Opportunity for buyer to add value through asset enhancement, says marketing agent Bugis Cube has been put up for collective sale via a public tender exercise at a reserve price of $230 million, marketing agent Cushman & Wakefield said yesterday. The six-storey commercial building at 470 North Bridge Road has 119 strata-titled retail shops, including[…]
SINGAPORE – A Killiney Road freehold hotel development site is up for sale via an expression of interest exercise, with owner private equity firm Lucrum Capital seeking in excess of $155 million for it. Located in the Orchard Road precinct, the site has a land area of 13,148 square feet (sq ft) with a gross[…]
SINGAPORE – A portfolio of 32 freehold city-fringe shophouses located along Lavender Street and Serangoon Road has been launched for sale by public tender at a guide price of $138 million, marketing agent JLL announced on Wednesday (Sept 4). Assuming no development charge is payable, the indicative price for The Lavender Collection translates to $1,736[…]
Mainboard-listed property group Top Global is buying 23 freehold commercial strata-titled lots with 43 property addresses in Thong Teck Building for $170 million. The properties comprise 39 office units and four retail units within the nine-level Thong Teck Building at 15 Scotts Road, which was built in the mid-1970s and upgraded in 2014. The Business[…]
SINGAPORE – A prime District 10 freehold condominium, Beaufort On Nassim, has been launched for collective sale by tender at a minimum expected price of $222.68 million, real estate services firm Savills Singapore announced on Wednesday (Aug 28). The price tag translates to a unit land rate of $3,508 per sq ft per plot ratio[…]
SINGAPORE – The sale of City Towers in Bukit Timah has finally been completed at its fourth collective attempt and after a pair of sibling owners initially attempted to block the deal. Sale of the District 10 freehold site for $401.9 million to a unit linked to Hong Kong tycoon Li Ka-shing was completed on[…]
A row of apartments and shops in Phoenix Road near Bukit Panjang has been sold en bloc for $42.6 million in the property’s second collective sale attempt. The buyer was CNQC Realty (Treasure), a subsidiary of developer Qingjian Realty (South Pacific) Group, according to marketing agent Colliers International on Monday evening. The sale price is[…]
SINGAPORE – A row of six three-storey shophouses in Joo Chiat Road has been put for sale via public tender, real estate services firm CBRE said on Wednesday (July 17). To be sold as a bundle, the conservation shophouses are located at 454, 456, 458, 460, 462, and 464 Joo Chiat Road. They sit on[…]
Two mixed-use developments are on the collective sale market – one making its debut, while the other is trying again after a revamped proposal. The new entrant is the freehold Hoa Nam Building in the Lavender area, which is asking for $160 million. The price works out to $1,866 per sq ft based on the[…]
Second bid by owners of Bukit Panjang flats, shops; indicative price remains at $42m The owners of a row of apartments and shops in Bukit Panjang are making a second attempt at a collective sale with an unchanged indicative price of $42 million. The Phoenix Road properties previously went on sale last November. They comprise[…]
Move gives potential buyers extra month to see if mall site can be turned into mixed-use space with hotel Sim Lim Square is keeping its sale tender open for an extra month to give potential buyers more time to assess if the commercial site on Rochor Canal Road can be turned into a mixed-use project[…]
A freehold strata office floor at Sim Lim Tower in Jalan Besar has been put up for sale by tender with an asking price of $15 million, marketing agent Edmund Tie and Company (ET&Co) said yesterday. The 15th storey of the 17-storey building has a total area of about 778 sq m or 8,374 sq[…]