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Golden Mile Complex sold to Far East, Perennial, Sino Land
*天哥*

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06-05-2022, 05:47 PM
(06-05-2022, 05:26 PM)Galilo_l Wrote:  CONSERVATION landmark Golden Mile Complex has been sold to a consortium comprising Far East Organization, Perennial Holdings and Sino Land for S$700 million
https://www.businesstimes.com.sg/real-es...-for-s700m

Sure. There will be 2 portions: commercial owners and residential owners.

The residential owners or condo owners will be given a percentage based on the size of their unit. This percentage is long written in the title deed. For example, if there are 300 units each with 1000sqft, the residential portion will be split according to the percentage calculated.

Same for commercial. It will be written in the title deed.

So every owners long know how much to sell the building for it to be profitable to them.
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Messages In This Thread
Golden Mile Complex sold to Far East, Perennial, Sino Land - by Galilo_l - 06-05-2022, 05:26 PM
RE: Golden Mile Complex sold to Far East, Perennial, Sino Land - by sgbuffett - 06-05-2022, 05:40 PM
RE: Golden Mile Complex sold to Far East, Perennial, Sino Land - by dynamite - 06-05-2022, 05:43 PM
RE: Golden Mile Complex sold to Far East, Perennial, Sino Land - by theold - 06-05-2022, 05:45 PM
RE: Golden Mile Complex sold to Far East, Perennial, Sino Land - by *天哥* - 06-05-2022, 05:47 PM
RE: Golden Mile Complex sold to Far East, Perennial, Sino Land - by [[ForeverAlone]] - 06-05-2022, 05:58 PM
RE: Golden Mile Complex sold to Far East, Perennial, Sino Land - by theold - 06-05-2022, 06:00 PM
RE: Golden Mile Complex sold to Far East, Perennial, Sino Land - by dynamite - 06-05-2022, 06:04 PM
RE: Golden Mile Complex sold to Far East, Perennial, Sino Land - by starbugs - 06-05-2022, 06:05 PM
RE: Golden Mile Complex sold to Far East, Perennial, Sino Land - by theold - 06-05-2022, 06:09 PM
RE: Golden Mile Complex sold to Far East, Perennial, Sino Land - by [[ForeverAlone]] - 06-05-2022, 06:19 PM
RE: Golden Mile Complex sold to Far East, Perennial, Sino Land - by theold - 06-05-2022, 06:27 PM

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