Even before new rules to raise the minimum average unit size for condominium and private apartment projects outside the central area were announced last Wednesday, the collective-sale fever was abating for larger sites, as owners at Chuan Park condo know all too well.
The 99-year leasehold estate of 446 units in Lorong Chuan has failed in its second attempt to secure an 80 per cent mandate for a $900 million collective sale.
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