More en bloc sites going unsold after cooling measures

Horizon Towers is among the 50 en bloc projects whose tenders closed without a sale this year up to Sept 12.
Horizon Towers is among the 50 en bloc projects whose tenders closed without a sale this year up to Sept 12.PHOTO: JILL

SINGAPORE - Even as megasites Pandan Valley and Laguna Park bedazzled with their multi-billion dollar en bloc attempts this week, two other billion-dollar candidates, Horizon Towers and Faber Garden, closed their tenders without a buyer.

Horizon Towers and Faber Garden are among 50 en bloc projects whose tenders closed without a sale this year up to Sept 12, according to Colliers International's data.

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