Staff Cecil Lee Posted July 9, 2018 Staff Share Posted July 9, 2018 Normanton Park was built in the 1970’s specifically for the Singapore Armed Forces personnel. A typical 5 bedroom point-block flats The sale price was a whopping $830.1 million. And is considered the largest collective sale price for a 99 year leasehold property. In fact, this Chinese development in addition to the above needs to top up $231.1 million to "reset" this property to a new 99 year lease. By October everyone has to clear out. On average each owner received $1.6 million. Paid a final visit to this site..before This October where the new owners / developer reclaim their land. Link to post Share on other sites More sharing options...
Staff Cecil Lee Posted April 18, 2019 Author Staff Share Posted April 18, 2019 This old development to be replaced by.... Link to post Share on other sites More sharing options...
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