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Orchard Tower fails to sell


The_King

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It did not obtain the required threshold for the collective sale.

SGX-listed Hiap Hoe Limited announced that the en bloc sale of  Orchard Towers will not proceed.

In a bourse filing, the real estate company said the property “did not obtain the required threshold for the collective sale.”

Orchard Towers comprise 59 strata lots, of which 21 are shops, whilst 38 are offices.

Golden Bay Realty (Private) Limited, Hiap Hoe’s subsidiary, is the registered proprietor of properties.

 

 

https://sbr.com.sg/commercial-property/news/orchard-tower-fails-sell

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On 2/22/2023 at 12:48 PM, The_King said:

It did not obtain the required threshold for the collective sale.

SGX-listed Hiap Hoe Limited announced that the en bloc sale of  Orchard Towers will not proceed.

In a bourse filing, the real estate company said the property “did not obtain the required threshold for the collective sale.”

Orchard Towers comprise 59 strata lots, of which 21 are shops, whilst 38 are offices.

Golden Bay Realty (Private) Limited, Hiap Hoe’s subsidiary, is the registered proprietor of properties.

 

 

https://sbr.com.sg/commercial-property/news/orchard-tower-fails-sell

 

On 2/22/2023 at 1:59 PM, ManOfTheHour said:

No surprise. Not good fengshui

 

at the px they asking for, who can do the financing?????

 

wahahahahahahahahahaha

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