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i really don't think so because market selling price is already asking for near 1500psf.most residents would at least want 2000psf to be convinced to sell.how much can a developer pay as the gfa ratio is almost fully used up.and development for that particular area is sky high.they would rather go for peach garden or sovereign.by the way they are only promise 2.xxm avg from the last enbloc talk and less than 35% signed.
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