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More collective sale sites end up unsold after cooling measures
Developers may be reassessing strategy before next move
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Even as mega sites Pandan Valley and Laguna Park bedazzled with their multibillion-dollar collective sale attempts last 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 collective saleprojects whose tenders closed without a sale this year up to last Wednesday, according to Colliers International's data.
