Asia Gardens, a freehold 84-unit condo development located within the upcoming Spottiswoode residential cluster has been launched for collective sale. According to marketing agent Savills Singapore, the development sits on a 72,059 sq ft land parcel and has a gross floor area (GFA) of 201,465 sq ft. With a plot ratio of 2.8, the site is zoned for residential use under the 2008 Master Plan. The property...
Collective Sales
Landmark Tower, a prime residential development located at Chin Swee Road on the fringe of the central business district (CBD) has been launched for public tender. Zoned for residential usage under the 2008 Master Plan, the site measures approximately 60,821 sq ft and has a plot ratio of about 4.014. It will provide the developer an opportunity to design a project with an inner city living concept. The...
Kemaman View, a freehold residential development located off Balestier Road, was sold en bloc for S$45.5 million on Monday. The sale translated to S$935 per square foot per plot ratio for the 17,388-square-foot site. The buyer is privately-owned developer Aylesbury Private Limited, who outbid two other entities to clinch the deal. The development's marketing agent HSR Investment Sales said the owners of...
En-bloc property sales have lost its shine so far this year. A total of nine en-bloc properties have been successfully transacted this year to date. This compares to 29 transactions in the same period last year. Although developers have turned cautious as cooling measures and requirements to build and sell out all the new units in five years start to bite, experts said interest in mixed-use en-bloc...
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...
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...