Braddell View

Singapore's largest private residential site - Braddell View estate - has been relaunched for collective sale by tender, with the owners' reserve price remaining unchanged at an eye-grabbing S$2.08 billion. Owners of the residential units stand to receive between S$2.04 million and S$4.03 million each if the sale succeeds, marketing agent Colliers International said on Tuesday. Apartments range in size...

Braddell View another victim of moribund en bloc market The collective-sale cycle appears to be running out of steam, with no residential projects having achieved a successful outcome so far this year; the mega Braddell View estate has become the latest to reach its tender close with zero bids. Market watchers were unsurprised by the lack of takers for Singapore's largest private residential site,...

Braddell View will be launched for collective sale by public tender on March 27 at a reserve price of S$2.08 billion, after 80 per cent of its owners voted to put the property on the market. The development on Braddell Hill is the largest private residential site here, and was the largest of the 18 former Housing and Urban Development Company (HUDC) estates in Singapore, comprising 918 units of...

The last of Singapore's Housing and Urban Development Company (HUDC) estates has been privatised, it was announced on Friday (Mar 17). Braddell View estate has obtained the required 75 per cent majority support from flat owners to proceed with the privatisation, said the Housing and Development Board (HDB) in a press release. With effect from Friday, it will be converted into a strata-titled estate...

The Braddell View management committee said more than 80 per cent of flat owners have agreed to the privatisation of the HUDC estate, as of January 28. This is already more than the 75 per cent mandate required for privatisation. Residents have to pay a top-up to harmonise the two leases on which the estate is built, which have different expiry dates. The committee said according to the chief...

Analysts have said the collective sales of large Collective sale projects will remain challenging amid a slowing property market. Of the 13 HUDC estates that have been legally privatised so far, only five have successfully completed the en bloc deal. Braddell View is the last of 18 HUDC estates to be announced for privatisation. Analysts said that should it go through, residents will have greater...

Parliament has passed amendments to the HUDC Housing Estates Act to allow Braddell View residents to have the option of privatisation, should they decide to do so. Speaking in Parliament on Monday, Minister of State for National Development Lee Yi Shyan said: "Privatisation will allow Braddell View flat owners to own private housing and have control over the management and maintenance of their...

The Ministry of National Development has proposed an amendment to the HUDC Housing Estates Act. This is to primarily facilitate the privatisation of Braddell View. Braddell View - the only HUDC estate left governed by the act - was developed on two different land leases with separate expiry dates. In order to privatise the estate, the different dates need to be harmonised. The existing act empowers the...

Property buyers who are willing to pay top dollar for a unit at Braddell View for its en bloc potential may face a long wait. The route towards a possible collective sale of the HUDC estate looks like a long and bumpy one, with the unique status of the development throwing up obstacles along the way. Braddell View while having facilities such as a clubhouse and swimming pool - suggesting a private...

Large apartments are becoming scarce in Singapore as developers continue to shrink the sizes of newer units these days. For those who aspire to a bigger apartment and are looking at a value-for-money purchase, HUDC flats are an attractive option. This is clearly the case at the 918-unit Braddell View located on Braddell Hill, where there were four transactions from Aug 13 to 20. “The main attraction is...