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Total tab for Mandarin Gardens could hit S$4b

On top of the S$2.48b asking price, a successful buyer would have to fork out about S$325m to top up the lease, and an estimated S$1.28 billion in differential premium

Given the 1,006 units involved, marketing agent C&H says it may take more than three months to get the 80 per cent owners' approval for a collective sale.


IF the Mandarin Gardens condominium ends in a successful en bloc sale, the buyer could end up with an overall price tag of S$4 billion.

Marketing agent C&H Properties told owners this at a second extraordinary general meeting on Sunday afternoon, where they approved...

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