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Search past news to find out how much each owner at Pine Grove will get from the en-bloc sale.

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Based on past news coverage, Pine Grove's collective sale attempts saw reserve prices ranging between 1.78 and 1.95 billion dollars. In these en bloc attempts, individual owner payouts can vary significantly depending on unit size, share value, and terms of the sale.
For previous collective sale bids, market reports indicated estimated payouts for owners ranged widely, with three-bedroom units (like maisonettes) typically being valued around two million dollars each. For example, a three-bedroom maisonette was listed on the open market for about two million dollars (approximately 1,199 per square foot), giving an indication of the price quantum that could be received in a successful collective sale.
However, specific per-owner payout figures are typically not made public in detail, and actual amounts depend on agreed share values, apportionment formulas, and the final sale price. Payouts can also be affected by whether any differential premium is payable for lease upgrading or site intensification.
In summary, each owner's proceeds from a successful Pine Grove en bloc sale have historically been expected to fall within the 1.4 to 2 million dollar range for standard units, with larger or premium units potentially commanding higher sums. For exact figures, owners generally need to refer to the collective sale agreement or the latest sales committee circulars shared during each collective sale exercise.
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