Topic of Interest: #Land (2,879 Articles Found)

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Linked detached house at Lengkok Merak for $16.95 mil

When Michael Ang, MD of Hansa Land and builder, Hong Kiat Construction, came across the semi-detached located at the corner of Lengkok Merak, just off One Tree Hill, he felt he had to buy it. This was because…

Semi-detached unit sees fierce bidding in year’s first property auction

A semi-detached house in the Siglap area attracted an unusually high number of bids – 33 – at the year’s first public property auction on Wed, an event that also stood out for its high number of mortgagee…

Year’s first public property auction in Singapore includes remnant land

A curious piece of remnant land in Sixth Ave surrounded by state land is up for sale. The owner cannot develop it on its own, and the state land must first be sold, before the plot can be…

Boutique hotel in Joo Chiat on the market for $55 mil

A 70-room boutique hotel at 51 Joo Chiat Road is up for sale at a guide price of $55 million, according to C&W. Aqueen Heritage Hotel is located in the Joo Chiat Conservation Area, occupying a land site…

What you need to know about en-bloc sales in 2021

1) Limited supply of land in limited places – For 1H 2021, there are only three confirmed residential sites. So coupled with the healthy uptick in transaction volumes, we do expect more collective sale interest in the coming…

Clearing forests for flats should be the last resort

I share the sentiments of many nature groups that are calling for the authorities to reconsider zoning Dover Forest (and Clementi Forest too) for residential use (Nature groups raise issues over Dover Forest’s zoning, Jan 17). Take, for…

Three freehold residential buildings at Mount Emily Road for sale at $18 mil

Three freehold residential buildings at 2, 4 and 6 Mount Emily Road will be up for sale from Tues, Jan 19, at a guide price of $18 million, or $1,115 psf on the existing GFA. The portfolio comprises…

Ideas for Jurong Lake District include bigger plots, signature events

Property developers, investors and businesses have offered several suggestions for JLD, which is set to provide over 100,000 new jobs and 20,000 new homes when it is fully developed. These ideas include the government selling larger sites “with…

Nature groups oppose zoning of Dover Forest in Ulu Pandan for residential use

NSS has raised concerns over the zoning of Dover Forest for residential use, citing the need to protect animal and plant species, and create more green spaces for the public. The area is in a 33ha Ulu Pandan…

Origami-inspired detached house at Siglap Plain for sale at $10.5 mil

A two-storey house with an attic and basement, inspired by the Japanese art of paper-folding or origami, is now on the market for $10.5 million, or $1,749 psf based on its land area of 6,003 sqft. The house…

Proxy restrictions at en bloc sales meetings to take effect from Jan 18: MinLaw

Starting Jan 18, 2021, amendments to the Second Schedule of the LTSA to restrict the number of owners a proxy can represent at general meetings for en bloc sales will come into force. The move aims to encourage…

High Street Plaza near Singapore River launched for collective sale at S$239m

Mixed-use tower High Street Plaza was put on the market on Wed for collective sale via public tender. The reserve price for the 999-year leasehold building is S$239 million, ERA said. Located at 77 High St, the 11-storey…

Despite $10m price cut, bungalow in Yang Yin saga could struggle to find buyer

The high-profile bungalow of Madam Chung Khin Chun—the victim of convicted swindler Yang Yin—at 2F Gerald Crescent has been put up for auction again for $25 million (about $785 psf). This is $10 million below the $35 million…

Residential collective sales: A ripple or a wave?

Four collective sale sites sold for a total of $103.7 million last year seems meagre, when compared with the $489.9 million transacted in 2019 or the $10.84 billion achieved in 2018. However, signs are pointing to “a possible…

Residential investment sales stoke the flames of recovery

Real estate investment sales volume in Singapore totalled over $11.05 billion in 2020, according to estimates by CBRE Research. It marks the lowest investment sales volume since GFC in 2008, at $7.7 billion in total. “As a result…

Bungalow site at Seletar Hills, owned by victim of financial scam, for sale at $25 mil

A sprawling site of 31,882 sqft, located at 2F Gerald Crescent, nestled within the Seletar Hills landed housing estate is on the market for $25 million ($785 psf). The land currently houses a vacant bungalow, which used to…

Haidilao family buys freehold good class bungalow for $42 million

The family of Singapore’s richest billionaire, co-founder of Sichuan hotpot chain Haidilao, is buying a freehold good class bungalow (GCB) in Gallop Road at the highest price psf for the area. According to documents seen by ST, the…

Boldtek Holdings subsidiary to purchase residential property at No. 8 Lorong 25A Geylang Road for $26.5 mil

Boldtek Investment, a wholly-owned subsidiary of Boldtek Holdings has made an offer to purchase on an en bloc basis, a residential property located at No. 8 Lorong 25A Geylang Road for a sum of $26.5 million. NNB 8…

Holland Rise GCB site for sale at $68 mil

A Holland Rise Good Class Bungalow (GCB) site comprising three adjoining plots of land is on the market at a guide price of $68 million. The property is located in the Holland Rise GCB Area, occupying a total…

Two freehold factory units in Mandai up for sale with S$18m guide price

Two freehold factory units at 94 and 96 Mandai Estate are up for sale with an indicative price of S$18 million, Colliers Intl said on Wed. The two-storey terrace factory units in the Mandai Estate industrial cluster are…

Three adjacent landed houses in Telok Kurau sold for $23.6 mil

Three adjacent freehold landed houses at Lorong N Telok Kurau have been sold via collective sale for $23.6 million to Baywind Properties, a 50:50 JV company between ABR Holdings and LWH Holdings. The three sites in District 15,…

Surrey Point in Newton up for collective sale at $55 mil

Owners of Surrey Point, a freehold residential development along Newton Road, have launched the property for collective sale at a guide price of $55 million. The price works out to a land rate of about $1,661 psf ppr,…

HSR termination will not affect overall plans for Jurong: Ong

The termination of the proposed HSR project will not affect overall plans for the JLD, said Transport Minister Ong Ye Kung yesterday. He told Parliament that MND had started planning to transform Jurong as early as 2008, as…

Malaysia expects compensation for HSR project’s termination to be below S$270 mil — Mustapa

Malaysia holds the view that the amount of compensation needed to be paid to Singapore for the termination of the KL-Singapore HSR project is much lower than S$270 million, said Minister in PM’s Department (Economy) Datuk Seri Mustapa…

Clementi Forest to remain zoned for housing, but no ‘immediate need’ to develop site: Desmond Lee

The Clementi Forest, which became a recent talking point after a drone footage of it went viral, will remain classified for residential use, MND Minister Desmond Lee said. Images of the green space caught the attention of online…

Failed KL-Singapore High-Speed Rail project offers a chance to reimagine second CBD in Jurong: Analysts

Plans to build the KL-Singapore HSR might have been scuppered, but analysts say there is a silver lining as it presents an opportunity to reexamine the masterplan for Jurong in light of the new normal brought about by…

All units at Lorong 3 Geylang vacated as land returns to state ownership

All 191 terrace house units at Lorong 3 Geylang have been vacated, as ownership of the site returned to the state after the leases expired on Thurs. “The return of leasehold land to the State upon lease expiry…

Govt needs to stay ahead of the curve on private property prices

I refer to forum contributor Ee Teck Siew’s letter (Govt should assess risk of property bubble, calibrate measures, Dec 25) and would like to urge the Government to stay ahead of the curve on private property prices. The…

JTC launches Jalan Papan site for tender under 2H2020 IGLS

JTC has launched one site at Plot 7 at Jalan Papan for tender in the second half of the 2020 IGLS programme. It is the last of three Confirmed List sites for the 2H2020 IGLS Programme. The site…

Single-owner plots, older CBD office sites in spotlight amid residential sales buzz: report

Single-owner plots and older CBD offices are now in the spotlight as residential property developers eye strong residential sales. C&W expects more buzz in residential investment activity in the early part of 2021 as residential sales continue to…

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