Topic of Interest: #Land (3,211 Articles Found)

December 6, 2021

Peace Centre, Peace Mansion sold for S$650 million after fifth en bloc sale attempt

CNA

Mortgagee sale of vacant hotel site at Devonshire Road, priced from $30 mil

Chuan Park now in private talks following close of S$938m en bloc tender

Third time lucky La Ville sold en bloc to ZACD for $152 mil

December 1, 2021

Golden Mile Complex: Test case for collective sale and conservation

Conserved building Golden Mile Complex up for sale at S$800m in 2nd en-bloc attempt

Two prime Pine Grove sites launched for sale; plots can yield over 1,000 condo units

Freehold Gloria Mansion to launch collective sale tender with $69 mil reserve price

November 29, 2021

JTC awards Jalan Papan site tender for S$5.6m to Trans-Euro

New bonus GFA scheme is a carrot that comes with a stick

Newly-built 999-year bungalow at Duchess Ave up for sale at undisclosed price

Freehold Dublin Lodge launches second enbloc attempt this year, reserve price lowered to $65 mil

New bonus GFA incentive scheme for developments which hit certain standards on digitalisation, productivity

November 24, 2021

Planned road alignment for Mt Pleasant housing estate changed following environmental study

New HDB estate in Mt Pleasant may come under prime location model: analysts

5,000 flats to be built on Old Police Academy site in Mount Pleasant; parts of area’s heritage to be preserved

Elizabeth Towers relaunched for collective sale at $630 mil

November 22, 2021

A 90cm buried rock reveals an 1860s estate stretching from Clementi to Queensway

Hoi Hup and Sunway secure Thiam Siew Avenue sites for $1.1 bil

The untold impact of Golden mile complex conservation on en-bloc sales

November 18, 2021

Freehold residential site at Hillview Terrace to be up for sale for $122 mil

November 17, 2021

A tale of two en bloc attempts

99.Co

November 12, 2021

Freehold doesn’t always mean it’s better: A case study between Jardin and Gardenvista

Pandemic fallout blunts textbook policy of raising land supply to curb rising home prices

Reused incineration ash and landfill trash could be used in reclamation for Tuas Port

November 8, 2021

Singapore Recreation Club raising funds in revised levy plan to remain at Padang

SRC has started a fund-raising drive to collect money from members so that it can remain at the Padang after its lease expires in July 2024. It needs to pay a sum of $18,404,070 to SLA by Jan…

December 6, 2021

4 S’pore property trends to watch in 2022

Singapore’s property market will end 2021 with its best sales performance in recent years, with prices of private homes rising six consecutive quarters to a historical high in the third quarter of this year. More than 25,000 private…

December 5, 2021

4 nostalgia-inducing en bloc exercises

1) Pearl Bank Apartments – After four attempts, the iconic horseshoe-shaped building was sold in 2018. Its residents were initially keen to conserve the multi-strata development due to its history and design. However, it was ultimately determined to…

99.Co

December 4, 2021

Good Class Bungalow at Brizay Park for sale at $33 mil

In the Good Class Bungalow (GCB) enclave of Brizay Park, located off Bukit Timah Road, a property at 11 Brizay Park is up for sale. It has a 1950s house sitting on a 17,892 sqft, freehold site. The…

JTC launches two industrial sites

JTC has launched two industrial sites – one at 11 Tuas Ave 18 and the other in Jalan Papan (Plot 9) – for sale under the second half of the 2021 IGLS Programme. The third of the four…

PropertyGuru

Peace Centre, Peace Mansion sold for S$650 million after fifth en bloc sale attempt

Shopping mall Peace Centre and adjoining apartment complex Peace Mansion have been sold after a fifth attempt at a collective sale, said JLL on Fri. The mixed development property on Sophia Road was sold for S$650 million to…

CNA

Mortgagee sale of vacant hotel site at Devonshire Road, priced from $30 mil

The tender for a vacant 5,370 sqft development site at 8 Devonshire Road has been launched with a guide price of between $30 million and $35 million. The mortgagee sale is managed by the auction team at Knight…

Chuan Park now in private talks following close of S$938m en bloc tender

Chuan Park Condominium at 240 to 250 Lorong Chuan has closed its tender and is currently “in a private treaty negotiation process”, said ERA. An ERA spokesperson told BT that the condo had received some interest from developers.…

Third time lucky La Ville sold en bloc to ZACD for $152 mil

The 40-unit La Ville, located at Tanjong Rhu, has been sold for $152 million to Hong Kong-listed property firm ZACD Group. The purchase price of $152 million translates to a land rate of $1,540 psf ppr, says Tan…

December 1, 2021

Golden Mile Complex: Test case for collective sale and conservation

The 48-year-old Golden Mile Complex had faced an existence crisis since Oct 2017, when the owners of the strata-titled, mixed-use development first put the building up for collective sale. However, its fate was decided when it was gazetted…

Conserved building Golden Mile Complex up for sale at S$800m in 2nd en-bloc attempt

The iconic Golden Mile Complex on Beach Road has been put up for collective sale for a second time after a failed attempt ended two years ago. The 48-year-old building, which was gazetted as a conserved building last…

Two prime Pine Grove sites launched for sale; plots can yield over 1,000 condo units

URA has released for sale 2 residential sites at Pine Grove (Parcels A & B), it said on Tues. The sites are released under the reserve list of the second half 2021 GLS programme. Both sites have a…

Freehold Gloria Mansion to launch collective sale tender with $69 mil reserve price

Gloria Mansion, a freehold residential development on Pasir Panjang Road, will launch its collective sale tender on Dec 2. The 31-unit development will be put up for sale with a reserve price of $69 million. Gloria Mansion is…

November 29, 2021

JTC awards Jalan Papan site tender for S$5.6m to Trans-Euro

JTC has awarded the tender for the industrial site at Jalan Papan (Plot 7) to machinery lifting and hoisting contractor Trans-Euro, at a tendered sum of some $5.6 million. On Fri, JTC said that the tender launched on…

New bonus GFA scheme is a carrot that comes with a stick

Developers welcomed a new bonus GFA incentive scheme aimed at transforming the built environment sector, although the all-or-nothing approach to qualify for the bonus GFA and the costs associated with fulfilling certain criteria were among key concerns flagged…

Newly-built 999-year bungalow at Duchess Ave up for sale at undisclosed price

A newly-built bungalow at Duchess Ave in prime District 10. The 999-year leasehold property has a land area of 10,091 sqft and has just obtained its TOP. The bungalow has five bedrooms, as well as a generous living…

Freehold Dublin Lodge launches second enbloc attempt this year, reserve price lowered to $65 mil

The owners of Dublin Lodge, a freehold landed development on Dublin Road in prime District 9, have launched their second en bloc attempt this year. The development was previously launched for sale in Febr this year with a…

New bonus GFA incentive scheme for developments which hit certain standards on digitalisation, productivity

Under a new 5-year scheme, private developments outside the GLS programme will be able to enjoy up to 3 per cent bonus GFA beyond the Master Plan GPR if they achieve enhanced standards in productivity, digitalisation, sustainability and…

November 24, 2021

Planned road alignment for Mt Pleasant housing estate changed following environmental study

A planned road network that will serve a future housing estate in Mount Pleasant is being adjusted following an environmental impact study of the area. The two-year study was commissioned by HDB and began in Jan 2019, it…

New HDB estate in Mt Pleasant may come under prime location model: analysts

The Prime Location Public Housing (PLH) model, which comes with stricter buying and selling conditions such as a longer MOP, could potentially be applied to the new HDB estate that will be developed in Mount Pleasant, property analysts…

5,000 flats to be built on Old Police Academy site in Mount Pleasant; parts of area’s heritage to be preserved

A new 33ha housing estate comprising 5,000 flats will be built at Mount Pleasant. It is an area with rich heritage, being home to the Old Police Academy and pre-war black-and-white bungalows. Considering their assessed heritage significance, the…

Elizabeth Towers relaunched for collective sale at $630 mil

Elizabeth Towers has been relaunched for collective sale at a reserve price of $630 million. Located on Mount Elizabeth off Orchard Road in District 9, Elizabeth Towers sits on a 54,318 sqft site and has a GFA of…

November 22, 2021

A 90cm buried rock reveals an 1860s estate stretching from Clementi to Queensway

When he was young, Professor Walter Tan would hear throwaway comments while sitting in his parents’ car about how “the whole of Queenstown used to be ours”, but it was not until this year that the full extent…

Hoi Hup and Sunway secure Thiam Siew Avenue sites for $1.1 bil

Two freehold sites at Thiam Siew Ave, sitting between Haig Road and Tanjong Katong Road in prime District 15 in the east, were sold for $815 million to a JV between Hoi Hup Realty and Sunway Developments. The…

The untold impact of Golden mile complex conservation on en-bloc sales

On 22nd Oct this year, the unthinkable happened: Golden Mile Complex, long assumed to be next for demolition after Pearl Bank, was slated for conservation. A win for Singapore’s architectural milestones to be sure; but with regard to…

November 18, 2021

Freehold residential site at Hillview Terrace to be up for sale for $122 mil

The owners of eleven freehold factory units at Hillview Terrace will jointly put their properties, comprising 31 to 35 and 50 to 64 Hillview Terrace, up for sale at an indicative price of $122 million on Nov 18.…

November 17, 2021

A tale of two en bloc attempts

Over the past week, two en bloc-related news surfaced: Thomson View, which is up for collective sale at a reserve price of S$950m (its 3rd… 5th attempt?) and Ampas Apartment, where a cancelled en bloc sale resulted in…

99.Co

November 12, 2021

Freehold doesn’t always mean it’s better: A case study between Jardin and Gardenvista

Let’s start with a scenario. Condo A – freehold, nearer to an MRT station, and new. Condo B – leasehold, further away from an MRT station, and 6 years older in age. Now, based on these characteristics, which…

Pandemic fallout blunts textbook policy of raising land supply to curb rising home prices

Private home prices in Singapore rose for the sixth consecutive quarter in the third quarter of 2021, up 1.1 per cent. Developers sold 3,550 new homes excluding EC units in the latest quarter. Unsold inventory of uncompleted private…

Reused incineration ash and landfill trash could be used in reclamation for Tuas Port

Incinerated ash and other waste materials from Semakau Landfill could be used for reclamation works in the third phase of Tuas Port’s development. NEA and MPA will conduct an environmental safety and technical feasibility study to use waste…