The Business Times
business-time-50
SUBSCRIBERS

Oxley Garden’s second attempt at S$200 million en bloc closes with no bids

google-preferred-sourceAdd BT as a preferred source

Corinne Kerk

Published Tue, Nov 1, 2022 · 06:36 PM
    • The Oxley Garden site, outlined in yellow, can be rebuilt into a five-storey condominium with a gross floor area of 85,246 square feet, based on its existing gross plot ratio of 1.4645.
    • The Oxley Garden site, outlined in yellow, can be rebuilt into a five-storey condominium with a gross floor area of 85,246 square feet, based on its existing gross plot ratio of 1.4645. PHOTO: JLL

    FREEHOLD Oxley Garden’s latest collective sale tender closed on Tuesday (Nov 1) without a bid.

    The prime District 9 site was put back on the market at the same asking price of S$200 million after a previous tender closed in June without a sale.

    The residential site was first put up for sale in April by real estate agencies JLL and Brilliance Capital, soon after an adjacent, larger property at 5 Oxley Rise was put on the market.

    Collective saleJLLSingapore propertySingapore residential propertyMobile Spotlight

    TRENDING NOW

    Previous offers for Automobile Megamart's lease renewal had lapsed as the subsidiary proprietors failed to come to a consensus.

    Car dealers submit S$68 million for renewal of Automobile Megamart’s lease

    Longest-serving chief minister Taib Mahmud’s legacy looms large over Sarawak as a family feud over his estate threatens to expose skeleton’s in the eastern state’s political closet.

    On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart

    State-level minimum purchase thresholds push foreign buyers towards higher-value properties, while consent rules and other restrictions further narrow the pool of homes available to them.

    That ‘cheap’ Malaysia condo could cost Singapore buyers far more than they think

    US President Trump with Chinese President Xi while leaving after a visit to the Zhongnanhai Garden in Beijing on May 15.

    Trump leaves Beijing with few wins but warm words for Xi

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More