Top Global paying $170m for 43 units in Thong Teck Building

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[…]

Nassim Road condo up for sale en bloc at $223m reserve price

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[…]

Phoenix Rd units sold for $42.6m in second collective sale attempt

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[…]

Row of six Joo Chiat shophouses up for sale

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[…]

Two mixed-use developments up for collective sale

Two mixed-use developments are on the collective sale market – one making its debut, while the other is trying again after a revamped proposal. The new entrant is the freehold Hoa Nam Building in the Lavender area, which is asking for $160 million. The price works out to $1,866 per sq ft based on the[…]

Phoenix Rd units back on collective sale market

Second bid by owners of Bukit Panjang flats, shops; indicative price remains at $42m The owners of a row of apartments and shops in Bukit Panjang are making a second attempt at a collective sale with an unchanged indicative price of $42 million. The Phoenix Road properties previously went on sale last November. They comprise[…]

Sim Lim Square extends deadline for en bloc tender

Move gives potential buyers extra month to see if mall site can be turned into mixed-use space with hotel Sim Lim Square is keeping its sale tender open for an extra month to give potential buyers more time to assess if the commercial site on Rochor Canal Road can be turned into a mixed-use project[…]

Sim Lim Tower office floor up for sale at $15m

A freehold strata office floor at Sim Lim Tower in Jalan Besar has been put up for sale by tender with an asking price of $15 million, marketing agent Edmund Tie and Company (ET&Co) said yesterday. The 15th storey of the 17-storey building has a total area of about 778 sq m or 8,374 sq[…]

Sim Lim Square to go online amid collective sale

Sim Lim Square is moving with the times with its soon-to-be-launched e-commerce platform for mall tenants. The platform is still being tested and will launch on July 1, the centre’s management said yesterday. The initiative has been in the works for a year and is not in response to the mall’s collective sale, it noted,[…]

Braddell View fails in bid to go en bloc

Braddell View’s attempt to sell en bloc, which was launched at a reserve price of $2.08 billion, closed on Tuesday without any bids. Ms Tang Wei Leng, managing director of marketing agent Colliers International, said: “The Braddell View collective sale committee has instructed Colliers to enter into private treaty negotiation for the collective sale of[…]