The Business Times
business-time-50

The Tanamera joins en bloc hopefuls

google-preferred-sourceAdd BT as a preferred source
Ry-Anne Lim

Ry-Anne Lim

Published Fri, Feb 3, 2023 · 06:40 PM
    • If a collective sale tender for The Tanamera is launched, the reserve price could be in excess of S$500 million, says marketing agent Knight Frank.
    • If a collective sale tender for The Tanamera is launched, the reserve price could be in excess of S$500 million, says marketing agent Knight Frank. PHOTO: KNIGHT FRANK

    ANOTHER en bloc hopeful has joined the fray: Owners of The Tanamera condominium in Bedok are now gunning for a collective sale exercise, and will begin the process of collecting signatures from the requisite 80 per cent of unit owners soon.

    If a collective sale tender for The Tanamera is launched, the reserve price, pending finalisation, could be in excess of S$500 million, marketing agent Knight Frank told The Business Times on Friday (Feb 3). 

    Located at Tanah Merah Kechil Road, the 99-year leasehold condo sits on a site spanning 236,778 square feet (sq ft). It has a gross plot ratio of 2.1 under the Urban Redevelopment Authority’s Master Plan 2019 and houses 288 residential units. 

    Residentialprivate home salesKnight FrankSingapore residential propertyResidential propertyCollective sale

    TRENDING NOW

    Eugene Lai (left) says that he was sharing a view with Tan Chian Khong that the board needed a refresh and that it was not an explicit direction to resign.

    CSE Global independent director quits after clashes with chairman Eugene Lai over board refresh

    In the last round of bidding, the premium for Category B was S$980 more than that for Category A.

    Cat A COE rate exceeds Cat B for third time in 4 months; premiums largely down

    Some industry watchers wonder if Orchard Road can hold its own next to competing retail destinations, both global and local.

    What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future

    Those whose employers actively discourage the use of AI at work have the lowest mental health score.

    Singapore workers experiencing rising anxiety; signs of fallout from pressure to use AI

    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