Gloria Mansion at Pasir Panjang up for en bloc sale at S$79m

Gloria Mansion at Pasir Panjang Road is hitting the market on Tuesday for S$79 million, the latest to hop on the collective sale train here. The freehold 12-storey, 31-unit hilltop apartment building is five minutes away from Haw Par Villa MRT Station and close to West Coast Highway and the Ayer Rajah Expressway. The reserve price of [...]

2018-06-19T15:50:00+08:00June 19th, 2018|Property News|

Soilbuild bags Balestier property with $143.88m bid

Soilbuild Group Holdings has won the tender for the collective sale of Kemaman Point, a freehold 89-unit residential development in Balestier Road, with a bid of $143.88 million. Each owner stands to receive between $1.4 million and $2.32 million. The sale of the property is subject to several conditions, including an order of the sale [...]

2018-06-19T15:48:35+08:00June 19th, 2018|Property News|

RESIDENTIAL MARKET More luxury condos to cross S$4,000 psf mark

Luxury residential properties crossing the S$4,000 per square foot (psf) mark in Singapore's prime Orchard Road district have been few and far between in recent years, but this could change, given the recent spate of record-setting land sales and upcoming launches in the district. Hong Kong-listed Shun Tak Holdings said on Wednesday that it has purchased two [...]

2018-06-18T11:16:03+08:00June 18th, 2018|Property News|

Lakeside Apartments owners ask for S$240m

Lakeside Apartments is now on the market with a reserve price of S$240 million, becoming the latest development to wade into the collective sale arena. With more than 80 per cent of the owners at the 134,176 sq ft site in the Jurong Lake District area having agreed to sell their units, the tender was [...]

2018-06-15T00:41:37+08:00June 15th, 2018|Property News|

COMMERCIAL MARKET Great Eastern, NTUC Income sign up at PLQ

Homegrown insurance bigwigs Great Eastern and NTUC Income have leased office space at Paya Lebar Quarter (PLQ). BT understands that Great Eastern, a listed subsidiary of OCBC, has leased about 125,000 sq ft on four floors of the 13-storey Tower 3 in the project. This is the same tower where SMRT has leased 97,000 sq [...]

2018-06-12T14:40:08+08:00June 12th, 2018|Property News|