Unit owners in Laguna Park, whose tender unsuccessfully closed last Friday, have now considered selling at a cheaper price, ranging from S$950 million to S$1 billion.
According to Credo, the marketing agent of the development, the residents are likely to obtain letter of advice about the situation within the next 2 or 3 days.
Before, a lot of property analysts commented that the initial S$1.2 billion reserve price of Laguna Park was on the higher side.
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