Hoi Hup Realty has won the tender to buy Whitley Heights for S$159 million in a collective sale. The selling price for the 45-unit condominium development is lower than the initial reserve price of between S$185 million and S$210 million in January, and the revised reserve price of S$165 million in June. Credo Real Estate, which is marketing the 130,165-sq-ft property, said it "could be the third-largest...
Whitley Heights Enbloc
Whitley Heights, a District 11 condominium development located off Whitley Road has been re-launched for tender with a lower reserve price. This follows the unsuccessful tender exercise called for in January this year. Credo Real Estate managing director, Mr Karamjit Singh, who is handling the sale, said the offers received for the site were below the owners' initial Reserve Price. This prompted the...
After a strong run last year, it looks like the en bloc market is ushering in the new year with a bang. Apartment complex Whitley Heights is up for collective sale -- the first property to be offered this year. Re-zoned for landed housing, the site should attract substantial interest, according to analysts. Experts said sites like the Whitley Heights apartment complex are a rare find. Located off...