People’s Park Complex, People’s Park Centre, Golden Mile Complex and Golden Mile Tower attempting collective sales

Riding on the wave of en bloc fever, four post-independence landmarks in Singapore, known for their gritty appearances, might disappear from the Republic's landscape. The fate of People's Park Complex and People's Park Centre in Chinatown, as well as Golden Mile Complex and Golden Mile Tower at Beach Road, hangs in the balance. These structures are mostly half-way into their 99-year leases. A...

Amber 45

Amber 45 is a 21-storey boutique development offering 139 units. As part of its smart home offerings, each unit is integrated with voice-activated functions and smart digital locks. Using a mobile application, residents are also able to answer video calls from guests, as well as book the condominium facilities. Amber 45 is located near East Coast Park and is close to the upcoming Tanjong Katong and Marine...

GuocoLand sells over 100 units at Sims Urban Oasis

Developer GuocoLand has sold more than 100 units at its 1,024-unit Sims Urban Oasis condo project at Aljunied since sales began on Feb 14. Some 200 units ranging from one to five-bedroom units were released in the first phase, with selling prices of between S$1,295 and S$1,595 per square foot (psf) (psf), the developer told BT. The nearly 2.4-hectare site fronting Sims Drive, Aljunied Road and the...

8 Hullet at Orchard

8 Hullet is a rare exclusive development nestled amidst the conservation houses of Emerald Hill, sitting over glamorous Orchard Road where luxury, entertainment and style unfolds with every step you take. It strategically located at Singapore's exclusive shopping belt where the modern convenience of dining, entertainment and good schools is balanced with the quaint and private neighbourhood of a national...

EL Development buys Singtel’s Hill Street property

Singtel is selling its Hill Street property to homegrown-property group EL Development. Planning approval has been granted for redevelopment of the site into a hotel. The price is between S$115 million and S$120 million, which works out to about S$1,830 per square foot per plot ratio, according to Business Times. The unit land price is inclusive of a differential premium to change the use of the...

Centrium Square

Centrium Square is a new mixed-use integrated commercial development in the prime location on Serangoon Road. With its bold vibrant, contemporary design, it offers high specification office spaces and modern medical suites all complemented by attractive shops. Strategically located in the heart of city fringe, it is easily accessible via major roads, expressway and just miinutes walk to Farrer Park MRT...

Brookvale Park sold for S$530 million in collective sale

Brookvale Park, a 160-unit development at Sunset Way, has been sold to Hoi Hup Sunway, a joint venture between Hoi Hup Realty and Sunway Developments for S$530 million. This marks the fourth collective sale sealed under private treaty this week, after their public tenders had earlier closed without a sale being concluded. The latest deal also represents the largest investment by Hoi Hup and Sunway...

Park Place Residences at PLQ

Park Place Residences represents the creative spirit of modern Singapore. The towers occupy a prime position at the centre of this exciting and emerging neighbourhood in Paya Lebar. The condo connects the relaxed lifestyle of the east, with the bustling experience of the city. It is the perfect balance of personal sanctuary and convenient accessibility. The residences comprises 429 apartments, many with...

The Wilshire en bloc sale tender launched with S$98.07m indicative guide price

The tender for the collective sale of the freehold The Wilshire along Farrer Road has been launched. Savills Singapore, the marketing agent for the District 10 property's collective sale, said that the indicative guide price is S$98.07 million, which works out to S$1,525 per square foot per plot ratio (psf ppr) based on the existing gross floor area (GFA) of 64,310 sq ft. The Wilshire, which is on a...

Collective sales fever in 2018 to drive private home sales

The collective sale frenzy sweeping the property market is expected to continue into next year, resulting in an upswing in home prices and transactions as displaced owners look for a new place to live. At least 44 condominiums are expected to go en bloc next year, creating more than 9,000 potential househunters, according to data from property consultancy Cushman & Wakefield. Most of the condominiums...

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