Some properties lose big at auctions

The first quarter of 2015 saw five homes auctioned off at massive losses, revealed media reports citing a Knight Frank report. An Amber Residences unit was auctioned off at $2.7 million, achieving a loss of more than $403,000, while a Pearl Bank apartment was sold for $1.35 million, representing a loss of $300,000. Romesh Navaratnarajah, Singapore Editor at PropertyGuru, edited this story.

  • Some properties lose big at auctions PropertyGuru.com.sg - 2 hours 20 minutes ago

    The first quarter of 2015 saw five homes auctioned off at massive losses, revealed media reports citing a Knight Frank report. An Amber Residences unit was auctioned off at $2.7 million, achieving a loss … More »Some properties lose big at auctions

    The first quarter of 2015 saw five homes auctioned off at massive losses, revealed media reports citing a Knight Frank report. An Amber Residences unit was auctioned off at $2.7 million, achieving a loss of more than $403,000, while a Pearl Bank apartment was sold for $1.35 million, representing a loss of $300,000. Romesh …

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