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Cairnhill Mansions Collective Sale

  • In the case of Cairnhill Mansions, the collective sale agreement approved during the extraordinary general meeting by the subsidiary proprietors provided that the sellers are to agree to a High Court order should it find it just and equitable to raise the proceeds for objecting owners.
  • Low Keng Huat acquired the property at 69 Cairnhill Road in February for $362 million. The civil engineering and property development firm also acquired the adjacent 67 Cairnhill Road four months later at $100 million.

– October 8, 2018

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Posted in Enbloc Sale / Collective Sale, Singapore Property News and tagged , , .