Sophia Mansions, a freehold development located along Adis Road (District 9), has been launched for sale by tender. The 19-unit, 20-year-old residential development sits on a freehold site with a The land area is approximately 17,545 square feet (sq ft). The marketing agent, Credo Real Estate said the owners are expecting offers in the region of S$42.5 million to S$45 million. This works out to land...
Enbloc
Novena Ville has been successfully sold in a collective sale exercise for S$131.5 million to property developer Fragrance Group. The sale price works out a land rate of S$1,730 psf per plot ratio. The land area is about 51,092 sq ft, and has a gross plot ratio (GPR) of 1.4 and an allowable height of up to four storeys. There is no development charge is payable for redevelopment. The freehold mixed-use...
Jade Towers, a residential development in the Upper Serangoon area, has been sold to Roxy Residential - a wholly-owned subsidiary of Singapore-listed Roxy Pacific - for S$106.27 million according to Channel NewsAsia. The sales price translates to a unit land rate of S$807 per square foot per plot ratio and no development charge is payable. Marketing agent Savills said each owner can potentially receive...
Novena Ville, a 43-unit mixed-use development along Thomson Road, has been put up for en-bloc sale. Its marketing agent Credo Real Estate says it is expected to be hotly contested as it has the potential to accommodate shops on the ground floor. Credo adds that the sellers are expecting offers in the region of S$125 million to S$135 million. The freehold site has an area of 51,092 square feet and with a...
Green Lodge, a freehold property at Toh Tuck Road, has been put up for collective sale with an indicative price of S$195 million. Property consulting firm DTZ Debenham Tie Leung (SEA) is conducting the tender exercise for the sale, which will close on May 15 at 3pm. Green Lodge can be developed into a five-storey condominium development at a gross plot ratio of 1.4. It sits on a land area of about...
Harbour View Gardens, a freehold residential site in Pasir Panjang, has been put up for collective sale. Its marketing agent Colliers International said indicative price for the site is between S$36 million and S$38 million, which works out to be between S$836 and S$883 per square foot per plot ratio. Harbour View Gardens comprises a total of 14 units and is located on a site measuring about 30,745...
Boutique property developer Oxley Holdings has acquired McDonald's Place for S$150 million. In a statement released on Tuesday, Oxley said its subsidiary Oxley Sanctuary had purchased all seven strata commercial units in the freehold development located at King Albert Park from Valewood Investments Pte Ltd. The freehold two-storey commercial building is sited on a land area of 5,535 square metres that is...
Cavenagh Gardens, a freehold apartment block in District 9, has been put up for en bloc sale with an indicative price of between S$460 million and S$480 million. This works out to between S$1,708 psf ppr and S$1,782 psf ppr excluding balcony allowance, or around S$1,553 psf ppr to S$1,620 psf ppr including balcony allowance. The PropNex Investment Sales Department, which is marketing the property, said...
Bartley Grove Apartment, together with three adjoining terrace houses at Bartley Road have been sold for S$74.1 million to a subsidiary of Singapore-listed Top Global. Located in District 19, the combined freehold site has a land area of 65,305 sq ft with a gross plot ratio of 1.4 and an allowable height of up to five storeys. Marketing agents Credo Real Estate said the sale price translates to a unit...
Fragrance Group, together with Aspial Corporation have jointly acquired Tai Keng Court for S$161.11 million. In a statement released Thursday, Fragrance Group said it incorporated a special purpose company with Aspial Corporation known as Kensington Village Pte Ltd to acquire Tai Keng Court through a collective sale tender. Fragrance Group said the vendors of Tai Keng Court have accepted the tender bid...