Shaw Towers @ Beach Road Singapore May Redeveloped On the most happening Beach Road under rejuvenation, more and more owners give a new lease of life to their ageing properties. The latest announcement comes from the 48-year old Shaw Towers, the popular waffle maker design building of brutalist architecture. It actually [...]
Chinatown Pagoda Street Shophouses Collective Sale at $32.8m Once in a blue moon, shophouses on Pagoda Street, Chinatown come up for sale like a flash. In September 2016, a corner property at Pagoda Street (and New Bridge Road) changed hands for $20.5 million ($3,535 psf). In May 2017, No.39 on the [...]
Worldwide Hotels Acquired Golden Wall Centre with En Bloc Sale The current market is hungry for hotel properties and owner operators are on the front line. The trend of institutional-grade properties is undeniable two months after the breakdown of en bloc sales. Worldwide Hotels, the leading tourist class hotel group of [...]
Waterloo Apartments SOLD En Bloc to Fragrance Group for S$131.1 million Fragrance Group will redevelop both Tower 15 & Waterloo apartments into Hotel The redevelopment of Waterloo Apartments became much clearer when Fragrance Group of James Koh Wee Meng bagged its collective sale worth S$131.1 million. The 999-year leasehold building will [...]
People’s Park Center En Bloc - Singapore Famous Landmarks Sale The people who own Singapore’s People’s Park Center are on the brink of deciding as to whether they will reject or accept the reserve price of 1.3 billion dollars which was proposed for the sale of the property. This is going [...]
Golden Mile Complex Singapore En Bloc Sale 2019 Golden Mile Complex is going through two milestones, which are unprecedented in the history of Singapore. The architectural landmark is launching its collective sales process while it is under conservation study. The building is a symbol of urbanism with its completion and debut [...]
Duxton Hill and Stanley Street Shophouses SOLD for S$37.3 Million Dr Stanley Quek, a doctor turned veteran property investor is believed to be parting with adjoining shophouses located in Duxton Hill. This would be along with a shophouse in Stanley Street. The two deals separately would earn him an approximated S$37.3 [...]
MYP Plaza Singapore @ 135 Cecil Street SOLD for S$247m MYP which is listed on Singapore Main Board has decided to sell MYP Plaza, a freehold office tower located at 135 Cecil Street. It would be sold for S$247 million through its wholly-owned subsidiary Affreton. As per the report filed with the [...]
Singtel Hill Street Property Sold to EL Development EL Development is all set to acquire Hill Street property with is currently owned by Singtel. The property would be redeveloped into a hotel and the planning approval for it has also been granted. EL Development would pay price in tune of S$115 [...]
ICB Shopping Centre En Bloc Sale 2018 – Serangoon Mall For a reserve price of S$60 million, ICB Shopping Centre is prepped up for a collective sale. The freehold site launched its first public tender last January 22, 2018, Monday. This is one of the manifestations of the collective sale trend, [...]