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Collective sale

People’s Park Centre will launch for public tender on July 16, after securing the requisite 80 per cent owner consent on June 18.

People’s Park Centre guns for third collective sale at lower S$1.48 billion guide price

People’s Park Centre will launch for public tender on July 16

Located along Tamarind Road, the five-storey Serenity Park condominium comprises 179 units across 10 blocks.

Serenity Park condo owners lower asking price to S$440 million in second shot at collective sale

This is around 13% lower than the S$505 million guide price marketed earlier this year

Completed in 1990, Balestier Regency comprises a single 10-storey residential block with 72 apartments.

Balestier Regency up for fourth en bloc sale bid at S$255 million

The price tag is about 17% higher than the second attempt in 2018 when it was launched for sale at S$218 million

The guide price reflects a rate of about S$2,641 psf ppr, inclusive of the 7 per cent bonus floor area, according to marketing agent ETC.

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

Located along Tamarind Road, the five-storey development comprises 179 units across 10 blocks.

Serenity Park condo in Yio Chu Kang put on the market at S$505 million

The price tag translates to S$1,453 psf ppr

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

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