Trendale Tower is back on the market with its latest collective sale attempt, now with a guide price of $168 million. It is the first time that the potential redevelopment plans for the 21,709 sq ft plot at 79 Cairnhill Road includes an option for a Serviced Apartment 2 scheme. This is the fourth time that the owners of the freehold development have attempted a collective sale of the project. A previous attempt in 2023 – at the same guide price of $168 million – ended without a successful buyer. The development was put up for sale in 2022 with a guide price of $178 million, as well a previous attempt in 2018 that pegged the property at a guide price of $163.5 million. Both attempts ended without a successful buyer. The previous collective sale attempts coincided with new property cooling measures and heightened development costs that elevated the overall risk profile of enbloc sales by private property developers....