• Chuan Park sold for $890 million, just 5% below original reserve price of $938 million (Photo: The Edge Singapore).
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Oct 5, 2021 · SINGAPORE - Chuan Park Condominium, a 99-year leasehold project in Lorong Chuan, has secured an 80 per cent mandate for its third collective sale bid, after raising its reserve price to $938.

28m, assuming transacted at $1.

6km away.

Surrounding prices: $1,200psf to $1600psf. In the event that the en bloc is successful at $890 million, it would represent a discount of 5% under the reserve price.

Three projects – Meyer Park, Bagnall Court and Holland Tower.

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. 3 bedrooms with a built up area ranging between 130 sqm -172 sqm. search.

While this is not Chuan Park’s first en bloc attempt, this marks the first tender exercise as it hit the required 80% vote, according to Stanley Koo, Division Director of ERA Singapore.

12 hours ago · This year, 14 projects with a total value of over $5 billion were launched for sale en bloc before the April 27 cooling measures. Lorong chuan will be a popular place since you don't have comparable location in serangoon and bishan to. It is the largest en bloc deal of the year thus far, selling at S$890 million but below their reserve price of S$938 million.

ft. 53m each; some unhappy with lack of timely updates.

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Jul 15, 2022 · MCC Group's involvement in Chuan Park either as a joint venture partner under MCC Land or as a contractor for the project under MCC Singapore remains to be seen.

12 hours ago · This year, 14 projects with a total value of over $5 billion were launched for sale en bloc before the April 27 cooling measures. Chuan Park is an interesting en bloc case study for 2022.

The last transaction in the development was in September 2015, when a 1,076 sq ft unit changed hands for $1. .

Mar 15, 2022 · In 2018, Chuan Park attempted to mount a collective sale with an asking price of $900 million - up from an intial $790 million - but did not garner the required 80 per cent consent from owners.
If the collective sale of Chuan Park at $890 million is successful, this could give renewed hope to other collective sale hopefuls at other ageing leasehold developments.
Chuan Park is a beautiful development and the buyers have the option to select from different designs of the units.

Feb 5, 2018 · Kovan Esquire is a freehold apartment that was built in 1998 and comprises of 23 units.

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. com. 30 pm.

Verdun House. The current closest MRT station is Bedok MRT about 1. Chuan Park Latest En Bloc News – Offer Received S$860 million Chuan Park en bloc site that is now in a private treaty period after the collective sale concluded on April 26, has received an expression of interest (EOI) from a developer for S$860 million, which is. Three projects – Meyer Park, Bagnall Court and Holland Tower. . SINGAPORE - Chuan Park Condominium, a 99-year leasehold project in Lorong Chuan, has secured an 80 per cent mandate for its third collective sale bid, after raising its reserve price to $938 million from $900 million.

A strong location close to Serangoon Central.

However, a letter from a previous en-bloc attempt, dated 2017, indicated a Development Charge (DC) for development above a GFA of 89,824. Vicenta Lodge.

ERA Realty, which handles the whole en bloc process of Chuan Park Condo and the (CSC.

Jul 15, 2022 · If the collective sale of Chuan Park at $890 million is successful, this could give renewed hope to other collective sale hopefuls at other ageing leasehold developments.

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Chuan Park is a beautiful development and the buyers have the option to select from different designs of the units.

Sep 16, 2022.