07
April
2019
|
11:47
Europe/Amsterdam

Behind dashed hopes of Mandarin Gardens en bloc sale, unbridled speculation and wishful thinking

Ms Chia Liu Ee, Researcher at the Institute of Real Estate and Urban Studies at NUS and Assoc Prof Sing Tien Foo, Dean’s Chair and Director of the Institute, noted that the promise of a collective sale agreement has artificially pushed up prices in developments, which are not sustainable.