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Is your condominium gunning for a collective sale? Mind the price gap
More unit owners have started the process to sell their properties en bloc, BT understands. But a 'mismatch in price expectations' may lower the success rate of deals, as developers fret over thinning margins and the risk of new cooling measures.
🏘️ bt.sg/4jCZ
As en-bloc agency space gets more crowded, ultra-low fees and 'unrealistic' prices emerge
Growing competition among collective-sale agents is threatening to compress commissions, and some newcomers are proposing high reserve prices as they vie for jobs.
