Category: En bloc

The prime site along the Singapore River formerly occupied by popular nightspot Zouk has been put on the market at a minimum price of $689.35 million. The 99-year leasehold plot in Jiak Kim Street is expected to produce a new record for Government Land Sales (GLS) sites in terms of the land rate. Property experts … Continue reading Former Zouk site put on sale at $689.35m minimum price

It's almost a case now of another day, another estate sold en bloc. The latest to join the fray looks like Leonie Gardens in Leonie Hill, which is off Grange and River Valley roads. The upmarket condominium has made a move for its first collective sale attempt with the formation of a sales committee. However, … Continue reading Leonie Gardens to try to sell estate en bloc

The collective sale fever rages on, with another estate ready to chance its arm while freehold Royalville condominium in plush Bukit Timah hit the market yesterday. The new candidate is the Cashew Heights condominium in Upper Bukit Timah Road, whose owners formed a sales committee, albeit on their third try. The 999-year leasehold development, which … Continue reading Two more condos move closer to selling en bloc

Sim Lim Square, Singapore's gadget central, has taken the first step in its maiden collective sale attempt, with the formation of a sales committee. The six-storey mall in Rochor Canal Road is trying for a collective sale amid declining footfall in recent years, industry observers say. Part of that is due to the unsavoury headlines … Continue reading Sim Lim Square forms committee in first attempt

Former HUDC estate Braddell View is one step closer to jumping on the collective sale bandwagon. Mr Alex Teo, chairman of the Management Corporation Strata Title, told The Straits Times yesterday that 493 voted on Tuesday in support of forming the collective sales committee to kick-start the process, while 28 voted against. An owner at … Continue reading Braddell View gets closer to kick-starting process

Privatised HUDC estate Ivory Heights may soon go on the market after winning initial backing for a collective sale. The sale committee is making a push to secure backing from the required 80 per cent of home owners, with a whopping $1.34 billion price in its sights. This would match the record overall price paid … Continue reading Ivory Heights guns for $1.3b as it seeks sale approval

Collective sale fever is gaining steam by the day, with two freehold mixed-use projects joining the fray. Industry watchers said that while collective sales for such projects are relatively rare, as always, location and price will be key. Jalan Besar Plaza in Kitchener Road is making its third collective sale bid, with a guide price … Continue reading Two mixed-use sites launch collective sales

RESIDENTIAL MARKET Owners at the sprawling 660-unit Pine Grove near Ulu Pandan Road are hoping to pull off Singapore’s largest sale en bloc in dollar terms. They aim to launch a collective sale with an asking price of at least $1.65 billion – a price tag that would easily eclipse the record holder, the 618-unit … Continue reading Pine Grove residents plan $1.65b collective sale