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...
A row of apartments with commercial shops along Phoenix Road in Bukit Panjang will be put up for collective sale via public tender on Thursday for S$42 million, marking the first time that the owners are embarking on an en bloc sale. This translates to a land rate of S$617 per square foot per plot ratio (psf ppr), and S$566 psf ppr after factoring in the 7 per cent bonus balcony gross floor area. No...
The Urban Redevelopment Authority (URA) has closed the tender for the residential site at Choa Chu Kang Road/Phoenix Road after receiving five bids in total. Joint bidders Far East Civil Engineering and China Construction Development submitted the highest bid of S$142.78 million, which translates to about S$411 per square foot per plot ratio. The next highest bid came from EL Development at S$122...
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