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straitstimes - 1 month ago

Pine Grove raises reserve price in attempt to get collective-sale nod

October 14, 2018 5:00 AM

The collective sale committee (CSC) of Pine Grove has raised its reserve price to $1.86 billion from $1.72 billion in a last-minute bid to secure the 80 per cent mandate to launch a public tender, even as developers turned cautious after the recent cooling measures.

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