09-06-2022, 11:45 PM
Lakepoint Condominium closed its collective sale tender without bids and is now entering into private treaty negotiations with interested parties, said exclusive marketing agency PropNex Realty in a statement on Wednesday (June 8).
This is the latest sale attempt by the owners of the 99-year leasehold Jurong condominium. The previous tender had also closed without a bid on Dec 22, 2021.
“While there was interest in the Lakepoint Condominium site among developers, we did not get a bid at the close of the collective sale tender, “ said Tracy Goh, PropNex’s head of investment and collective sales.
This is the latest sale attempt by the owners of the 99-year leasehold Jurong condominium. The previous tender had also closed without a bid on Dec 22, 2021.
“While there was interest in the Lakepoint Condominium site among developers, we did not get a bid at the close of the collective sale tender, “ said Tracy Goh, PropNex’s head of investment and collective sales.