Collective sale
Cuppage Terrace, next to The Centrepoint, up for sale with S$250 million valuation
A developer can potentially acquire and redevelop both properties, which are next to each other
Property players call for lower ABSD on foreign buyers, review of EC income and loan caps
Other proposals floated include further tweaks to developers’ sales deadlines, lower consent threshold for en bloc sales
The Centrepoint’s rear block up for collective sale at S$418 million
Frasers Property, its developer, is likely to be a top contender for the site for possible redevelopment
Loyang Valley to relaunch for tender in January at same guide price of S$880 million
Significant infrastructure and industrial developments are expected in the Changi East area
En bloc sale market in 2026 set to be more active, but challenges remain
Pain points for developers include high costs and limited redevelopment potential, say market watchers
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
