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Enbloc activity in Geylang attracting smaller developers

Yuen Sing Mansion transacted this month; Tivoli Lodge up for sale

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Published Fri, Aug 14, 2020 · 09:50 PM

    Singapore

    GEYLANG, infamously known as Singapore's red-light district, is generating a mini buzz of a different kind this year - enbloc activity.

    This month Yuen Sing Mansion, a freehold collective sale site along Lorong 13 Geylang, was sold via private treaty for S$15.2 million, lower than the original reserve price of S$17 million.

    Singapore propertyPropNexERA RealtyCollective saleProperty developers

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