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With S$2.9 billion price tag, Mandarin Gardens en-bloc attempt fails

Mandarin Gardens has failed in its en-bloc attempt, weeks after owners raised their asking price to a record high of S$2.93 billion.

The development was unable to obtain an 80 per cent consensus among its residents to put the land up for collective sale as of Sunday (March 24), when its collective sales agreement expired.

– Updated 25 March, 2019

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