Thomson View En-Bloc

[Unfortunate1]

Sold to capitaland and uol

 

[Iridiumguy]

However, owners had commenced signing a supplemental agreement to lower the reserve price to $808 million. Over a span of two weeks, about 65% of the owners agreed to the revised reserve price of $808 million, which would take effect only after 80% of the owners by strata area and share value signed the supplemental agreement.

means got 80% yet or no

 

[rider83]

Reached 80% already?

 

[Iridiumguy]

Reached 80% already?

Anyone got insider info?

 

[Oftheseas]

I think need to lower by more than $100m for Thomson View. If this plot is GLS, I reckon it’s worth $1250 psf. But being a large enbloc plot with more uncertainty, it will need to be below $1200 psf ppr to attract developers interest.

If those “greedy” Thomson View residents listen to my advice 2 years ago and lower their $950m reserve price by $100m, they would not have to wait till now !

And now with the harmonised GFA, the developers lowball them another $40-$50m lesser !