The collective sale of Chuan Park may be the biggest en-bloc deal since Tulip Garden, back in 2019. Despite the final offer being under the reserve price, it seemed things were about to go smoothly; but now, a group of owners has filed objections with the Strata Titles Board (STB) over a failure to disclose material facts. Here are a few important lessons to note on this en-bloc event: Why is Chuan Park a big deal?  Kingsford Group and MCC Singapore secured Chuan Park in July this year, with an offer price of $890 million. While this is still below the reserve price of $938 million, it would be the biggest collective sale since Tulip Garden ($906.9 million) back in January 2019. This is the fourth attempt to secure a collective sale, with the last attempt being in 2018 (the reserve price at the time was $900 million. It’s estimated that owners will receive gross proceeds of between $1.16 million to over $2.5 million...