Serene Centre launched for sale via tender at $120 million

SINGAPORE – Serene Centre, a prime mixed-use development at the corner of Bukit Timah Road and Farrer Road, will be launched for sale via tender for the first time on Friday at a reserve price of $120 million. Built in the 1980s, the freehold four-storey commercial/residential development in 10 Jalan Serene comprises 30 retail/F&B units,[…]

Orchard Bel-Air up for collective sale at $587.5 million

SINGAPORE – Orchard Bel-Air condominium in prime Orchard Boulevard has jumped on the collective sale bandwagon with a public tender at a guide price of $587.5 million. If successful, owners of units ranging from 300 sq m to 303 sq m stand to receive about $8.1 million each, while the owner of the sole 605 sq m[…]

Chuan Park sold for $890m in biggest en bloc deal since Tulip Garden

SINGAPORE – Entities related to developers Kingsford Group and MCC Singapore have raised their offer for leasehold condo Chuan Park to about $890 million, from their expression of interest (EOI) of $860 million in June. The Straits Times understands a sale and purchase agreement was signed last week with the collective sale committee (CSC) of the 446-unit[…]

Chuan Park gets $860m offer, below $938m en bloc reserve price

SINGAPORE – The collective sale committee (CSC) of Chuan Park condominium, a 99-year leasehold project in Lorong Chuan, has received an expression of interest (EOI) from a developer for $860 million, below its reserve price of $938 million. Marketing agent ERA Realty, in a June 17 letter seen by The Straits Times, urged owners of the[…]