The Straits Times, 28 Mar 2022, Mon 6:04 pm

By Grace Leong

Telok Blangah House, a freehold mixed-use development located near Vivo City, was put up for collective sale via tender on Monday (March 28) at a guide price of $98 million.

This comes after more than 80 per cent of owners by share value and strata area approved the collective sales agreement (CSA) early last month, marketing agent SRI Capital Market said.

The guide price works out to a land rate of about $1,887 per sq ft per plot ratio, with potentially minimal or no development charge payable.

Read more at: https://www.straitstimes.com/business/property/telok-blangah-house-put-up-for-collective-sale-at-98m