Realty Centre, an office building located at 15 Enggor Street within the Central Business District, has been put up for collective sale with a reserve price of S$165 million, marketing agent Cushman & Wakefield said on Monday. The freehold site, which has a land area of 1,021.9 square metres or approximately 11,000 sq feet, is zoned for commercial use under the Urban Redevelopment Authority’s 2014 Master...

Realty Centre, an office building located at 15 Enggor Street within the Central Business District, has been put up for collective sale with a reserve price of S$165 million, marketing agent Cushman & Wakefield said on Monday. The freehold site, which has a land area of 1,021.9 square metres or approximately 11,000 sq feet, is zoned for commerical use under the Urban Redevelopment Authority's 2014...

HighPoint, an apartment complex located in 30 Mount Elizabeth Road has been listed for collective sale through public tender with a guide price of S$550 million, the marketing agent for the tender CBRE said on Monday. More than 80 per cent of the owners of the building - comprising 57 apartments and two penthouses - have signed the collective sale agreement. The freehold site, located on a cul-de-sac...

The freehold 72-unit Flynn Park, off Pasir Panjang Road, has a minimum price of S$363.8 million. Following the July cooling measures, owners have been collecting signatures to get an 80 per cent mandate to lower the reserve price to S$325 million; they are at 75 per cent now. After factoring in an estimated development charge of about S$24.5 million, the original reserve price translates to S$1,331...

ARA Asset Management and British property group Chelsfield have jointly acquired Manulife Centre at 51 Bras Basah Road for around S$555.5 million. That's about S$2,305 per sq ft for the 11-storey commercial building with a net lettable area of over 241,000 sq ft. The vendors are City Developments (CDL) and Alpha Asia Macro Trends Fund II (AAMTF II), which is managed by Alpha Investment...

Would-be Housing Board buyers and sellers can now find out about property agent's track record with the click of a button. On Friday, the Council for Estate Agencies (CEA) launched the Property Agents' Transaction Records Initiative, which publishes the records of residential transactions facilitated by realtors here in the last two years. The first phase of the initiative has seen the CEA's website...

The City Towers collective sale tender was launched last January, and sold in February to a unit linked to Hong Kong tycoon Li Ka-shing for S$401.9 million. If a pair of siblings have their way, the collective sale of City Towers, sold last February to a unit linked to Hong Kong tycoon Li Ka-shing for S$401.9 million, will not go through. The brother and sister, who own two units at the freehold...

The New Year's Eve countdown is done, but the clock continues to tick for en bloc candidates as they race against a cooling market and various deadlines governing collective sales. The pressure has even led some projects to raise their asking price to persuade owners to come on board - which fly in the face of potential buyers' increasing aversion to mega tabs. Among them is the Dairy Farm estate,...

The number of Housing Board flats that changed hands in December 2018 was 23.9 per cent lower than in November, a bigger fall than a year ago, according to flash data from real estate portal SRX on Thursday. This was the fifth straight month of decline in volume of sales since July’s cooling measures which included a tightening of loan limits. While December is typically the slowest month of the...

Cavenagh Gardens is the latest development in Singapore hoping for another chance at an en bloc sale in 2019, and owners are not budging from their first attempt's reserve price of S$480 million. That translates to a land rate of S$1,695 per square foot per plot ratio (psf ppr) inclusive of an estimated state land premium of S$18.4 million to purchase some 11,800 sq ft of state land, or S$1,541 psf ppr...