No buyers for second attempt to sell en bloc; shops on fifth floor up for sale for $22 million Eleven shops in Sim Lim Square have gone on the market after the tech mall’s second bid to sell en bloc failed to attract buyers. The collective sale tender closed on Dec 30 with no formal[…]
Potential developers will have an extra 27% of built-up space plus likely lower development charges Singapore gadget central Sim Lim Square has launched its second collective sale tender with a sweetener for potential developers – an additional 27 per cent of built-up space plus the possibility of lower development charges. But the reserve price remains[…]
Fong Yun Thai Association has put up 13 strata-titled semi-detached houses at Eleven @ Holland for sale via an expression of interest with a $38 million guide price, it was announced yesterday. Each house has three storeys, with an attic and a basement that can accommodate two parking spaces. There are five ensuite bedrooms with[…]
SINGAPORE – The Riverside Piazza near Clarke Quay will be put up for collective sale via tender at a reserve price of $198 million on Nov 5, marketing agent Colliers International announced on Monday (Nov 4). The Riverside Piazza comprises 40 apartments and 24 commercial shops, with sizes ranging from 58 sq m to 333[…]
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[…]