Pacific Mansion en-bloc @ $1728 psf ppr... Why reserve price for Teresa Ville @$1350 psf ppr only ???

Pacific Mansion in River Valley up for collective sale with S$938m reserve price.... 

Business Times Feb 6, 2018


Owners of Pacific Mansion (River Valley) set Reserve Price of $938M ($1728 psf, per plot ratio) based on current GFA and implied plot ratio of 3.84, also considering additional 10% bonus GFA; while master Plan Plot Ratio is only 2.8. 

Why CSC did not consider all these factors and agreed to Hutton's proposed Reserve Price of only $1350 psf ppr for Teresa Ville? 

Teresa Ville Owners have great opprtunity to understand all factors which can significantly maximize Reserve Price, during the "Tea & Info session"  organized by fellow Teresa Ville Owners on Feb 10 at 2.30 PM @function room. Then decide if it really makes sense to sign the CSA with current Reserve Price based on only $1350 psf ppr ??

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