Property windfalls: Four of the biggest en bloc sales of 2017

The sale of Amber Park condominium, which was introduced on Wednesday (Oct 4 2017), set a document for Singapore’s biggest freehold collective sale by dollar value, at S$ 906.7 million.

At this price, proprietors of the 200-unit property condo would expect to obtain gross sale proceeds of in between S$ 4.3 million as well as S$ 8.3 million for their flat, marketing agent JLL said.

This sale comes as the regional en bloc market heats up, with a number of sales resulting in multi-million dollar payouts for property owners.

Source: CNA

Amber Park