# High Point collective sale tender closes without award

- **Source:** EdgeProp Singapore
- **Published:** 2026-06-30T11:02:04.000Z
- **Author:** Atiqah Mokhtar
- **Original:** https://www.edgeprop.sg/property-news/high-point-collective-sale-tender-closes-without-award
- **Topics:** Private Residential, New Launches, Transactions & Deals

## Featured rationale

The failed tender signals continued developer caution toward high-value prime redevelopment sites, although private-treaty negotiations remain possible until August 17.

## AI summary

High Point’s fifth collective-sale tender closed without an award after launching at $580 million, equivalent to $2,641 psf per plot ratio.

## Original article

The collective sale tender for High Point, a freehold condo at Mount Elizabeth, closed on June 9. According to a circular sent to owners sighted by EdgeProp Singapore, the tender was not awarded to any successful bidder.

Following the tender closing, the collective sale committee has up to 10 weeks, or until August 17, to carry out private treaty negotiations with interested parties.

High Point was launched for collective sale – marking its fifth en bloc attempt – on April 22 with a guide price of $580 million. ETC is the appointed marketing agent.

Read also: High Point condo relaunched for collective sale at $580 mil, marking fifth attempt

The price translates to a land rate of $2,641 psf per plot ratio (psf ppr), including the 7% bonus floor area.

Located in the Orchard Road vicinity, the 59-unit High Point occupies a 47,607 sq ft residential plot.

The last time owners at High Point made a collective sale attempt was in 2022, when the development was put up for sale with a guide price of $550 million.

Before that, owners came close to clinching a deal in December 2021, when Hong Kong’s Shun Tak Holdings submitted a bid of $556.7 million ($2,626 psf ppr) for the site.

However, the developer backed out and forfeited the $1 million deposit,simultaneously dropping its plans to redevelop the condo into a luxury residential project.

EdgeProp Singapore has reached out to ETC for comment.

Check out the latest listings for High Point properties

## Chinese translation

> Translation model: grok

### High Point集体出售招标截止未决标

High Point于4月启动集体出售，指示性售价为5.80亿新元。

位于伊丽莎白山（Mount Elizabeth）的永久地契共管公寓High Point集体出售招标于6月9日截止。EdgeProp Singapore获悉并阅览的业主通告显示，招标未决予任何成功投标人。

招标截止后，集体出售委员会有最多10周时间——即至8月17日——与有意方进行私人协议谈判。

High Point于4月22日启动集体出售——为其第五次整栋出售尝试——指示性售价为5.80亿新元。ETC为指定营销代理。

延伸阅读：High Point共管公寓以5.80亿新元再度推出集体出售，第五次尝试

该价格折合土地价为每容积率平方英尺2,641新元（psf ppr），含7%奖励楼面面积。

High Point位于乌节路一带，共59个单位，占地47,607平方英尺住宅地段。

业主上次尝试集体出售是在2022年，当时以5.50亿新元指示价挂牌。

此前，业主曾在2021年12月接近成交，香港信德集团（Shun Tak Holdings）就该地段提交5.567亿新元（2,626新元/容积率平方英尺）投标。

然而，开发商退出并没收100万新元定金，同时放弃将该共管公寓重建为豪华住宅项目的计划。

EdgeProp Singapore已联系ETC征求评论。

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