Published:
Photo from EDMUND TIE
Sellers to slash Thomson View reserve price to $808m
The previous price was $918m.
Sellers of Thomson View Condominium are planning to lower its reserve price from $918m to $808m, according to the asset's marketing agent, Edmund & Tie.
The new reserve price will only take effect once owners holding at least 80% of the strata area and share value sign the Supplemental Agreement.
So far, only 60% of owners have signed.
At the revised price of $808m, the land rate will be $1,176 per square foot per plot ratio, factoring in the land betterment charge and the lease upgrading premium for a new 99-year lease.
With an 8% bonus floor area, the land rate would be $1,141 per square foot per plot ratio.
Read Here
Advertise
Sign Up
