Enbloc

Beaufort On Nassim up for collective sale at S$223m reserve price

A prime District 10 freehold condominium, Beaufort On Nassim, has been launched for collective sale by tender at a minimum expected price of S$222.68 million, real estate services firm Savills Singapore announced on Wednesday. The price tag translates to a unit land rate of S$3,508 per square foot per plot ratio (psf ppr). Completed in 2008, the four-storey development on 12 Nassim Road occupies a...

Happy ending for S$401.9m collective sale of City Towers in Bukit Timah

The collective sale of City Towers in Bukit Timah has finally been completed at its fourth en bloc attempt and after a pair of sibling owners initially attempted to block the deal. Sale of the District 10 freehold site for S$401.9 million to a unit linked to Hong Kong tycoon Li Ka-shing was completed on Aug 27, real estate firm Colliers International announced in a press statement on...

Braddell View mega site relaunched for en bloc sale at same reserve price of S$2.08b

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...

Phoenix Road property in District 23 sold en bloc to Qingjian Realty unit for S$42.6m

A row of apartments and shops on Phoenix Road near Bukit Panjang has been sold en bloc for S$42.6 million in the property’s second collective sale attempt. The buyer was CNQC Realty (Treasure), a subsidiary of developer Qingjian Realty (South Pacific) Group, according to marketing agent Colliers International on Monday evening. The sale price is above the owners’ asking price of S$42 million, and...

Waterloo Street apartment site up for sale with S$145m asking price

Apartment development Min Yuan, a 27-unit residential with commercial on its first storey has been put up for sale with an asking price of S$145 million, said exclusive marketing agent CBRE on Monday. Including a payable development charge of around S$19.55 million, the land price works out to about S$2,678 per square foot per plot ratio (psf ppr) for the 999-year leasehold site which spans about 14,629...

Bukit Timah condo Watten Estate up for collective sale with S$536m reserve price

Freehold condominium Watten Estate will be up for collective sale by public tender on July 30 with a reserve price of S$536 million. This translates to a land rate of S$1,738 per square foot per plot ratio (psf ppr), sole marketing agent Huttons said on Monday. The 104-unit development is located at Shelford Road, and is zoned for residential use with a gross plot ratio of 1.4. It has a sprawling land...

Lakepoint condo in Jurong up for collective sale with S$640m reserve price

Lakepoint Condominium near Jurong Lake District, positioned as Singapore's second Central Business District, has been put up for collective sale via tender with a reserve price of S$640 million, its joint marketing agents SLP International Property Consultants and Strata AMC said on Tuesday. The property is a five minute-walk from Lakeside MRT station, and is close to shopping malls such as JEM,...

Sophia View sold in 2019’s first residential collective sale

A small District 9 apartment building has broken a more than six-month silence in the residential collective sale market. The five-unit Sophia View was sold in June in Singapore to a private investor. Marketing agent SRI declined to reveal the exact price tag coughed up but said each unit will get about S$2 million. Sophia View, at 108 Sophia Road, is zoned residential and has a plot ratio of...

Singapore Shopping Centre on en bloc market with S$255m reserve price

Singapore Shopping Centre has put itself on the collective sale market with a reserve price of S$255 million. The seven-storey retail and office development, located at 190 Clemenceau Avenue opposite Dhoby Ghaut MRT, spans a land area of 2,449.8 sq m. It is zoned for commercial use under DMP19 with a plot ratio of 4.2+. The development also has a "prominent triple-road frontage onto Clemenceau...

Sim Lim Square extends en bloc tender deadline as prospective bidders consider future hotel

Tech hub Sim Lim Square has extended the closing date for its collective sale tender by one month to give prospective bidders more time to explore the possibility of converting the commercial site into a hotel, the property’s marketing agent SLP International told CNA on Monday (Jun 24). The tender, which was meant to close on Monday, will now close at 3pm on Jul 22. Under the Urban Redevelopment...

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