In The News

  • SLP-Newsroom_Website_2018.04.03tbt

    Tiong Seng-Ocean Sky JV Bags Cairnhill Heights in S$72.6m En Bloc Deal

    April 3, 2018

    The full article can be found in The Business Times, Real Estate Section, Page 12, 3 April 2018. Owners of the freehold Cairnhill Height Condominium located in prime district 9, which spans 1,431.4 square metres with a gross plot ratio of 2.8, agreed to put the project up for S$80 million collective sale last December. […]

  • SLP-Newsroom_Website_2018.04.03tst

    Private Home Prices Jump by 3.1% in First Quarter

    April 3, 2018

    The full article can be found in The Straits Times, Top of The News Section, Page A3, 3 April 2018. While the prices of resale flats declined, the private property market registered the sharpest rise in prices since 2010. This indicates a positive market recovery. Most of the home buyers and sellers observed the ever-increasing […]

  • SLP-Newsroom_Website_Channel-NewsAsia_2018.04.02

    HDB Resale Flat Prices Decline 0.8% in Q1 2018

    April 2, 2018

    The full article can be found on Channel NewsAsia online, 2 April 2018. With the Singapore Government offering more Build To Order (BTO) flats and the concurrent Sale of Balance exercise, the resale public housing market is estimated to have and prices of resale flats have declined by 0.8 per cent. However, the demand for […]

  • SLP-Newsroom_Website_2018.03.29

    Industrial Property Market Thawing

    March 29, 2018

    The full article can be found in The Business Times, Property 2018 Section, Page 22, Thursday, 28 March 2018. The Singapore industrial real estate market has been in the doldrums in recent years. However, there are signs that the industrial property market is finally reaching the bottom of the price and rental cycle. While the overall […]

  • SLP-Newsroom_Website_2018.03.29

    New Condos Can Cost Up to 13% More Than Existing Neighbours

    March 29, 2018

    The full article can be found in The Business Times, Property 2018 Section, Page 6, Thursday, 28 March 2018. In the current market upturn, prices and sales of private residential properties have risen across all market segments in Singapore. As the mass market condominium segment makes up about 45 per cent of the sales volume in the entire private housing market, […]

  • SLP-Newsroom_Website_2018.03.25

    Owners of Mandarin Gardens Have Approved the Collective Sale Agreement at the Second Extraordinary General Meeting Held Yesterday

    March 26, 2018

    Owners of Mandarin Gardens approved the S$2.48 billion asking price for an en bloc sale attempt at the second extraordinary general meeting, which lasted over 4 hours. The potential buyer could pay above S$4 billion (S$1,236 per square foot per plot ratio) to acquire the property and build a new project. If the Mandarin Gardens […]

  • SLP-Newsroom_Website_2018.03.21_tbt

    Far East-led Consortium Places 3 of Total 15 Bids for Holland Site

    March 21, 2018

    The 99-year leasehold site near Holland Village MRT Station drew 15 bids. Developers that were primarily developing residential projects in Singapore, appear to be ready to expand into commercial development. Far East Organization was joined by an affiliated company and Sekisui House, and has placed 3 bids to raise their chances of clinching the site. […]

  • SLP-Newsroom_Website_2018.03.21_tst

    State Tender for Holland Rd Site Draws 15 Bids

    March 21, 2018

    The 99-year leasehold site near Holland Village MRT Station drew 15 bids from 10 consortiums, of which 4 groups placed multiple bids to raise their chances of clinching the site. Developers that were primarily developing residential projects in Singapore, appear to be ready to expand into commercial development. 40 per cent of the 642,766 sq […]

  • SLP-Newsroom_Website_TODAYonline_2018.03.19

    En Bloc Fever Going Strong

    March 20, 2018

    Pacific Mansion has been sold to a consortium comprising Guocoland (Singapore), Intrepid Investments and Hong Realty for S$980 million, one of the largest collective sale in more than a decade. The bid ended 4.5 per cent higher than the development’s reserve price of S$938 million. The en bloc fever is not dying down yet and […]

  • SLP-Newsroom_Website_EdgeProp.sg_2018.03.10

    Domino Effect of En Bloc Sales

    March 20, 2018

    Since beginning of the year, 24 collective sale sites have been launched for sale and 9 sites were sold en bloc for a total of S$3.3 billion as at March 7. Two developments, Orchard Bel-Air and Park House, situated in the prestigious Orchard Boulevard neighbourhood are also jumping on the en bloc bandwagon. Orchard Bel-Air, […]

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