Collective sale
Residential tower Starpoint in Pasir Panjang sold for S$55.3 million to Stalford International Education
The education service provider plans to redevelop the site into a hotel, hostel or serviced apartment
Government reviewing collective sales regime; reforms may be on the cards
Industry players have pushed to lower the threshold of majority consent to 70% from 80%, to spur redevelopment of ageing properties
Upper Serangoon Shopping Centre back on the market at unchanged S$260 million price
This translates to a land rate of S$1,471 psf
Trust issues arise in mother and daughter’s fight over 26 Singapore properties
The disputed assets include units in Thomson View, Chuan Park, Golden Mile Complex and The Centrepoint
Pek Chuan Building in Kallang up for collective sale at S$80 million
It comprises retail units on the first to third floors, with office units on the fourth floor; the site has a plot ratio of 2.5, and can be built up to 12 storeys
UOL, SingLand and CapitaLand complete S$810 million Thomson View en bloc deal
The residents stand to receive between S$2.2 million and S$4.9 million each, depending on the size of their unit
Courts go beyond box-ticking to stress fairness and process integrity in en bloc sales: Norman Ho
The veteran corporate real estate lawyer notes the framework is now more balanced, supporting redevelopment while protecting individual owners’ rights
Dublin Road freehold residential site up for sale at S$49.8 million guide price
The site comprises three adjoining land parcels with a combined area of 1,850.5 sq m
Keep Vers for HDB flats simple and fair
Framework should include 80% threshold for agreement, fair compensation
Singapore Shopping Centre back on the market at S$200 million
This asking price is 21.6% lower than the S$255 million reserve price in the 2020 en bloc attempt
