Category Archives: Enbloc

Residential en bloc market poised to pick up: Analysts

The residential collective sales market is poised to pick up this year, with analysts citing the limited supply of private housing sites at state tenders and strong demand for land by developers as key factors. A collective sale, also known … Continue reading

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Former Hougang HUDC estate Rio Casa up for en bloc sale

Former HUDC estate Rio Casa was on Monday (Apr 10) put up for collective sale, announced its marketing agent Knight Frank in a news release. Owners of the river-fronting estate along Hougang Avenue 7 are expecting offers above S$450.8 million … Continue reading

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Cushman & Wakefield secure approval for redevelopment of Katong Shopping Centre

CUSHMAN & Wakefield, together with the Collective Sale Committee, has secured approval for the redevelopment of Singapore’s first air-conditioned mall Katong Shopping Centre for commercial and serviced residence use. The reserve price remains the same at S$630 million which translates … Continue reading

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One Tree Hill Garden to be up for en bloc sale

A boutique prime freehold residential development site in District 10 will come on the market when the collective sale of One Tree Hill Garden is launched within the next week. BT understands that the reserve price in the collective sale … Continue reading

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Trust mulls sale of 3 prime area apartment blocks

A bundle of three smallish freehold apartment developments in prime districts 9 and 10 may be put on the market soon, The Business Times understands. Estimated to be worth “a couple of hundred million Singapore dollars”, the portfolio comprises 120 … Continue reading

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Katong Shopping Centre put up for collective sale for a third time

Katong Shopping Centre has been put up for collective sale for the third time. The reserve price is set at S$630 million. This translates to a land price of S$2,248 per square foot per plot ratio. The mall, which contains … Continue reading

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Jalan Besar Plaza up for sale again, this time for S$380m

Jalan Besar Plaza will be put up for sale again after a bid to sell the building last November failed, real estate group Huttons said on Monday (Jun 6). The 36-year-old building will be launched for public tender on Tuesday … Continue reading

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Harbour View Gardens up for collective sale

Owners at Harbour View Gardens in Pasir Panjang are hoping to make it second time lucky, after launching the project for collective sale at about $34 million yesterday. About three years ago, the proposed sale of the site to Roxy-Pacific … Continue reading

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Property firm fined, barred for breaching en bloc rules

In an unprecedented move, the Council for Estate Agencies (CEA) has fined a property agency and barred it from undertaking any enbloc sale work for one year starting April 20, after it was found to have breached its duty as … Continue reading

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Shunfu Ville sold for S$638m, below S$688m reserve price

Shunfu Ville has been sold for S$638 million to developer Qingjian Realty. It is one of the largest collective sale deals since Farrer Court in 2007. The deal was struck after 80 per cent of the owners agreed to accept … Continue reading

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