SINGAPORE : Yet another property developer is taking the auction route to sell its high-end luxury homes. Soilbuild plans to hold an exclusive international auction for its three biggest units at Leonie Parc View on Leonie Hill Road next month.
The auction will be jointly conducted by Christie's Great Estates and Colliers International.
Soilbuild says it hopes to reach out to a wider group of international investors through the auction.
Prospective buyers overseas may place their bids via the telephone.
Leonie Parc View comprises 44 units.
Following roadshows in Hong Kong and Indonesia, 18 out of 20 units released have been sold, at prices averaging between S$2,600 and S$3,000 per square foot. - CNA/ms
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