With last July’s property cooling measures in mind, the owners of Spanish Village in Farrer Road have put the freehold private estate up for sale en bloc again, while working to lower the reserve price – just like two other collective sale relaunches so far this year. “Despite the cooling measures introduced last year, the[…]
35 residential deals valued at over $10b highest in over a decade En bloc sales notched a blockbuster performance last year with 35 residential deals valued at more than $10 billion, the highest in more than a decade. Together with 27 deals valued at $8.13 billion in 2017 and three deals valued at $1 billion[…]
Two sites, Gilstead Court and Lakeside Apartments, are back on the market for sale en bloc, likely with lower reserve prices amid the cooling collective sale fever. Freehold Gilstead Court in the Novena-Newton enclave has been relaunched for sale by tender, and its collective sale committee has proposed to lower the reserve price from $168[…]
Reserve price of the freehold property remains at $820m Owners of the Grange Heights condominium are the latest to relaunch a collective sale bid in what is a decidedly chillier market. The tender for the St Thomas Walk freehold property opens today, said marketing agent Colliers International. The reserve price remains at $820 million, the[…]
SINGAPORE – Forty home owners of 43-unit freehold Ampas Apartment, which was sold last year in a $95 million collective sale, have sued the buyer for wanting to pull out of the deal. Buyer Oxley Jasper, a subsidiary of public-listed Oxley Holdings, said it was entitled to call off the deal after its proposal for[…]
Agent says it has received interest from developers even before launch, given the choice location The owners of the Sultan Plaza commercial building along Jalan Sultan have launched a public tender for a collective sale with a reserve price of $380 million. The 99-year leasehold development, which was built in the 1970s, sits on 52,471[…]
Same reserve price as previous attempt, whose tender closed last June with no bids Leonie Gardens joins a growing list of die-hard sellers trying their luck to go en bloc in the new year. The prime District 9 condominium in Leonie Hill, whose collective sales agreement expires in May, relaunched its tender for a second[…]
It may be developed as integrated project with 86,000 sq m GFA if main building is retained: URA The iconic Golden Mile Complex may be developed as an integrated project with a gross floor area (GFA) of 85,977.5 sq m if it finds a buyer, but its landmark main building will have to be retained,[…]
The Realty Centre commercial block in the central business district has launched a tender for a collective sale with a $165 million reserve price. The freehold site in Enggor Street has a land area of 1,021.9 sq m or 11,000 sq ft. According to the URA 2014 Master Plan, it has a plot ratio of[…]
The condo, on a freehold site with land area of 47,606 sq ft, is near Orchard Road shopping belt The HighPoint condo block in Mount Elizabeth Road has been listed for collective sale with a guide price of $550 million, marketing agent CBRE said yesterday. The block sits on a freehold site and has 57[…]
Both sites, which did not seal a deal the last time, eyeing lower reserve prices now Two more condominium blocks are having another shot at a collective sale, this time hoping to throw in the lure of a lower reserve price. Both the developments – Flynn Park and Choon Kim House – have signed up[…]
Cavenagh Gardens is the latest development hoping for another chance to sell en bloc, but the owners are not budging from their initial reserve price of $480 million. The project comprises three blocks of 172 apartments, spanning 128,255 sq ft with a gross plot ratio of 2.1. Marketing agent JLL said the site could be[…]