Enbloc

Sim Lim Square retail mall makes second run for collective sale

Sim Lim Square retail mall is up for collective sale under a second tender, following the discovery of an extra 27 per cent built-up space. SLP International Property Consultants Pte Ltd said the mall, located at the apex of the Ophir-Rochor corridor, will be put up for collective sale via public tender on Dec 16, 2019. Built in 1985, the strata titled retail mall is a 99-year leasehold site sitting...

Leshan Gardens in Geylang sold for S$26.28m

Leshan Gardens, a 38-unit residential development off Geylang Road, is being sold for S$26.28 million by Kwong Wai Shiu Hospital, The Business Times understands. The buyer is an ear, nose, throat specialist doctor who also engages in the property business. Located at 1 Lorong 32 Geylang, Leshan Gardens is on a 16,412 square foot site with freehold tenure but Kwong Wai Shiu Hospital is carving out a...

Queensway Shopping Centre’s en-bloc bid falls through; some shop owners rejoice

A bid to put the iconic Queensway Shopping Centre on the market has fallen through after a lukewarm response from owners — much to the relief of some shopkeepers. Savills Singapore, the marketing agent of the 43-year-old freehold development, confirmed on Tuesday (Nov 26) that the proposed en-bloc sale is off the table. The adjoining Queensway Tower, a residential block, was also part of the...

The Arcade up again for collective sale with $780m asking price

Owners of The Arcade in Collyer Quay are making a second stab at a collective sale with an asking price of S$780 million, 10 per cent lower than the S$868 million price tag attempted in 2014. The new asking price translates to an estimated land rate of S$2,833 per square foot per plot ratio, said marketing agent Colliers International in a media release on Wednesday. The Arcade comprises 127 office...

Riverside Piazza near Clarke Quay for en bloc sale with S$198m reserve price

Riverside Piazza near Clarke Quay will be put up for collective sale via tender at a reserve price of S$198 million on Nov 5, marketing agent Colliers International announced on Monday. The Riverside Piazza comprises 40 apartments and 24 commercial shops, with sizes ranging from 58 sq m to 333 sq m (624 sq ft to 3,584 sq ft). Depending on the size of their unit, each owner could stand to receive between...

Bugis Cube launched for collective sale with S$230m reserve price

Bugis Cube has been put up for collective sale via a public tender exercise at a reserve price of S$230 million, marketing agent Cushman & Wakefield said on Monday. Located at 470 North Bridge Road, Bugis Cube is a six-storey commercial building with a basement floor car park. It has 119 strata-titled retail shops, including food and beverage (F&B) outlets; beauty, hair and nail salons; and a family...

Cascadale condo in Changi relaunched for en bloc sale at unchanged S$270m price

The owners of Cascadale condominium in Changi are making a second attempt at an en bloc sale at the same reserve price of S$270 million, market agent JLL said on Tuesday. The 25-year-old freehold property in District 16 was first launched for collective sale in May this year. If the sale is successful, the owners of the 134-unit property will stand to receive between S$1.4 million and S$4 million...

Bishan Park Condominium up for collective sale with S$680 million asking price

Bishan Park Condominium is being put up for collective sale with an asking price of at least S$680 million, its marketing agent ERA Realty said on Tuesday (Sept 24). The 28-year-old condominium is just an eight-minute drive from Braddell View — a mega site also up for en-bloc sale with a S$2.08 billion price tag. That site is still looking for a buyer with its tender due to close on Wednesday. More...

Manhattan House up for sale, S$300m reserve price

Manhattan House - a full commercial site along Chin Swee Road - will be up for sale via a public tender on Friday, with a reserve price of S$300 million. This reflects a land rate of S$1,681 per square foot per plot ratio, inclusive of the differential premium payable, ERA Realty Network said in a news release on Wednesday. The collective sale launch was announced after Manhattan House received a...

St George’s Rd shops, apartments up for collective sale at S$26.5m

A row of three shops and the residential units above them along St George’s Road will be launched on Thursday for collective sale via private treaty at an asking price of S$26.5 million. Located at 2, 4 and 6 St George’s Road, the 4,403 square feet (sq ft) freehold land has a plot ratio of 3 and gross floor area of 13,210 sq ft, said sole marketing agent Jie Sheng Housing Agency on Wednesday. The...

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