Revitalising Orchard Road: Some building owners trying for collective sale

Midpoint Orchard is preparing for a third en-bloc sale bid at around $350 million. ST PHOTO: FELINE LIM
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SINGAPORE - Several building owners at Orchard Road are trying their luck with collective sales, including those at strata-titled mall Midpoint Orchard which is preparing for a third en-bloc sale bid at around $350 million.

Joining them are the unit owners of Orchard Towers, which approved a reserve price of $1.6 billion for its collective sale at an extraordinary general meeting on Friday (Feb 18).

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