Collective sale

Prime Orchard condo High Point takes fifth stab at en bloc sale with S$580 million asking price

Market watchers say developers will have to price the finished condo at an average of around S$5,000 psf

Loyang Valley sits on a 840,648 sq ft plot of land, which now houses 362 apartments.

Loyang Valley sold for S$880 million to SingHaiyi-led consortium

The deal puts the development among Singapore’s largest residential en bloc sales since 2007

The 99-year leasehold Pek Chuan Building sits on a land area of 28,700 sq ft with about 56 years left on its lease.

Pek Chuan Building back on the market at same guide price of S$80 million

This is owners’ second attempt to sell the four-storey commercial building

The Centrepoint comprises two components: a freehold front plot and a leasehold rear plot.
SINGAPORE PROPERTY

Frasers Property defends turf with S$391.9 million acquisition of The Centrepoint rear block

This will allow the group to consolidate adjoining sites for a major redevelopment in the future

The bungalow was previously the residence of Cheong Eak Chong, one of Singapore's pioneer real estate developers and founder of Hong Fok Corporation and Tian Teck group.

Receivers put one-seventh stake in Cheong family’s Oxley Rise mansion on the block

The prime freehold residential landed plot was put up for sale in 2022 at S$300 million

The sale of the site is not expected to incur additional buyer’s stamp duty for the developer, as the plot currently has a Business 1 zoning.

Tan Boon Liat Building in Outram up for sale again at lower S$1 billion reserve price

The price tag translates to a land rate of about S$1,757 psf ppr

City Plaza, completed in 1980, was CDL's first mixed-development project.
SINGAPORE PROPERTY

City Plaza owners eye another mega en bloc attempt with S$970 million reserve price

The latest push comes amid mounting challenges faced by owners of the ageing strata mall

Cuppage Terrace comprises 17 adjoining Peranakan conservation shophouses.

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

There should be an exemption of ABSD for locals purchasing a second property, says Huttons Asia CEO Mark Yip.
SINGAPORE BUDGET 2026

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