Story · Singapore
Pine Grove Sticks to S$1.78 Billion Reserve Price as En Bloc Sale Lags
The Pine Grove estate in Singapore is proceeding with a collective sale attempt at a reserve price of S$1.78 billion, but the bid has yet to secure the required mandate from owners ahead of the September 20 deadline. The article, published by The Business Times on July 30, 2026, reports that the mega en bloc sale effort is stalling as the estate's collective sale committee has not obtained sufficient owner consent to proceed. The deadline looms, and the sale's future remains uncertain without the necessary mandate. The piece highlights ongoing challenges in Singapore's en bloc market, where large-scale residential collective sales face hurdles in achieving owner consensus amid market conditions.
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