High Point mounts $550 mil collective sale
EdgeProp Singapore
October 21, 2021
Compileted in 1974, the 59-unit High Poiint has a mix of four-bedroom units of 2,995 to 2,928 sq ft and two duplex penthouses of more than 6,300 sq ft (Photo: Albert Chua/EdgeProp Singapore)
SINGAPORE (EDGEPROP) - High Point, a 59-unit condominium block at 30 Mount Elizabeth, recently secured the 80% consensus it needs to proceed with a collective sale. The collective sale committee (CSC) has appointed Savills Singapore as its marketing consultant.
The asking price for the entire project is $550 million, the same price at which High Point was launched for sale in January 2019. That was its second collective sale attempt.
Its first was in 2007 although it was aborted as it failed to secure the requisite 80% consensus.
The latest attempt could prove to be third time lucky for High Point.
Read more at: https://www.edgeprop.sg/property-new...ollective-sale