Enbloc

There has been no successful collective sale of residential sites in Singapore since the Covid-19 pandemic started, bringing the en bloc market, which has been slowing down since the July 2018 cooling measures, to a halt. Checks with property analysts showed that there have been six launches and only one deal closed in early January before the coronavirus outbreak hit Singapore’s shores. In...

Freehold residential development Tivoli Lodge has entered private treaty on Friday - after having been launched for collective sale by tender in March this year - sole marketing agent ERA Realty Network told The Business Times. The guide price remains the same at S$17.3 million, which translates to a land rate of about S$795 per square foot per plot ratio. There will not be any additional development...

Adjoining condominiums Fairhaven and Sophia Ville at Sophia Road will be launched for collective sale by tender on Aug 3 with a combined indicative price of S$64 million. The majority owners of both developments agreed to band together so that the sites may be offered to a developer who can redevelop them into a larger residential project, sole marketing agent JLL said on Thursday. Over 80 per cent...

Marketing agent PropNex Realty informed that the adjacent condominiums Wing Fong Mansions and Wing Fong Court will be put up for tender on Tuesday, with an indicative land pricing of S$1,280 per square foot per plot ratio (psf ppr) for the combined sites. The two freehold homes in Geylang were put up for collective sale by PropNex in January of this year, with the tenders originally scheduled to finish...

Mixed-use tower High Street Centre at 1 North Bridge Road will be available from Tuesday for collective sale via public tender at a reserve price of S$800 million, with approval received for commercial and hotel use. Owners holding not less than 80 per cent of strata area and share value of the commercial and residential property have agreed to put it on the market with that price tag, the appointed...

GSM Building at 141 Middle Road has been launched for sale by tender, after the minimum consent level required for the site to be launched for an en bloc sale was achieved, according to marketing agent Mount Everest Properties. The upgrading premium is about S$18.6 million, on top of the asking price in the region of S$98 million, Mount Everest Properties said. The building has a land area of about...

Singapore Shopping Centre is back on the collective-sale market, half a year after its previous attempt in July 2019, with an unchanged reserve price of S$255 million. This time, though, the seven-storey retail and office building in Clemenceau Avenue has been given provisional approval to re-zone for hotel use, its marketing agent said on Wednesday. The site, which occupies a 2,449.8 square metre...

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...