Spanish Village makes third attempt to go en bloc

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[…]

Blockbuster year for selling en bloc in 2018

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[…]

Grange Heights owners relaunch collective sale bid

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[…]

Sultan Plaza up for sale en bloc at $380m

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[…]

Leonie Gardens seeks to go en bloc again at $800m

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[…]

$550m guide price for HighPoint collective sale

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[…]