Nursalim's apartment auction

I read Sunday paper with an ad from Tuan Sing, Singapore-listed company controlled by Sjamsul Nursalim family, inviting Indonesian buyers to an auction of Botanika, a 34-unit boutique apartment next to Singapore's Botanic Gardens. According to the ad, only 12 units left to be auctioned off. TODAY reported last week that the other 22 units have already been sold at a private preview consisting of the developer's friends and business associates (Wanna know the buyers?). A transaction last month saw a unit fetching close to S$2,000/square feet. Wow! With floors range from 1,500 - 3,300 sq feet, the auction could take the price to the sky!

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