The 236-unit freehold Faber Garden condominium in Angklong Lane is near the Central Nature Reserve amid good class bungalows, landed housing and private condominiums, as well as the upcoming Bright Hill MRT station
Faber Garden in fresh bid to go en bloc at same price
Oct 3, 2018, 5:00 am SGT
Faber Garden is relaunching a collective sale exercise today at the same reserve price of $1.18 billion at which its first attempt closed without a sale six months ago.
The public tender will close at 3pm on Oct 31.
The collective sale committee’s (CSC) minutes last month noted that members “reached a unanimous consensus” to relaunch the tender, “in view that there is no competing land supply around the same vicinity as Faber Garden”.
The 236-unit freehold condominium in Angklong Lane is near the Central Nature Reserve amid good class bungalows, landed housing and private condominiums, as well as the Bright Hill MRT station that is expected to open in 2021.
With a site area of 544,738 sq ft, the 34-year-old condo has a plot ratio of 1.6 and a height control of 12 storeys.
