth attempt at an en bloc sale.
BT FILE PHOTO
A SECOND collective sale attempt in a week has come up against a speed hump: the Strata Titles Board (STB) on Monday issued a stop order on the en bloc sale bid by Cairnhill Mansions, which could send this case to court.
The Business Times has learned that the owner of...