Six shophouses - three on Baghdad Street, and three in the Telok Ayer area - were put up for sale on Wednesday. With the sites for all six shophouses zoned for commercial use, purchases are open to both local and foreign buyers, with no additional buyer's stamp duty to be imposed. Three adjoining prime shophouses at 14, 16 and 18 Baghdad Street are up for sale as an entirety by expression of interest...
Two shophouses located in the central business district (CBD) and three adjoining shophouses in Jalan Besar have been put up for sale by tender, marketing agents PropNex and Edmund Tie said separately on Tuesday. The three-story shophouse with an attic at 35 Kreta Ayer Road has a S$12 million guide price, or S$2,181 per square foot (psf) based on a total floor area of about 5,500 square feet (sq ft)....
A commercial site at Cecil Street/Telok Ayer Street attracted four bids at the close of tender yesterday, with the top bid of S$924 million coming from Fraser & Neave unit FC Commercial Trustee, data from the Urban Redevelopment Authority showed. The 99-year leasehold site, originally made available through the Reserve List of the Government Land Sales programme last December, was put up for tender in...
A commercial site at Cecil Street/Telok Ayer Street has attracted four bids at the close of its tender on Thursday. The top bid was submitted by Frasers Centrepoint through FC Commercial Trustee Pte Ltd for S$923.95 million. This works out to about S$1,111 per square foot per plot ratio. The lowest bid came in at S$707 million from AT Capital Holdings. Analysts expect the break-even for this site to...
The Urban Redevelopment Authority (URA) launched a 0.8-hectare commercial site at Cecil Street/Telok Ayer Street for public tender on Tuesday. URA had earlier received a commitment from a developer to bid at least S$623.73 million for the site. Under the Reserve List system, the site will be put up for sale by public tender as the minimum price committed by the developer is acceptable to the...
In about two weeks, developers can start bidding for the site at Cecil Street/Telok Ayer Street. The sale for the reserve site was triggered after an unknown developer has committed to bid at least S$623.7 million in the tender. The Urban Redevelopment Authority (URA) said the land parcel spans 7,600 square metres. It has a maximum permissible gross floor area of 77,000 square metres and can be...
The Urban Redevelopment Authority (URA) has released the detailed sales conditions for the two commercial sites at Venture Avenue and Cecil Street / Telok Ayer Street today. The land parcel at Venture Avenue is launched for sale by public tender under the Confirmed List, while the land parcel at Cecil Street / Telok Ayer Street is made available for application for sale under the Reserve List of the 2nd...
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