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Commercial property owners try their luck at sales en bloc as circuit breaker is lifted
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High Street Centre at 1 North Bridge Road hit the market with a reserve price of $800 million on June 16.
PHOTO: CRUSHMAN & WAKEFIELD
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SINGAPORE - Some building owners here are trying their luck for a collective sale despite the battering the commercial property investment market has taken in recent months.
At least four buildings that have garnered the requisite 80 per cent backing of owners for a sale en bloc have gone on the market since the circuit breaker was partially lifted on June 2.
