Enbloc

FREEHOLD condominium Wing Fong Mansions in Geylang has been launched for collective sale with a reserve price of S$176 million, marketing agent PropNex Realty told The Business Times (BT) on Wednesday. It is up for tender along with an adjacent condo, Wing Fong Court, which was also put on the market two weeks ago at a reserve price of S$108 million. At least 80 per cent of the owners at Wing Fong...

A freehold condominium in Geylang, Wing Fong Court, has been launched for collective sale with a reserve price of S$108 million, marketing agent PropNex Realty told The Business Times (BT) on Thursday. Meanwhile, the adjacent condo, Wing Fong Mansions, is also expected to be put on the market “soon”, according to lead property consultant Richard Hau from PropNex. If and when this en bloc sale is...

Green Court will be launched for collective sale on Jan 7, with its owners expecting offers above their reserve price of S$28 million, marketing agent Knight Frank Singapore announced on Monday. The tender for the freehold mixed-use redevelopment site along Geylang Road will close at 3pm on Feb 19. Including an additional development charge of about S$5.24 million payable to the authorities to...

Colliers International has extended the tender submission date for the en bloc sale of The Arcade in Raffles Place by two months till March 5, 2020, at 3pm. This is because developers had asked for more time to assess the site, Colliers said in a press statement on Monday. The original deadline was Jan 8, 2020. Meanwhile, Colliers has also increased the land rate for the site after receiving the...

Sim Lim Square retail mall is up for collective sale under a second tender, following the discovery of an extra 27 per cent built-up space. SLP International Property Consultants Pte Ltd said the mall, located at the apex of the Ophir-Rochor corridor, will be put up for collective sale via public tender on Dec 16, 2019. Built in 1985, the strata titled retail mall is a 99-year leasehold site sitting...

Leshan Gardens, a 38-unit residential development off Geylang Road, is being sold for S$26.28 million by Kwong Wai Shiu Hospital, The Business Times understands. The buyer is an ear, nose, throat specialist doctor who also engages in the property business. Located at 1 Lorong 32 Geylang, Leshan Gardens is on a 16,412 square foot site with freehold tenure but Kwong Wai Shiu Hospital is carving out a...

A bid to put the iconic Queensway Shopping Centre on the market has fallen through after a lukewarm response from owners — much to the relief of some shopkeepers. Savills Singapore, the marketing agent of the 43-year-old freehold development, confirmed on Tuesday (Nov 26) that the proposed en-bloc sale is off the table. The adjoining Queensway Tower, a residential block, was also part of the...

Owners of The Arcade in Collyer Quay are making a second stab at a collective sale with an asking price of S$780 million, 10 per cent lower than the S$868 million price tag attempted in 2014. The new asking price translates to an estimated land rate of S$2,833 per square foot per plot ratio, said marketing agent Colliers International in a media release on Wednesday. The Arcade comprises 127 office...

Riverside Piazza near Clarke Quay will be put up for collective sale via tender at a reserve price of S$198 million on Nov 5, marketing agent Colliers International announced on Monday. The Riverside Piazza comprises 40 apartments and 24 commercial shops, with sizes ranging from 58 sq m to 333 sq m (624 sq ft to 3,584 sq ft). Depending on the size of their unit, each owner could stand to receive between...

Bugis Cube has been put up for collective sale via a public tender exercise at a reserve price of S$230 million, marketing agent Cushman & Wakefield said on Monday. Located at 470 North Bridge Road, Bugis Cube is a six-storey commercial building with a basement floor car park. It has 119 strata-titled retail shops, including food and beverage (F&B) outlets; beauty, hair and nail salons; and a family...