People's Park Centre owners will be voting on whether to accept a reserve price of $1.3 billion, which analysts say is the highest so far for a mixed-use collective sale in this cycle.
At an extraordinary general meeting (EOGM) on Oct 23, they will decide whether to accept the reserve price and method of apportionment for their first collective sale attempt. The development, which has 120 apartments, 256 offices, 324 shops and a carpark, has 51 years left on its lease.
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