When W (who wishes to remain anonymous) bought her three-bedroom, 104 sq m (1119 sq ft) resale unit at Lakeside's Park View Mansions in 2007, she paid in the range of S$200,000-S$300,000 for it (declining to share the exact amount). Little did she know, 16 years later, that she would be selling it for a significant sum of money in.
Singapore News - Mixed-use development People's Park Centre in Chinatown has been put up for collective sale by public tender with a reserve price of $1.8 billion, three years after the previous attempt. The reserve price for the site translates to a land rate of $2,620 per square foot per. Read more at www.tnp.sg