Dairy Farm joins billion-dollar en bloc list with asking price of over S$1.68b

The estate comprises 477 residential units and 10 retail shops, and is a 3-minute walk from the new Hillview MRT station. PHOTO: TEAKHWA REAL ESTATE ANOTHER residential development that could smash the collective sale record currently held by Farrer Court is The Dairy Farm, if it obtains the requisite approval from owners and is successfully sold. … Continue reading Dairy Farm joins billion-dollar en bloc list with asking price of over S$1.68b

Joint venture acquiring Cairnhill Heights for $72.6m

Tiong Seng and Ocean Sky, both Singapore-listed companies, said in separate regulatory filings yesterday that they will, through TSky Development, set up a project company to undertake the redevelopment of the Cairnhill Heights site.PHOTO: ERA REALTY NETWORK A joint venture between construction and engineering firm Tiong Seng Holdings and civil engineering company Ocean Sky International … Continue reading Joint venture acquiring Cairnhill Heights for $72.6m

Private home prices jump by 3.1% in first quarter

While the HDB resale market remains subdued, analysts expect the positive sentiments in the private residential property market to continue While the private property market registered the sharpest rise in prices since 2010, prices of HDB resale homes fell in the first quarter of this year, based on flash estimates released by the Urban Redevelopment … Continue reading Private home prices jump by 3.1% in first quarter

Makeway View sold to Bukit Sembawang Estates for $168 million

SINGAPORE - A unit of Bukit Sembawang Estates has successfully tendered for the sale en bloc of the freehold Makeway View for S$168 million. This was also the asking price when the collective sale tender was launched on Jan 23. The sale price reflects a land rate of S$1,626 per sq ft per plot ratio (psf … Continue reading Makeway View sold to Bukit Sembawang Estates for $168 million

Olina Lodge, Verdun House up for collective sale for S$220m, S$60m respectively

OWNERS of Olina Lodge, a freehold project in prime district 10, hope that third time's the charm for their collective sale attempts and have launched their properties for en bloc sale - this time with a reserve price of S$220 million. This translates to a land rate of S$1,631 per square foot per plot ratio … Continue reading Olina Lodge, Verdun House up for collective sale for S$220m, S$60m respectively

Pacific Mansion in River Valley goes for $980m in biggest en-bloc sale this round

  SINGAPORE - GuocoLand and the Hong Leong Investment Holdings group have won a bid to buy the Pacific Mansion condominium development in River Valley for S$980 million, setting a new high among recent en bloc deal amounts. The winning bid represents a 4.5 per cent premium to the apartment owners' reserve price of S$938 million. … Continue reading Pacific Mansion in River Valley goes for $980m in biggest en-bloc sale this round

Mandarin Gardens set for record en bloc sale with S$2.5 billion asking price

SINGAPORE: En bloc fever has reached a new high with an attempt by the owners of Mandarin Gardens condominium to engineer what is set to become Singapore's largest collective sale. According to documents seen by Channel NewsAsia, owners of the 99-year leasehold development in East Coast have set a S$2.48 billion price tag in a … Continue reading Mandarin Gardens set for record en bloc sale with S$2.5 billion asking price

Tanjong Katong bungalow market on a roll

A string of large freehold bungalow deals have been sealed in the past few months in the Tanjong Katong area. These include transactions in Boscombe, Branksome, Lyndhurst, Wilkinson and Arthur roads. Some of these are old bungalows that were bought by families already living in the area for redevelopment into their new homes. Among the … Continue reading Tanjong Katong bungalow market on a roll

Golden Mile, People’s Park buildings join collective sale fever

The fate of People's Park Complex and People's Park Centre in Chinatown, as well as Golden Mile Complex and Golden Mile Tower in Beach Road, hangs in the balance with the collective sale fever sweeping the country. These structures are mostly half-way into their 99-year leases. A committee was formed for the collective sale of … Continue reading Golden Mile, People’s Park buildings join collective sale fever