You are here

Yanlord, MCL bag Tulip Garden for S$907m, 20% above reserve price

Deal is second highest en bloc value for 2018; site could potentially yield up to 670 residential units

Tulip Garden was first sold in July 2007 but the buyer backed out when it could not raise the funds. Its latest price is below the S$980m raked in by Pacific Mansion owners.


A YANLORD Land Group and MCL Land joint venture has successfully bagged the freehold Tulip Garden for S$906.889 million, the nation's second largest collective sales deal so far in 2018.

The sale price is 20.4 per cent higher than the reserve price of S$753 million for...

Market voices on: