Beauty World Plaza up for tender with $165m reserve price

The owners of Beauty World Plaza are putting up the retail and residential development for tender with a reserve price of $165 million, marketing agent Knight Frank Singapore said yesterday. The 2,305.6 sq m site in Upper Bukit Timah comprises a single block with 61 retail and 30 residential units. Under the Urban Redevelopment Authority’s[…]

High Court nod for Goodluck Garden collective sale

The High Court has given the green light to the $610 million collective sale of Goodluck Garden, but also criticised managing agent Knight Frank, the condo’s collective sale committee and its lawyers for the way they handled the transaction. Owners of the 210-unit freehold residential development in Toh Tuck Road in Upper Bukit Timah went[…]

Repurposing Golden Mile for younger generation

Consultant architect suggests new uses for building even as it goes up for collective sale A hotel or co-working space could be some of the possible new uses of Golden Mile Complex, which is being studied for conservation, even as it waits for a buyer. In an interview with The Straits Times, DP Architects director[…]

International Plaza planning collective sale

Tanjong Pagar development looking to launch sale in excess of $2.6 billion – a potential record International Plaza in Tanjong Pagar, one of Singapore’s biggest integrated developments built in the 1970s, is looking to launch a collective sale in excess of $2.6 billion – potentially the biggest in the country. The 50-storey leasehold commercial-cum-residential building,[…]

Gilstead Mansion up for collective sale again at lower price

Gilstead Mansion has been relaunched for collective sale at $65 million, or $3 million less than its guide price in June, as owners hope to beat the chill of July’s cooling measures and the clock. From early next year, new guidelines on the maximum number of units allowed in new private and condominium projects outside[…]

Spanish Village makes second bid to sell en bloc

The Spanish Village condominium in Farrer Road has been put up for collective sale for the second time in recent months, with no change to its $882 million guide price. The 226-unit freehold property in affluent District 10 made its first attempt to sell en bloc in June but had no takers. Mr Tan Chun[…]

Collective-sale fever cools for large residential sites

While such deals remain strong, more sites have been unable to find buyers, analysts say Even before new rules to raise the minimum average unit size for condominium and private apartment projects outside the central area were announced last Wednesday, the collective-sale fever was abating for larger sites, as owners at Chuan Park condo know[…]