Date: 27 November 2018, Author: ST, Source: ST


Brief: The 210-unit freehold development’s collective sale has been given the green light by the High Court.  Justice Woo Bih Li found the conduct of the collective sale committee (CSC), Knight Frank and the lawyers for the CSC “wanting in various aspects” but there was no bad faith after taking into account the sale price, which was $68 million or 12.6% higher than Colliers’ independent valuation.